The world economy on a tightrope
The COVID-19 pandemic is a global health crisis without precedent in living memory. It has triggered the most severe economic…
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Saudi trade surplus declines 25% in 2019
Saudi Arabia has achieved a trade surplus worth SAR 439.43 billion in 2019, down by 25.5% when compared to SAR…
Dubai's Deira City Centre set to open new section after $102.6mln revamp
Majid Al Futtaim, a leading shopping mall developer and leisure pioneer in the region, has announced that work is nearing…
Dubai continues to see big confidence from health sector investors
The Dubai Health Authority provided licenses to 37 health facilities and 2,340 health professionals from the beginning of this year…
Saudi central bank deploys blockchain technology to deposit money into local banks
The Saudi Arabian Monetary Authority used blockchain technology to deposit part of a SR50 billion funding package for the banking…
Dubai to adopt new regulatory standards to relaunch exhibitions, conferences
New regulatory standards will be deployed as part of the “roadmap” for Dubai to re-launch its MICE (meetings, incentives, conferences,…
DIB sells first sukuk in emirate since virus outbreak
Dubai Islamic Bank the UAE’s largest Islamic lender, sold a $1 billion sukuk, the first in the emirate since the…
EBRD and JPMorgan Chase Foundation to support small businesses in Turkey
First grant from a private philanthropic organisation Supporting economic inclusion and women-led businesses Turkish micro, small and medium sized enterprises…
UAE Central Bank expects economy to rebound from second half of 2020
The UAE economy is expected to begin recovery in the second half of 2020 following the sharp downturn experienced in…
Mena IPO deals raise $814.2m in first quarter of 2020
The Mena region recorded an increase in IPO volume and value during Q1 2020, with four IPOs - including one…
Jordan Kuwait Bank Adapts to New Normal With Citrix
COVID-19 continues to change the way companies do business in the Middle East. And one of the largest banks in…
Technology, Digital Strategies Will Power MEA’s Recovery and Create New Economies
With investments in transformative agenda expected to peak over the next four to five years, over 2,000 technology leaders from…