Dubai residential capital value increase by 31% in October
Villas in Arabian Ranches, Jumeirah Islands, The Lakes and The Meadows record highest gains
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Arabian Pipes signs SAR 66 mn deal with Aramco to provide steel pipes
The contract has a duration of 14 months
Mastercard partners with New Orleans to bring financial inclusion
The program offers financial inclusion, access to emergency disbursements, incentives to drive economic growth, empower underbanked residents
Embraer and Widerøe collaborate to provide sustainable flying to Scandinavia
The partnership will bring Embraer’s eVTOL vehicles to Norway within the next few years
High oil demand might dampen recovery: OPEC
The regulatory body expects oil demand to average 99.49 million barrels per day in Q4 2021
Singapore’s TSLC raises $25 mn to expand its digital lending operations
The fintech startup also aims to launch its mobile-first credit-led platform in the Middle East
Lori Systems has partnered with Moove to propel vehicle financing in Africa
Truck financing in Africa is less than 1%
Mashreq Bank and US regulator reaches a $100 mn settlement
US regulator DFS determined that Mashreq's OFAC compliance program is enough
UK BNPL firm Zilch eyes US expansion after $110 mn funding
The funding round was led by Ventura Capital and Gauss Venture and it comes eight months after a Series B at a $500 million valuation
Dubai Financial Market appoints new CEO
Hamed Ahmed Ali’s appointment comes as a part of new efforts to inspire new leaders