Asset ManagementFeaturedMiddle East AUM rises by 11% to reach $1.2 tn in 2020WebAdminJuly 12, 2021July 12, 2021 by WebAdminJuly 12, 2021July 12, 2021 A report by Boston Consulting Group mentioned that the sector grew to $1.2 tn in 2020 from $1.1 tn in 2019... Read more
FeaturedTelecomBrazilian telecom operator Mhent completes triple takeoverWebAdminJuly 12, 2021 by WebAdminJuly 12, 2021 The company purchased Optinet, Frosinet, and GW Telecom... Read more
FeaturedInsuranceTop insurers form alliance to fast-track transition to net-zero emissionsWebAdminJuly 12, 2021 by WebAdminJuly 12, 2021 The alliance consists of European insurance giants such as Allianz, AXA and Generali... Read more
FeaturedLogisticsDP World plans to acquire Imperial Logistics for $890 mnWebAdminJuly 9, 2021 by WebAdminJuly 9, 2021 This deal would land DP World greater visibility in South Africa and in the neighbouring markets... Read more
AviationFeaturedLATAM Airlines to sell 9 Boeing 767 aircraftWebAdminJuly 9, 2021 by WebAdminJuly 9, 2021 Tha carrier’s bankruptcy protection has been extended to late September... Read more
EconomyFeaturedBritain obliged to pay €47.5 bn as part of its post-Brexit arrangements: EUWebAdminJuly 9, 2021 by WebAdminJuly 9, 2021 The UK treasury insists settlement remains within its previous central range of £35 bn- £39 bn... Read more
BankingFeaturedAl Maryah Community Bank launches digital app after CBUAE approvalWebAdminJuly 8, 2021 by WebAdminJuly 8, 2021 The bank will now help its customers create savings and current accounts, and also help contribute to the digital banking revolution... Read more
EconomyFeaturedOman’s GDP is projected to grow by 2.5%: IMFWebAdminJuly 7, 2021July 8, 2021 by WebAdminJuly 7, 2021July 8, 2021 The International Monetary Fund said the Sultanate’s overall GDP is projected to grow around 2.5% in 2021... Read more
FeaturedLogisticsSaudi Arabia to invest $150 bn in transport and logistics: GovtWebAdminJuly 7, 2021 by WebAdminJuly 7, 2021 The funds will be used for the development of public transport, railways, and airports expansion... Read more
CurrencyFeaturedEther overtakes bitcoin as the most exchanged cryptoWebAdminJuly 7, 2021 by WebAdminJuly 7, 2021 Ether surpassed bitcoin for the first time in daily active addresses last week... Read more
