Tag: UAE

Home-grown fintech closer to gaining UAE licence

Sav, a UAE-born fintech, received an in-principle approval for a Category 4 licence from the Dubai Financial Services Authority (DFSA). This key milestone will...

Wall Street jumps as jobs data eases slowdown fears

Wall Street's main indexes rose nearly 2% on Thursday, bolstered by a better-than-expected jobs report that eased worries of an imminent slowdown in the...

Aramco to Become Majority Shareholder in Petro Rabigh

Aramco issued a press release today informing that it had signed a definitive agreement to acquire from Sumitomo Chemical an additional stake of approximately...

Odoo Middle East announces strategic partnership with Hotdesk Technologies Middle East

Odoo, an open-source ERP system, has signed a Memorandum of Understanding with the coworking marketplace Hotdesk to enhance growth for small and medium businesses...

Crypto prices appear to be bottoming out

As Bitcoin recovered some of its losses on Tuesday, experts believe that the market is close to bottoming out and will see significant gains...

GCC markets accounted for 53.9% of Dubai Chamber of Commerce members’

- GCC markets accounted for 53.9% of Dubai Chamber of Commerce members' exports and re-exports during H1 2024 and top list of export destinations...

Revival of GCC-UK FTA talks set to boost two-way trade, investment

The move by the new British government to reboot negotiations with the GCC countries to secure a free trade agreement (FTA) is expected to...

UAE Central Bank follows US Fed move, holds rates at 5.4%

The Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) at 5.40%. This decision...

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Saudi stocks plunge, other GCC markets set to open in negative territory

Analysts believe that investors will be gravitated towards defensive...

Saudi Exchange shows resilience on Aramco shares, defying regional trend

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Info Edge commits Rs 250 crore to new B8 Fund I to back growth-stage tech startups in India

Info Edge has approved a commitment of up to...