UAE’s major lenders announce $4 bn profit during H1: Moody’s
Moody’s reported that four major bank’s combined net profit increased from last year, but returns on assets remain below pre-pandemic levels
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Bank of England appoints former Goldman Sachs expert as chief economist
Huw Pill will become the chief economist of the Bank of England after working at Goldman Sachs till 2018
Sharjah Sustainable City becomes the first community to show smart energy storage solutions
SEE institute signed an MoU with German company Hager to test and deploy the latest technology
Brazil gets fiber training centre under Huawei Senai partnership
The project is expected to solve the labour crisis
Saudi Arabia to launch digital real estate platform in Q4 2021
The government plans on digitising $100 mn worth of real estate assets
Ethiopian Airlines and Boeing to make Ethiopia the African ‘aviation hub’
Both parties have signed an MoU to make Ethiopia the aviation hub that will attract jobs
UAE to lower diesel and petrol prices from September 1
After six months of increased rates, motorists will pay less for both petrol and diesel at the fuel pumps
AIA Singapore appoints new chief distribution officer
Chin Chung Wen’s role will be officially effective from October 1st and will report to Wong Sze Keed
Ethiopia telecom partners with ZTE for 4G services
Ambo is one of the latest cities to receive 4G services
Abu Dhabi Insurtech startup Hala secures $5 mn from Mubadala to support its expansion plan
Hala will use the money to unveil new products and expand further in Middle East