Dubai Economy and Emirates NBD to launch KYC blockchain platform
The platform will facilitate secure digital customer onboarding and also instant bank account functionality...
Tag : Middle East
Abu Dhabi Commercial Bank to let go 400 employees
The bank decides to cut costs amid lower oil prices and the Covid-19 crisis...
Saudi Payments partners with Japan’s JCB to enable the JCB payment
The partnership will enable local banks to accept JCB cards through their network of point-of-sale terminals...
Sales volume in Abu Dhabi real estate market to pick up in H2
Developers are expected to offer lucrative incentives to potential buyers...
Qatar Airways seeks $5 bn compensation from 4 nations for airspace ban
The carrier launched international arbitration against Saudi Arabia, the UAE, Bahrain and Egypt...
Adnoc and ADQ form joint venture to invest in chemical projects
Adnoc will hold a 60% equity stake in the venture, while ADQ will have the remaining 40%...
Gulf economies contracting in 2020 to recover in 2021
Analysts see a deep economic contraction in the hydrocarbon-producing region this year...
DP World in advance talk to acquire India’s Shreyas Shipping
Shreyas Shipping is the Indian flagged vessel owning unit of Transworld Group...
Aramco to reorganise downstream business to support its global growth
Aramco will expand its downstream business globally...
Global oil demand will soar by a record 7 bpd in 2021:OPEC
Oil prices in 2020 have collapsed due to an oil price war and the coronavirus pandemic...