Anghami Inc. (“Anghami” or the “Company”), the leading music streaming platform and service in the Middle East and North Africa and Vistas Media Acquisition Company Inc. (NASDAQ: VMAC), a publicly traded special purpose acquisition company led by CEO F. Jacob Cherian and co-founders Saurabh Gupta and Abhayanand Singh, announced that they have entered into a definitive merger agreement […]
A new book by two Boston Consulting Group (BCG) partners asserts that all procurement decisions should be founded on data and analytics. To make this happen, companies need to stop focusing on individual tools and instead define how the full value potential of digitization can be unleashed across the end-to-end procurement process. The book, Jumpstart to […]
While retail banks globally have reacted to the COVID-19 crisis with speed, dexterity, and purpose, further challenges await in their quest to enhance revenues, upgrade digital capabilities, and build a strong, stable future. Boston Consulting Group’s (BCG) newreport, titled ‘Global Retail Banking 2021: The Front-to-Back Digital Retail Bank’ emphasizes the need for banks around the world and in the […]
Al Hamra, the leading real estate developer, services provider and investment company in the Northern Emirates, has recorded strong investor response for its residence visa and business licence package, whereby those who purchaseready-to-move-in homes in its communities will receive a 12-year residency visaand business licence. Al Hamra had rolled out an unmatched opportunity for investors […]
Global real estate investment volumes declined by 28% year-on-year from a record amount of capital markets activity in 2019. According to JLL’s recently published Global Real Estate Perspective, full-year transaction volumes totalled $762 billion in 2020. In EMEA, investment volumes reached $282 billion, marking a 17% decrease year-on-year. Global investment volumes were buoyed by strong performance […]
The blockchain industry has evolved at a remarkable pace over the past 18 months, with cryptoassets gathering much attention. But there is more to blockchain than crypto,according to an independently written report undertaken by Keith Bear and Michel Rauchs (Fellow and Research Affiliate respectively at Cambridge Judge Business School’s Centre for Alternative Finance)and published by […]
Etisalatand stcremain the frontrunners across the MEA region, claiming the title of the MEA’s strongest and most valuable telecoms brands, respectively. stcis the region’s most valuable brand, its brand value up an impressive 14% to US$9.2 billion, simultaneously jumping 5 positions to 13th and becoming a AAA- brand. stc has recently doubled the capacity of its network, […]
Emirates NBD Capital, the investment banking arm of Emirates NBD, one of the leading banking groups in the MENAT (Middle East, North Africa and Turkey) region, marks a record year of debt capital transactions. The investment bank’s Debt Capital Markets (DCM) team successfully completed c. 60 transactions in 2020 across the Gulf Cooperation Council (GCC), […]
The UAE has topped the Middle East and North Africa region rankings in the World Bank’s newly released 2021 ‘Women, Business and the Law’ (WBL) report. The country’s ratings in the World Bank report saw a significant leap by virtue of ground-breaking legislative reforms implemented over the past few years. Her Highness Sheikha Manal bint […]
The International Air Transport Association (IATA) released new analysis showing that the airline industry is expected to remain cash negative throughout 2021. Previous analysis (November 2020) indicated that airlines would turn cash positive in the fourth quarter of 2021. At the industry level, airlines are now not expected to be cash positive until 2022. Estimates […]
