Editors pick

Statement from His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance on the successful launch of...

His Highness Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance said that the launch of the Hope...

DGCX partners with American University of Sharjah to foster next generation of professionals across finance sector

The Dubai Gold and Commodities Exchange (DGCX) today announced that it has partnered with American University of Sharjah (AUS) to foster the next generation...

Dubai FDI lines up 34 virtual seminars for investment promotion in 13 countries till end of 2020

The Dubai Investment Development Agency (Dubai FDI), an agency of Dubai Economy, with the participation of international business councils, investment advisors, and government agencies,...

US housing shows resilience amid uncertainty

The doomsayers who wrote off the US housing market after a plunge in sentiment in April have been silenced by the rebound in the...

Joint Statement by heads of multilateral development banks and the World Trade Organization (WTO) on supporting trade finance during the COVID-19 crisis

The COVID-19 pandemic has provoked the deepest economic downturn of our lifetimes. In addition to the ongoing shocks to supply and demand, international trade...

Souqalmal launches complete application service for banking products in the UAE

Finding out what the best loan or credit card for you is one thing. Now the application process with the eligibility criteria assessment, documents...

Arab Petroleum Investments Corporation (APICORP) issues a benchmark USD750 million 5-year bond

The financing will bolster APICORP’s business operations, including its countercyclical role in mitigating the impact of the COVID-19 pandemic and oil price fluctuations in...

Careem and Visa sign partnership to accelerate cashless payments and digital financial inclusion across MENA region

Careem and Visa have partnered to expand digital financial inclusion across the Middle East and North Africa region by integrating Visa credentials into the...

EY survey shows 54% of MENA executives plan to pursue M&A in the next 12 months despite COVID-19

Expectedly, business executives in the Middle East region are generally uncertain and cautious about the economy, their growth prospects, and their appetite to pursue...

OpenWay’s digital tipping solution helps acquirers target the service sector

According to recent statistics by Visa, 80% of payments in restaurants are made with a card. Most of the time guests do not have...

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