Saudi Arabia, Jordan eye trade relations over $1bn with new agreement
A bilateral agreement which could be worth over $1 billion has been signed by business leaders from the Saudi Arabian…
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Deutsche Bank’s Mystery Middleman Sat In on Saudi Stake Plans
Deutsche Bank AG didn’t just rely on obscure German businessman Daniel Wruck for advice when making investments in small startups…
Business conditions in Lebanon still deteriorating, but at a slower rate
Business conditions in Lebanon continued to deteriorate in February, but at a slower rate, as its Purchasing Manager’s Index (PMI)…
Abu Dhabi offers exclusive benefits to golden visa holders
Golden visa holders in Abu Dhabi are being offered exclusive commercial benefits to encourage investment in the emirate. They…
Mizrahi Bank posts highest ever profit
Mizrahi Tefahot Bank posted a record profit for 2021, NIS 3.19 billion, double the profit for 2020 of NIS 1.6…
Qatar banks' total assets surge 8.6% y-o-y
Total assets of Qatari banks stood at QR1.8tn in January, up 8.6% on 2021, QNB Financial Services has said in…
Oracle hires senior vice president for Middle East and Africa
Oracle has announced the appointment of Nick Redshaw as the senior vice president – cloud technology for Middle East and…
DIFC announces proposed amendments to Real Property Law for consultation
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region,…
UAE Central Bank approves creation of 5,000 jobs for Emiratis in banking, insurance sectors by 2026
H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister, Minister of Presidential Affairs, and Chairman of the Board of…
Saudi tech firm Master Works raises $40m in first round of funding
Saudi-based data and digital information company, Master Works has closed one of the biggest tech deals in Saudi Arabia, raising…
UAE's business sentiments show 'marked improvement' in Feb on rising customer demand
Business conditions in the UAE recorded a ‘marked improvement’ during February, with the private sector recording gains in demand. There…
Ankura enters Saudi Arabia with Riyadh office
Global consulting firm Ankura has launched a new office in Riyadh, marking its entry in the region’s largest economy. …