Central banks added 31 tonnes to global gold reserves in January 2023
Central banks around the world started the year by building up their gold holdings as they continue to see the…
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Business activities in UAE’s non-oil sector pick up pace in February – PMI
Growth in the UAE non-oil private sector picked up pace in February, marking the strongest upturn since last October, according…
Saudi, Egypt, Turkey are our top markets for energy business – Enova CEO
Enova was established in 2022 as a joint venture (JV) between UAE-based retail and leisure giant Majid Al Futtaim and…
Saudi Arabia ranks first among G20 countries with 4.9% productivity growth rate: International Labor Organization
Saudi Arabia secured first place among the Group of 20 countries for factor productivity growth in 2022, according to a…
UAE jobs: Nearly 50% residents received bonuses last year, survey reveals
The year 2022 will be known as the year of revival in the post-pandemic world. In 2022, companies also revived…
ADIB appoints Bushra Al Shehhi as Chief Human Resources Officer
Abu Dhabi Islamic Bank has announced the appointment of Bushra Al-Shehhi as the new Chief Human Resources Officer. Bushra will…
UAE private business output hits 4-month high, but slows down on new orders, hiring
UAE businesses recorded their highest outputs in four months during February, with owners more confident that the trend will continue…
First Abu Dhabi Bank facilitated over $9bln worth of sustainable projects in 2022: CEO
Hana Al Rostamani, Group Chief Executive Officer of FAB said that throughout 2022 the bank continued to build and leverage…
Allianz Life Assurance in Egypt becomes exclusive partner of HPA
Allianz Life Assurance in Egypt has announced that it had entered into a partnership with Human Power Association - Egypt…
Family disputes are the biggest challenge facing family businesses in GCC – DIFC survey
Family disputes and insistence on family control regardless of qualification are the biggest challenges facing family businesses, according to a…
Bahraini Islamic Banking Penetration Solid, to Benefit from Consolidation
Bahrain’s Islamic banking market share is expected to increase to over 50% of total domestic banking sector assets in the…
Julius Baer announces hires in Geneva as it continues to drive business growth for Middle East & Africa
Julius Baer has announced further hires which underscore the Bank’s growth ambitions in this important region. Julius Baer is…