Consumer confidence is returning and spending outlook “is certainly positive” across the Mena region, said Ahmed Galal Ismail, CEO of Majid Al Futtaim (MAF) Holding. Given that MAF operates in 15 …
Paymob secures UAE central bank license for retail payment services
The regulatory nod also enables the company to provide merchants with its full suite of omni-channel solutions …
Open banking fuels GCC fintech boom as UAE, Saudi lead regional growth surge
The open banking payments volume in the GCC is projected to quadruple to over $930 billion by 2028 from $230 billion in 2023 amidst all the member countries running real-time payment programmes …
Deadline demanded in Telegraph sale after Abu Dhabi fund urges cuts
Lisa Nandy, Culture Secretary, must set a deadline for a sale of The Telegraph by an Abu Dhabi fund after it made a “very concerning” call for budget cuts, Sir Ed Davey has demanded.
Abu Dhabi Global Health Week to take place on April 15
Dr. Noura Khamis Al Ghaithi, Undersecretary of DoH, said, “Abu Dhabi Global Health Week demonstrates our commitment to driving impactful change in the global healthcare landscape. Together, we aim to …
UAE expands Cepa network to shield economy amid trade risks
The UAE is doubling down on its comprehensive economic partnership agreements (Cepas) to shield its economy from potential trade wars and ensure uninterrupted access to global markets. With deals …
Dubai Investments plans IPO for its subsidiaries, says CEO
Dubai Investments, a diversified company in which the sovereign wealth fund Investment Corporation of Dubai holds a stake, plans to take four of its subsidiaries public amid the continued momentum for …
The true value of financial advice: St. James’s Place Middle East
One of the biggest benefits of financial advice is clarifying and setting out an investor’s long-term goals and matching their needs with the right investment …
Special UAE coin with image of Sheikh Mohamed now available for Dh650; how to get it
Calling all — and anyone who wants to keep a unique UAE memorabilia: A special silver coin with an image of President Sheikh Mohamed was issued to mark the Central Bank’s (CBUAE) 50th anniversary, it …
Sharjah property market beats 2008 peak with $11bn deals
Real estate deals in Sharjah rose 48 percent year on year to AED40 billion ($10.9 billion) in 2024, breaching the 2008 peak. The robust performance was led by a surge in the number of investors across …
Abu Dhabi healthcare firm M42 restructures operations to accelerate growth
Abu Dhabi’s M42, an artificial intelligence (AI)-powered healthcare company backed by sovereign wealth fund Mubadala, announced a new operating structure on Thursday, as it readies for future growth, …
Bred Abu Dhabi festival returns with Palestinian-Jordanian rapper The Synaptik and Saudi artist Asayel
Palestinian-Jordanian rapper The Synaptik, Saudi artist Asayel and Egyptian hip-hop artist Karim Osama are set to perform at the Bred Abu Dhabi festival this April. Returning to the purpose-built …
Abu Dhabi to make mark in esports with NIP Group tie-up
The Saudi government has, in recent years, invested heavily in esports, including forming tournament organizer conglomerate ESL Faceit Group, the Gamers8 esports festival, Chinese tournament operator …
Fintech Paymob Granted Retail Payment Services License by Central Bank of the UAE
Paymob, the financial services enabler in MENA-P, announces it has been granted the Retail Payment Services License by the Central Bank of the UAE (CBUAE) after meeting all regulatory conditions and …
Sharjah’s real estate transactions hit record $10.8bln in 2024
The sector has also succeeded in attracting investors from 120 nationalities from different parts of the world …
Sharjah’s Real Estate Soars to New Heights with Record Growth in 2024
Sharjah’s real estate market experienced unrivaled growth, with transactions totaling AED 40 billion. The market, supported by strong infrastructure and governmental backing, attracted investors from …
Wizz Air Abu Dhabi predicts slower growth
Wizz Air Abu Dhabi expects slower growth in 2025 as delays of new aircraft deliveries, engine issues in some of its existing fleet and regulatory problems in some new markets affect its ambitious …