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Thursday, 17 June 2021

Gulf IPO activity disappoints in Q1 as global markets hit 20-year high

Middle East and North Africa sees just three IPOs raising $294.8m during the first quarter of...
Abu Dhabi trials scanners to identify Covid-infected people
Pilot phase locations for the use of scanners include entry points to the emirate and selected...
Optimism grows as UAE's retail sector shows 'promising signs' in early 2021
Majid Al Futtaim boss says there is a 'renewed sense of optimism' that retail in the UAE will...

Saudi ultra-luxury project Amaala to grant multi-billion dollar contract by Q4

The contract is in the 'early stages and will go to market within the coming weeks,' said CEO...
How Dubai aims to progress its clean energy ambitions in 2021
DEWA chief says utility firm will add 600 megawatts of clean energy capacity this year
UAE firm inks Moderna deal to distribute Covid vaccines, boosters
Moderna and Magenta Investments sign agreement to further protect citizens, residents and...

UAE's first digital bank forms board of directors

Al Maryah Community Bank chairman hails 'historical moment' for the banking industry in the UAE
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Mubadala buys 60% in UEMedical after Olive Rock, Cerberus entry
The $243 billion wealth fund's health-care subsidiary said it's buying the stake in United...

Indonesian Government lists $3bn sukuk on Nasdaq Dubai

New listings increase the total value of all sukuk listed by the Government of Indonesia on...
Kuwait resumes commercial flights to UK as Covid-19 rules ease
The Gulf country is on the UK's amber list, meaning that travellers entering Britain have to take...
How NFTs and cryptocurrencies will disrupt the luxury market
NFTs will create a digital passport for high-end products while crypto provides an alternative...
Videos

Video: Abu Dhabi has removed the UK from its green list as Covid-19 cases rise in Britain

Tajikistan has also been removed from the UAE's green list, while Malta is the only addition to...
Editor's Choice

Prime Central London property prices up as Middle East buyers return to market

Prices rose 0.3 percent in May, underlining how market recovery in Prime Central London isn't...
Saudi Arabia to ban entry to malls for the unvaccinated starting August 1
At least one dose of Covid-19 vaccine will be needed to attend sporting and entertainment events
Talabat to double number of dark stores in UAE
Currently the aggregator has 20 dark stores in operation across six cities in five emirates, but...
Opinion

Collaboration key to build Middle East digital economies, achieve development goals

Digitisation has emerged, changing the ways of business productivity, education, and cooperation...
Operation 300bn will take local pharma innovation global
Alongside artificial intelligence, space technologies, and energy, pharmaceuticals have been...
Climate change consequences are serious for global oil and gas producers
As the effects of ESG trends and climate change on the oil and gas sector is any indication of...
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