Search Results for: Middle East
DGCX and Ayedh Dejem Group to launch the Middle East’s first-ever Sharia compliant Spot Gold contract
August 21st, 2017
The Dubai Gold & Commodities Exchange (DGCX) and Ayedh Dejem Group, a conglomerate from the Kingdom of Saudi Arabia, have agreed to develop and launch the Middle East’s first-ever Sharia compliant Spot Gold contract to be traded on an ...
DFSA host seminar on FinTech in the Middle East
May 10th, 2017
The Dubai Financial Services Authority (DFSA) hosted an outreach session on the opportunities financial technology (FinTech) presents in the Middle East. The seminar was held jointly with the FinTech Hive at DIFC, Hawkamah Institute for Corporate Governance and the ...
UAE, the new key role player in the Middle East
April 20th, 2017
The United Arab Emirates (UAE) is likely to play a bigger role in the conflict-ridden Middle East due to its economic, military, and political influence. For most of the past four decades, the UAE has maintained a low-key role ...
Fintech in the Middle East and North Africa is booming
April 20th, 2017
Fintech startups in the Middle East and North Africa have raised $100-million over the last decade, yet 28% fail in their initial years, says a new report by business support organisation Wamda and online payment gateway Payfort. Released last ...
What set to be the driving force for the Middle East economy
April 13th, 2017
The aviation and tourism industry in the Middle East is set to be a driving force for the region’s economy, according to the 6th Arab Aviation Summit’s white paper report released today. The region is expected to deliver a ...
Amazon to acquire Middle East ecommerce leader Souq.com
March 28th, 2017
The global e-retailing giant Amazon has acquired Souq.com, the regional ecommerce leader, in one of the most anticipated corporate deals in the region so far this year. The value of the deal has not been formally announced. The acquisition ...
Middle East and North Africa region visitors rate to grow higher than the world average
March 27th, 2017
Visitors to the MENA region will total 195 million by 2030, growing at a rate higher than the world average, according to figures by the World Tourism Organisation (UNWTO). The rapid development of the sector will form part of ...
How the stock market in Middle East perform; The Saudi, Dubai, Qatar, Kuwait, Abu Dhabi markets
March 23rd, 2017
Saudi Arabia’s stock market outperformed the region in early trade on Thursday, recovering some of the previous session’s losses, while in Dubai builder Drake & Scull climbed after it agreed to sell a major asset. The Saudi stock index ...
Rising demand for chartered accountants in Middle East
March 9th, 2017
As business models become more complex and sophisticated, every enterprise needs qualified professionals to help them invest, develop and grow prudently. Since 1961, The Institute of Chartered Accountants of Pakistan (ICAP) has been playing a pivotal role in meeting ...
Salaries in the Middle East to see slight increase in 2017
February 9th, 2017
The strongest salary growth of 3 per cent is expected in the procurement and supply chain sector Salaries in the Middle East are anticipated to increase by an average of 2 per cent this year, according to a new ...
