Tag: GCC Business News
KAPSARC identifies 3 factors to enhance gas demand in GCC
According to the International Energy Agency (IEA), the global COVID-19 pandemic would lead to a 32 percent decline in capital expenditure plans by major...
Abu Dhabi’s Agthia acquires leading bakery in Kuwait
Abu Dhabi-based leading food and beverage company, Agthia Group has signed a sales purchase agreement (SPA) to acquire Al Faysal Bakery and Sweets, one...
Saudi’s BossBunny Games partners with Lammtara to develop electronic games
Saudi Arabia-based mobile game developer and publisher BossBunny Games has signed an agreement with reputed Emirati production studio, Lammtara to develop and publish electronic...
MENA’s 1st reward-based crowdfunding platform for tech startups launched
Bahraini fintech Bidayatech has unveiled the first reward-based crowdfunding platform for the MENA (Middle East and North Africa) region to help tech startups overcome...
MasterCard, Network International to broaden commercial payment solutions in MEA
MasterCard, the leader of the global payments industry, and its strategic partner Network International, the leading enabler of digital commerce across the Middle East...
Experts are optimistic on potentials of AI; Study
US-based Boston Consulting Group and MIT Sloan Management Review have revealed that the majority of experts are optimistic about the ability of Artificial intelligence...
Capital inflow to MENA region remains high amid pandemic; IIF
US-based association for the global financial services industry, Institute of International Finance (IIF) stated that capital inflows into the region are expected to remain...
IATA observed V-shaped recovery for cargo in Middle East
In its latest report on the status quo of the aviation industry, the International Air Transport Association (IATA) observed that Middle Eastern carriers have...