Articles
Majid Al Futtaim: Middle East's largest mall-operator sees earnings drop on pandemic closures
Revenue fell 7% after malls and cinemas faced shutdowns due to Covid-19
Adio inks agreements with two Israeli government entities
Collaboration agreements signed with Invest in Israel and the Israel Innovation Authority
UK's Hambro Perks launches $50m fund to invest in Mena's early stage start-ups
The Oryx Fund has received backing from PIF-owned Jada Fund of Funds among others
Covid-19 heaps more woes on Palestine's struggling economy
Modest economic growth of 3.5% is expected this year after a contraction of 11.5% in 2020
RAK Properties reports higher profit as revenue grows
The company expects higher recurring revenues once Mina Al Arab hotels open
Saudi Arabia: Government contracts to stop for firms without regional HQ in kingdom
Decision applies to government-owned agencies, institutions and funds, and takes effect in 2024
UK court freezes assets of BR Shetty and other NMC shareholders and executives
Order was sought by ADCB, the healthcare operator's biggest creditor, which is owed more than $1bn
WTO appoints first female director-general
Nigeria's former finance minister also becomes the first African to lead the organisation
EIB and Jordan's Housing Bank to provide SMEs €100m credit
SMEs make up 95 per cent of Jordan's businesses and provide 60 per cent of its jobs
ADIB reports 'strong recovery' in second-half profits in 2020
Cost savings have created capacity for further investments in digital technology, chief financial officer says
Generation Start-up: Udrive revs up again after pandemic-induced speed bump
The car sharing company raised $1.3m within 48 hours in January from crowdfunding platform Eureeca
NPCC-NMDC merger gains regulatory approvals
Deal creates a much larger engineering and construction specialist in oil and gas
NMC Health's UAE and Oman assets put up for sale
Process is running alongside a plan for a lender-led restructuring
Mashreq posts loss but is 'cautiously optimistic' business will pick up in second half of year
Dubai's oldest Lender says investments in digital platforms will deliver 'substantial' long-term savings
NCB's profit edges up ahead of merger with Samba
Saudi Arabia's biggest lender reported higher operating income, despite an increase in impairments
