Money

UK businessman fights Lebanese banks over $4.6m transfer block

A British-Lebanese businessman is suing two banks who refused to transfer $4.6 million out of Lebanon following the 2019 economic crisis. Vatche Manoukian, 42, repeatedly...

ADQ, Alpha Dhabi, Etisalat and FAB unveil $626m digital banking platform Wio Insurance

Abu Dhabi holding company ADQ received in-principle approval from the Central Bank of the UAE to launch Wio, a new digital banking platform. The total invested capital in the...

UAE: Big Ticket Abu Dhabi lucky draw winner Indian expat who lives in Qatar

Indian expat Anas Melethalakkal has won Dh500,000 in Big Ticket’s first electronic draw held this month in Abu Dhabi. Melethalakkal, who is based in Qatar,...

Raise of $1.06bn revenue for 2021 while shares surge on stock market debut

Revenue grew 14 percent year-on-year driven by volume growth, business diversification and new partnerships

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