UAE to press firms with 20-49 staff to hire at least one Emirati in 2024
Dubai, UAE--The UAE's Ministry of Human Resources and Emiratisation (MoHRE) has started implementing the cabinet decision to expand the scope...Business
Maisarah leads Oman government’s successful sukuk issuance
MUSCAT, OMAN - Maisarah Islamic Banking Services, Islamic window of BankDhofar, acted as an Issue Manager for the Sovereign Sukuk...Business Banking & Finance Markets
Dubai crown prince orders government procedures for doing business be cut by 30 percent
This is expected to improve Dubai’s, and in turn the United Arab Emirates’, position in the global Ease of Doing...
IT spending in insurance to grow at 6% CAGR by 2024
Improving customer experience is the keystone for insurers 55% of insurers already have, or plan to develop a customer...
Arab National Bank renews partnership with Microsoft Arabia
The agreement was signed by ANB’s chief operating officer, Ayed Al Zahrani and Microsoft Arabia's vice president of customer...
UAE banks make profit again as economy picks up speed
Top banks of UAE banks record more profit than last year Income rose by 85 percent during the first...
Saudi food company Tanmiah gets nod from regulator for share sale
Tanmiah Food Company has won approval from CMA to sell 30 percent of company shares The food company employs...Saudi Aramco unveils first dollar sukuk bond
The bonds will be issued in three tranches The deal will consist of three, five and ten year tranches...
Emirates NBD, Dubai’s largest lender, lists $750m bond on Nasdaq
The second offering for 2021 has increased NBD’s listed bonds to more than $5.1 billion. It was 2.3 times...
Ajar partners with Visa for online rent collection in Kuwait, KSA, Bahrain
New system will replace cash and cheques with a convenient credit card transaction Payments can be made instantly, with real-time...
Sharjah and Guatemala to boost economic ties, shore up investments
the Sharjah Chamber is keen to enter the Central American markets as a fertile market for agricultural and food products...
Saudi Arabia bans import of poultry, eggs from three regions in France due to spread of bird flu
The Saudi Food and Drug Authority took the decision due to the spread of bird flu there The regions are...
