Telecom subscribers in the UAE increase to 23.67 mn
Around 3.046 mn people subscribed to internet services until December, while fixed-line...
Middle East
Kuwait reveals stimulus package to deal with coronavirus pandemic
Central Bank of Kuwait asked lenders to postpone loan repayments for three...
Jazeera Airways to suspend 2019 dividend distribution for shareholders
Jazeera Airways to suspend 2019 dividend distribution for shareholders...
Zain launches fibre broadband services in Bahrain
The new service is being launched in partnership with Bahrain’s National Broadband...
Oman announces $20 bn extra liquidity amid Covid-19 outbreak
Oman’s central bank asked local banks to cut banking fees, adjust capital...
Dubai Islamic Bank agrees to increase foreign ownership limit to 40%
Currently the foreign ownership limit in the bank is 25%...
Mubadala increases its ownership in Thailand’s Manora oil field to 70%
Mubadala acquired a 10% interest in the offshore block from Northern Gulf...
Abu Dhabi records real estate deals worth Dh58 bn in 2019
Deals includes sales and mortgages of lands, buildings and real estate units...
Mazoon Electricity rolls out prepaid meter service in Oman
Now customers in Oman can buy recharge tokens from multiple payment channels...
ADIB launches digital forex platform for better foreign exchange rates
The digital forex platform is an extension of ADIB Direct, an integrated...