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Tag: finance

Posted on 06/06/2020

UAE- OIC’s economic share at $6.6 trillion

The share of the Organisation of Islamic Countries (OIC), in the global economy shrank last year, accounting for 8 per cent or $6.6 trillion of global economy which is estimated at $86.6 trillion, …
( read original story …)


Posted on 05/06/2020

KSA and UAE Food & Beverage Markets 2019-2020 – Consumption Habits, Mega Trends, Emerging Opportunities

The 2020 outlook of the KSA and UAE F&B market charts out the prevailing trends in the F&B consumption patterns across the 2 countries, and provides the shares of the various food …
( read original story …)


Posted on 05/06/2020

Amid pandemic, life insurance becomes priority for UAE residents

According to the survey results, 46 percent of UAE residents have indicated that life insurance is more important to them than before the pandemic – placing it four times higher than travel insurance …
( read original story …)


Posted on 04/06/2020

Jailed Businessman Gets Chance To Attend UK Fraud Trial

An Indian businessman accused of tricking a hedge fund into buying $70 million in securities won a chance at defending himself in London when a judge adjourned the trial on Thursday to allow him to …
( read original story …)


Posted on 04/06/2020

Best Things to Do in Dubai and Skydiving Packages From Cloudsdeal

Cloudsdeal.com presents a complete list of amazing places to explore in Dubai, one of the most beautiful cities that everyone must visit on their vacation. From the record-breaking architecture, …
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Posted on 04/06/2020

2020 Outlook of the KSA and UAE Food & Beverage Market – ResearchAndMarkets.com

Outlook of the KSA and UAE F&B Market” report has been added to ResearchAndMarkets.com’s offering. The 2020 outlook of the KSA and UAE F&B market charts out the prevailing trends in the F&B …
( read original story …)


Posted on 04/06/2020

Rice in the Desert: Pandemic Spurs UAE to Grow More Food

The United Arab Emirates doesn’t spring to mind as an obvious place to farm rice, but the coronavirus is prodding the arid nation to explore new ways of feeding itself.In a pilot project with South …
( read original story …)


Posted on 03/06/2020

COVID-19 is turning many UAE expats with jobs into supersavers

It may even have created a generation of expatriate supersavers who will reshape the economy. Since March, some of the households in the UAE fortunate enough to retain jobs have been able to save …
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Posted on 03/06/2020

Warner Music’s upsized IPO raises $1.9bln in biggest U.S. listing this year

Warner Music Group, the world’s third-largest recording label, said on Wednesday its upsized initial public offering raised $1.93 billion in the biggest U.S. listing so far in 2020. The company …
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Posted on 03/06/2020

Food & Beverage Market to Surpass $80 Billion in 2020 in KSA and UAE

Frost & Sullivan’s recent analysis, 2020 Outlook of the KSA and UAE F&B Market, finds that the food and beverage (F&B) market in the Kingdom of Saudi Arabia (KSA) and the United Arab Emirates (UAE) …
( read original story …)


Posted on 02/06/2020

Covid-19 may have accelerated IPO for Fine Hygienic Holding, says CEO

The Jordan-based company has more than doubled its profit over the past two years, according to James Michael Lafferty …
( read original story …)


Posted on 02/06/2020

DFM reinforces its digital transformation drive

Dubai: Dubai Financial Market (DFM) today launchd its all-inclusive “DFM Smart Services App”, as the most recent step to strengthen its leading position in terms of digital transformation and as part …
( read original story …)


Posted on 02/06/2020

Rice in the Desert: Virus Spurs UAE to Grow More Food

The United Arab Emirates doesn’t spring to mind as an obvious place to farm rice, but the coronavirus is prodding the arid nation to explore new ways of feeding itself.In a pilot project with South …
( read original story …)


Posted on 02/06/2020

Rice in the Desert: Pandemic Spurs UAE to Grow More of its Food

The United Arab Emirates doesn’t spring to mind as an obvious place to farm rice, but the coronavirus is prodding the arid nation to explore new ways of feeding itself.In a pilot project with South …
( read original story …)


Posted on 01/06/2020

Chinese online grocery firm Dada looks to raise over $280mln in U.S. IPO

Dada Nexus Ltd said on Monday it aims to raise up to $280.5 million in an initial public offering (IPO) that could value the Chinese online grocery firm at over $3.72 billion. The company, whose IPO …
( read original story …)


Posted on 01/06/2020

UAE condemns Israeli plan to annex West Bank lands

The United Arab Emirates on Monday called on Israel to halt a plan to annex parts of the occupied West Bank — joining a long list of Arab nations that have condemned the expected Israeli move. The UAE …
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Posted on 01/06/2020

Bank assets in Abu Dhabi, Dubai hit $788bln in April

Gross assets of banks operating in Abu Dhabi and Dubai have risen to around AED2.897 trillion ($788 billion), by the end of April, accounting for 92 percent of total banking assets in the country, …
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