Articles
Lebanon’s crisis needs a thorough reform plan to stabilise economy, IMF staff say
Country also needs to address deep-seated challenges and lay the ground for sustainable and strong growth
Yahsat bags $6.53m contract from Abu Dhabi Ship Building for secure satellite services
Abu Dhabi-listed Yahsat will design, deliver and integrate satellite communication systems in vessels produced by ADSB
FinTech Pyypl raises $11m in early-stage funding to expand in GCC and Africa
ADGM-licensed start-up offers digital payment solutions for one billion smartphone users in MEA who are financially underserved
Dubai posts 32% increase in visitor numbers in 2021
The emirate hosted 7.28 million international overnight visitors last year
Sheikh Khalifa issues new family business ownership governance law
Law aims to further enhance the family-owned business legislative ecosystem by adopting a more flexible economic model
Apicorp and IsDB collaborate on $1bn infrastructure financing initiative
The multilateral lenders aim to address low private sector participation in funding energy projects
Dana Gas and Crescent Petroleum post 50% jump in gas production in Iraqi Kurdistan
Production from operations in Iraqi Kurdistan over a three-year period reached a record 452 million cubic feet of gas per day at the end of 2021
Opec appoints Kuwait’s Haitham Al Ghais as new secretary general
Oil veteran will take the reins in August, replacing Mohammad Barkindo
Jordanian dental technology company taps into growing market
Eon Dental is tapping into a growing market for clear aligners in the Mena region
AD Ports signs agreements with Jordan’s Aqaba Development Corporation
Strategic partnerships aimed at boosting tourism and providing logistics and digital solutions for the Hashemite kingdom
Adio holds roadshows in major cities to attract investors to Abu Dhabi
Events were organised by Adio’s London, Paris, Beijing, Seoul, New York and San Francisco offices
UAE ranks 14th globally in retail spending, survey shows
The Emirates leads the Mena region in household spending on e-commerce in 2020
Property unit Al Tamouh’s merger with Al Qudra Holding approved
Al Qudra Holding board also approved a foreign ownership limit of 30% of outstanding shares, subject to regulatory approval
Mubadala acquires 1.9% stake in Sibur, Russia’s largest petrochemicals company
The Abu Dhabi company has invested more than $3bn in businesses in the country since 2010
Mubadala invests in US enterprise software company Medallia
The Abu Dhabi fund made the investment alongside private equity firm Thoma Bravo
