Dubai launches economic program for post-COVID recovery
Dubai has launched an economic program as part of its efforts to reshape the emirate’s economy and try to assure…
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RAKBank reports Dh306m first half 2020 net profits
National Bank of Ras Al-Khaimah (RAKBank) on Wednesday reported a consolidated net profit of Dh306.6 million for the first half…
Beirut is scarred forever, says top tech startups UAE investor
On August 4, my heart skipped a beat as I kept seeing explosion in Beirut making headlines and making me…
Bahrain's Investcorp records $165m loss for 2019-20 financial year
Bahrain’s Investcorp slipped into a $165 million loss for the 12 months ended June 30, against profits of $131 million…
Startupbootcamp Continues to Support the Middle East and Africa Tech Ecosystem
Founded in 2010 in Copenhagen, Denmark, Startupbootcamp supports early-stage tech founders to rapidly scale their companies by providing direct access…
Ed appoints Assad Ulhaq as senior broker for EMEA
Ed, the global reinsurance, wholesale and specialty broker, has appointed Assad Ulhaq as senior broker and producer, with immediate effect. …
Total collapse: Lebanon’s currency crisis explained
Lebanon’s current economic catastrophe is epitomised by one factor more than any other: The free fall of its currency. Since…
Gold rises above $2,000 mark on stimulus bets, weaker dollar
By Gold rises above $2,000 mark on stimulus bets, weaker dollar, Reuters News Gold scaled an all-time peak on…
Dubai attracted Dh12b in foreign direct investments in first-half 2020
Dubai attracted foreign direct investments of Dh12 billion in the first six months of 2020, split across 190 projects. …
Dubai landlord lists 400 properties on Urban platform
More of Dubai’s property leasing is getting onto digital platforms. Dubai Asset Management has struck a partnership with Urban,…
Kuwaiti lessor halves Boeing 737 MAX order after ending legal claim
Kuwaiti aircraft leasing company Alafco has halved its order for 40 Boeing 737 jets after reaching an agreement to end…
'Brexit will bring us closer to the Gulf', says UK Middle East Trade Commissioner
The UK’s withdrawal from the EU will allow British companies to forge a more direct and closer relationship with governments…