Turkey, UAE Sign FX Swap Deal Worth $5 Billion
Turkey signed a $4.9 billion currency swap agreement with the United Arab Emirates, boosting dwindling foreign-exchange reserves depleted by the…
Uncategorized
47651 articles found
Saudi Arabia kicks off the year with a $755 million sukuk issuance
The Saudi government offered sukuk denominated in Saudi riyals worth SR2.83 billion ($755 million) in its first issuance for the…
Social concerns to be key focus for Middle East investors in 2022: expert
Factors relating to businesses social aspects are likely to be a foremost factor in regional investors over the coming year,…
Abu Dhabi’s Taqa to press ahead with Dh40bn investment plan as part of renewables push
Abu Dhabi National Energy Company, or Taqa, as it is known, reiterated its commitment to invest Dh40 billion ($10.9bn) in…
More than 60% of UAE employees plan to look for new job in next six months, survey finds
About 65 per cent of employees in the UAE plan to look for a new job in the first six…
Dimitrios Petropoulos joins KPMG's Cyber practice
KPMG Lower Gulf has strengthened its Cyber practice with Dimitrios Petropoulos, who returns to the region following an office transfer…
Meet KPMG's new ESG leader for the Middle East: Fadi Al-Shihabi
In line with its global $1.5 billion-backed ESG ambition, KPMG is stepping up its investments in the Middle East ESG…
IBM appoints General Manager for IBM Egypt
IBM has announced the appointment of Marwa Abbas as General Manager for IBM Egypt. Ms. Abbas succeeds Wael Abdoush, who…
eBankX announces Chairman
eBankX has announced its appointment of Sulaiman Al Fahim as Chairman. Sulaiman Al Fahim is currently the executive chairman…
Gulf crypto firm Rain Financial raises $110mln
Gulf cryptocurrency company Rain Financial has raised $110 million in a funding round participated by global investors. The latest…
SaaS funding: Saudi Arabia-based Lucidya secures $6mln
Saudi Arabia-based customer experience management platform Lucidya has secured $6 million in its second round of funding led by Rua…
Aldar unveils $490m sustainable city project in Abu Dhabi
Aldar Properties, Abu Dhabi’s biggest developer, is constructing a Dh1.8 billion ($490 million) sustainable city on Yas Island. The…