35 C
United Arab Emirates
Monday, August 19, 2019
The transaction comes just days after the launch of an initiative by Saudi ِArabia's central bank to promote financial technology in the kingdom
Careem has launched Careem REWARDS - one of the biggest rewards programme in the region with over 33 million users. The rewards programme is already active on all 33 million Careem users’ apps and gives points...
The Abu Dhabi National Oil Company (ADNOC) has been named as the most valuable brand in the Middle East by brand consultancy Brand Finance. ADNOC is the first regional oil and gas company to be...
Business
The biggest bank in the Middle East is being formed in Abu Dhabi
Investcorp
Mubadala’s stake will make it the biggest single investor in the Bahraini alternative investment firm
Oil prices fall by more than 3% despite the extension
A UK-based firm is reportedly planning to develop one of the world’s largest algae farms in Oman. London-headquartered Feed Algae aims to invest $440 million to build the project in the Sharqiyah Governorate of the sultanate,...
etisalat
Firm did not elaborate on restructuring plans
Wealthy
High net worth individuals are also bringing in skills and expertise apart from investment
Dubai-based Emaar Development says it sold $1.7bn worth of homes during the first six months of 2018