National Bonds, a leading Sharia-compliant savings and investment company in the UAE, announced today a significant increase in its portfolio value, marking a 17% increase to AED 15 billion from December 2023 to date. This growth reinforces the company’s position as a trusted financial beacon for UAE citizens and residents. The surge in growth has
Arthur D. Little (ADL) has released the fourth edition of its influential Future of Automotive Mobility (FOAM) report, presenting a detailed analysis of current and future trends in the automotive industry. This year’s study, with insights from over 16,000 respondents across 25 countries, includes a comprehensive focus on the United Arab Emirates (UAE). The report
eJaby, the innovative homegrown e-commerce marketplace, has officially launched in the UAE, marking the next major step in transforming the e-commerce market supply chain in the region. Poised to tackle overstock due to factors like shelf life or inventory surplus, as well as sustainability challenges in the UAE’s dynamic market, the eJaby platform connects consumers
The region’s first home-grown motorsports reality TV show – the Toyota Gazoo Racing UAE Academy – recently concluded the thrilling grand finale of its second season, crowning Sultan Khalifa as the champion.Established by Al-Futtaim Toyota, the Academy is the first of its kind in the Middle East, and reinforces Al-Futtaim Toyota’s commitment to promoting motorsport
New research from global communication platform Infobip highlights how different generations want to communicate with businesses and brands ahead of Black Friday. When at least 86% of all generations expect targeted and relevant communications, according to Infobip’s research, retailers need a personalized approach for each generation of shoppers. Black Friday is the start of the
A new report from Barclays Private Bank has revealed that private equity continues to lead private markets amid growing interest from private wealth investors. The inaugural report, Forging New Paths: How private investors are capitalising on the evolution of private markets,sheds light on the resilience and growth potential of private equity (PE), and venture capital
Mashreq, a leading financial institution in the MENA region, announced the closing of a landmark AED 500million syndicated loan for the Eastern and Southern African Trade and Development Bank (TDB). Mashreq acted as Sole Coordinator, Initial Mandated Lead Arranger, Bookrunner, and Facility Agent for the debut deal. This marks the first ever syndicated loan for
