Dubai Duty Free rehired 5,000 employees, sees full rebound by 2024 – Colm McLoughlin
Dubai Duty Free (DDF) is expected to make a full rebound in sales next year, as airport passenger traffic continues…
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Central Bank of UAE revokes licence of 'Dollar Exchange' house
The Central Bank of the UAE (CBUAE) has revoked the licence of Dollar Exchange, an exchange house operating in the…
GCC investments in renewables to rise as governments race to meet climate targets
S&P Global Ratings expects to see significant investments in renewables in the GCC during the current decade, as member countries…
GCC to appoint chief negotiator next month for trade talks with India – report
The Gulf Cooperation Council (GCC) countries are set to appoint a chief negotiator next month, which will help fasten the…
Ras Al Khaimah to open world’s first free zone for digital and virtual asset companies
Ras Al Khaimah (RAK) has announced its intention to launch RAK Digital Assets Oasis, the world’s first free zone dedicated…
Clavis Fintech Says Blockchain Will Simplify and Secure International B2B Payments
Small and medium-sized enterprises (SMEs) will greatly benefit from increased simplicity and security by using blockchain technology to make international…
Swiss bank Edmond de Rothschild sets up MENA hub in Dubai's DIFC
Swiss-based private banking giant Edmond de Rothschild Group is opening its MENA hub in Dubai's DIFC today as part of…
Investcorp expands globally, launches its presence in Japan
Investcorp, a leading global alternative investment firm, has announced its entry into the Japanese market with the opening of its…
Industry experts refute fintech market saturation in MENA
Industry experts have refuted the notion that the fintech market is oversaturated in the Middle East and North Africa (MENA)…
Global debt declines by $4tn in 2022 on stronger growth and inflation
The nominal value of global debt declined by $4 trillion to below $300 trillion in 2022, helped by stronger growth…
MENA tops world in crypto adoption
The Middle East & North Africa (Mena) region has topped the world in cryptocurrency adoption over the past year, recent…
Global equity firm General Atlantic taps Samir Assaf to lead MENA push
General Atlantic, a global equity firm with over $72.6 billion in assets under management, has appointed Samir Assaf to lead…