British ministers head to the GCC for talks on new trade deal
Britain’s new trade ministers visited the Gulf region on Monday in a first joint visit for talks on a possible trade deal, the government said.
Trade secretary Jonathan Reynolds and...
Saudi Fund for Development signs first loan agreement with Dominica
Saudi Fund for Development (SFD) formalised its first development loan agreement with the Commonwealth of...
How Abu Dhabi’s investment legacy is fostering economic development
Abu Dhabi and the UAE have long been recognised as important investors in the...
UAE unveils ‘Invest in the Emirates’ campaign, fronted by Idris Elba
The UAE government has unveiled its ‘Invest in the Emirates’ campaign, fronted by Hollywood...
UAE, Australia reach trade deal to boost exports, investment
The UAE has reached a trade agreement with Australia that is expected to boost...
Bidzi forays into the UAE to revolutionise M&A market for SMEs
GCC countries are actively working to diversify their economies and promote sustainable growth. Whether in Abu Dhabi, Riyadh or Doha, governments are fostering the...
Billionaires’ wisdom: 10 inspiring quotes from the world’s richest men
The world’s richest billionaires come from varied backgrounds, industries, generations and countries. They’re tech entrepreneurs, a fashion magnate, probably the world’s savviest ever investor,...
Saudi Arabia’s real GDP shrinks by 0.3% in Q2 2024, oil weighs
Saudi Arabia’s economy contracted by 0.3 per cent in 2023 compared with a year earlier, as a decline in oil activities by 8.9 per...
AD Ports Group refinances $2.25bn debt, cuts borrowing costs
AD Ports Group has refinanced a $2.25bn syndicated loan, securing more favourable terms with two UAE-based banks.
The move is expected to result in savings...
Lebanon, UAE and Saudi Arabia dominate list of influential Arabs
Lebanon has contributed the most names to the 2012 list of the world’s most influential Arabs, published on Sunday by Arabian Business. The list reveals 85...
Saudi Arabia approves first ETFs tracking Hong Kong-listed equities
Saudi Arabia has granted approval for its first exchange-traded funds (ETFs) tracking equities listed in Hong Kong on Tuesday, the Capital Market Authority (CMA)...
Polus Capital Management secures ADIA investment
Investment firm Polus Capital Management said on Wednesday it has received a capital commitment from the Abu Dhabi Investment Authority (ADIA) for its Special...
Swiss National Bank sceptical on holding bitcoin in its currency reserves
The Swiss National Bank remains sceptical about buying bitcoins, Chairman Thomas Jordan said on Friday, despite calls from campaigners to change Swiss law and...
Deutsche Bank ties up with Bitpanda in ‘cautious’ crypto shift
Deutsche Bank (DBKGn.DE), opens new tab will work with Bitpanda to process customer deposits and withdrawals for the Austrian crypto broker, the companies told Reuters.
The crypto...
The Future of Cryptocurrency: Trends and Predictions for 2025
Introduction to Cryptocurrency
Cryptocurrency has evolved from a niche interest to a global phenomenon over the past decade. Bitcoin, the first cryptocurrency, was introduced in...
Blockchain Technology Beyond Bitcoin: Financial Sector Applications
Introduction to Blockchain Technology
Blockchain technology, initially developed as the underlying technology for Bitcoin, has far-reaching applications beyond cryptocurrencies. A blockchain is a decentralized, distributed...
Turkey’s Simsek to speak at FATF watchdog meeting in Singapore, state media says
Turkish Finance Minister Mehmet Simsek will speak at the Financial Action Task Force meeting in Singapore, Turkish state media said on Thursday, ahead of...
FTX examiner’s report reveals lingering exposure for law firm Fenwick & West
The California law firm that acted as lead outside counsel for crypto exchange FTX until just before its collapse in 2022 remains under investigation...
The Rise of Fintech: Transforming the Financial Landscape
Overview of Fintech
Fintech, short for financial technology, encompasses innovative technologies designed to improve and automate financial services. This rapidly growing sector leverages advancements in...
