NetApp's Maya Zakhour takes on new role as Channel Director for MEA, Italy and Spain
NetApp® has announced that Maya Zakhour will take on an expanded role as Channel Director for Middle East and Africa,…
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Saudi banks’ investments in gov’t bonds down 4.6% in H1-20
Saudi banks have lowered their purchases of government bonds during the first half (H1) of 2020 by 4.6% year-on-year (YoY)…
The move is aimed to limit risks from property slump
The central bank issued a notice to lenders “to stop certain unacceptable practices” involving mortgages, which enabled some borrowers to…
UAE foils 120,038 cyberattacks in July
The Telecommunications Regulatory Authority, TRA, stymied approximately 120, 038 cyber-attacks, during July, according to the authority's monthly report. The…
Dubai records 190 FDI deals worth $3.3bln
Foreign direct investments continued to flow into Dubai as the number of announced FDI projects reached 190 in the first…
UAE's hospital operators and insurers tussle over medical bills
The relations between UAE’s medical insurers and healthcare providers are coming under fresh strain, and if not resolved at the…
Berkshire Hathaway Specialty Insurance names property leadership in Middle East & Asia
Berkshire Hathaway Specialty Insurance has announced that it has appointed Kapil Palathinkal as Head of First Party Lines, Middle East,…
Global oil demand outlook is improving but downside risks persist, says NBK
With the pandemic raging in large parts of the southern hemisphere and persisting in heavy oil consuming economies in the…
ValuStrat: UAE real estate market ‘shaken’ by the Coronavirus pandemic
Home sales transactions fell by almost 50% between the first two quarters of the year as the effects of the…
'Explore financial restructuring options before it is too late'
With many companies already facing unsteady financial ground before the onset of this crisis, the economic consequences of Covid-19 will…
How are ME private sector leaders faring amid Covid-19?
Nearly 8 in 10 business leaders in the Middle East have been able to preserve business continuity and build enterprise…
Bringing Shoppers a Contactless and Secure Payments Solution in the Middle East
A fintech company, Payby, which provides a fast, secure, AI-powered, one-stop payment solution. is partnering with the Middle East’s leading…