UAE records 21.929 mn telecom subscribers by the end of 2020
This includes mobile, landline and internet users...
Tag : Middle East
Saudi Arabia to digitalise real estate transactions
It is reported that 10 mn real estate ownership documents out of an estimated 100 mn had already been digitized...
Tencent deploys its cloud infrastructure in Bahrain
The Middle East’s cloud market is expected to reach $4.5 bn by 2024...
Dubai to enhance use of smart technologies in healthcare
The Dubai Health Authority announced the same on the occasion of the UAE Innovation Month 2021...
Dubai has the second-highest number of prime properties in the world
According to Knight Frank, London has 68,189 prime units followed by Dubai with 42,356 units...
Saudi sovereign fund to set focus on public debt
Global funds are focusing on external partners to operate their portfolio and investments, while some funds such as QIC and ADIA have their own teams to operate...
Abu Dhabi sees 19000 real estate transactions in 2020 worth Dh74 bn
This is a 28% increase year-on-year when compared to the Dh58 billion recorded in 2019...
Etihad and Gulf Air to expand their codeshare agreement
Both parties have signed a Strategic Commercial Cooperation Agreement (SCCA) which is subject to regulatory approval...
Saudi increases its holding of US stocks to $12.8 bn
PIF bought a $1.07 bn stake in Electronic Arts Inc and a $1.4 bn stake in Activision Blizzard...
Dubai-based fintech FlexxPay secures $3 mn funding
Investors that participated in the funding round include JIMCO, DIFC Fintech Fund and Wamda among other...