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
EconomyFeaturedGolden visa extension will support UAE’s economic recoveryPritam BordoloiNovember 25, 2020 by Pritam BordoloiNovember 25, 2020 Recently, the UAE approved the issue of a 10-year golden visa to professionals from various sectors... Read more
FeaturedInsuranceEmirates’ new multi-risk travel insurance coveragePritam BordoloiNovember 24, 2020 by Pritam BordoloiNovember 24, 2020 The newly launched insurance coverage by Emirates has provisions similar to other travel insurance... Read more
FeaturedTelecomUAE’s Etisalat partners with Ericsson for 5G expansionPritam BordoloiNovember 24, 2020 by Pritam BordoloiNovember 24, 2020 The telco will implement Ericsson’s Advanced 5G Radio and 5G Core network, including User Data Management... Read more