Solvency levels in Bahrain insurance might see a downturn
The coronavirus pandemic has made the financial market volatile and is in turn affecting the solvency levels...
Tag : Middle East
Saudi Arabia’s NCB signs merger agreement with Samba Financial
The new entity to have combined assets worth $223 bn...
Etihad becomes first UAE-based carrier to implement eTech logs
Etihad ran a trial period of three months in partnership with the GCAA...
UAE developer Nakheel sells $323 mn worth of ready-to-occupy villas
Nakheel sold 500 units in the last six months...
UAE invests $73 mn in AI systems in 2020; highest in the Middle East
Spending on AI systems is set to grow by 19.7% in 2019...
Saudi Arabia pumped 8.974 mn barrels of oil per day in September
The Kingdom exported 6.1 mn barrels a day during September...
Fintech Saudi launches accelerator programme to support the industry
The programme is being launched in partnership with Flat6Labs...
Oracle launches its planned second-generation cloud region in Dubai
The new cloud region will offer all Oracle cloud services, including autonomous database and cloud applications...
Dubai’s real estate transactions increase by 2.2% in August
During the period, Dubai recorded a total of 2,480 sales transactions...
Tel Aviv Chamber and Dubai Chambers sign agreement for bilateral cooperation
Both parties will carry out a joint study identifying synergies and support new businesses...