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Middle East startup ecosystem raises record $704 million in 2019, FinTech on top

The year 2019 saw a record 564 startup investments across Middle East and North Africa (MENA) region, amounting to $704M in total funding, excluding...

Middle East Stocks Get a Mauling as As Geopolitical Risks Flare

(Bloomberg) --The U.S. killing of Iran’s most senior military commander reverberated through Middle Eastern markets, sending stocks into retreat and setting the tone for...

US Talks To Abu Dhabi Crown Prince, Iraqi Leader Salih

(Bloomberg) --U.S. Secretary of State Mike Pompeo spoke with Abu Dhabi’s crown prince, Mohammed bin Zayed, and Iraqi President Barham Salih to discuss developments...

UAE Nuclear Plant to Be Operational in 1Q 2020, Ittihad Says

(Bloomberg) --The Arab world’s first commercial nuclear plant should start operating in the first quarter of 2020, Abu Dhabi government-owned newspaper Al-Ittihad reported, citing...

Interview: Dr. Bernd van Linder, CEO, Commercial Bank of Dubai

Commercial Bank of Dubai (CBD) is one of the top seven banks of the United Arab Emirates, with more than $20 billion in assets and...

Muslim Nations Mull Barter System as Hedge on Sanctions: Report

(Bloomberg) --Malaysia’s prime minister floated the idea of a barter system for Islamic countries to protect their economies against potential future sanctions, Reuters reported. Speaking...

UAE Annual Investment Meeting 2020 from March 24 to 26 in Dubai

The 10th edition Annual Investment Meeting of United Arab Emirates is set to be held from 24-26 March 2020 in Dubai, announced the country's...
Sheikh Tamim bin Hamad Al Thani

Qatar Sends Premier to Riyadh Summit in Sign of Diplomatic Thaw

(Bloomberg) --Qatar sent its prime minister to an annual gathering of Gulf Arab monarchs in the Saudi capital Tuesday, signaling progress in ending the...

World Bank asks GCC economies to focus on environmental sustainability as growth slumps

The economic growth in the Gulf Cooperation Council (GCC) is estimated to drop to 0.8 per cent in 2019 as compared to 2 per...
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Second Biggest Arab Economy Falters as Firms See Orders Drop

(Bloomberg) -- The United Arab Emirates’ economy is ending a difficult year on a low as business activity slumps to a level not seen in...

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