Sharjah announces changes to real estate ownership law for expats
His Highness Dr Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued Law No. (2)…
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At $1,650 levels, gold is getting back consumer attention as safe haven
Global consumer demand for gold jewellery had its best quarter in some time as prices dropped 8 per cent during…
Arab Bank’s profit for first 9 months up nearly 50% on higher interest, loans
Arab Bank Group’s profits have jumped by nearly 50% on the back of higher interest and commission income, as well…
How one UAE-based fintech is looking to process $200bln in trade finance
Access to finance is one of the biggest obstacles to business growth for small and medium enterprises (SMEs), according to…
Korea to expand trade, investment footprint in Qatar: Kotra Chief
Korea will explore ways to enhance its trade and investment foot-print in Qatar which has a sound and stable business…
M7 opens Dubai office
UK-based asset manager M7 has opened an office in Dubai as part of its Middle East expansion plans. The…
Saudi: AlUla signs IBM to implement smart city project
The Royal Commission of AlUla and US technology mega-giant IBM have signed an agreement to help implement AlUla’s Smart City…
Waha Capital more than triples Q3 profit despite global macroeconomic headwinds
Waha Capital, which counts Mubadala Investment Company among its shareholders, more than tripled its third-quarter profit as both its public…
Saudi Central Bank licenses new fintech company to provide e-wallet service
The Saudi Central Bank on Thursday announced the licensing of Smart Digital Payment company (Tiqmo), a new payment technology company,…
Saudi wealth fund launches $24bn tech fund
A sovereign wealth fund led by Saudi crown prince Mohammed Bin Salman has launched a $24bn investment fund targetting the…
Capital Bank’s profits hit JD 80mln by the third quarter of 2022, a 52% increase
Capital Bank Group announced JD80 million in net profits at the end of September 2022, compared with JD52.7 million during…
ICM.com launches an investment opportunity in Empower IPO
ICM.com has announced it will be providing investors the chance to subscribe to Empower IPO - the world’s largest district…