kuwait


Dubai Esports Team Wins Seed Funding From Angel Investor

Middle East Business News - Published date: .

Yalla Esports has secured funding from a group of strategic investors, led by angel investor Kushal Shah Read more

Jet Airways Fails To Pay Interest To Etihad-linked EA Partners

Middle East Business News - Published date: .

Entity set up to finance affiliates of Etihad Airways says Jet Airways India has become the third carrier to fall behind... Read more

Gulf Firms Confront New Era Of Low Oil Prices With Merger Wave

Middle East Business News - Published date: .

The growing number of transactions the Gulf region should encourage public and private companies to consider the M&A... Read more

South African Expats Will Soon Have To Start Paying Tax: A Guide For Those In The UAE

Middle East Business News - Published date: .

Expats living in the UAE will be forced to pay 45% on earnings over $75,000 from March 2020 Read more

Bahrain's Investcorp Sells US Home Maintenance Firm

Middle East Business News - Published date: .

Wrench Group is sold by Investcorp to Leonard Green & Partners, a Los Angeles-based private equity firm Read more

$10bn Saudi Aramco Bond Sale To Close On Wednesday

Middle East Business News - Published date: .

International investors have so far made bids totalling three times the value of the bonds, says Saudi minister Read more

Dubai Islamic Bank Is Said To Consider Acquiring Noor Bank

Middle East Business News - Published date: .

Dubai Islamic Bank held preliminary discussions with Dubai-based Noor Bank's shareholders, according to sources Read more

Ex-Morgan Stanley Banker Leading Middle East Charge Toward Boutiques

Middle East Business News - Published date: .

Boutique advisory firms are earning almost a quarter of all investment-banking fees paid in the Middle East, up from jus... Read more

Interest In Saudi Aramco Bond Sale Said To Reach $26bn

Middle East Business News - Published date: .

State-owned oil giant drums up support for its debut offering at presentations in New York, Chicago, Singapore and Tokyo Read more

UAE's New FDI Law Could Accelerate Inflows By Up To 20%

Middle East Business News - Published date: .

Landmark law will be discussed at the Annual Investment Meeting 2019 in Dubai next week Read more

Saudi's SALIC Makes First Australian Farming Acquisition

Middle East Business News - Published date: .

Saudi Agricultural and Livestock Investment Company buys 200,000 hectares in Western Australia's wheat belt Read more

Opinion: Only Two Stars For The Uber-Careem Deal

Middle East Business News - Published date: .

Elie Khouri, CEO of Omnicom Media Group MENA, takes a longer-term of the record-breaking transaction Read more

Abu Dhabi Fund Approves $80m Loan For Argentina Water Project

Middle East Business News - Published date: .

Abu Dhabi Fund for Development agrees financing for expansion of a water treatment plant in Desvio Arijon Read more

McGregor Hints At Retirement U-turn After Khabib Feud

Sports and Eneterainment - Published date: .

Nurmagomedov defeated McGregor in a bout last October in Las Vegas in a contest that was marred by a massive brawl at r... Read more

India's Central Bank Cuts Interest Rate With More Easing Seen

Middle East Business News - Published date: .

Thursday's cut reverses the 50 basis points of increases delivered by the Reserve Bank of India last year Read more

FAB 'strongly Denies' It's Considering A Merger With ADIB

Middle East Business News - Published date: .

A First Abu Dhabi Bank spokesperson said the bank is "fully focused on unlocking its full potential and maximising share... Read more

SoftBank To Seek $15bn More For Its Huge Tech Fund

Middle East Business News - Published date: .

SoftBank's Vision Fund - backed by Saudi Arabia and Abu Dhabi - has invested more than $70 billion in tech companies in ... Read more

Abu Dhabi Said To Mull Merger To Create Biggest MidEast Bank

Middle East Business News - Published date: .

Sources say emirate is considering combining Abu Dhabi Islamic Bank with First Abu Dhabi Bank Read more

'No Significant Impact' On Jobs From Mashreq Branch Closures

Middle East Business News - Published date: .

Senior exec says bank is retraining employees as part of its digital transformation strategy Read more

Nasdaq Dubai Welcomes $1bn Sukuk Listing By Sharjah

Middle East Business News - Published date: .

Emirate's total sukuk value listed on the Dubai financial exchange has now reached $3.45bn Read more