Emirates NBD to raise Dh6.45 bn from rights issue
The bank plans to expand abroad and attract more foreign investments...
Tag : UAE
Etihad, Air Arabia to create budget airline JV in UAE
Air Arabia Abu Dhabi, the region’s first low-cost, will operate out of Abu Dhabi International Airport...
UBS to advise on potential Arabtec-Trojan merger
Dubai-based Shuaa Capital will also act as an adviser on the potential merger...
Blockchain technology is vital to Smart Dubai implementation
Smart Dubai is developing more than 30 blockchain platforms that will host a big chunk of the government use cases...
Saudi Arabia fintech HyperPay for MEA Expansion
The startup currently has presence in the UAE, Jordan, Egypt, Kuwait, Bahrain, and Oman...
Islamic financial assets grow over $2 tn globally: IMF
Almost 85% of these assets are from the banking sector...
5G to boost MENA’s GDP by $15.4 bn
Saudi Arabia and UAE will be among the top contributors...
5G subscribers in the Middle East to reach 60 mn: Ericsson
A majority of the subscribers will be from Saudi Arabia and the UAE...
Adnoc to raise $5 bn from pipeline sale
Adnoc expects infrastructure funds and private equity firms to show interest...
UAE’s healthcare expenditure to reach $3.6 bn by 2030
Healthcare spending in the UAE grows at a compound annual growth rate of 8.8 % between 2011 and 2019...