The number of small and medium-sized enterprises (SME) operating in the UAE at the end of 2022 totalled 557,000MSMEs account for 90% of businesses, 60 to 70% of employment and 50% of GDP worldwide The number of small and medium-sized enterprises (SME) operating in the UAE at the end of 2022...
Finastra survey, produced in collaboration with East & Partners, indicates that banks in MEA want to implement fintech solutions to drive cost efficiencies and fast-track their slower than anticipated digital journeyFinastra research reveals that banks in the Middle East and Africa (MEA) region ...
The Islamic Development Bank (IsDB) Group is set to host its 2023 IsDB Group Annual Meetings in Jeddah from 10-13 May. Held under the patronage of The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, this year’s event falls under the theme: "Partnerships to Fend off Crises,"...
Focus is on ‘advanced strategies and technologies to optimize production.’Chronic issues related to asset integrity and process safety to be discussed.Discussions to improve asset reliability and preventing unplanned shutdowns. Great Minds Event...
Azizi Developments, a leading private developer in the UAE, has extended its partnership with Cummins Inc, an American global leader in the design, manufacturing, distribution, and supply of a wide range of power solutions. Cummins will supply Azizi’s prestigious Park Avenue I & II in MBR...
Raises allocation to DM bonds and Gold at the expense of equitiesGrowing expectations of a US and EU recession this yearChina turnaround with accelerating economic recovery Standard Chartered announced today its Global Market Outlook report which examines major asset classes globally. In its...
Azizi Developments, a leading private developer in the UAE, has just announced its latest launch: Azizi Amber in Al Furjan. The development, scheduled to be completed in Q4 2024, comprises a mix of studios, one-, two- and three-bedroom residences, as well as several premium amenities, including a...
Emaar Development PJSC (DFM: EMAARDEV) held its Annual General Meeting (AGM) where the Board of Directors reported Emaar's strong performance for 2022. At the AGM, shareholders approved the Board of Directors' proposal to distribute dividend of AED 2.081 billion (US$ 567 million) which equals...
The partnership will provide FinTech companies with access to Mastercard's network and expertise and DIFC's world-class financial ecosystemDubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has signed a...
Paving the way for the construction of three luxury residential and hotel towers Thakher Development Company, the master developer of the master plan and infrastructure of Thakher Makkah project, has announced the sale of several land plots with the aim of developing them within the project....