Uncategorized

Retail Banking

West African Development Bank announces acquisition of an equity interest by the Arab Bank for Economic Development in Africa in its capital

December 29, 2023

The West African Development Bank has announced that the Arab Bank for Economic Development in Africa (BADEA) has joined its…

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Hedge Funds & Alternative Investments

Bupa Arabia inks $90mln insurance agreement with SNB

December 29, 2023

Bupa Arabia for Cooperative Insurance Company was awarded a SAR 337.33 million insurance deal from the Saudi National Bank (SNB)…

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Retail Banking

Dubai's Union Properties to enter debt repayment deal with leading UAE bank

December 29, 2023

Union Properties has struck its second biggest transaction in recent weeks, this time on a debt payout agreement with a…

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Comment & Analysis

UAE concludes trade talks with Republic of Congo

December 29, 2023

The United Arab Emirates has completed negotiations for a bilateral trade agreement with the Republic of Congo, the second such…

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Environment and Sustainable Investments

Accenture to help e& shape and drive sustainable procurement strategy

December 29, 2023

Hot on the heels of unveiling its upped net zero commitment for its operations, e& has selected Accenture as its…

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Tax

Tax rules clarified for UAE entrepreneurs earning over Dhs1 million

December 28, 2023

Entrepreneurs earning over Dhs1 million per year through their individual business activities will need to register for corporate tax and…

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Hedge Funds & Alternative Investments

Saudi Cabinet approves contracting rules for foreign firms without regional HQs

December 28, 2023

Saudi Arabia’s Cabinet, chaired by Crown Prince Mohammed bin Salman, approved the contractual regulations for firms that do not have…

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Regulation, Risk & Compliance

Sheikh Mohammed issues new law to level up Dubai’s global competitiveness

December 28, 2023

Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister, and Ruler of Dubai, has issued a new…

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Regulation, Risk & Compliance

Saudi Arabia’s overall unemployment rate drops to 5.1% in Q3: GASTAT

December 28, 2023

Saudi Arabia’s overall unemployment rate dropped to 5.1 percent in the third quarter of this year, reflecting a decrease of…

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Comment & Analysis

Family-owned businesses ‘make up 90%’ of UAE’s private sector

December 28, 2023

Businesses in the UAE are known the world over for being progressive trailblazers that, along with the country’s government, have…

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Property & Real Estate

In Dubai, developers will ‘pounce’ on any new land releases: Vincitore’s Vijay Doshi

December 28, 2023

These days, it’s relatively easier to sell an offplan property in Dubai than to find land to build them –…

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Hedge Funds & Alternative Investments

Saudi lures the super-rich with mansions, superyacht hub in new NEOM project

December 28, 2023

Saudi Arabia is courting the world’s wealthy with the launch of Norlana, a new real estate development featuring mansions, beach…

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