ADQ an Abu Dhabi-based investment and holding company has announced the launch of a 180 million technology-focused fund Jasoor Fund (the Fund) with Oman Investment Authority (OIA) and represented by ITHCA...

Investment in artificial intelligence (AI) in Bahrain will not only expand job opportunities but also elevates salaries Ahmed Al Hujairy CEO of ThinkSmart Training and Development Centre has said. Speaking...

Saudi Arabia s Public Investment Fund (PIF) and Saudi Telecommunications Company (stc Group) have signed definitive agreements whereby PIF will acquire a 51% stake in Telecommunication Towers Company Limited...

Kuwait s banking sector witnessed healthy year-on-year growth observing notable increase across multiple identified key performance indicators such as net provision charge on loans capital adequacy ratio...

The UAE Ministry of Finance (MoF) has launched a digital public consultation to gather the views of stakeholders on the potential implementation of a Research & Development (R&D) Tax Incentive under the...

SNB Capital has led the buyside advisory on Abu Dhabi National Insurance Company (ADNIC) s SR499 million ( 133 million) acquisition of 51% of the share capital of Allianz Saudi Fransi Cooperative Insurance...

Businesses in EMEA now bear a cost of fraud that is 3.90 times the face value lost in fraudulent transactions says LexisNexis Risk Solutions. Unveiling the findings of its 2023 LexisNexis True Cost of...

Samsung Electronics Company Ltd has been named the number one signage manufacturer for the fifteenth consecutive year by market research firm Omdia once again demonstrating its leadership in the global...

The second annual Machines Can See Summit facilitated meaningful discussions around the latest breakthroughs trends and real-world applications in generative AI computer vision AI investment and education....

Dubai Chamber of Digital Economy (DCDE) has revealed that the combined market value of the nine multinational companies (MNCs) it successfully attracted to Dubai last year exceeds AED304 billion ( 82.84...

Beyon Money part of the Beyon Group has announced a partnership with Medical.BH to benefit its customers who book and pay for health services using a Beyon Money card with up to 5% unlimited cashback....

Shuaa Capital a leading asset management and investment banking platform in the region has reached an agreement with its noteholders to facilitate the amendment of the terms of its outstanding 150 million...

Abu Dhabi Global Market (ADGM) has clinched the top spot as the Most Trusted Financial Centre Brand Middle East for 2024 at the distinguished Global Brand Awards. The esteemed Global Brand Awards an annual...

S&P Global Ratings expects GCC insurers top-line growth to range between 5% and 15% in 2024 with Saudi insurers likely to expand at the fastest pace. The top-line growth of insurers in Gulf Cooperation...

Top telecom services operator stc Bahrain has signed a strategic partnership deal with HPE Aruba Networking as part of its efforts to enhance Wi-Fi and Networking technology offerings in the kingdom. stc...

Sukuks are expected to grow further through the remainder of 2024 albeit slowed from 1Q24 and the GCC debt capital market (DCM) is well on its way to cross 1 trillion outstanding says a Fitch Ratings report....