Business LeadersFeaturedUAE-based telco Etisalat Group names new CEOPritam BordoloiDecember 18, 2020 by Pritam BordoloiDecember 18, 2020 The telco appointed Hatem Dowidar as their new chief... Read more
FeaturedReal EstateSecondary residential sales in Dubai hits 7-year highPritam BordoloiDecember 17, 2020 by Pritam BordoloiDecember 17, 2020 Last month, 3,928 transactions worth $2 bn were recorded in the emirate... Read more
EconomyFeaturedSaudi Arabia announces $263.91 bn budget for 2021Pritam BordoloiDecember 16, 2020 by Pritam BordoloiDecember 16, 2020 The Kingdom will spend 7% less than estimated spending for this year... Read more
FeaturedFintechAmazon launches payments services for businesses in MENAPritam BordoloiDecember 15, 2020 by Pritam BordoloiDecember 15, 2020 The ecommerce giant announced the launch of its fintech arm Amazon Payment Services... Read more
EnergyFeaturedOman announces the foundation of a new state-owned energy companyPritam BordoloiDecember 8, 2020 by Pritam BordoloiDecember 8, 2020 The purpose of the new company is to transfer government stake in Concession Area 6 to EDO... Read more
FeaturedPorts and ShippingDP World mulls linking Europe and ME via IsraelPritam BordoloiDecember 8, 2020December 8, 2020 by Pritam BordoloiDecember 8, 2020December 8, 2020 Initial trade volume between Israel and the UAE could reach $5 bn... Read more
EnergyFeaturedBahrain awarded 134 oil tenders worth $733.8 mn in 9 monthsPritam BordoloiDecember 4, 2020 by Pritam BordoloiDecember 4, 2020 Overall Bahrain issued 1022 tenders during the first nine months of 2020... Read more
FeaturedReal EstateDubai records 3,395 property sales transactions in OctoberPritam BordoloiDecember 3, 2020 by Pritam BordoloiDecember 3, 2020 The sector recorded a 37.2% jump in the off-plan segment and 62.8% in the secondary segment... Read more
BankingFeaturedUAE banks’ assets increase by 7.6% y-o-y in September-endPritam BordoloiNovember 30, 2020 by Pritam BordoloiNovember 30, 2020 When compared quarterly, assets increased by 2 percent to reach Dh3.253 tn... Read more
FeaturedReal EstateSaudi developer Roshn announces flagship Riyadh communityPritam BordoloiNovember 26, 2020 by Pritam BordoloiNovember 26, 2020 The community spreads across 20 mn sq meters and consist of more than 30,000 homes... Read more