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Monday, 25 January 2021

Saudi Arabia reveals plans to double size of sovereign wealth fund by 2025

Late night announcements saw central bank governor Ahmed Alkholifey removed from his position
Start-up funding dries up as GCC investor ecosystem adapts to pandemic
Some private equity players are also looking into venture capital space to participate in the...
Embracing empathy at work, how to battle the 'loneliness endemic'
Best-selling author Mimi Nicklin on the value of empathy and how to foster it

Private jet arrivals in Dubai increase 21% year-on-year

Increase driven by 78% growth over Q4 compared to same period in 2019
New Finablr owners hire Moelis and pledge to reopen UAE Exchange
Prism Group AG and Abu Dhabi's Royal Strategic Partners acquired Finablr for $1 in December last...
Bahrain's GCC trade hits $5.7bn in 2020 despite coronavirus pandemic
During the fourth quarter of 2020, the value of exports of national origin increased by 12% to $1...

Saudi exports dropped in November, with oil revenue down 40%

China was the top destination for Saudi exports, followed by India and the UAE
Iraq says it will lower oil output to compensate for OPEC breach
OPEC's second-biggest producer will pump around 3.6 million barrels daily for January and February
Abu Dhabi approves three new coronavirus tests
Antigen test, the RT-LAMP test and the saliva test to be used in emergency departments and urgent...
Photos

In pictures: All the action from the UFC 257 at the Etihad Arena in Abu Dhabi

Irishman Conor McGregor is brutally knocked out by Dustin Poirier in the second round at UFC 257
Videos

Bestselling author Mimi Nicklin on the value of empathy and how to foster it

With people leading busier and more disconnected lives, the world is facing a "loneliness endemic...
Editor's Choice

Leaders of vaccine rollout, UAE and Israel, deliver world-beating market gains

Dubai Financial Market General Index has climbed about 9.8%, all but reversing its 10% slump in 2020
UAE non-oil trade volume to increase 12.9% this year
Analysis from Dubai Chamber of Commerce and Industry predicts 4.8% growth in global maritime...
Kuwait Central Bank allows lenders to distribute 2020 dividends
Kuwait Banking Association had previously said there would be no dividends until country recovers...
Opinion

Renewables on the rise: the GCC outlook

As governments, the world over, focus on stimulating and sustaining economic activity, it is...
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