Dubai’s stock exchange attracts over 167,000 new investors amid flurry of listings, IPOs
The number of investors in Dubai’s capital market jumped significantly over the course of one year, as more companies chose…
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UAE, Saudi workers display job confidence in spite of economic uncertainty
Employees in the UAE and Saudi Arabia are confident about securing a new role or pushing for a payrise, promotions…
Egypt's net foreign assets climb by $2bln in December
Egypt's net foreign assets (NFAs) improved by 47.28 billion Egyptian pounds in December, marking a second month of increases after…
Saudi National Bank FY 2022 net profit soars 47%
Saudi National Bank's full-year (FY) 2022 net profit soared 47% year-on-year (YoY) to 18.58 billion riyals ($4.95 billion) as total…
Clean Energy: The key to economic and environmental resilience
As we continue to strive for a cleaner planet, governments, industries and organisations around the world are uniting to build…
UAE’s digital economy to reach $140bn in 2031: Dubai Chamber of Digital Economy
Dubai Chamber of Digital Economy, one of three chambers operating under Dubai Chambers, has released a report detailing plans to…
Confused about which free zone you should start your business in? Use this platform
Researching and finding out which free zone suits the profile of your company can be an overwhelming task, especially if…
MENA’s open banking platform Tarabut Gateway announces two senior appointments
Tarabut Gateway, MENA’s leading regulated open banking platform, announces two new appointments to its management team. Oussama Bouhcine joins…
Saudi Real Estate Refinance looks to debut dollar sukuk in Q2
The Saudi Real Estate Refinance Co., the kingdom's equivalent of US mortgage finance business Fannie Mae, plans to issue debut…
UAE changes commercial agency law to encourage more foreign investment
The UAE has amended its commercial agency law to increase its attractiveness and competitiveness as a place to do business.…
Rapid credit growth has hit Saudi banks’ liquidity, says S&P
S&P Global Ratings said yesterday that rapid credit growth in Saudi Arabia has reduced banking liquidity and it was unclear…
Dubai’s rising population set to spur property market growth
The population in Dubai hit the 3.55 million mark in 2022. To cater to the growing population, many developers have…