The Arab Monetary Fund (AMF) is keen to support the efforts of its member countries to implement economic, financial and structural reforms, in face of various challenges, through a number of means, including financing the needs of the balance of payments and public budgets, and financing trade through its affiliate the Arab Trade Financing Program, in addition […]
Swvl Inc. (“Swvl” or the “Company”), a Dubai-based provider of transformative mass transit and shared mobility solutions, today announced that upon the completion of its proposed business combination with Queen’s Gambit Growth Capital (“Queen’s Gambit”) (NASDAQ: GMBT), the combined public company will appoint three highly experienced women and technology leaders to its Board of Directors […]
Blue Whale Acquisition Corp I (the “Company”) announced today the pricing on August 3, 2021 of its initial public offering of 20,000,000 units at $10.00 per unit. The units will be listed on the Nasdaq Capital Market (“Nasdaq”) in the United States and trade under the ticker symbol “BWCAU” beginning on August 4, 2021. The […]
Mercedes-Benz Egypt announces Gerd Bitterlich as the new President & CEO of the company succeeding Thomas Zorn effective July 1, 2021. Gerd is a German citizen and has more than 30 years of international experience in the automotive industry across various areas such as business development, finance, retail operations, dealer development and sales and marketing. […]
The business of sports in Dubai is set to receive a major boost following the signing of a Memorandum of Understanding between Dubai Sports Council and Dubai Economy. The MoU, which was signed by His Excellency Sami Al Qamzi, Director General of Dubai Department of Economic Development, and His Excellency Saeed Hareb, Secretary General of […]
The National Geographic has listed Dubai’s ‘Museum of the Future’ as one of the 14 most beautiful museums in the world for its astounding architecture and sophisticated technological innovations. The Museum of the Future, an architectural marvel that sits at the bustling heart of Dubai, is set to become a new global landmark once complete. […]
As the post-pandemic era approaches and workplace environments undergo rapid change, HR leaders now have a clear set of objectives on which to concentrate their efforts, according to a new report by Boston Consulting Group (BCG) and the World Federation of People Management Associations (WFPMA). The report, titled Creating People Advantage 2021: The Future of People Management Priorities, identifies […]
Gartner, Inc. identified the top 5 business trends that will impact the global manufacturing sector in 2021. These trends will drive business disruption and widen opportunities for manufacturers. “The first response to the global pandemic for many manufacturers was to go digital in their operations as fast as possible,” said Michelle Duerst, research vice president at Gartner. “While going […]
The United Arab Emirates (UAE) financial wealth grew by a Compound Annual Growth Rate (CAGR) of 3% from 2015 to reach a high of $600 billion in 2020 – 69% of which is investable wealth – as the UAE showed resilience in the face of the protracted COVID-19 pandemic, according to a new report by Boston […]
Almost half of investors believe inflation will accelerate over the next 12 months and plan to adjust their portfolios accordingly by buying more stocks and real assets, according to UBS’s quarterly Investor Sentiment survey of individual investors and business owners globally. Specifically, the survey found that 35% of investors plan to add stocks, 33% plan […]
