Tag: GCC Business News
HSBC wins big at 2021 Euromoney Middle East Awards
Leading British banking and financial services firm HSBC bagged as much as five distinguished honors at the 2021 Euromoney Middle East Awards for Excellence...
Gulf Cruise ship prepares return to post pandemic tourism
After 14 months of break in overseas tourism, cruise ships, one of the worst-affected sectors due to the pandemic are preparing to return to...
Middle East’s leading telecom operators unite to support Open RAN
Middle East region’s leading telecom operators Etisalat Group, stc, Zain Group, Mobily and Emirates Integrated Telecommunications Company (du) have joined forces to accelerate the...
Abu Dhabi Chamber explores economic & trade ties with Oman Ambassador
HE Mohammed Thani Murshid Al Rumaithi, Chairman of both the Federation of the UAE Chambers of Commerce and Industry and Abu Dhabi Chamber of...
CBUAE & SAMA won Central Banking Magazine’s ‘2021 Global Impact Award’
The Central Bank of the UAE (CBUAE) and the Saudi Central Bank (SAMA) have been awarded the Global Impact Award by Central Banking Magazine...
GCC economies projected to grow 2.1% in 2021: ICAEW
Gulf Cooperation Council (GCC) countries are expected to rebound by 2.1 percent this year, supported by oil prices rise, ease in COVID-19-driven restrictions and...
Mubadala joins with EIG-led consortium acquiring Aramco pipeline stake
Abu Dhabi state-owned sovereign wealth fund, Mubadala has joined a consortium led by US-based EIG Global Energy Partners that had agreed to buy a...
UAE-based SHUAA Capital sells its stake in Bahrain’s Khaleeji Commercial Bank
UAE-based leading asset management and investment banking platform SHUAA Capital has sold its 3.8 percent stake in Khaleeji Commercial Bank (KHCB), totaling 34.648 million...