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BUSINESS

BUSINESS latest

Techstars and Emirates NBD partner to accelerate enterprise-grade AI and FinTech solutions across the MENAT region
July 6th, 2026 - 07:41 GMT

Techstars and Emirates NBD partner to accelerate enterprise-grade AI and FinTech solutions across the MENAT region

Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, and startup accelerator Techstars, announced a strategic partnership centred on a commercially-driven "Acceleration-to-Enterprise" model to integrate high-growth AI and FinTech innovations directly into the bank's regional ecosystem encompassing multiple markets. Combining Techstars' global pipeline of over 11,000 founders with the bank's advanced analytics infrastructure, which currently manages over 50 active AI use cases, will deliver scalable, commercial pathways for agentic FinTech startups focusing on compliance, wealth management, SME banking and capital markets. This initiative ...
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The ratings agency said that the downgrades reflect a substantial increase in the risk of a downside scenario, where a further negative shift in investor sentiment could lead to a curtailing of wholesale funding. (Shutterstock)
August 29th, 2018 - 11:42 GMT

Moody's Downgrades 20 Financial Institutions in Turkey

Consumer prices rose by 2.2 percent year-on-year in July compared to 2.1 percent in June, an increase driven by increasing food prices, particularly vegetables. (Shutterstock)
August 29th, 2018 - 11:36 GMT

Rising Food Costs Push up Inflation Rate in Saudi Arabia

Nojoom Business Programme
August 29th, 2018 - 11:35 GMT

Ooredoo Nojoom Business Programme Adds a Host of Retail Benefits

During the ceremony
August 29th, 2018 - 11:24 GMT

Alef Group Awards Al Mamsha Construction Contract to Al Hamad Group of Companies

Ahmad Bin Shafar, CEO of Empower.
August 29th, 2018 - 11:15 GMT

Empower Gears up to Host 8th Idea District Cooling Conference & Tradeshow 2018 in Dubai

The King was advised that the IPO would undermine the Kingdom’s economy instead of helping it and their main concern was that it would bring full public disclosure of Aramco’s financial details. (AFP)
August 29th, 2018 - 10:37 GMT

Saudi Arabia Calls off Aramco IPO Plans

Prices had gone up in the month of August as well, compared to the previous month. (Shutterstock)
August 29th, 2018 - 10:27 GMT

Petrol Prices to Rise in UAE Starting September

Speaking to German business representatives and ambassadors at the Foreign Ministry, Heiko Maas criticized U.S. President Donald Trump’s sanctions and his economic pressure policy towards Turkey. (Shutterstock)
August 29th, 2018 - 09:53 GMT

Unlike US, EU Wants a Stable Economic Development in Turkey

Key UBF’s initiatives included a cybersecurity intelligence platform, a compliance framework assessment, and an ethical selling framework.
August 29th, 2018 - 09:50 GMT

UAE Banks Federation’s 2017 Annual Report Reaffirms a Robust and Resilient UAE Banking Industry

The UAE team includes Ahmed Habib Al Gharib, general manager of Humaid Bin Rashid Al Nuaimi Foundation for Human Development- Ajman and the full team of the Locus Chain Mena Office in Dubai. (Shutterstock)
August 29th, 2018 - 09:45 GMT

UAE Participates in Global Blockchain Summit

Qatar Foundation initiative focuses on future of education at groundbreaking New York forum
August 29th, 2018 - 09:39 GMT

World Innovation Summit for Education Announces Wise@NY Program for UN Global Goals Week

According to an economic expert, the inclination to suspend the issuance and renewal of work permits for expatriates above the age of 60 who work in the private sector is not suitable. (Shutterstock)
August 29th, 2018 - 09:37 GMT

Experts Raise Concerns Over New Visa Rules in Kuwait

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