The asset management industry continued its unprecedented growth trajectory in 2021, with the Middle East’sAssets under Management (AuM) rising by 16% to $1.2 trillion, significantly above the 10-year growth average according to a new report by Boston Consulting Group (BCG). Retail investors have become one of the most important investor segments, outpacing institutional AuM as
MAGRABi, the region’s leading optical retailer, today announces that during 2022, it will be investing Dh84m across 57 stores in KSA, UAE, Qatar, Egypt and Kuwait. The initiative, one of the biggest investments in the company’s history, consolidates MAGRABi’s position as the leading optical retailer across the Middle East and includes 16 new openings for
A collaborative study led by a researcher at American University of Sharjah (AUS) has recently published the detailed chemical composition of three star clusters in the Large Magellanic Cloud, a smaller companion galaxy of the Milky Way that is 160,000 light years away, to contribute to understanding the history of the universe. “Different chemical elements
There is no denying that the hard work undertaken by medical professionals throughout the Covid-19 pandemic has inspired many students to enter a career in medicine. But with heightened interest, also comes heightened competition. St. George’s University (SGU) School of Medicine highlight how our future doctors’ can embark on the journey before they even start
Daimler Commercial Vehicles MENA FZE (DCV MENA) is excited to announce the launch and availability of the benchmark setting Mercedes-Benz Econic trucks across the Middle East and North Africa. First introduced in 1998, the Econic has enjoyed significant success in multiple European markets for over two decades due to its safety, efficiency, ergonomics and reduced impact on the
Virtual credit cards are becoming an emerging trend in the Middle East and North Africa with growing consumer demand for more secure payment options, reveals Tribal. According to Tribal, a global company that provides integrated financial solutions for startups across the Middle East, its customers in the MENA use an average of 25.4 virtual cards.
KrayemAlEnazi, President of the National Committee for Precious Metals and Gemstones officially inaugurated Riyadh International Luxury Week on Tuesday 24th May. Guest of honour Prince Bandar bin Abdullah bin Abdulaziz bin Msaad bin Galaw Al Saud also visited the event on the opening day. Taking place at the Al Faisaliah hotel and running until Saturday