The deal is not expected to impact Aramex revenues, but the firm warned that it could incur a one-off write-off of $13 million that could reflect in the Q4 results.
Dubai, Abu Dhabi, and Sharjah were among the top 10 cities visited by UAE travelers, beating international hotspots such as Bangkok (fourth place), Singapore (seventh place), and London (10th place).
The report revealed that it would take the MENA region another 153 years to close the gender gap at the current rate of change.
Dubai’s Roads and Transport Authority signed a MoU with three global startups in the fields of autonomous mobility, asset management, twin digital technologies and artificial intelligence.
The agreement with Occidental Oman was to explore and develop oil and gas in the concession block (51) while the second one was for a joint venture between Occidental Oman and Oman Oil Company
Dubai Aerospace Enterprise (DAE), one of the world's largest aircraft leasing companies revealed that it will sell a portfolio of 18 mid-life aircraft to institutional investors.
The service will initially launch in Dubai and Jeddah, with Egypt and Pakistan to follow. The pricing structure will include a customer fee for delivery as well.
Mohammed Khammas, CEO of Al Ahli Holding Group, invested in film and entertainment to back blockbusters and bring A-listers such as Ed Sheeran and Guns N’(...)
When Tariq Al Wahedi took the reins of Agthia, the company was trying to cope with a dip in profitability. He has since then been transforming Agthia into a(...)
IBM’s Middle East and Africa head Takreem El-Tohamy is steering the firm to focus on emerging technologies such as blockchain and artificial intelligence.
Many founder-CEOs draw just a token salary of $1 while the bulk of their remuneration is tied to the company's performance. Here are the top CEOs in the Silicon Valley who drew just $1 as salary.
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Falcon Capital Group Limited (“Falcon”) is a proprietary investment company based in Abu Dhabi Global Market (“ADGM”). Falcon is focused on two distinct areas: (i) MENA Financial Services Sector – Private Equity & Growth Capital; and (ii) GCC Fintech – Start-up & Early Stage Capital.
The University of Manchester – Middle East Centre (formerly known as Manchester Business School) opened with its flagship MBA course at Dubai Knowledge Park in 2006. Today, the university has supported over 2,300 part-time MBA students with a regional community of around 2,500 alumni and actively works to create professional networking(...)
Finastra unlocks the potential of people and businesses in finance, creating a platform for open innovation. Formed in 2017 by the combination of Misys and D+H, we provide the broadest portfolio of financial services software in the world today—spanning retail banking, transaction banking, lending, and treasury and capital markets. Our solutions(...)