Remarkable deals worth US$ 500mln for Dubai WoodShow as organisers promise record-breaking Event

Dubai WoodShow, the leading platform for wood & woodworking machinery industry in the Middle East & North Africa (MENA) region,is gearing up to unveil an unparalleled futuristic event that is set to see companies closing deals worthy over USD 500 Million following a massive influx of visitor registrations in the past week. President of Strategic […]

Dubai Customs’ achievements in 2021

 Dubai Customs crowned its outstanding performance in 2021 by winning the Elite Award in Dubai Government Excellence program’s biggest edition, which saw the participation of 132 local and international judges who assessed 31 government entities against a number of strict quality standards. Dubai Customs launched its 5-year (2021-2026) strategic plan, which stands on five principles: Agile, […]

Aramco signs 10 agreements during Saudi-Korean Investment Forum

 The Saudi Arabian Oil Company (“Aramco” or “the Company”) today announced the signing of one agreement and nine Memoranda of Understanding (MoUs) with leading Korean entities, which aim to advance its downstream strategy and support development of low-carbon energy solutions, while creating new financing options for the Company. The signings took place at the Saudi-Korean Investment […]

eBankX announces Chairman

eBankX, a global digital platform providing several services and features, has announced its appointment of Sulaiman Al Fahim as Chairman. Sulaiman Al Fahim is currently the executive chairman of the globally leading Al Fahim Holding Group, a business conglomerate in the UAE. He brings many years of expertise covering project management, strategic development, and business negotiations. […]

Lower global liquidity and increased complexity are likely to hold back sukuk issuance In 2022

S&P Global Ratings believes that sukuk issuance volumes will be flat at best in 2022 amid lower and more expensive global and regional liquidity, increased complexity, and reduced financing needs for some core Islamic finance countries. Notably, we assume a period of higher oil prices, together with higher production and tighter spending control, will result […]