GFH Financial Group acquires 60% stake in UAE-based MSH
GFH spent more than $100 mn to buy the stakes of the...
Middle East
As Australia eases restrictions, Emirates ramp up its flights to the region
The airline mentioned that its operations to Sydney and Melbourne will be...
Expo 2020 Dubai a driver for UAE economy
The mega event will lead to foreign investment opportunities, economic diversification and...
Dubai’s property market undervalued, UBS report says
Increased oil prices and the economic rebound has supported the country’s recovery...
Ericsson ties up with Mobily to provide financial services in Saudi Arabia
The Swedish company aims to increase Saudi Arabia’s cashless payments to 70%...
UAE-based renewable energy firm Masdar to develop 5 solar projects in Iraq
The first phase of the project will include the generation of 1,000...
Oman’s GDP increases by 10.1% to reach OMR15.3 bn market price during Q2 2021
The petroleum sector also registered an increase of 8.7%...
Dubai’s non-oil foreign trade increases by 31% during H1 2021
Dubai’s biggest trading partner was China followed by India and the US...
Gulf region to invest over $70 bn in digital infrastructure by 2024
Spending in Saudi Arabia was expected to exceed $37 bn in 2020...
Huawei to invest $15 mn in the Middle East cloud computing program
The project is titled Cloud Oasis Program and will assist 3000 experts...