Tag: Saudi Arabia
Uber acquires Dubai-based Careem for $3.1 billion
Web Report
Uber and Careem on Tuesday reached an agreement for Uber to acquire Careem for $3.1 billion, consisting of $1.7 billion in convertible notes...
Blackboard signs 2 partnerships at Dubai conference
Abdul Basit
Blackboard - a leading education technology company for teaching, learning and student engagement - has announced its new partnerships with the UAE and...
O Boticário opens flagship store in Dubai Mall
Staff Report
Known for its iconic products, O Boticário continues to redefine the beauty experience in the UAE by opening the second store in Dubai...
MENA M&A deal value increases by 69% to $10.9 billion
Staff Report
Mergermarket, the leading provider of M&A data and intelligence, has released research showing that in 2018 the MENA region experienced a significant spike...
Dubai Chamber membership tops 231,000 in 2018
Staff Report
A total of 14,476 companies joined Dubai Chamber in 2018, bringing total membership to over 231,000 and cementing the non-profit public organisation’s position...
Brazil’s O Boticário signs MoU to expand into Saudi Arabia
Staff Report
The internationally renowned Brazilian fragrance brand O Boticário is set to foray into the Gulf region’s largest beauty market Saudi Arabia along with...
UAE to deposit $3 billion in Pakistan’s central bank
Staff Report
The United Arab Emirates government has announced its intention to deposit US$3 billion, or AED11 billion, in the State Bank of Pakistan “to...
MENA region’s beauty, personal care industry to record 8.5% annual growth...
Staff Report
Dubai, United Arab Emirates, December 5: The beauty and personal care industry in the Middle East and North Africa (MENA) region, valuing at...
UAE food prices among the most affordable in the world
Staff Report
The UAE is among the cheapest in the world when it comes to counting on food prices in the country as the government...
Naseba’s Fintech Summit highlights huge opportunities driving Fintech’s growth in MENA...
Staff Report
Fintech Summit, organised by leading regional deal facilitation company Naseba, brought together the Middle East and Africa region’s most prominent Banking, Financial Services...
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