ARTICLES

1 year ago

Al Ansari Exchange Becomes U.A.E.’s Largest Remittance Firm Post Merger

U.A.E.-based Al Ansari Exchange announced that it merged with its unit Al Ansari Exchange services on January 15, 2018, to form the largest exchange and remittance house in the U.A.E. The merger...
1 year ago

Top Trends That Will Shape Travel In 2018

Globally, travel and tourism contributed about $227.1 billion in 2016, according to World Travel and Tourism Council. Travel continues to boom despite a number of global economic developments. The...
1 year ago

Is Your Productivity At Work Dragged Down Due to An Inefficient Meeting Culture?

Meetings are inevitable in a corporate, but studies have indicated that over the course of time, productivity has reduced due to the inefficiency of meeting room engagement. According to a recent...
1 year ago

Saudi Arabia’s Move To Up Foreign Investment Limit Gets Regulatory Nod

Saudi Arabia’s market watchdog Capital Market Authority (CMA) has approved a resolution that will allow foreign investors to own up to 49% of shares or debt in listed companies. The CMA has also...
1 year ago

Kuwait's KNPC Inks $51.25 Million Deal For 10 New Gas Stations

Kuwait National Petroleum Company (KNPC) signed a contract with Combined Group Contracting Company (CGC) to build 10 new gas stations across the country. The deal, worth $51.25 million, was signed...
1 year ago

Marseilia Group And Amlak Finance Ink Deal For Cairo Project

Egypt-based Marseilia Group signed a memorandum of understanding(MoU) with the U.A.E. based Amalak Finance for the development of a comprehensive urban project on a land plot owned by Amlak Finance...
1 year ago

NMC Healthcare Shares Surge As Firm Closes Deals Worth $250 Million

The U.A.E.-based hospital operator NMC Healthcare’s shares have surged 8.11% after the firm announced that it increased its stake in Fakih IVF and As Salama Hospital on January 4, 2018. The London...
1 year ago

Saudi Petrol Prices Are Still Among The World’s Cheapest Despite the Price Hike

Saudi Arabia raised its petrol prices on January 1, 2018, kickstarting its plan to gradually wean the economy off energy subsidies and to curb the rising domestic energy consumption. The Ministry of...