Business - TRENDS MENA

The SWFC will help identify opportunities for strategic capital collaboration and thought leadership between Canadian Public Pension Funds (PPFs) and...
The Canada-UAE Sovereign Wealth Fund Council aims to harness synergies between Canadian Public Pension Funds and UAE Sovereign Wealth Funds in global markets
Designed to offer an investment collaboration framework with a more dynamic and flexible structure, the SWFC will benefit Canada and the UAE as two key investment allies
GENEVA, SWITZERLAND - The WTO’s annual Public Forum 2023 will focus this year on how trade can contribute to a...
The Forum will examine in particular how the services sector, digitalization and inclusive trade policies can support global environmental goals.
Sessions at the Public Forum are organized by representatives from civil society, academia, business, government and international organizations.
DUBAI, UAE - MD and CEO of Dubai Electricity and Water Authority Saeed Mohammed Al Tayer discussed the latest advancements...
DEWA and Siemens discussed the role of smart grids in improving the efficient and sustainable distribution of energy.
They also discussed ways to enhance collaboration between DEWA and Siemens in the area of smart grid technology.
ISLAMABAD, PAKISTAN - The American Jewish Congress celebrated the arrival of the first shipment of food products from Pakistan to...
While Israeli authorities and buyers have no issue with direct shipments from Pakistan, officials in Islamabad have not issued any comment.
The transaction reportedly involved Pakistani-Jewish businessman Fishel BenKhald and three Israeli entrepreneurs.
Total equity increased by 7 percent to $930 million.
The bank maintained a solid capital position, with a regulatory capital adequacy ratio of 11.51 percent and a Tier 1 capital ratio of 10.33 percent.
Customers' deposits grew by 5 percent to AED 27,773 million ($7,562 million), highlighting the Bank's ability to maintain a solid and loyal customer base
The region's banking sector thrives in Q4-2022 with NIMs at multi-year highs and strong lending growth despite global banking crisis,...
The region's banking sector thrives in Q4-2022 with NIMs at multi-year highs and strong lending growth despite global banking crisis, highlights a report
The ongoing banking sector crisis in the US and Europe has limited impact on the region as GCC banks' exposure to these parts of the world remains minimal
Dubai, UAE -- A total of 3,035 real estate transactions worth AED10.7 billion ($2.91 billion) were recorded during the week...
Dubai Land Department said that 158 plots were sold for AED1.27 billion, while apartment and villa sales stood at 2,261, totaling AED5.11 billion.
The top three sales were a land in Al Khairan First worth AED157.08 million, a land worth AED67 million in Island 2, and a AED59 million land in The World Islands.
AJMAN, UAE - The Ajman Chamber of Commerce and Industry’s (ACCI) discussed with the Italian-Czech Chamber of Commerce in Milan...
Ajman Chamber is keen to enhance its international cooperation and diversify its foreign partnerships.
The Chamber discussed the competitive elements provided by Ajman economy and the investment opportunities available.
DUBAI, UAE - Dubai International Boat Show 2023 attracted over 30,000 visitors and industry players from across the globe for...
Owners and clients are increasingly interested in innovative technologies that can create a greener yacht.
With brands from 60 countries featured at the show, local manufacturers reported increased business.
Abu Dhabi, UAE -- The Central Bank of the UAE Friday revoked the license of Russia's MTS Bank's, which was...
The bank said that under its supervision, the operations of MTS bank, which is licensed in Abu Dhabi, would be wound down within six months.
Revocation of MTS's license comes weeks after it was added to a fresh round of sanctions by the United States and the UK.