Business & Management

World Bank expects uneven recovery in MENA region

World Bank 18 April MenaEconomies in the Middle East and North Africa (MENA) region are expected to grow by 5.2% in 2022, the fastest rate since 2016, on the back of oil-price windfalls benefitting the region’s oil exporters

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Dubai Chamber of Commerce supports growth of Chinese logistics company in Dubai

AdobeStock 132450804With the support of Dubai Chamber of Commerce, Chinese logistics company J&T Express has expanded its operations in Dubai and leveraged the emirate as a strategic hub to access other markets in the region

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ADQ and Chimera Investments join hands to launch UAE’s first SPAC on ADX

AdobeStock 492488583ADQ, an Abu Dhabi-based investment and holding company, and Chimera Investments, a Abu Dhabi-based private investment firm managing a diversified portfolio of listed and unlisted equities on both local and international markets, have established ADC Acquisition Corporation PJSC (ADC), the UAE’s first Special Purpose Acquisition Company (SPAC)

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Emirates Islamic introduces Emarati Business Account to support UAE national companies

AdobeStock 349422362Emirates Islamic, one of the leading Islamic financial institutions in the UAE and the preferred bank for UAE nationals has launched an Emarati Business Account, designed specifically to cater to the needs of UAE national companies

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Nahdi Medical Company opens its largest flagship pharmacy in the Kingdom in Riyadh

AdobeStock 139216104Nahdi Medical Company, Saudi Arabia’s largest retail pharmacy chain and leading healthcare provider announced the launch of the Kingdom’s largest Nahdi flagship pharmacy in Riyadh, Olaya District on King Fahad Road, near to Tahlia Street

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