UAE launches NextGenFDI to attract world’s top digital companies
The UAE has launched NextGenFDI, a campaign to attract digitally enabled companies and highly skilled talent to the country. …
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Over 23,000 employed in Oman’s public, private sectors in 2022
More than 23,000 job seekers have been employed in the public and private sectors during the first six months of…
Middle East governments must innovate to unlock green investment in region, study advises
Governments in the Middle East and North Africa need to adopt new tools and policies and collaborate to accelerate the…
In Dubai property, offplan prices are rising much faster than ready homes – what should buyers do?
Scouting for a property to buy in Dubai? If you are thinking that buying a ready home will turn out…
Ask the Law: In UAE, can employer dismiss an employee without issuing a warning?
Under the new Labour Law in UAE, when does an employer have the right to dismiss a worker without warning?…
Abu Dhabi Islamic Bank publishes its first Environmental, Social, and Governance report
Abu Dhabi Islamic Bank, a leading Islamic financial institution, has released its first Environmental, Social, and Governance report, highlighting the…
Qatar National Bank's net profit rises 12.3% in second quarter
Qatar National Bank, the Gulf's largest lender by assets, said on Thursday that its second-quarter profit rose 12.3% on an…
United Arab Bank goes live with Arab Monetary Fund’s Buna platform
United Arab Bank (UAB) announced the launch of cross-border multi-currency settlement service through BUNA payment platform. Incorporated in the…
Fintech company director fined $24,000 for obstruction of investigation
The Dubai Financial Services Authority (DFSA) fined Stuart Coles, director and owner of three firms (Coworth Fintech Ltd, Coworth Investments…
Zain Group boss is top Kuwait-based CEO on Forbes Middle East list of top executives
Forbes Middle East has named Bader Nasser Al-Kharafi, the CEO of Zain Group. as one of the top 100 CEOs…
Kuwait Lender KFH to acquire Bahrain's Ahli United for $12bn
Kuwait Finance House has agreed to fully acquire Ahli United Bank for $11.6 billion. KFH plans to offer one…
Bank loans to Saudi construction, building sector touches $27bln in Q1
The total bank lending to the building and construction sector in Saudi Arabia reached 102.38 billion Saudi riyals ($27 billion)…