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    S&P revises Saudi Arabia’s outlook to positive on advancing non-oil economy

    S&P revises Saudi Arabia’s outlook to positive on advancing non-oil economy

    14 Sep 2024

    S&P Global Ratings revised Saudi Arabia’s forecast to positive from stable on Friday, citing strong non-oil growth outlook and economic resilience. The ratings agency said the positive outlook reflects the...

    Etihad Airways serves up double-daily trips for summer 2025

    Etihad Airways serves up double-daily trips for summer 2025

    13 Sep 2024

    Etihad Airways, the national carrier of the United Arab Emirates, has taken the wraps off its sensational Summer 2025 schedule, with a double-daily debut on a host of top European...

    Ajman real estate transactions reach Dhs1.57 billion in August

    Ajman real estate transactions reach Dhs1.57 billion in August

    13 Sep 2024

    Omar Bin Omair Al Muhairi, Director-General of Ajman’s Department of Lands and Real Estate Regulation, said that the total number of real estate transactions in the emirate reached 1,264 in...

    Anti-fraud digital advertising platform VeraViews launches in UAE

    Anti-fraud digital advertising platform VeraViews launches in UAE

    13 Sep 2024

    The Ministry of Economy has announced that VeraViews will be incorporated in the UAE under the NextGen FDI initiative. VeraViews is a pioneering new digital advertising platform that uses distributed...

    UAE banks’ capital, reserves hit Dhs495.2 billion

    UAE banks’ capital, reserves hit Dhs495.2 billion

    12 Sep 2024

    The total capital and reserves of banks operating in the UAE reached Dhs 495.2 billion at the end of June 2024, a year-on-year (YoY) increase of 10.6 per cent compared to...

    Pakistan CB cuts key rate by bigger than expected 200bps

    Pakistan CB cuts key rate by bigger than expected 200bps

    12 Sep 2024

    Pakistan’s central bank cut its key policy rate by a bigger than expected 200 basis points (bps) to 17.5 per cent on Thursday, the third straight reduction since June as...

    Watermelon Ecosystem and Deem Finance join forces to fuel the local F&B market

    Watermelon Ecosystem and Deem Finance join forces to fuel the local F&B market

    12 Sep 2024

    Gulf Network Watermelon Ecosystem, a fast growing UAE based F&B industry startup is excited to announce a strategic partnership with Deem Finance LLC, a digitally-led financial services provider. The partnership...

    Unearthing the Causes behind the soaring gold prices

    Unearthing the Causes behind the soaring gold prices

    12 Sep 2024

    Gulf Network In recent times, gold prices have been scaling new heights, captivating the attention of investors and economists alike. This surge has left many pondering the causes behind the...

    Samsung plans global job cuts of up to 30% in some divisions

    Samsung plans global job cuts of up to 30% in some divisions

    11 Sep 2024

    SEOUL: Samsung Electronics, the world’s top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge...

    Standard Chartered starts custody services for digital assets in the UAE

    Standard Chartered starts custody services for digital assets in the UAE

    10 Sep 2024

    Standard Chartered said on Tuesday it had begun offering digital asset custody services in the United Arab Emirates, with Brevan Howard Digital, the crypto and digital asset division of the...

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