Crédit Agricole Egypt inaugurates new branch in Palm Strip Mall
Crédit Agricole Egypt celebrated the opening of its new Palm Strip branch in Sixth of October City in continuation of…
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Emirates NBD partners with the world’s leading innovation platform Plug and Play
Tie-up to boost open innovation and develop FinTech ecosystem in the region Emirates NBD has announced a partnership with Plug…
World’s 1.9bln Muslims spent around $2trln in 2021 – SGIE report
The world’s 1.9 billion Muslims spent the equivalent of $2 trillion in 2021 across the food, pharmaceutical, cosmetics, fashion, travel,…
Saudi Arabia to localize key jobs in fun cities
Minister of Human Resources and Social Development Eng. Ahmed Al-Rajhi announced on Thursday the ministry’s decision to localize key jobs…
Agility, Menzies boards agree on $750mln takeover deal
The boards of Agility Public Warehousing Company (Agility) and GIL International Holdings V Limited (Bidco), one of its wholly-owned subsidiaries,…
Aldar Properties acquires Rixos Bab Al Bahr for Dhs770m, takes total investment in RAK to Dhs1.5bn
RAK Hospitality Holding has confirmed the sale of the 715-key all-inclusive Rixos Bab Al Bahr hotel in Ras Al Khaimah…
Egyptian fintech Khazna raises $38mln in Series A
Khazna, a Cairo-based fintech company has raised $38 million in a Series A round led by Quona Capital. Other investors…
Saudi Arabia real GDP grows 6.7% in Q4 2021
Saudi Arabia’s real Gross Domestic Product (GDP) grew by 6.7% in Q4 2021 compared to Q4 2020. This positive growth…
First Abu Dhabi Bank expected to raise 500 mln euros via green bonds
First Abu Dhabi Bank (FAB.AD) is expected to raise 500 million euros ($553.90 million) in five-year green bonds at 70…
Saudi Arabia makes $5bn deposit in Egypt Central Bank
Saudi Arabia made a $5bn deposit in Egypt’s central bank, making it the latest Gulf state to support the economy…
Saleh Al Geziry to head Abu Dhabi Department of Culture and Tourism
Saleh Al Geziry will be the new Director-General for Tourism at the Abu Dhabi Department of Culture and Tourism. He…
Saudi Arabia deposits $5 billion in Egypt's central bank – SPA
Saudi Arabia has deposited $5 billion in Egypt's central bank, the Saudi state news agency reported on Wednesday, and the…