Growth in MENA region to reach 2.2% in 2024: IMF
The IMF report states that these figures have been revised lower than those that were released in April of 2023, which indicated growth of 2.7% in 2024 and 4.2% in 2025...
Category : Featured
Dubai’s Emirates NBD beats 2024 Q2 profit estimates, rebrands private banking unit
At the end of the 2024 second quarter, Emirates NBD's total assets increased to 931 billion dirhams, up 15% from 2023, while lending increased by 6% during the first half of the year...
Five essential steps to navigate financial career transitions
Investing in higher education is one of the best strategies to manage a financial career shift...
Flydubai plans to hire 130 new pilots and expand its fleet
At the Dubai Airshow in 2023, flydubai placed a historic order for 30 Boeing 787-9s, its first-ever wide-body aircraft...
Business Leader of the Week: Under Georges Elhedery, HSBC eyes shift towards growth
Georges Elhedery’s appointment as CEO comes less than two years after he was promoted to CFO in January 2023...
Egypt to receive LNG supplies through Port of Sokhna as summer arrives
In 2023, Egypt's total natural gas production fell to its lowest since 2017, figures from the Joint Organisations Data Initiative show...
IF Insights: Qatar’s household wealth shows tremendous growth
Qatar's growth story is one of a nation returning to its historical pattern rather than a dramatic break from the rest of the area...
Gold ETFs lost USD 6.7 billion in H1 2024, worst in more than ten years
The aggregate holdings of gold ETFs increased further, and their total assets under management stayed steady at USD 233 billion...
Start-up of the Week: Qatium & the art called Digital Water Management
Qatium's one of the biggest success stories has been its solution for the Canadian city of Waterloo, which had uniquely limited visibility into its water distribution network...
Alphabet in talks to buy cybersecurity start-up Wiz for USD 23 billion
Alphabet has decided against pursuing a takeover of HubSpot, a provider of online marketing software...