Middle East technology & IT news portal including latest information technology news,Business technology & Tech news,Multimedia news,Product reviews & information,Software,Hardware,Computer tech & …
( read original story …)
UAE, Saudi Arabia tech investments on radar of US fund Capria
Seattle-based Capria Ventures says aiming to capitalise on the growth of ed-tech, agri-tech, digital health and fintech …
( read original story …)
Saudi Shares Boosted by OPEC+, Stocks Rally in Dubai: Inside EM
Saudi stocks rallied on Sunday, putting them on track to be the Middle East’s best performers in 2020, a day after the OPEC+ group pledged a more hands-on approach to the oil market. Equities in Dubai …
( read original story …)
London analysts say ‘it’s time to bank on Dubai’ again
Now is the time to bet on a rebound in Dubai’s tourism sector, say two top equity analysts out of London. Morgan Stanley and Nomura Holdings Inc concur that the festive season will provide the modern …
( read original story …)
UAE leads region in handling of Covid: Sheikh Mohammed
He tweeted: “According to a survey conducted by the Global Soft Power Index issued by Brand Finance from Britain that was done through a questionnaire sent out to 105 countries around the world… the …
( read original story …)
UAE tops Middle East in handling COVID-19 crisis
The UAE has topped the countries from the Middle East and is 14th in the world in handling the COVID-19 crisis efficiently, according to Global Soft Power Index issued by Brand Finance …
( read original story …)
How Gulf countries compare globally for Islamic finance
Bahrain, the UAE and Saudi Arabia all feature in top 5 of the annual Islamic Finance Development Indicator Bahrain, the UAE and Saudi Arabia have ranked in the world’s top five Islamic finance …
( read original story …)
UAE-based Indian billionaire BR Shetty’s company that owns UAE Exchange sold for $1
UAE-based Indian billionaire BR Shetty’s Finablr Plc is selling … Since then, agreements have been signed-in sectors ranging from banking to mobile phone services. Israel’s Finance Ministry sees …
( read original story …)
How Saudi Aramco IPO proved a game changer in a tumultuous year for oil
Saudi Aramco has got through the year in good shape, with the promises it made in the IPO intact, its share price riding high and with its long-term strategy still in place …
( read original story …)
UAE’s TruKKer gets $10mln funding from US-based Partners for Growth
The debt will be used to finance working capital needs required for the instant payment of thousands of transporters operating on TruKKer’s network …
( read original story …)
UAE’s largest bank opens ‘trade bridge’ with Indonesia office launch
… of its global network into Asia with the opening of a representative office in Jakarta First Abu Dhabi Bank (FAB), the largest lender in the UAE, has announced the expansion of its global network …
( read original story …)
Emirates Airline Writes Off $600 Million In Fuel Hedging Costs Due To Coronavirus
The Dubai-based airline has written off the cost of fuel which it bought but could not use due to travel lockdowns …
( read original story …)
UAE-based Trukker seeks new funding, weighs IPO
Trukker, a UAE-based startup that provides an Uber-like service for trucks, is planning to launch a new fundraising early next year and could eventually be listed on a regional stock exchange.
( read original story …)
A New Beginning For The UAE
Greenberg mentioned that “we are creating new collaboration bridges between the UAE Ministry of Finance and the Israeli Ministry of Finance. There is much potential for R&D cooperation between Israel …
( read original story …)
UAE: Reader disputes bank’s profit charges and late payment fee on credit card
Bank recommends for reversal of the charges after … Dear Reader, This section is about Living in UAE and essential information you cannot live without. Register to read and get full access …
( read original story …)
UAE Exchange Centre’s parent company Finablr is sold to Israeli-UAE consortium for $1
UAE consortium steps in as new owner to try and revive B.R. Shetty owned Finablr London: Finablr plc is selling its business to an Israeli-UAE consortium for $1, capping the collapse of a business …
( read original story …)
UAE Exchange Centre’s parent company is sold for $1
Its foreign exchange businesses and payment-technology operations include one of the largest foreign currency firms in the UAE – UAE Exchange. Finablr revealed in April about $1 billion of debt hidden …
( read original story …)