UAE’s Shuaa Capital posts biggest H1 net profit in a decade

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CEO Jassim Alseddiqi says company has 'surpassed' itself with performance in the first six months of 2021 Shuaa Capital, the UAE-based asset management and...

Middle East-based Joi Gifts raises $2.5m in Series A VC funding

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Online gifts platform Joi Gifts has raised $2.5 million in a Series A venture capital funding round, which will be used to fuel...

Aramco considers opening $110bn gas project to investors

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Saudi Aramco is considering a bold move to open up one of the world’s largest unconventional gas fields to foreign investors, as it...

Why cash continues to be king in remittances sector

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Despite the rush towards convenience through digitalising almost all aspects of our daily lives, there is still value in the traditional way economic...

UAE reports fewest Covid cases in a year as Dubai prepares for Expo

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The United Arab Emirates reported fewer than 400 coronavirus cases for the first time in more than a year, with just two weeks...

UK relaxes travel requirements but UAE remains on red list

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British expats in the UAE looking to make the journey home this summer were given a glimmer of hope on Thursday as the...

Dubai-based Zbooni secures $9.5m funding for expansion drive

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Series A round will be used to bring in talent, expand into new markets and serve the needs of different customer segments Dubai-based business...

Majid Al Futtaim reveals plans to hire 3,000 Emiratis

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Dubai-based shopping malls, communities, retail and leisure pioneer Majid Al Futtaim has revealed plans to hire 3,000 Emiratis. It comes as a direct response...