Business & Economy
NEOM to invest in MemryX’s energy-efficient semiconductors business
NEOM Investment Fund (NIF), NEOM’s investment arm, said it has added the Ann Arbor, Michigan-based MemryX to its…
Category: Business & Economy
Explore digital business news, economic trends, and startup updates from Dubai, UAE, and the Middle East on The Nation Middle East.
Technology & AI
Al Salam Bank offers three dedicated ‘Eid ATMs’ in key Bahrain malls
These dedicated ATMs for Eid ‘Ayadi’ withdrawals will be used in three major shopping malls in the country…
Government & Policy
Arcapita expands US private equity portfolio with the acquisition of Trustpoint
Arcapita Group Holdings Limited (“Arcapita”), the global alternative investment firm, announced today that it has successfully completed the…
Real Estate
Key verticals deliver as Alpha Dhabi’s Q1 revenue surge 23% to $4.74bn
Alpha Dhabi Holding has reported a 23 per cent year-on-year increase in group revenue to AED17.4 billion (US$4.74…
Real Estate
UAE clarifies tax rules for real estate investors
The UAE has issued clarification over rules for tax rules for real estate investors in the country. The…
Government & Policy
UAE sets $697bn Islamic bank target and aims for Halal export boost; Cabinet reviews tourism sector amid $122.5bn goal
The UAE has set ambitious targets for Islamic finance, tourism and more during a Cabinet meeting held in…
Government & Policy
Ahmed Abdelaal: How Mashreq’s CEO is redefining digital banking in the Middle East
As Group CEO of Mashreq, Abdelaal leads an institution with a 50-year legacy and a challenger mindset. And…
Real Estate
UAE, regional firms switch to blockchain-based cross-border payments as global trade tensions mount
Regulatory initiatives such as the UAE Central Bank’s move to give legal clarity to payment token issuers through…
Aviation & Logistics
Brown Advisory opens Abu Dhabi office, expands $162bn global portfolio to Middle East
Brown Advisory, a privately held global investment management firm that oversees $161.7 billion in client assets globally, has…
Real Estate
Real estate outperforms for IHC as Q1 revenue jumps 41.1% to $7.41bn
IHC, one of the world’s largest investment firms, continued to gain momentum across its diversified verticals as it…