How Saudi Arabia's hotel industry performed during corona
The Covid-19 crisis has had an unprecedented impact on the hotel industry in the Middle East, with Saudi Arabia no…
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ADL recruits financial services veteran Pierre Mariani as partner
Financial services veteran Pierre Mariani has joined Arthur D. Little as a partner in Dubai, following his recent two-year stint…
FAB reports a Group Net Profit of AED 2.5 Billion for the first quarter of 2021
First quarter results reflect gradual economic recovery Net profit of AED 2.5 Billion, up 3% year-on-year Annualised Earnings Per…
Restore our Earth
Lorraine Catt, Transformation & Shared Services Director, London As the world goes back to normal, what will become the…
UAE Central Bank fines an exchange house almost Dh500,000
The Central Bank of the UAE fined an exchange house operating in the country almost Dh500,000 ($136,000) for failing to…
Saudi Arabia's Al Rajhi Bank's first quarter profit surges 40% on stronger economic recovery
Al Rajhi Bank, Saudi Arabia’s second-largest lender by assets, reported a 40 per cent increase in first-quarter net profit on…
Etisalat Digital's new blockchain platform aims to stop trade finance losses
A new blockchain technology which could prevent losses in trade finance of up to 1 billion dirhams annually has gone…
PPAs signed for seven solar power projects in Saudi Arabia
Saudi Arabia has announced the signing of power purchase agreements for seven solar photovoltaic projects with a total capacity of…
Mashreq Bank offers 'buy now pay later' options to customers via cashew deal
Mashreq Bank will now offer ‘buy now pay later’ options on purchases made through merchant partners. This comes after tie-up…
Banking giant HSBC to use only recycled plastic for cards by end 2026
The UK banking giant HSBC will introduce 'sustainable' payment cards across all its global operations and by end 2026 eliminate…
Sonia Wedrychowicz joins McKinsey's Middle East partnership
McKinsey & Company has appointed a new partner in the Middle East: Sonia Wedrychowicz. Having been part of McKinsey’s…
People in the UAE are (surprisingly) happy with government services
With governments worldwide coming under pressure for various reasons, the UAE embodies a bright spot where people are happy with…