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Economy
UAE: Passport validity reduced to one month to facilitate status amendments for violators, says ICP
This adjustment allows violators to leave without an entry ban stamp or secure jobs while staying
Banking & Finance
Investec expands presence in Middle East with new office at Dubai International Financial Centre
The DIFC office will connect HNWIs, family offices, and financial institutions in the GCC, providing advisory services in private banking and wealth management.
Economy
AD Ports reports 30 percent rise in vehicle volumes at Autoterminal Khalifa with 90,000 square meters of yard expansion
Since 2021, AD Ports has tripled its revenue through strategic acquisitions and organic growth
Banking & Finance
Qatar’s Ooredoo Group lands $551.9 million financing deal to propel data center expansion
The deal will drive growth in Ooredoo’s data center unit and open new opportunities in AI and cloud computing
Economy
Oil prices dip slightly as market reacts to China’s stimulus measures, supply disruptions
Brent oil futures for November delivery dropped 0.1 percent to $75.12 per barrel
Economy
Crypto exchange Bybit introduces Islamic account to enhance trading access for Muslim communities globally
The account provides Shariah-compliant trading products for Muslim traders in the digital asset market
Economy
Kuwaiti investments in Egypt surpass $20 billion
Efforts are underway to organize the joint trade committee between the two countries as soon as possible
Economy
Abu Dhabi’s Masdar announces $1.4 billion acquisition of Saeta from Brookfield
The acquisition encompasses a portfolio of 745 megawatts (MW) of primarily wind energy assets
Banking & Finance
Abu Dhabi Finance Week reveals top finance leaders set to speak at 2024 edition
The 2024 edition will feature over 300 speakers, including CEOs and Chairs from 50 major global financial institutions
Economy
UAE, IRENA forge partnership to boost climate ambitions in 20 developing nations
The partnership aims to leverage the UAE’s climate leadership and IRENA’s role in NDC development and sustainable energy transition
Economy
Egypt invests $300 billion in infrastructure development over 10 years, says minister
El Khatib underscored the need to continue infrastructure development to achieve 6 to 7 percent economic growth
Economy
Sheikh Mohammed issues decree on appointment of Dubai government employees to judicial authorities
The Decree aims to attract national talent to Dubai's judiciary while ensuring employees retain benefits during training
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