FeaturedReal EstateSharjah’s real estate transactions in 2019 touch Dh24.2 billionBharath KumarJanuary 20, 2020March 18, 2020 by Bharath KumarJanuary 20, 2020March 18, 2020 3,328 properties spanning 46.3 million square feet in area were sold in Sharjah last year... Read more
BankingFeaturedEmirates NBD inks deal with DLD to offer trust account servicesBharath KumarJanuary 20, 2020March 18, 2020 by Bharath KumarJanuary 20, 2020March 18, 2020 ENBD is the first UAE bank to team up with RERA after the new law in September 2019... Read more
EconomyFeaturedEgypt’s external debt increases 17.47% to $109.363 bn last SeptemberBharath KumarJanuary 20, 2020March 18, 2020 by Bharath KumarJanuary 20, 2020March 18, 2020 The World Bank estimates Egypt’s volume of long-debt to be more than $98.3 billion... Read more
EnergyFeaturedQatar to build solar project with Total and Marubeni for $467 mnBharath KumarJanuary 20, 2020March 18, 2020 by Bharath KumarJanuary 20, 2020March 18, 2020 The project is an effort to decrease carbon emissions and increase clean energy production for exports... Read more
FeaturedReal EstateDubai’s property market prices to stabilise despite heavy demandBharath KumarJanuary 20, 2020March 18, 2020 by Bharath KumarJanuary 20, 2020March 18, 2020 Five-year tourism visa to increase short-term rentals and holiday homes market... Read more
FeaturedTechnologyApple acquires edge-based firm Xnor.ai for $200 millionBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 Xnor.ai's software is likely to be adopted into forthcoming iPhones models... Read more
BankingFeaturedSouth Africa slashes interest rates to lowest in four yearsBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 The Monetary Policy Committee voted in unison to lower the repurchase rate to 6.25% from 6.5%... Read more
FeaturedTechnologyMozilla lays off 70 employees on the back of revenue struggleBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 The organisation is planning to diversify its revenue generation from sources outside of search partnerships... Read more
FeaturedFinanceSouth Africa reduces cheque limits to boost the use of B2B epaymentsBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 Checks can be written below $3,500 to encourage businesses to utilise more epayment options... Read more
EnergyFeaturedEBRD to finance Masdar, Infinity joint projects for up to $60 mnBharath KumarJanuary 17, 2020March 18, 2020 by Bharath KumarJanuary 17, 2020March 18, 2020 The joint venture known as Infinity Power will work on renewable energy projects in Africa and Egypt... Read more