AI Reshapes GCC Banking Sector, Driving Innovation and Workforce Transformation
The Gulf Cooperation Council (GCC) banking sector is undergoing a significant transformation as artificial intelligence (AI) reshapes traditional workflows, automating…
Tag: Business
GCC Poised to Become Global AI Hub with Major Investments and Strategic Vision
The Gulf Cooperation Council (GCC) is rapidly positioning itself as a global leader in artificial intelligence (AI), with experts predicting…
ICAI Doha Chapter Hosts Annual General Meeting, Focuses on Green Finance
The Doha chapter of the Institute of Chartered Accountants of India (ICAI) recently held its 43rd Annual General Meeting, where…
Air Arabia Reports Record Profit of Dh1.6 Billion for 2024 Amid Expansion
Air Arabia, the Middle East and North Africa’s largest low-cost airline, has announced a record-breaking pre-tax net profit of Dh1.6…
Sharjah Imposes 20% Corporate Tax on Natural Resource Companies
Companies engaged in both extractive and non-extractive natural resource activities in Sharjah will now be subject to a 20% corporate…
Turkish Textile Industry Braces for Potential Exodus of Syrian Workers
As celebrations erupted across Syria following the overthrow of President Bashar al-Assad, businesses in Turkey that rely heavily on Syrian…
UAE Retail Investors Bullish on Stock Market Growth in 2025, Survey Reveals
A recent survey conducted by trading platform eToro has revealed that retail investors in the UAE are overwhelmingly optimistic about…
UAE Fuel Prices Rise Amid Global Oil Market Uncertainty
Fuel prices in the UAE have increased for the first time in two months, effective February 1, sparking concerns about…
QNB Group Successfully Issues Inaugural Shogun Bond in Qatari Riyals
QNB Group, one of the Middle East and Africa’s leading financial institutions, has announced the successful completion of its first-ever…
Qatar’s International Reserves Rise 3.7% in January, Reaching QR 255.166 Billion
Qatar Central Bank (QCB) reported a 3.7% increase in its international reserves and foreign currency liquidity in January 2025, reaching…