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Investcorp to acquire India's NSEIT

Investcorp a leading global alternative investment firm on Monday announced that it has entered into an agreement to acquire NSEIT the digital technology business of India s National Stock Exchange (NSE)....

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ECI highlights growth, sustainability in global trade finance

Etihad Credit Insurance (ECI) is constantly adapting to the evolving global landscape tailoring its product portfolio and focusing on emerging sectors like renewable energy and sustainability. This is...

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EDB forum highlights role of strategic partnerships

The Sharjah edition of EDB Connect forum delved on how strategic partnerships can power sustainable growth in Sharjah and the UAE. Organised In partnership with MoIAT s Make it in the Emirates initiative...

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Resilient growth anticipated for Islamic finance: S&P

The global Islamic finance industry will continue see high-single-digit growth in 2024-2025 with sukuk issuances to hover between 160 billion and 170 billion in 2024 furthering the industry s asset growth....

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AUS, Nokia team up to advance engineering education

American University of Sharjah (AUS) has announced that Nokia has joined the College of Engineering (CEN) Al Nukhba programme following the recent signing of a Memorandum of Agreement. The AUS Engineering...

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KAUST, NEOM launch world's largest coral restoration project

King Abdullah University of Science and Technology (KAUST) has collaborated with NEOM the developer of Saudi futuristic city to start working on the first nursery of the KAUST Coral Restoration Initiative...

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DIFC records 23% growth in insurance underwriting volumes

Dubai International Financial Centre (DIFC) the leading global financial hub in the Middle East Africa and South Asia (MEASA) region has consolidated its position as the principal hub for the (re)insurance...

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Yahsat, Bayanat merger to create $4bn opportunity

Yahsat Group and Bayanat merger to create Space42 will serve as a transitional shift in the space technology and artificial intelligence (AI) sector in the UAE and the entire region said Ali Al Hashemi...

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Constructor Capital opens Abu Dhabi office

The Constructor Capital a science-based VC fund investing in startups in software and deep technology founded by entrepreneur Serg Bell has set up operations in the Abu Dhabi. The fund is part of Constructor...

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Saudi non-oil economic growth to stay steady this year

Saudi Arabia s non-oil economic growth is expected to stay broadly steady in 2024 at 3.7% and then potentially accelerate in 2025 helped by lower interest rates says a NBK research. Despite higher interest...

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Investopia 2024, EMIR launch the Next50 initiative

Investopia has launched the Next50 initiative in collaboration with Emerging Markets Intelligence & Research (EMIR) to unlock fresh investment opportunities for high-potential and rapidly expanding companies...

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AI is revolutionising global education: WEF report

A new World Economic Forum report explores how artificial intelligence could revolutionise education systems and improve the experiences of educators and students alike. The new research outlines AI s...

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Nakilat 2024 Q1 net rises 6.1pc to $115.4m

Nakilat Qatar s premier LNG shipping company has seen its first-quarter (Q1) 2024 net profit rise 6.1% to QR420 million ( 115.4 million) compared to QR396 million during the corresponding period in 2023....

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Riyadh to host World Investment Conference in November

Saudi Arabia will host a major global investment conference in November bringing together a range of speakers to discuss global investment trends and opportunities. The 28th World Association of Investment...

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Arab Bank Group Q1 profit surges 17pc to $253m

Arab Bank Group has reported solid results for the first quarter with a 17% jump in its net income after tax reaching 252.8 million from 216.3 million last year. Announcing the results for the three-month...

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Capital.com takes top spot in Deloitte Technology Fast 50

Capital.com the renowned Cyprus-based FinTech company has clinched the top spot for the third consecutive year in the third edition of Deloitte Technology Fast 50 with an impressive 4 411% growth. Following...

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