Thursday , 12 December 2019
Breaking News

Business

UAE is the easiest Middle East market for women to find jobs, says survey

The United Arab Emirates has been named as the easiest market in the Middle East and North Africa (MENA) for women to find a job, according to a new survey issued on Monday. The ‘Working Women in the Middle East and North Africa’ survey, which was carried out by online jobs portal Bayt.com and research company YouGov, stated that more …

Read More »

flydubai touches down at Kilimanjaro International Airport

As part of the inaugural programme, flydubai showcased its new Boeing 737 MAX 8 aircraft which it unveiled for the first time at the Dubai Airshow in November 2017 flydubai becomes first UAE airline to provide direct air links to Kilimanjaro Dubai-based carrier expands network in Africa to twelve destinations with 14 flights a week Kilimanjaro becomes third point in …

Read More »

Why do UAE and Saudi Arabia want to use blockchain?

Last week, the UAE’s central bank announced it was working on a joint cryptocurrency, based on blockchain, with its counterpart in Saudi Arabia Since beginning its dramatic rise in value over a year ago, many commentators have pronounced bitcoin dead, saying instead that the true value of the polarising digital currency was to be found in its underlying technology, blockchain. …

Read More »

Record spending on Expo 2020 to give a big fillip to Dubai’s economy

Infrastructure expenditure is due to rise by 46.5% in 2018, accounting for 21% of total spending. Dubai – A record spending of Dh56.6 billion envisaged in Dubai’s expansionary budget for fiscal 2018 will trigger a major jump in investment spending and provide a major boost to the economy, analysts said. The budget, allocating an increased spending to boost infrastructure efficiency, …

Read More »

E-commerce site Noon to go live in Saudi Arabia tomorrow – CEO

Faraz Khalid says site will begin trading in the kingdom on December 12 Regional e-commerce platform Noon will launch in Saudi Arabia on Tuesday, its chief executive has said. The site, which is backed by Dubai billionaire Mohamed Alabbar and the kingdom’s sovereign wealth fund, the Public Investment Fund, launched in the United Arab Emirates at the end of September, …

Read More »

Digitisation at the centre of ENBD’s retail growth strategy

UAE and the region are ready for digital only banks Dubai: Digital initiatives have been a key focus area for Emirates NBD’s service delivery much before digital transformation became a buzzword in the region’s financial services industry. Even as the banking sector is busy figuring out a way to address the digital challenges posed by Fintech and disruptive banking technologies, …

Read More »

A long shot: MENA employers receive 1,000 applications per job – Bayt.com CEO

11Zawya Express presents the top story, topic or trend highlighted by our editorial team as recommended reading to start your working day. The Middle East and North Africa region has witnessed a massive growth in the number of jobseekers since 2011, but the number of jobs available has been declining, according to the chief executive of a regional jobs website, …

Read More »

World Bank agrees $1.15bn loan to Egypt

World Bank has approved $1.15bln in a development policy financing loan to support Egypt’s economic reform programme. The World Bank has approved $1.15 billion in a development policy financing loan to support Egypt’s economic reform programme. This loan is the last in the series of three annual loans—called the Fiscal Consolidation, Sustainable Energy, and Competitiveness Development Policy Financing loans – …

Read More »

Almas Jiwani Joins Heads of State & Leaders at the Africa 2017 Forum in Egypt

Almas Jiwani will join heads of state and government as well as high level business leaders, officials and policy makers in Africa and the world in order to discuss a wide range of business and development issues in the continent and to engage with some of Africa’s most important economic partners and stakeholders at the Africa 2017 Forum, held under …

Read More »

Sale of the century? $300bln Saudi state sell-off moves slowly

Privatisation critical to economy in era of cheap crude. DUBAI/RIYADH: Saudi Arabia’s $300-billion privatisation programme was billed as the sale of the century when Crown Prince Mohammed bin Salman unveiled his plan to great fanfare. Nineteen months later, it is moving at a snail’s pace, bankers, investors and analysts familiar with the process say. The main problems they cite are …

Read More »