GCC market eyeing mergers and reduction in unit prices, says Saudi real estate company
Real estate developers in the GCC are mulling as much as a 25% reduction in unit prices along with company…
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Transfer pricing to take centre stage in Middle East taxation
As the global transfer pricing landscape becomes more sure-footed, businesses headquartered in the Middle East are still grappling with new…
Abu Dhabi issues USD 5 billion in multi-tranche
8 times oversubscribed at approximately USD 24 billion (peak orderbook) The 50-year tranche is the longest term for a GCC…
First Abu Dhabi Bank to begin talks with Israeli banks
First Abu Dhabi Bank the UAE's largest bank by assets is planning to start talks with two Israeli banks, Bank…
Wafa Life Insurance Egypt licensed to operate in Life and Health
On August 25th, 2020, the Financial Regulatory Authority of the Arab Republic of Egypt (FRA), responsible for supervising and regulating…
Digital cash platform Klip enters final stage of testing
The Klip digital cash platform could soon be rolled out across the country after entering its final round of testing…
Dubai launches retirement programme for over-55s
Dubai has launched a retirement programme for resident expatriates and foreigners over the age of 55. Retire in Dubai,…
Intellect Design spurts after deal with Samba Financial Group
Intellect Design Arena hit an upper circuit of 5% at Rs 195.30 after the company announced a large deal win…
Emirates Digital Wallet to 'Klip' cash usage
Emirates Digital Wallet announced on its first major step towards eliminating the use of physical cash, as Klip, the UAE's…
Iridium Unveils the World's First Machine Learning Algorithms that Decode the Value of Investor Relations
- Four different Machine Learning algorithms were deployed to analyze 9 million data points across 673 global banks, including 65…
Ahlibank’s 5-year bond transaction raises $500mn
CEO: We are proud to see the outcome of our fourth bond issuance, which demonstrates the international investor community’s trust…
Abu Dhabi oil group reaches $5.5bn real estate deal with Apollo
Abu Dhabi’s state oil company has sealed a long-term investment partnership with a consortium led by Apollo Global Management, which…