2,000 villas, beach palaces on Dubai’s The World Islands ready for handover

November 30, 2020     /

2,000 villas, beach palaces on Dubai’s The World Islands ready for handover ‘Heart of Europe’ developer promises to hand over…

200 law firms in UAE sanctioned for anti-money laundering failures

November 30, 2020     /

200 law firms in UAE sanctioned for anti-money laundering failures Government higher committee hears that seven firms were fined $27,300…

Gulf Insurance signs deal to buy French insurer AXA’s Gulf operations for $269mln

November 30, 2020     /

Gulf Insurance signs deal to buy French insurer AXA’s Gulf operations for $269mln AXA will sell its insurance operations in…

F&B merger: UAE’s Agthia Group shareholders approve acquisition of Al Foah

November 30, 2020     /

F&B merger: UAE’s Agthia Group shareholders approve acquisition of Al Foah Proposal gets approval from shareholders of Abu Dhabi-listed firm…

Saudi central bank extends COVID-19 loan support into 2021

November 30, 2020     /

Saudi central bank extends COVID-19 loan support into 2021 Last week Central Bank governor, Ahmed al-Kholifey said there was no…

Consumers in UAE, Saudi Arabia slash spending as COVID-19 hits finances

November 30, 2020     /

Consumers in UAE, Saudi Arabia slash spending as COVID-19 hits finances Shoppers now put value for money first, forgo buying…

Monday Outlook: Stocks take a breather after stellar month; oil slips

November 30, 2020     /

Monday Outlook: Stocks take a breather after stellar month; oil slips Dollar and gold out of favour, investors embrace risk…

Robust performance: Bahrain awards $2.7bln contracts in 2020 despite COVID-19

November 29, 2020     /

Robust performance: Bahrain awards $2.7bln contracts in 2020 despite COVID-19 The kingdom awarded 1,022 tenders in the first nine months…

Dubai: Record transactions for ready houses signal strong real-estate recovery

November 29, 2020     /

Dubai: Record transactions for ready houses signal strong real-estate recovery In October 2020, the DLD recorded a total of 3,395…

Saudi’s SPIMACO to distribute German COVID-19 vaccine in kingdom

November 29, 2020     /

Saudi’s SPIMACO to distribute German COVID-19 vaccine in kingdom An MoU has been signed with CureVac, with the possibility of…