The increasing role of ESG investments in the race to zero
The biggest indicator of the importance of environmental, social, and corporate governance (ESG) investments is that their total market value…
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Abu Dhabi IHC's subsidiary acquires stake in U.S. digital media platform Firefly
Multiply Marketing Consultancy, a fully-owned subsidiary of ADX-listed International Holding Company (IHC), has acquired a stake in US digital media…
World's Best Islamic Financial Institutions 2021
The last year wasn’t an easy year for anyone. Lockdowns dampened economic activity to the point that GDP fell nearly…
Shuaa Capital sells 20% stake in Abu Dhabi utility company
Dubai-based investment bank Shuaa Capital sold its 20 per cent equity stake in the Mirfa International Power and Water Company…
The Middle East and Africa's 30 largest banks by assets, 2021
Qatar National Bank remained the largest bank by assets in the Middle East and Africa region for the sixth consecutive…
Consumer appetite in MENA for digital payments takes off: Mastercard
As the world went into pandemic lockdown in 2020, consumers shifted their spending habits to embrace contactless tap-and-go payments and…
More than 51% of traded constituents make gains on QSE
The Qatar Stock Exchange Thursday saw more than 51% of the traded constituents make gains although it treaded a flat…
Tabreed selects Deloitte Consulting for SAP transformation
Abu-Dhabi-based district cooling specialist Tabreed is embarking on a new digital transformation, and has picked SAP and Deloitte as partners…
COVID-19 impact: UAE reduces penalties on VAT, excise tax
The UAE has reduced tax penalties for value-added tax (VAT) and Excise Tax in order to help the companies and…
UAB reports financial results for the three months ended 31st March 2021
United Arab Bank has announced its Financial Results for the three months ended 31st March 2021. Strong performance is…
CIB receives 1st Gender Equity Seal in MENA region, co-chairs Egypt’s Closing Gender Gap Accelerator
Commercial International Bank – Egypt has become the first bank in the Middle East and North Africa region to receive…
Qatar finance minister arrested over alleged embezzlement -statement
Qatari Finance Minister Ali Sherif al-Emadi was arrested for questioning over allegations of embezzlement, abuse of power and crimes related…