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UAE Central Bank Cuts Interest Rate: How This Affects Borrowers

Mariam Banu -
UAE Central Bank cuts the base rate for the Overnight Deposit Facility (ODF) by 25 basis points, lowering it from 4.15 percent to 3.90...
Merger and Acquisition

Borouge Stake Acquisition Marks New Global Petrochemical Giant

Mariam Banu -
Borouge stake acquisition announced forms the foundation of one of the most significant transformations in the global petrochemical industry. Abu Dhabi National Oil Company...
General News

Dubai’s FinTech Hub Ranking: A Growing Global Leader

Mariam Banu -
Dubai’s FinTech hub ranking has reached a new high in 2025. The city is now one of the world’s top four centers for financial...
Merger and Acquisition

Multiply Group’s Big Move: Merges With 2PointZero and Ghitha

Mariam Banu -
Multiply Group PJSC has announced a strategic business merger following its acquisition of stakes in 2PointZero and Ghitha Holding from International Holding Company (IHC)....
General News

OpenAI and Amazon Signed $38 Billion Deal to Expand AI Computing Power

Abdul -
OpenAI and Amazon signed a $38 billion deal that will enable OpenAI to run its artificial intelligence systems using Amazon's data centres across the...
Merger and Acquisition

National Bank of Bahrain and Bank of Bahrain and Kuwait Sign MoU for Potential Merger

Mariam Banu -
National Bank of Bahrain (NBB) and Bank of Bahrain and Kuwait (BBK) have signed a non-binding memorandum of understanding (MoU) to advance talks on...
General News

Oman Signs 36 Tourism Development Contracts Worth 100 Million Rials

Robin Michael -
Oman’s Ministry of Heritage and Tourism announced it has signed 36 usufruct contracts totalling 100 million Omani rials ($260 million) during the first nine...
General News

UAE Rolls Out Chip-Enabled E-Passport for Indian Expats 

Robin Michael -
Indian expatriates in the UAE will receive new chip-enabled electronic passports. This initiative is part of India's Global Passport Seva Programme (GPSP 2.0), which...
General News

UAE Announces November 2025 Petrol Prices Amid Global Market Volatility

Robin Michael -
The UAE government has released November 2025 petrol prices reflecting ongoing fluctuations in global crude oil markets. Prices have been adjusted in response to...
General News

British Banking Giants Relocate Headquarters to Riyadh 

Robin Michael -
Several leading British financial institutions are relocating or expanding their regional headquarters to Riyadh as part of a strategic push to deepen cross-regional collaboration...
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