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Tag: fintech

Posted on 10/08/2022

Abu Dhabi conglomerate IHC seeks takeovers in ‘buyers’ market’

Abu Dhabi conglomerate International Holding Co (IHC) expects to increase its takeover activity, including in India and Turkey, as global market turbulence has created “a buyers’ market,” its chief …

Posted on 10/08/2022

Abu Dhabi conglomerate IHC seeks takeovers in ‘buyers’ market’

Abu Dhabi conglomerate International Holding Co (IHC) expects to increase its takeover activity, including in India and Turkey, as global market turbulence has created “a buyers’ market,” its chief …

Posted on 10/08/2022

Conglomerate IHC boosts Abu Dhabi index to record high

Most stock markets in the Gulf ended higher on Wednesday, with the Abu Dhabi index reaching a record high buoyed by strong corporate earnings.

Posted on 10/08/2022

Commuters relieved as extra road lane eases Dubai-Sharjah traffic

Provided by The National View of the new lane added to Al Taawin bridge towards Sharjah. Photo: Pawan Singh / The National . A new road lane to improve traffic flow between Sha …

Posted on 10/08/2022

Abu Dhabi National Energy Company reports net income of Dh4.3bn in H1 2022

The group revenues were Dhs25.4bn, 15 per cent higher than the prior-year period, primarily due to higher commodity prices within the oil & gas segment …

Posted on 10/08/2022

ADNOC Abu Dhabi Marathon 2022 reveals new race series edition in build-up to main December event

The aim is to hone fitness of elite and amateur racers, say organizers Abu Dhabi: Abu Dhabi Sports Council and Abu Dhabi National Oil Company (ADNOC) have announced an all-new Race Series Edition to …

Posted on 10/08/2022

Red Bull boss Christian Horner admits Lewis Hamilton can feel ‘aggrieved’ for F1 title loss at Abu Dhabi GP

RED BULL team boss Christian Horner has admitted Lewis Hamilton and his fans can feel aggrieved over his title loss at Abu Dhabi last year. The seven-time World Champion missed out on an eighth F1 …

Posted on 10/08/2022

Sharjah’s 4-day workweek has had a majorly positive impact on the emirate

However, the emirate of Sharjah opted to forego the traditional five-day workweek, instead opting for a four-day workweek and recent findings have shown it’s had an incredibly positive impact on the …

Posted on 10/08/2022

UAE businesses can’t weather high inflation with hiking prices alone: Grant Thornton study

Dubai: A majority of mid-sized businesses, including those in the UAE, have failed to take steps to protect their operations from inflationary influences, according to a Grant Thornton study. While …

Posted on 10/08/2022

UAE Ministry issues resolution on bank guarantee and employee protection insurance

The aim of this new resolution is to preserve worker’s rights, support the business community, enhance the stability of the UAE’s work environment and strengthen its reputation as a preferred …

Posted on 10/08/2022

UAE Ministry issues resolution on bank guarantee and employee protection insurance

The aim of this new resolution is to preserve worker’s rights, support the business community, enhance the stability of the UAE’s work environment and strengthen its reputation as a preferred …

Posted on 10/08/2022

Saudi, UAE business situations enhance with easing in inflation

Business situations in the United Arab Emirates and Saudi Arabia enhanced last month as price weights dropped marginally in addition to employment ex …

Posted on 10/08/2022

Abu Dhabi Public Health Centre activate ‘Maternal and Child Health’ programme

The Abu Dhabi Public Health Centre has activated the “Maternal and Child Health” programme, which takes place annually in August, in cooperation with 35 maternity and children’s hospitals in Abu Dhabi …

Posted on 10/08/2022

Abu Dhabi insurer ADNIC’s H1-2022 net profit at Dh186.9m helped by gross premiums

Dubai: A 20.9 per cent increase in gross premiums fuelled Abu Dhabi National Insurance Company (ADNIC) to a net profit of Dh186.9 million for the first-half of 2022. Gross written premiums for the …

Posted on 10/08/2022

Explained: UAE’s new real estate rule regarding payments using virtual assets and cash

The new regulation makes UAE one of the first countries to implement such a mechanism for real estate transactions involving virtual assets. Here’s everything you need to know Explained: UAE’s new …

Posted on 10/08/2022

Dubai Records Over AED2.4 Billion in Real Estate Transactions Tuesday

Dubai real estate market recorded 436 sales transactions worth AED971.4 million, in addition to 101 mortgage deals of AED1.38 billion, and 17 gift deals amounting to AED55.13 million on Tuesday, data …

Posted on 10/08/2022

Forbes unveils Middle East’s top 25 fintech companies

Forbes Middle East has unveiled the “Middle East’s Top 25 Fintech Companies for 2022’, highlighting the innovators in financial services that are helping businesses go digital and aiding consumers in …

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