Bank of America acquires 1.51% stake in Emirates NBD
The deal is expected to cost around Dh900 mn...
Tag : Middle East
UAE’s economy to contract by 4.5% in 2020: World Bank
Economy to recover and grow by 1.4% next year...
DIFC invests in four startups as part of $100 million fintech fund
The authority seeks to support companies looking to expand into the Middle East, Africa and South Asia...
Mubadala Investment to buy 1.85% stake in Reliance Jio for $1.21 bn
So far, Reliance has sold a combined 19% interest in Jio...
GCC nations to face the worst economic crisis in history, warns IIF
GDP of GCC nations to contract 4.4% this year...
Virgin Mobile appoints Saudi CEO, aims for market growth
Virgin Mobile appointed Eng. Yaarob Al Sayegh as the company’s first Saudi CEO...
Abu Dhabi Housing Authority digitalises application process
The new feature has been launched keeping in mind the current circumstances...
DP World partners with TradeLens to digitalise global supply chain
DP World aims to connect all its 82 marine and inland container terminals...
Development of Oman’s largest solar project makes headway
Arctech Solar produced 575 MW of trackers and shipped the major tracker components to the Ibri II solar power project in Oman...
Saudi Arabia’s STC to phase out 3G to make way or next gen tech
STC plans a smooth transition of all remaining 3G customers to 4G and 5G devices before 2022...