The Central Bank announced that the Money Supply aggregate M1 increased by 1.1%, from AED 653.9 billion at the end of July 2021 to AED 661.1 billion at the end of August 2021. The Money Supply aggregate M2 increased by 0.7%, from AED 1,477.9 billion at the end of July 2021 to AED 1,487.8 billion at the end of […]
The Ministry of Finance (MoF) today announced its participation in the 41st edition of GITEX Technology Week 2021, which will be held from 17 to 21 October at Dubai World Trade Center. As part of the federal government stand, the ministry’s participation aims to familiarise the public with the latest electronic and smart solutions and the […]
Apical Group, a leading agri-business processor of palm oil and member of the RGE group of companies, has secured a US$750 million sustainability-linked loan from a syndicate of lenders. First Abu Dhabi Bank is the Mandate Lead Arranger Bank and Facility Agent for the loan. This is a first for Apical, and one of a few within […]
Ekta, the first blockchain committed to bridging blockchain with the physical world, has announced the addition of Future Tech and Accubits into their technical team to develop future offerings within their blockchain ecosystem. After launching Ekta Token ($EKTA) and their own mainnet in late August, Ekta’s near term roadmap for product development includes the Petals NFT Marketplace, ShellDEX, and […]
A majority of young Jordanians (71%) say their voice matters to their leadership, an increase of 12 percentage points over 2020. There is also an increase in the optimism of youth in the country that their ‘best days are ahead of them’ – an eight percentage point increase from 28% to 36% this year. These […]
YouGov Finance Purchase Funnel Rankings 2021 highlight the top-ten brands successful at converting consumers through the purchase funnel over the past year across key categories in the Finance sector. The brands in YouGov Finance Purchase Funnel Rankings are ranked based on their Consideration score among consumers who are aware of each brand. Brands were measured […]
Egypt’s automotive aftermarket is accelerating and has been dubbed “one of Africa’s most exciting markets” as its motoring population and vehicle sales grow, its economy expands, FDI floods in, and the government moves to combat automotive emissions. It’s a powerful combination which Germany’s Africa business experts africon GmbH, the knowledge partners of Automechanika Dubai, the […]
Volante Technologies, the global leader in cloud payments and financial messaging, today announced a partnership with MDSL, a specialist in the integration of turnkey banking solutions in the Middle East, to enhance and automate banking payments in Egypt. The partnership has already seen its first success, having signed a contract with a major Egyptian bank. […]
Elopak ASA (“Elopak”, ticker “ELO”) has signed a Share Purchase Agreement to acquire 100% of Naturepak Beverage from Gulf Industrial Group Company Plc and Evergreen Packaging International LLC (Evergreen Packaging), a wholly owned subsidiary of Pactiv Evergreen Inc. Naturepak Beverage is the leading provider of fresh liquid carton and packaging systems in the MENA region […]
His Excellency Mohamed Musabbeh Al Nuaimi, Chairman, Ras Al Khaimah Chamber of Commerce and Industry met with His Excellency S. Viyalanderan, State Minister of Backward Rural Areas Development and Promotion of Domestic Animal Husbandry & Minor Economic Crop Cultivation in the Democratic Republic of Sri Lanka, accompanied by Don Siman Patapande Amal Harsha de Silva, […]
