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February 16, 2024 Trakhees Processes More Than 50,000 Transactions During 2023

The Department of Planning and Development - Trakhees, the regulatory arm of the Ports, Customs and Free Zone Corporation (PCFC), completed more than 50,000 transactions carried out by the Trakhees’ Licensing Department during 2023, with a growth ...

February 9, 2024 Federal Tax Authority Earns ISO Certificate for Implementing International Standard In Its Innovation Management System

The innovation management system of the Federal Tax Authority (FTA) has earned a new international accreditation, in recognition of it implementing  global best practices and standards that enhance the effectiveness and efficiency of innovation ma...

January 23, 2024 Best Private Equity & Investment CEO 2023: Saeed Al-Marri

Specialising in providing bespoke solutions and strategic investment services to a wide range of clients, Ethra Invest is a distinguished investment and private equity firm that has redefined excellence within the Middle East. At the heart of this...

November 30, 2023 Visa Reveals UAE Consumers Seek Banks’ Help In Understanding Environmental Impact of Spending

Visa and Emirates Nature-WWF released the UAE results of their '2023 Sustainable Commerce' study on the day of the United Nations Climate Change Conference (COP28) in UAE.

October 12, 2023 Egypt Non-Cash Transaction Volumes Set to Reach $16.34bln in 2023

The Capgemini Research Institute’s 2023 World Payments Report, published earlier, reveals that non-cash transaction volumes will reach 1.3 trillion by 2023 globally, whilst according to Statista, the Egyptian market is expected to reach US$16.34bn...

April 19, 2023 Afreximbank Provides EUR10 Million to Banque Postale du Congo for Small and Medium-Sized Enterprise (SME) Financing

African Export-Import Bank (Afreximbank) has signed a landmark agreement with Banque Postale du Congo (BPC) to provide the Congolese bank with an EUR 10-million factoring facility to support SMEs in the Republic of Congo and the CEMAC region.

March 24, 2023 Mozambique Expands Locally-Led Climate Resilience, with Support from the European Union

The Government of Mozambique and the European Union signed a 4,5 year agreement worth EUR 10 million to expand climate finance in the country through the Improving Local Climate Resilience in Mozambique (MERCIM) Program, technically supported by t...

March 16, 2023 UAE: Etihad Credit Insurance Records 26% Increase in Insured Non-Oil Commercial Exports

Etihad Credit Insurance (ECI), the UAE Federal export credit company, recently held its first Board of Directors meeting in 2023, chaired by Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the Board at the company’s headquarters in...

February 27, 2023 Simion Kronenfeld: Predictions About the Stock Market in 2023

In just four short years, the global stock market has undergone dramatic and unpredictable changes, and has experienced both highs and lows, making it difficult to predict what might be around the corner in 2023.

February 20, 2023 AXIAN-Owned WeLight Secures EIB Funding to Connect 250,000 in Africa to Clean Power

WeLight, a company co-owned by AXIAN Group, has secured 19 million euros ($21 million) in funding from a group of lenders including the European Investment Bank (EIB), to help 250,000 people in rural Madagascar gain first-time access to clean elec...

December 21, 2022 Almost 60% of Saudi Arabia Consumers Choose Only Digital Money-transfer Platforms, But Choice Still Matters

Consumers in Saudi Arabia predominantly view digital money transfers as the preferred way to send money now and in the future, according to research commissioned by Western Union.

October 26, 2022 Visa Reveals More Transit Users Are On Board with Contactless Payments in Egypt

Visa today announced the results of its second annual Future of Urban Mobility Survey, which uncovered a desire for change among transit users in Egypt.

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