NEOM aims to be the world’s most competitive free zone
The project will use around 30 gigawatts of installed capacity by the end of the decade
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Saudia signs agreement with GE Digital for digital transformation
The contract extends the partnership between Saudi Arabian Airlines and GE to create better operational efficiencies and cost optimisation
Global Sukuk issuance reaches $100 bn during H1 2021
Sukuk market saw a strong start to the year and crossed the $50 bn mark for the first time during Q2
Lending startup Akiba Digital raises $1.1 mn to expand its market presence
The funding round was led by Expert Dojo and Oui Capital
OPEC+ to boost oil output by 400,000 barrels a day each month till Dec 21
The deal will also boost the oil output of regions like UAE, Iraq, and Kuwait from May 2022
Value of Dubai residential properties jumps in Q2 2021
The second quarter of 2021 saw the Valustrat Price Index grow by 3.8%
Thai Airways now operating in 13 different cities across the globe
The airline will be flying to the Philippines, Hong Kong, Japan, South Korea to name a few
Economic growth in East Asia and Pacific to be slower this year: World Bank
As the Covid-19 cases rise in different parts of the world, World Bank urged economies to relax excess vaccine
UAE Central Bank to launch its digital currency in five years
The launch is a part of UAE’s monetary 2023-2026 strategy plan to strengthen the economy
Cellulant introduces digital payments platform Tingg in Zambia
Tingg offers simplified payment tools and processes for a merchant to manage their payments for goods and services