web analytics
Booking.com
Record-Breaking VC Investment in Fintech in First Half Of 2021

Record-Breaking VC Investment in Fintech in First Half Of 2021

KPMG’s Pulse of Fintech reveals investment hit USD 98 billion. USD 98 billion in fintech investment (M&A, PE and VC) in H1’21, compared with USD...

Union Properties PJSC Profits Rose 483% in Q2 of 2021, Compared...

Total assets reached AED 6 Billion Continuous positive performance for a 2nd Quarter in a row Resolving the qualification of the external auditor Union Properties...
Consumer appetite for digital banking services continues to grow in the countries of the Gulf Cooperation Council (GCC).

GCC Consumers Opt for Digital Banking Services Post Covid-19

77% of respondents in the GCC access digital banking services at least once a week. 44% are willing to switch to a different bank due...
The UAE will soon be home to GoFinance

Consumer Banking Marketplace Driven By Artificial Intelligence Launches in UAE

The soon to be launched disruptive marketplace will be an end-to-end solution catering to consumer banking, valuation and insurance needs in one ecosystem. The UAE...
Emirates Development Bank [EDB] today announced that it has signed an agreement with Beehive, the UAE’s first Peer-to-Peer lending platform.

Local Bank and Peer-to-Peer Platform to Offer Financing for SMEs

Emirates Development Bank , a key financial enabler of the UAE’s economic diversification and industrial transformation agenda, today announced that it has signed an...
France Remains The Most Attractive Country In Europe For Foreign Investors

France Remains The Most Attractive Country in Europe for Foreign Investors

The 2021 EY Attractiveness Survey for France, published by EY, confirms France’s position as European leader for incoming foreign investment in 2020. France held its...
The Ministry of Economy (MoE) held an extensive media briefing on the system for combating money laundering and more.

UAE – A Forerunner in Development of AML Systems; Business Sector...

Ministry organizes media briefing on anti-money laundering & ultimate beneficial owner procedures. The Ministry of Economy (MoE) held an extensive media briefing on the system...
Over 40% of Those Engaged in Bitcoin Community are Millennials

Over 40% of Those Engaged in Bitcoin Community are Millennials

Millennials are driving more interest in bitcoin, with the digital asset increasingly holding the potential to disrupt traditional finance systems. The interest by this age...

The Rise and Fall and Rise and Fall of Bitcoin

Recently we proclaimed 2021 to be 'the year of the cryptocurrency'. It was four weeks ago (ages in crypto terms), and a whole raft...
Amazon Web Services (AWS) announced that it plans to open an infrastructure region in the UAE in the first half of 2022.

AWS To Open Data Centers In UAE

New cloud infrastructure region to launch in first half of 2022, allowing customers to run workloads and store data locally while serving end users...

GCC Investors Need to Look Wider for Growth Opportunities

Modest 2021 recovery forecasts for the GCC have increased the focus on diversification from the hydrocarbon sector, potentially opening up some less traditional growth...

Foreign Direct Investments into UAE Grow by 44.2 Percent in 2020

Foreign direct investment (FDI) into the United Arab Emirates (UAE) grew by 44.2 per cent in 2020 compared to 2019 and reached to a...
Bitcoin Trading

Musk Still Believes in Bitcoin – He Didn’t Sell Any

Elon Musk’s sudden u-turn regarding Bitcoin on Twitter - which sent prices plummeting by 30% - could be more of a PR stunt than...

Global Sell-off Should be a Reality Check for Investors

Concerns about inflation that are rattling global stock markets should be used as a reality check for investors, says the CEO of one of...
Late-stage funding dominated the global Venture Investments

Worldwide Venture Investments Soared by 94% in Q1 2021 to All-Time...

For the first time in history, global venture investments surpassed $100 billion in Q1 2021. According to the research data analyzed and published by Sijoitusrahastot,...

Visa, Airbnb Partner to Get Hosts Paid Faster with Visa Direct

Visa, the world’s leader in digital payments, and Airbnb, a leading online marketplace for lodging and experiences, today announced Airbnb Hosts in select markets...
corporate debts analysis by Aberdeen Standard Investments

Resilience of Corporate Debt in Emerging Markets Expected to Continue

The percentage of Emerging Market firms defaulting on corporate debts due to the impact of the pandemic is expected to be lower than in...

Market Cap of Top Five Online Travel Companies Jumped by $54B...

The Covid-19 pandemic has hit the travel industry hard, including online travel agencies, whose revenues and reservations dipped to the lowest point in years...