Cristiano Ronaldo has made headlines with his investment in Bioniq, a healthtech company specializing in personalized health solutions. The Portuguese football star’s involvement has not only increased the visibility of the firm but also contributed signi...

Saudi Arabia is on track for a significant economic acceleration in 2025, driven by a strategic increase in oil production alongside broader diversification efforts. The Kingdom’s Vision 2030 initiative, aimed at reducing dependence on oil and promoting s...

Britain’s wealthy are increasingly eyeing the UAE as a prime destination for relocation, with over 800 high-net-worth individuals (HNWIs) expected to make the move in 2024. The UAE, renowned for its strategic location, luxurious lifestyle, and favorable t...

A report highlighting the latest trends in investment banking fees across the MENA region reveals HSBC’s dominant position in the market, outpacing competitors and securing a significant share of the financial landscape. The bank’s robust performance is a...

Dubizzle Group, the leading online classifieds platform in the Middle East, is preparing for a landmark initial public offering (IPO) expected in 2025. The company’s efforts to restructure and position itself for this significant milestone reflect its com...

Ras Al Khaimah, the northernmost emirate in the UAE, is making a concerted effort to increase its population, particularly by attracting more residents and workers from both local and international markets. With its booming economy and strategic developme...

Concerns over increasing precious metal exports from the United Arab Emirates to India have sparked discussions between officials from both nations. As the UAE has emerged as a crucial hub for gold trading, India’s government is seeking measures to regula...

Bolt, a European ride-hailing platform, has made its entry into the UAE with a strategic partnership with Dubai Taxi Corporation (DTC). The move, which has already attracted attention, aims to provide ride-hailing services across Dubai, leveraging the ext...

Kelix Bio, a Mubadala-backed pharmaceutical company, is moving to acquire four major assets from Yas Holding’s GlobalOne Healthcare Holding (GHH) in a strategic deal that could reshape the regional healthcare landscape. The acquisition, targeting prominen...

Dubai, a thriving metropolis renowned for its opulence and multicultural environment, is experiencing a surge in its expatriate population that is exerting pressure on the city’s infrastructure. The latest figures indicate that approximately 88% of Dubai’...

Crown Prince Mohammed bin Salman will not participate in the upcoming BRICS summit scheduled for October 17-19 in Moscow. This decision marks a significant diplomatic moment, as Saudi Arabia engages in a complex geopolitical landscape that includes balanc...

Abu Dhabi National Oil Company (ADNOC) is set to close its acquisition of a controlling stake in Fertiglobe, the joint venture it holds with Netherlands-based OCI N.V. Fertiglobe, a major player in the global nitrogen fertilizer market, produces ammonia a...

Dubai Islamic Bank (DIB), the largest Islamic lender in the UAE, successfully issued a $500 million Additional Tier 1 sukuk, marking a significant moment in the global Islamic finance sector. The offering, which attracted substantial interest from regiona...

Bond sales across the Middle East are expected to achieve unprecedented levels in 2024, driven by favorable market conditions, a surge in infrastructure spending, and robust economic recovery initiatives. This trend reflects a growing confidence among inv...

Surging interest in initial public offerings (IPOs) has led many families in India to allocate their savings towards these investments, igniting fears of a potential market bubble. With a plethora of IPOs hitting the market, a growing number of retail inv...