Commercial MENA Edition

Will the UAE's rapidly growing cloud kitchens change the face of restaurant business?

morning briefing

Thursday Outlook: Omicron worries leave markets on edge, oil prices rise

morning briefing

Wednesday Outlook: Asian shares bounce from year low; oil climbs ahead of OPEC meeting

saudi arabia

Saudi Arabia's economy set to grow 7% in 2022 driven by oil sector

real estate

Dubai real estate deals reach $871mln in the last week of November

Fiat Chrysler nears plea deal in U.S. emissions fraud probe - sources

Saudi Ministry of Commerce provisions for smoother distributor-consumer relationship

Opinion - Sachin Kerur

UAE raises ownership limits to help drive diversification

New rules allow for 100 percent ownership in 13 sectors including renewable energy, space, logistics and manufacturing

Opinion - Greg Mayew

Implementing a passporting regime for UAE funds

Foreign funds and other types of security will still need to be approved within each UAE jurisdiction that they are promoted

Opinion - Ashish Panjabi

How to deal with challenging clients

Having a process in place for dealing with difficult customers will give staff greater confidence in handling situations

Opinion - Leroy Levy

Saudi privatisation - the story so far

Both the framework for overseeing privatisation and the first wave of projects have progressed during the past year

Latest News

automotive

Ras Al Khaimah Police announces 50% discount on traffic fines

The decision - which is part of the UAE’s 50th National Day Celebrations - also includes traffic penalty points

cryptocurrency

Crypto firm CEOs to testify before U.S. House banking panel on Dec. 8

The hearing marks the first time major players in the rapidly growing crypto markets will testify before lawmakers, as policymakers grapple with the implications of the new financial product and how to best regulate it

business

Businessman in Bahrain seeks $6mln payout from partners

He was allegedly refused his share of a booming cryptocurrency company

construction

Egypt Government removes encroachments on assets

The first phase of the campaign included 148 eviction rulings

financial services

SDSC approves $13.89mln to settle citizens' debts

Al Sheikh added that so far, 1,707 citizens have benefited from the Committee's debt repayment process

retail

Amazon asks India antitrust body to revoke Reliance-Future deal approval

The battle between two of the world's richest men, Amazon founder Jeff Bezos and Reliance Industries Ltd boss Mukesh Ambani, marks a contest for preeminence in India’s booming, nearly trillion-dollar retail market

business

Start any Business (SAB) helps foreign investors in the UAE

Most of the time the paper work and formalities make it difficult for people to initiate the process leave alone

equities

Warning over illegal trading in Bahrain

Cryptocurrencies aren’t controlled by the CBB and haven’t been licensed yet

cryptocurrency

Kuwait’s central bank, CMA initiate campaign on crypto assets

Virtual currencies have sharp price fluctuations

legal

Italy's antitrust fines Google, Apple for commercial use of data

The authority said in statement that the two tech groups did not provide "clear and immediate information" with regards to how they collect and use the data of those who access their services

Multimedia