The two firms will develop AI solutions aimed at boosting weather forecasting accuracy globally and will set up an operational base and climate tech lab in Abu Dhabi
The platform addresses common challenges in the M&A process, such as high costs and fragmented service models, streamlined, and cost-effective alternative
The new facilities will give the group the flexibility to time its return to the debt capital markets in line with its stated strategy to utilise bonds as the predominant long-term funding vehicle
The investment follows the US Federal Reserve’s first interest rate cut in four years, which is expected to boost companies with balance sheet concerns
Catering primarily to the UAE’s large expatriate population, the SNPL feature offers financial flexibility, allowing users to send money abroad and pay in installments
The Central Bank of the UAE (CBUAE) said it has reduced the base rate applicable to the overnight deposit facility (ODF) by 50 basis points, from 5.40 to 4.90 percent
From Egypt’s serene beaches to Switzerland’s snow-capped peaks, Orascom’s success lies in its ability to create spaces where people can truly live well
The service is designed to connect passengers with a range of vehicles through the Yango mobile app, which offers real-time geolocation to facilitate faster ride bookings