cocoa import
April 21, 2023

Saudi Arabia is expected to surpass its 2022 cocoa import target given the success of the first quarter.

Cocoa Imports to Saudi Arabia have been steadily increasing over the past few years, with Swiss chocolate giant Lindt & Sprüngli opening a flagship store in Riyadh and Nestlé investing in a new manufacturing facility.

Binance
April 21, 2023

Binance’s representative, Alex Chehade, claims that the crypto regulations in UAE and Bahrain give the MENA region a global edge.

Binance Academy CEO Rami Chehade has highlighted the progressive and forward-thinking regulatory frameworks in place in the UAE and Bahrain, which have helped to create a more secure and stable environment for crypto trading and investment.

President
April 21, 2023

The UAE President emphasizes the link between sustainable economic progress and climate action, to enhance overall quality of life.

The UAE President, in a speech delivered today, has called for greater global action to combat climate change and promote sustainable economic development.

Luxury Brands
April 21, 2023

In the UAE, luxury brands are in high demand.

The region is poised to become a premier destination for luxury brands and services, attracting worldwide attention.

Brookfield
April 21, 2023

A $2.7 billion proposal has been made by Brookfield as they enter the competition for Network International in the UAE.

Brookfield Asset Management has made a $2.7 billion proposal to acquire Network International, the leading solutions provider in Middle East Africa.

Kazakhstan
April 21, 2023

According to sources, Kazakhstan has increased its oil exports by bypassing Russia.

Kazakhstan, a major oil producer in Central Asia, has increased its oil exports by bypassing Russia, traditionally a key transit country for the country’s crude.

Ray Dalio
April 19, 2023

A branch of Ray Dalio’s family office is set to be opened in Abu Dhabi.

Ray Dalio’s move to open a branch of his family office in Abu Dhabi is seen as reflective of his interest in the region and desire to have a positive impact on local communities.

Abu Dhabi
April 19, 2023

Abu Dhabi Airport expects 500,000 passengers during Eid Al Fitr.

Eid Al Fitr is an important time for the Muslim world, marking the end of a month of fasting and spiritual reflection. Despite the challenges posed by the COVID-19 pandemic, Abu Dhabi International Airport remains open and operational, providing a vital link for travelers during this difficult time.

Damac
April 19, 2023

DAMAC, a UAE-based property developer, sold a $400 million Islamic bond.

DAMAC has successfully sold an Islamic bond worth $400 million, which was heavily oversubscribed and carries a profit rate of 7.25%.

Qatar
April 19, 2023

Qatar’s economy growth will slow to 4% by 2023, Standard Chartered predicts.

Qatar has been working to diversify its economy in recent years, investing in sectors such as tourism and finance.

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