Business
ADCB Broadens its Regional Presence Through Strategic Expansion
January 18, 2024
ADCB Broadens its Regional Presence Through Strategic Expansion
Abu Dhabi Commercial Bank (‘ADCB’) is establishing a strategic presence in Saudi Arabia, leveraging its strong balance sheet and sophisticated…
Global Smart Building market to top US$408 billion by 2030
January 17, 2024
Global Smart Building market to top US$408 billion by 2030
The second edition of the Smart Building Summit has begun at Light + Intelligent Building Middle East, the region’s largest…
Gulf Islamic Investments Acquires a Significant Stake in Saudi Arabia’s Abeer Medical Company
January 15, 2024
Gulf Islamic Investments Acquires a Significant Stake in Saudi Arabia’s Abeer Medical Company
Gulf Islamic Investments (GII) has signed agreements to acquire a significant equity stake in Abeer Medical Company (Abeer), the largest…
Borouge Signs AED160 Million Supply Agreement with NAFFCO
January 11, 2024
Borouge Signs AED160 Million Supply Agreement with NAFFCO
Borouge Plc today announced the signing of an AED160-million agreement with NAFFCO, a UAE-based manufacturer and supplier of fire protection…
Conares to Spearhead Revolutionary Green Steel Manufacturing in the UAE
January 11, 2024
Conares to Spearhead Revolutionary Green Steel Manufacturing in the UAE
Conares, the UAE’s second-largest steel manufacturer, has announced its commitment to achieving net zero carbon emissions by 2050. This pledge…
ADIB Launches B2B Marketplace to Empower Small and Medium Enterprises
January 10, 2024
ADIB Launches B2B Marketplace to Empower Small and Medium Enterprises
Abu Dhabi Islamic Bank (ADIB) has announced the introduction of ADIB Business Souq, an innovative digital marketplace designed to provide…
Understanding with “Zand Digital Bank” to Appoint it as the Trustee of the Real Estate Development Escrow Account
January 10, 2024
Understanding with “Zand Digital Bank” to Appoint it as the Trustee of the Real Estate Development Escrow Account
The Real Estate Regulatory Agency (RERA), the regulatory arm of Dubai Land Department (DLD), signed a memorandum of understanding with…
Middle East startups warned that AI Obsession can Damage Growth Prospects
January 9, 2024
Middle East startups warned that AI Obsession can Damage Growth Prospects
As the rise of artificial intelligence continues, Middle East startups have been warned against placing an exclusive focus on advanced…
Etihad Airline Continues its Expansion, Aims for 18 Million Passengers by 2025
January 8, 2024
Etihad Airline Continues its Expansion, Aims for 18 Million Passengers by 2025
Antonoaldo Neves, Group Chief Executive Officer of Etihad Airways, affirmed the airline’s plans for expansion in 2024. This expansion includes…
Qashio and CredibleX Launch ‘Qashio Financing’
January 8, 2024
Qashio and CredibleX Launch ‘Qashio Financing’
Qashio, a leader in fintech innovations, in partnership with CredibleX, MENA’s pioneering embedded finance platform, has announced the launch of…