Archer Aviation (ACHR) shares soared 10% this week after the company secured a major regulatory breakthrough in the United Arab Emirates, bringing its long-awaited flying taxi launch closer to reality. Archer Aviation is an aerospace company developing electric flying taxis, also known as eVTOL aircraft (electric vertical take-off and landing aircraft). The rally comes ahead…
Reem Finance has completed its conversion into Reem Bank (RB), after receiving a community banking license from the Central Bank of the United Arab Emirates (CBUAE), according to a press release published on Zawya. Reem Bank is licensed and regulated by the CBUAE and is part of the portfolio of Judan Financials, IHC’s financial services…
TimesofIndia.com in New Delhi: How many days do you think one needs to recover from the heartbreak of falling in a double Super Over? Five days, is it enough? Well, Afghanistan flirted with the possibility of another Super Over, or even a defeat, but eventually overcame the finish line by five wickets, with four balls…
MHA, the UK member of Baker Tilly International, has agreed to acquire Moore Stephens and Moore Stephens Consulting, known collectively as MS UAE. MHA expects to pay total consideration of £7.4 million ($9.8 million) under the terms of the agreement. The acquisition aims to support MHA’s goal of expanding its international reach by targeting select…
The West’s push to rebuild its influence in Mesopotamia, the geographic and geopolitical heart of the Middle East, has entered a new phase in recent months, with many major American and European oil and gas companies returning to Iraq after a long hiatus. The key objective is to break the long-standing bond between Iran and…
