Jump in demand for second passports among KSA expats
Expatriates living in Saudi Arabia are more interested than ever in obtaining second passports, according to new data from Dubai-headquartered…
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QIB is 1st bank in Qatar to launch AI virtual assistant ‘Zaki’
Qatar Islamic Bank is the first bank in Qatar to launch a conversational virtual assistant armed with proprietary artificial intelligence…
UK real estate – how Jersey supports Middle Eastern investment
Simon Burgess, Head of Alternative Investments, and Lynda O’Mahoney, Business Development Director, have examine the major role Jersey will play…
UAE national banks post Dhs7.7 billion net profit in first quarter of 2021
According to data issued by the these banks, six ADX-listed banks booked around Dhs4 billion in profits during the first…
Investments in MENA power sector to surge to $250bln over 5 years
Investments into the power sector is set to surge in MENA, driven by a shift to renewables over the next…
Sustainable energy: Abu Dhabi's new strategy aims to reduce power, water emissions by half
UAE’s capital city Abu Dhabi is expected to halve carbon dioxide emissions from water and electricity production by 2025, following…
Du secures $1bln financing deal with a group of banks
Emirates Integrated Telecommunications Company PJSC (Du) has confirmed long-term financing of more than $1 billion to use for general corporate…
Arab world’s first electromagnetic compatibility labs launched in UAE
Technology Innovation Institute, the applied research pillar of the Advanced Technology Research Council, announced that its Directed Energy Research Center …
HSBC launches Green Deposits for corporate and institutional clients in the UAE
HSBC has launched Green Deposits in the UAE, which will give corporate and institutional clients a mechanism to make USD…
Arab Bank Group reports first quarter 2021 net profit of $128.3 million
Arab Bank Group has consolidated the financial statements of Oman Arab Bank under Group accounts in the first quarter of…
UBS Investor Sentiment survey: Cash holdings remain high but UAE investors plan to buy stocks
Fifty-eight percent of UAE investors are planning to increase stocks over the next six months while globally, forty-one percent of…
Saudi Arabia appoints new minister of economy and planning – SPA
Saudi Arabia’s king appointed Faisal al-Ibrahim as minister of economy and planning, state news agency SPA said on Monday. …