Monday 18 February 2019

Global speakers for Riyadh fintech conference

Meftech, the longest running banking & financial technology event in Mena, has announced its line-up of industry expert speakers on fintech from across the world ahead of the upcoming conference in Riyadh, Saudi Arabia. The event takes place at the Four Seasons, Riyadh on Feb


Dubai to host global takaful & insurance tech forum

Middle East Global Advisors, a leading financial intelligence platform, will convene the 14th edition of its annual World Takaful & InsurTech Conference (WTIC) in April in Dubai, UAE. The event, organised in strategic partnership with the Dubai International Financial Centre


Recession looming, warns economist Krugman

There is “quite a good chance that we will have a recession late this year or next year,” warned Nobel Prize Laureate Economist Paul Krugman at the World Government Summit in Dubai.   Delivering a sober outlook for global trade to an audience of inte


Dubai’s non-oil growth strengthens in January

Overall growth of Dubai’s non-oil private sector economy quickened in January, according to the latest Emirates NBD Dubai Economy Tracker, a composite indicator designed to give an accurate overview of operating conditions in the non-oil private sector economy. Moreover, fi


UK eyes free trade agreement with GCC: report

The UK enjoys strong trading relations with GCC countries and is looking forward to have a free trade agreement with the bloc in the right time, the UK Secretary of State for International Trade, was quoted as saying in a media report. Rt Hon Liam Fox added that the World Governm


Dubai firms see economic growth boost in Q1: DED

A majority of businesses in Dubai foresee accelerated economic growth during the first quarter (Q1) of 2019, according to the quarterly survey conducted by the Department of Economic Development (DED) to gather the performance expectations and economic outlook of the local business community.


Saudi allocates $3.1bn to help private firms

Saudi Arabia has approved an allocation of SR11.5 billion ($3.07 billion) to support enterprises committed to indigenisation.    The allocation is aimed at reimbursing firms the fees for expatriate work permits. The order authorised the Ministry of Labor an


Capital Club Bahrain to host key Fintech series

Capital Club Bahrain is set to join hands with Andra Public relations & Corporate Communications to launch its Fintech series which will feature leading corporates and startups from the kingdom and the Middle East and North Africa (Mena) region. To be held later this month, t


Bahrain vows to focus on cost control

Bahrain government will focus on “stringent cost controls” to balance its budget, Bahrain’s Minister of Finance and National Economy told Bloomberg Television in an interview.    Shaikh Salman bin Khalifa Al Khalifa said the government has


Brazil exports to Arab world hit $11.5bn in 2018

Brazil exported goods worth $11.48 billion to the Arab World in 2018, which is indicative of its robust trade relations with the region, a media report said. Brazilian exports to the UAE, Egypt, Saudi Arabia and Kuwait were recorded at $2 billion, $2.13 billion, $2.1 billion, and

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