FAB stalls talks to acquire Bank Audi Egypt over uncertainity
Mergers and acquisitions in the Middle East are expected to grow after the negative effects of the pandemic settles...
Tag : UAE
Dubai launches new remote property registration system
The new system is designed to allow real estate owners to complete sales transactions from anywhere in the world...
Middle East is world’s second best market for clean energy investments
A report published by Ashurst observed that the region houses some of the largest renewable projects...
Adnoc Distribution’s app sees 9 mn contactless transactions
Adnoc provides four secure contactless payment options through its smart application, including Mobile Pay and RFID...
Brooge Petroleum leases six oil tanks in the UAE to Total
The lease will be for a period of six months, with a potential to renew for another six months...
RakBank, BankAsia drive cross-border payments using Ripple’s blockchain
Bangladeshi expatriate community is expected to benefit from the partnership with instant and secure payments...
Dubai real estate sees best first quarter performance in six years
Q1 2020 saw cash sales of ready homes up 30.4 percent annually with no change quarterly...
Adnoc’s digital command centre generates $1 bn in business value
Panorama is a key part of Adnoc’s ongoing strategic investments in digitisation and AI...
IATA: Oman’s airlines to suffer revenue losses of $724 mn in 2020
Oman's aviation industry could see 4.3 million fewer passengers in 2020...
Covid-19 could result in 400,000 jobs losses in UAE’s aviation industry
IATA believes job losses in the UAE’s aviation industry will be the highest compared to other Gulf nations...