FeaturedPorts and ShippingContainers in Saudi Ports increased by 6% y-o-y in December 2020Pritam BordoloiJanuary 26, 2021 by Pritam BordoloiJanuary 26, 2021 Ports in the Kingdom handled around 631,000 containers during the period... Read more
Banking and FinanceMagazineThe quest to lead Islamic financeInternational Finance Business DeskJanuary 25, 2021January 29, 2021 by International Finance Business DeskJanuary 25, 2021January 29, 2021 According to the IFDI index, Bahrain ranks third, while the UAE and the Kingdom of Saudi Arabia follow in fourth and fifth positions globally... Read more
FeaturedTelecomEtisalat, du raise foreign ownership caps to 49%Pritam BordoloiJanuary 22, 2021 by Pritam BordoloiJanuary 22, 2021 Previously, foreign ownership was capped a 20%... Read more
EconomyFeaturedUAE to see a V-shaped recovery this year: FABInternational Finance Business DeskJanuary 20, 2021 by International Finance Business DeskJanuary 20, 2021 Rebound in tourism and oil prices are likely to lead the recovery... Read more
FeaturedIslamic BankingNCB to raise more funds through dollar-denominated sukukPritam BordoloiJanuary 18, 2021 by Pritam BordoloiJanuary 18, 2021 NCB said that the number and value of any sukuk to be offered will be determined based on market conditions... Read more
EnergyFeaturedQatar Petroleum to create low carbon energy by growing renewable energy capacityPritam BordoloiJanuary 15, 2021 by Pritam BordoloiJanuary 15, 2021 Qatar is planning to increase its solar capacity by 2-4 gigawatts (GW) by 2030... Read more
FeaturedReal EstateAl Habtoor Group launches sell of 537 luxury units in Amna TowerPritam BordoloiJanuary 14, 2021 by Pritam BordoloiJanuary 14, 2021 The property is located near the Dubai Water Canal banks... Read more
FeaturedWealth ManagementCiti’s wealth management unit in UAE to triple AUM to $15 bnPritam BordoloiJanuary 13, 2021 by Pritam BordoloiJanuary 13, 2021 The bank plans to do the same over the next 5 years by increasing the number of client-relationship manager... Read more
FeaturedLogisticsIQ Robotics partners with LiBiao Robotics to boost MENA logisticsPritam BordoloiJanuary 13, 2021 by Pritam BordoloiJanuary 13, 2021 Both parties will work to make further advancements in AI and machine learning... Read more
FeaturedIslamic BankingMasraf Al Rayan and Al Khaliji agree share-swap dealPritam BordoloiJanuary 11, 2021 by Pritam BordoloiJanuary 11, 2021 The merger will create one of the region's leading Shariah-compliant regional banks... Read more