#MENA
In line with the listing plans, EFG Holding will distribute shares in Valu, equivalent to a 20.488 per cent stake in the company, to its shareholders based on the book value of the shares
The MENA region must recognise this potential and work diligently to create a more inclusive funding environment
The initiative, Llama Design Drive, aims to address the region’s specific needs by launching a series of intensive programmes
Currently available in Egypt and Kuwait, and soon to be launched in the UAE, EFG Hermes ONE grants users access to 35 global markets through OLT
The co-CEO says Abu Dhabi’s strategic location, aviation infrastructure and robust regulatory framework presents unparalleled expansion opportunities
Cryptocurrency is more than just a new asset class, it represents a fundamental change in how assets are managed and verified
MENA countries have made significant progress in empowering women economically, politically, and socially, and considers women to be key partners in sustainable growth
Amazon Payment Services’ latest report is based on the quantitative data and insights from more than 100 executives responsible for payments in businesses across Saudi Arabia, the UAE and Egypt
The shift to digital payments is more pronounced in Saudi Arabia, the UAE and Kuwait – where the preference for cash has dropped significantly
Despite global dealmaking challenges in 2023 the Middle East will continue to be a global bright spot for transactions in the year ahead
The kingdom’s venture capital market was boosted by the government’s focus on innovation, a dedicated unicorn project, and investments from sovereign funds
The mass of adoption of AI has opened up opportunities and challenges for enterprises as they are faced with new cybersecurity challenges
The fundraising in Q3 2033 contributed to $1.4bn raised through 286 transactions in the first nine months of the year
The new chart – the first of its kind in the UAE – now provides music fans, artists and industry alike the definitive weekly ranking of the top streaming tracks in the country
The influx of new hospitality and tourism-related projects in the region is fostering new trends that add value and efficiency
The central role that banks play in capital allocation is why regulators want them to help usher in a new era of green finance
SRJ Sports Investments will invest in businesses specialised in offering unique fan engagement activities and transformative sports technology
The steel manufacturing base has a designed annual capacity of 2.5 million tonnes of direct reduced iron and 1.5 million tonnes of steel plate
The drive for economic diversification and state-backed initiatives together with financial support for startups is fuelling Middle East’s venture capital industry
The latest insights revealed that the number of sustainable trips in the UAE doubled with over 9 per cent of trips requested in Q1 2023 being emission-free
The university admission and application process can be very challenging and time-consuming and is quite fragmented
The facility will help finance the growing demand for bringing the buy now, pay later products in the GCC while continuing its growth across new verticals
Domestic deals represented 34 per cent of the total M&A value at $28.4bn while outbound deals led in value at $40.1bn
The issuance of green and sustainable finance in the Middle East increased by 532 per cent to $24.6bn in 2021 from $3.8bn a year earlier.
The online event, which began on January 9, will go on until to March 2
The first farm, to be built in Saudi Arabia, will have an annual production capacity of up to 1.1 million kgs of crops
The UAE has accelerated its growth this year with key strategies, strong initiatives and a future-first approach
Remittances to the developing countries of the MENA region are estimated to have grown 2.5 per cent in 2022 to $63bn, compared to a 10.5 per cent growth last year
According to Admitad, shoppers in the MENA region increased their orders by 135% and their spending by 94% during the sale week compared to the ‘usual’ period
Kanousei Technology’s goal is to get 1,000 companies into the metaverse through Odyssey