Business & Money | Tuesday 30 June, 2020 5:31 am

Mamo Pay Joins Visa Fintech Fast Track Program

Mamo Pay (www.mamopay.com), the MENA region’s highly anticipated peer-to-peer mobile payments app, today announced that it has joined Visa’s Fintech Fast Track program, allowing Mamo Pay to reach a wider audience, and benefit from the capabilities, and security of VisaNet, Visa’s global...

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Business & Money | Tuesday 30 June, 2020 5:27 am

APICORP issues a benchmark USD750 million 5-year bond

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, today announced the issuance of a benchmark USD750 million dollar-denominated five-year bond in the RegS markets.   The latest issuance, part of APICORP’s USD3 billion...

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Business & Money | Monday 29 June, 2020 10:29 am

Policy Priorities to Promote a Robust Post-COVID-19 Recovery in GCC Countries and IMF Outlook for Oil Exporting Countries

The International Monetary Fund (IMF) and Al-Iktissad Wal-Aamal Group are organizing a Webinar titled: Policy Priorities to Promote a Robust Post-Covid19 Recovery in the GCC Countries on Tuesday 30 June 2020 at 14:00 pm Riyadh time, 15:00 pm Abu Dhabi time. The Webinar will discuss the impact...

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Business & Money | Monday 29 June, 2020 5:08 am

Careem and Visa sign landmark partnership to accelerate cashless payments and digital financial inclusion across Middle East and North Africa region

Careem, the internet platform for the greater Middle East, and Visa (NYSE: V), the world’s leader in digital payments, have partnered to expand digital financial inclusion across the Middle East and North Africa region by integrating Visa credentials into the Careem Pay Super App and providing...

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Business & Money | Monday 29 June, 2020 4:10 am

Infath and THIQAH Signing Online Auction Service Provider Approval Agreement

Entrustment and Liquidation Center (infath) and THIQAH Business Services signed a business agreement. Based on this agreement, the platform of the online auction of THIQAH is approved as a sale channel for sale agents who are entrusted with liquidations projects by infath Center. The agreement was...

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Business & Money | Monday 29 June, 2020 2:17 am

OSN takes new streaming service to the market with Snapchat

OSN, the region's leading entertainment network, recently partnered with Snapchat to bring the excitement of its top-rated series and blockbuster movies into the hands of more audiences across the region using the power of augmented reality (AR).The main goal of the campaign was to increase...

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Business & Money | Monday 29 June, 2020 2:11 am

Bahri operates cargo flights to transport medical equipment and supplies to KSA

In continuation of its ongoing efforts to support the Ministry of Health’s initiatives to contain and combat COVID-19 and as part of its SAR 10 million worth of services donated to the Ministry, Bahri, a global leader in logistics and transportation, has been operating cargo flights from China to ...

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Business & Money | Monday 29 June, 2020 1:13 am

Applying precautionary measures for a safer shopping experience; Red Sea Mall re-open over 2 phases

Red Sea Mall has resumed operations after the period of temporary closure due to the spread of the Covid-19 pandemic. This step was based on the decision of the Saudi government to allow shopping centers to resume their activities following precautionary measures to confront the Corona pandemic....

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Business & Money | Sunday 28 June, 2020 4:30 pm

Imdaad launches new disinfection service for 
businesses and household customers

Imdaad, a Dubai-based group of companies that provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets, today announced the launch of its new disinfection service, the Infinite Protection Package. The new service will be spearheaded by ...

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Business & Money | Sunday 28 June, 2020 2:18 pm

Emirates Islamic thanks UAE’s healthcare professionals during COVID-19 pandemic

As part of ongoing initiatives to honour the efforts of the UAE front-line workers protecting citizens and residents during the ongoing COVID-19 pandemic, Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has introduced special offers on a host of banking products and...

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