EconomyFeaturedUAE’s GDP is estimated to shrink by 6% in 2020Pritam BordoloiDecember 23, 2020 by Pritam BordoloiDecember 23, 2020 However, the economy is expected to grow 2.5 percent in 2021... Read more
FeaturedHealthcareBahrain approves China-based Sinopharm’s Covid-19 vaccinePritam BordoloiDecember 14, 2020 by Pritam BordoloiDecember 14, 2020 Bahrain participated in the Phase III clinical trials with more than 7700 volunteers... Read more
BankingFeaturedThe profound work of a top bank in structured financeInternational Finance Business DeskDecember 11, 2020December 11, 2020 by International Finance Business DeskDecember 11, 2020December 11, 2020 Al Ahli Bank of Kuwait has established a special unit to support clients who seek to successfully bid for prestigious projects... 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
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
FeaturedFintechEmirates Payment Services rolls out Empay in DubaiPritam BordoloiDecember 2, 2020 by Pritam BordoloiDecember 2, 2020 Empay is the world’s first contactless instant credit lifestyle payment ecosystem... Read more
AviationFeaturedEtihad Airways to resume operations to BeijingPritam BordoloiDecember 1, 2020 by Pritam BordoloiDecember 1, 2020 The carrier will fly to Beijing from Abu Dhabi starting from December 7... Read more
FeaturedPorts and ShippingDP World to acquire a stake in Shipping Corporation of IndiaPritam BordoloiDecember 1, 2020 by Pritam BordoloiDecember 1, 2020 The Indian government plans to sell its entire 63.75% stake in SCI... Read more
FeaturedHealthcareDHA, Emirates Islamic to set up dermatology and cosmetology centrePritam BordoloiNovember 30, 2020 by Pritam BordoloiNovember 30, 2020 Both parties have signed a MoU to set up the centre at the Rashid Hospital... 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