UAE Shoppers Opting For Contactless Payments Over Cash Purchases
Survey from Dubai Police, Dubai Economy and Visa revealed 71% are using digital payments over cash in stores Read more
Saudi Arabian Mining Unit Signs $4.1bn Finance Deal
Maaden Waad Al Shamal Phosphate Co will refinance $2.3 billion owed to a syndicate of commercial banks and financial ins... Read more
Oman Set To Introduce 50% Tax On Sweetened Drinks
Oman will introduce a 50% levy on sweetened drinks from October 1 next. Read more
Finablr's Auditors EY Resign Over List Of 'concerns'
Non-executive directors Abdulrahman Basaddiq and Bassam Hage have also resigned Read more
Rakbank Reduces Credit Card Limit To AED5,000 As Covid-19 Bites
The bank saw a 43% drop in profit in Q1 and said the limit cap is part of its risk monitoring activity Read more
Saudi Central Bank Affirms Commitment To Currency Peg Against Dollar
Saudi Arabian Monetary Authority to maintain exchange rate at 3.75 riyals to the dollar Read more
Yallacompare Raises $4.25m From Kuwait-listed Gulf Insurance Group
Previous investors in yallacompare include STC Ventures, Wamda Capital, DSO and New York-based Argo Ventures Read more
Silver Lake Follows Facebook To Back Ambani's Reliance Jio
The Silver Lake deal is the latest in a series of fund-raising plans by chairman Mukesh Ambani, as the tycoon seeks to b... Read more
UK's Financial Reporting Council To Investigate Ernst & Young's Auditing Of NMC Health
Regular to concentrate on 2018 financial statements of troubled UAE-based healthcare provider Read more
Dubai Healthcare City Authority Reveals Business Relief Package
Package designed to reduce financial impact of Covid-19 pandemic Read more
How Did Lebanon's Economy Reach The Brink Of Collapse And Can It Recover?
Lebanon had racked up a debt equivalent to 170% of its GDP by the end of 2019 Read more
$1m Equity-free Grant Launched To Support Struggling Start-ups Amid Covid-19
Fund by Sharjah-based Sheraa will replace budget for its annual events which have been cancelled in line with safety mea... Read more
US Law Firms To Pursue Legal Action Against Troubled NMC Health
Firms urging investors to contact them in a bid to recoup losses Read more
Oman Tells Banks To Free Loan Repayments For Three-months
The decision will come into effect in May. Read more
Embattled Finablr-owned Travelex Goes Up For Sale
BR Shetty has resigned from the board off Travelex, although he remains in place as chairman and majority stakeholder at... Read more