Dubai named the seventh best fintech location globally
The ranking cements Dubai’s position as a leading fintech capital across the globe...
Tag : Middle East
Oman’s net foreign assets increase by OMR990 mn in 2018
Increase in petroleum prices and exports are some of the major contributors to the rise in foreign assets...
Investment agency CEO expects FDI in Dubai to exceed $10.4 bn
Dubai recorded a 54 percent growth in FDI in the first quarter of 2019...
First Abu Dhabi Bank denies Qatar disclosure allegations
The Qatar Financial Authority imposed a fine of $55 million for obstructing a probe into the case...
Acquisitions boost DP World’s H1 revenue to $3.4 billion
The firm reported a 27 percent increase in profit for the first half of 2019...
NBB: No decision made on Bahrain Islamic Bank offer
National Bank of Bahrain is in talks with Islamic Development Bank to acquire its 14.42 percent stake in Bahrain Islamic...
Abu Dhabi Securities Exchange rebound after stock buy
The buying trend dominated the transactions of investors and foreign portfolios...
Iraq, Kuwait sign agreement for joint technical oil field study
The contract will study options to develop and exploit the oil fields on the border between Iraq and Kuwait...
Adnoc Distribution entering India’s lube market to boost sales
The move is part of Adnoc’s plan to globalise itself in the lubricants and base oils market...
Ahli United Bank: Using technology for leadership
The bank is taking major steps toward fintech innovation...