Most Gulf central banks have reduced their key interest rates by 25 basis points, mirroring the U.S. Federal Reserve’s latest move to cut rates for the second time this year. The decision reflects the ...
South Africa’s FirstRand Bank has acquired a 20% stake, valued at approximately $70 million, in UAE-based fintech firm Optasia. The deal strengthens FirstRand’s presence in Africa’s rapidly growing ...
From Jordan to Kuwait, Majid Al Futtaim is retiring the Carrefour brand across multiple Gulf markets. The UAE and Saudi Arabia remain the question marks. Carrefour, one of the most recognizable names ...
Abu Dhabi-based real estate developer Aldar has unveiled plans to launch a series of develop-to-hold projects across the emirate, collectively valued at AED 3.8 billion in gross development terms. The ...
The UAE Cabinet, led by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has approved the federal budget for 2026, amounting to AED 92.4 billion.
Attend the Shared Services & GCC Week India 2025 in Bangalore from April 22-25 to explore strategies for GCC growth, innovation, and sustainability. Connect with industry leaders and tech experts.
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Around 73 percent of investors from Saudi Arabia are considering lucrative opportunities in UK real estate, highlighting the country’s status as a premier global destination, according to a survey.
Dubai, renowned for its luxurious lifestyle and high-profile business magnates, has witnessed the arrest of one of its most flamboyant figures, Balvinder Singh Sahni, popularly known as “Abu Sabah.” ...
First Abu Dhabi Bank (FAB), the UAE’s largest lender, has launched $750 million in five-year senior unsecured notes under its $20 billion EMTN (Euro Medium Term Note) programme. These notes are set to ...
In today’s VUCA (volatility, uncertainty, complexity, and ambiguity) world, the role of Chief Financial Officers (CFO) has undergone a profound transformation. No longer confined to financial ...