Al Ansari upsizes IPO on strong investor demand
Al Ansari Exchange was founded primarily to address the foreign exchange and remittance demands of its business partners and consumers...
Tag : UAE
Ramadan 2023: UAE residents might save up to 70% on groceries despite price rise
Al Maya Supermarket has prepared several deals and promotions to assist customers in getting ready for the holy season of Ramadan...
Amazon UAE storage capacity increases by 70%, opens new fulfilment centre
During the holy month of Ramadan, Amazon anticipates a rise in consumer demand...
Price competition eroding UAE insurers’ profitability?
AM Best said that the future outlook for the UAE market, as well as its correspondents in Bahrain, Kuwait, Oman, Qatar and Saudi Arabia, remains stable...
UAE Takaful gross written contributions reach USD 1.2 billion
Almost 10% of the total gross written premiums in the UAE insurance business came from the Takaful sector's GWC...
Sales at UAE restaurants & cafes to climb 50% to USD 23.5 billion by 2027
Supermarket retail sales in the UAE are anticipated to increase to AED 19.7 billion, representing a 4% CAGR...
Face Pay: Carrefour introduces payment innovation for UAE shoppers
Carrefour is a chain of hypermarkets in the United Arab Emirates that is owned and run by Majid Al Futtaim...
Saudi Telecom sees record revenue rise amid 2Africa cable announcement
Saudi Telecom Company has announced that the Meta-led 2Africa subsea cable will be coming to Bahrain...
Zoho registers massive growth in last five years, to invest AED 100 million in UAE
To make enterprise technology accessible to companies of all sizes, Zoho has partnered with several organisations...
Setback for ‘Saudi Vision 2030’? Crypto firm Kraken closes UAE office
The Kraken episode comes at a time when the crypto sector is undergoing prolonged negative volatility since 2022...