Business Leader of the Week: Meet Telegram founder Pavel Durov, UAE’s richest expat
Pavel Durov was listed on the Forbes Billionaires List in 2022, with a net worth of USD 15.1 billion dollars...
Tag : United Arab Emirates
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...
Has MENA’s fintech sector reached its saturation point? Experts reveal
Fintechs are discovering these niche markets with better products and doing it more quickly...
IMF loan not enough? Cash-strapped Egypt sells state assets to Gulf nations
The investments by Gulf states into Egypt last year helped to alleviate some of the immediate financing concerns that Egypt encountered, prior to securing further funds from the IMF...
Amid impressive network growth, Air Arabia witnesses record net profit
Air Arabia said their FY'22 net profit was AED 1.2 billion, up 70% from the previous year...
Mubadala, ACWA to launch Umm Al Quwain desalination plant in 2021
ACWA Power and Mubadala will each own 40% stake in the plant, while FEWA will own the remaining 20%...
China looking to expand its investment through participation in AIM
With $70 billion non-oil trade with the UAE by 2020...