MENA gets $4.75bln as support in fiscal 2021 from World Bank
The Covid-19 pandemic has wreaked havoc and has taken a devastating toll on people across Mena. It has greatly tested ...
West Virginia city seeking $2.5 bln in opioid lawsuit
West Virginia city and county, which were hard-hit by the opioid crisis, seeks $2.5 billion in the trial on Tuesday. ...
Abu Dhabi’s ADIO $545mln Innovation Programme to support three tech firms
As part of the state-run Abu Dhabi Investment Office (ADIO) AED 2 billion ($545 million) Innovation Programme, it has partnered ...
Bank Albilad intends to redeem Sukuk at over $267mln
The percentage of the redeemed outstanding SAR-denominated Regulatory Tier 2 Capital Sukuk will account for 53.05% of the total. Bank ...
SpaceX’s scored big with a new NASA contract
SpaceX hit the jackpot as it scored another major NASA contract. This time it is the most awaited mission of ...
OFIC planning to invest $1.2 billion in food security
The government’s food sector investment and development arm, Oman Food Investment Holding Company SAOC (OFIC), set up in 2012 as ...
Q-commerce set to capitalize $20bln of MENA’s digital-economy
Q-commerce is a new business model defined by fast delivery from local restaurants, shops, and dark stores. The Middle East ...
Amex witnesses an all-time-high revenue surge
The global Covid-19 pandemic caused a lull in business as lockdowns and restrictions became the norm. American Express took a ...
Zomato’s outperforms in the market debut as stocks soar over 80%
The first IPO of the food delivery giant Zomato in India was on the 23rd of July. The stocks soared ...
The “Normalcy Index” ranks Egypt as the fourth most resilient country
According to The Economist, the "normalcy index," which offers a framework to assess changes in behavior and dynamics associated with ...
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