middle east
- Business
Chinese EV company XPENG to expand into UAE
Chinese electric vehicle giant sets sights on EMEA market Chinese EV manufacturer XPENG has unveiled ambitious plans to expand its…
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Turkish contractors to play key role in Saudi Arabia’s project
Erdal Eren, President of the Turkish Contractors Association (TMB), stated that Turkish contractors will play a key role in Saudi…
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UAE’s multimillionaire business owners plan global expansion
55% are eyeing Europe, while 42% are looking at Middle East and 23% are interested in Asia, according to a…
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Middle East jobs market more competitive in 2024: Survey
An influx of talent to the region has increased demand for roles, Bayt.com says About 73 per cent of working…
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Turkish firm secures Saudi water storage EPC contract
The team that won the contract to develop and operate Saudi Arabia’s first major independent strategic water reservoir (ISWR) project…
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BNPL fintech Tabby lands $700 million debt facility from JP Morgan
The deal, which comes just one month after Tabby raised $200 million in a Series D equity round, is supposedly…
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Bitcoin miner Phoenix Group makes $2.47 Billion trading debut in Abu Dhabi rising 50%
The miner shares’ price surged on its first day of trading following $2.47B IPO Middle East-based Bitcoin (BTC) miner Phoenix…
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Mastercard partners with areeba to boost fintech companies in Middle East
The two entities will team up to provide new Mastercard card-as-a-service (CaaS) and bank-as-a-fintech (BaaF) propositions Mastercard has entered a…
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Dubai firm to buy 100 air taxis worth $500 million from Archer Aviation to expand in Middle East
The company, Air Chateau, plans to order the Midnight electric vertical take-off and landing aircraft Air Chateau International, a Dubai-based…
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