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Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

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ADCB to raise $1.66bn

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UAE, Qatar least corrupt Arab nations

  • The CPI ranks180 countries and territories around the world by their perceived levels of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean).
  • With a score of 90 and 87 respectively, Denmark and Finland top the CPI, while Somalia and Syria hit rock bottom with a score of 13 and 12 respectively.

Dubai, UAE — The 2022 Corruption Perceptions Index (CPI) shows that most countries are failing to stop corruption. It ranks180 countries and territories around the world by their perceived levels of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean). The CPI said that in the Middle East and North Africa, where unequal political and economic power is deeply intertwined with conflict, corruption is undermining democratic processes, causing pervasive civil unrest and fueling violence. TRENDS takes a look at CPI in the Arab world: