Economy

Oil Prices Soar 20% Higher After Saudi Arabia Strike

India’s RuPay Preps For UAE Launch As It Eyes Lucrative Payments Market

A Year On, MENA’s IPO Values Have Grown By 222.6% To Touch $2.8B

Three Women Make History As First Female Partners At A Big Four Consultancy

U.K. Competition Watchdog Probes Amazon’s $575 Million Bet on Deliveroo

After Saudi And UAE, This GCC Country Might Be Investing In $100B SoftBank Fund

How this Billionaire Is Innovating Transport And Luxury In The Middle East

GCC To Witness Marginal Economic Growth In 2019

Economy Now

New Post10 hours ago

Oil Prices Soar 20% Higher After Saudi Arabia Strike

Oil prices exploded almost 20% higher, the country's biggest jump in 28-years time.
By Samar Khouri 4 min read
3 weeks ago

India’s RuPay Preps For UAE Launch As It Eyes Lucrative Payments Market

The card will be launched during the visit of Indian Prime Minister Narendra Modi to the UAE, according to India’s ambassador to the UAE Navdeep Singh Suri.  
By Mary Sophia 4 min read
1 month ago

A Year On, MENA’s IPO Values Have Grown By 222.6% To Touch $2.8B

Saudi Arabia led the IPO activity in the MENA region with three listings on the main market in Q2 2019 with net proceeds of $1,023.4 million.
By Mary Sophia 4 min read
1 month ago

Three Women Make History As First Female Partners At A Big Four Consultancy

The number of females promoted to partner in 2019 has tripled from those announced in 2018.
By Jamila Gandhi 4 min read
2 months ago

U.K. Competition Watchdog Probes Amazon’s $575 Million Bet on Deliveroo

The probe from the CMA is somewhat unusual given Amazon is only a minority shareholder in Deliveroo. 
By Sam Shead 9 min read
4 months ago

After Saudi And UAE, This GCC Country Might Be Investing In $100B SoftBank Fund

The fund currently has investors from the Gulf such as Saudi Arabia’s Public Investment Fund and UAE’s Mubadala, which has committed $15 billion to the fund.
By Mary Sophia 3 min read
4 months ago

How this Billionaire Is Innovating Transport And Luxury In The Middle East

Here are four ways Branson’s multi-million dollar empire converted their passion for technology to build pioneering customer experiences in the Middle East.
By Jamila Gandhi 6 min read
4 months ago

GCC To Witness Marginal Economic Growth In 2019

Despite the strong drive in recent years by GCC authorities to diversify their economies, oil continues to play a dominant role, constituting up to 46% of total GDP.
By Nermeen Abbas 4 min read