Will renewed conflict derail Ethiopia's economic growth?
Ethiopia's economy is growing strongly. But renewed fighting in the north of the BRICS member state could deter investment, strain public finances and push up the cost of living.
Business
Dubai tenants, landlords can now register, renew, cancel Ejari contracts using one app
The enhanced Ejari service also allows customers to pay their Dubai Electricity and Water Authority (Dewa) security deposit directly through the DubaiNow app
Business
VCM tracking 30 local, international carbon project developers, CEO tells Al-Eqtisadiah
Saudi Arabia's Voluntary Carbon Market Co. (VCM) has traded over 15 million carbon credits, equivalent to $93.3 million, as the country aims to boost its carbon market amidst high domestic demand for credits. CEO Fadi Saadeh noted that VCM is tracking more than 30 local and international project developers to expand the project pipeline and attract investment, addressing the current imbalance between supply and demand as the nation works towards achieving net-zero emissions by 2060.
Business
JP Morgan Private Bank sets up in DIFC after tripling its Dubai team
The new branch gives the bank a dedicated platform in the Dubai International Financial Centre to serve wealthy clients across the UAE and, where permitted, the wider region