Articles
UAE digital bank Zand wins backing from Aditya Birla Group and Franklin Templeton
The bank is awaiting final regulatory approval from the UAE Central Bank and is preparing for an 'imminent launch'
Mubadala Capital closes first investment fund in Brazil
The fund raised a total of $322 million from a number of global investors
Trukker raises $96m in latest funding round to expand globally
The digital freight start-up's equity financing was led by Abu Dhabi's ADQ and Saudi Arabia's STV
Al Rajhi Bank posts 39% rise in 2021 profit as operating income grows
Total operating income up 24% as the kingdom's economy continues to recover
Iran deal will not disrupt bullish oil market outlook, MUFG says
Oil prices have breached the $90 per barrel threshold in January for the first time since 2014
Julphar swings to profit in 2021 on higher revenue
The Abu Dhabi-listed company reported a net profit of $18m last year driven by a sharp rise in revenue
Alpha Dhabi Holding's 2021 net profit surges following an 'exceptional year'
Investment company's net profit grew to Dh5.16 billion last year
Dubai Islamic Bank issues $750m sukuk
The order book for the Islamic bond was more than 2.5 times oversubscribed
Europe's LNG imports 'sufficient' to compensate for stoppage of Russian gas from Ukraine
A complete shutdown of the Russian gas pipeline flow into Europe may create a supply crunch that LNG supply alone might not solve, report finds
Oman opens Duqm Port as part of diversification push
The sultanate aims to transform the port into a major logistics centre and attract international investment
Abu Dhabi Ports Group to list on ADX next week
Bourse confirms listing of the port operator on its main market
Corporate tax in UAE much lower than in other global trading centres
The average statutory corporate tax rate stands at 23.54 per cent worldwide, according to the US-based Tax Foundation
Google-backed EdTech platform Cuemath expands to Saudi Arabia
The personalised maths learning platform recently launched in the UAE and Qatar
