Bank Dhofar, the second-largest lender in Oman with assets worth $11.2 billion, has announced a revised offer for Ahli Bank just a day after a consortium led by Oman International Development and Investment Co. expressed its intention to bid for the esteemed financial institution. Recognizing the potential value and synergies a merger could bring, Bank […]
In a recent study conducted by KPMG and DataEQ, it has been revealed that banks in the United Arab Emirates (UAE) have made remarkable strides in enhancing customer satisfaction.
The Dubai Civil Aviation Authority (DCAA) and Dubai Municipality have recently solidified their commitment to the development of drone technology.
Hotpack, the prominent disposable packaging products manufacturer based in the United Arab Emirates (UAE), has taken a significant step towards embracing the digital era.
UBS Group AG, in a regulatory presentation ahead of the completion of its takeover of Credit Suisse Group AG, has projected a significant financial impact of approximately $17 billion.
Saudi Arabia’s National Debt Management Center (NDMC) has successfully raised $6 billion through the sale of Islamic bonds, known as sukuk, under its Global Trust Certificate Issuance Program. The issuance has received significant interest from investors, highlighting their confidence in the Saudi economy. According to a statement released on Tuesday, the Kingdom sold a $3 […]
H.H. Sheikh Ammar bin Humaid Al Nuaimi, the Crown Prince of Ajman, welcomed Antoine Delcourt, the Ambassador of Belgium to the UAE, for a cordial meeting held at the esteemed Ruler’s Court.
According to the latest World Bank Gulf Economic Update (GEU) titled “The Health and Economic Burden of Non-Communicable Diseases in the GCC,” the United Arab Emirates (UAE) is expected to witness positive economic growth in 2023. The World Bank projects that the country’s real Gross Domestic Product (GDP) will grow by 2.8 percent during the […]
The Central Bank of the United Arab Emirates (CBUAE) has reported that the gross assets of banks, which include bankers’ acceptances
Emirates SkyCargo has announced a significant enhancement to its service offerings, allowing customers to effortlessly locate and book interline cargo shipments to key Canadian destinations, including Toronto