Business & Money | Sunday 4 February, 2024 3:52 pm

Al-Hogail sees global desire to finance Saudi Arabia’s real estate projects

There is an international desire to finance Saudi Arabia’s real estate projects through diverse products, Minister of Municipal and Rural Affairs and Housing Majid Al-Hogail, told Al Arabiya. He added that the ministry aspires to issue real estate financing bonds (local and international)...

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Business & Money | Sunday 4 February, 2024 3:47 pm

SingleView awarded as “The Most Innovative Open Banking Solution Provider in Saudi Arabia” in 2023

SingleView, the pioneering fintech company based in Saudi Arabia, was honored as “The Most Innovative Open Banking Solution Provider in Saudi Arabia” at the 11th International Finance Ceremony held last Thursday in Dubai, UAE. This prestigious award acknowledges SingleView's distinctive...

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Business & Money | Sunday 4 February, 2024 10:16 am

OPEC Fund delivers record results in 2023 with US$1.7 bn in development funding

The OPEC Fund for International Development, a multilateral development finance institution headquartered in Vienna, Austria, expanded its new commitments to US$1.7 billion across 55 projects globally in 2023, providing funding to address climate change and energy transition, support social and...

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Business & Money | Sunday 4 February, 2024 10:15 am

Dubai Customs Champions Global Anti-Drug Efforts, Facilitating Foiling of 2.8 Tons Worldwide

Numerous customs authorities and diplomatic bodies around the world have expressed thanks to the United Arab Emirates for its collaborative endeavors in combatting drug trafficking. Dubai Customs, in particular, has been praised for its active international cooperation with relevant agencies in...

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Business & Money | Sunday 4 February, 2024 10:06 am

solutions acquires 40% of Devoteam Middle East for SAR 741.7M

Arabian Internet and Communications Services Co. (solutions) completed, on Feb. 1, the acquisition of a 40% stake in Devoteam Middle East (DME) for cash consideration for the entire acquisition amounting to AED 726.3 million (approximately SAR 741.7 million) for 100% Enterprise...

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Business & Money | Sunday 4 February, 2024 10:04 am

Registration Now Open for Inaugural IBPC Corporate Quiz

Come March 2nd and corporate teams from across the UAE will compete for honours in the region’s inaugural IBPC Corporate Quiz 2024. The competition is open to all quizzing enthusiasts representing regional-based organisations. If you think you have what it takes, you and a colleague can...

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Business & Money | Sunday 4 February, 2024 10:02 am

du achieves the Best Culture & Employee Engagement in the Region with 81% Rating in Glint's Index

du, from Emirates Integrated Telecommunications Company (EITC), today announced results of the Culture & Employee Engagement Index survey conducted through Glint, a technology company by LinkedIn that provides employee engagement and people development solutions. Driven by its...

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Business & Money | Sunday 4 February, 2024 9:37 am

CFO StraTech 2024 KSA: Empowering CFOs as Architects of Strategic Transformation

In an era of unprecedented change, the role of the CFO has transcended traditional boundaries, evolving into a strategic linchpin within organizations. Focused on driving innovation, fostering efficiency, and shaping future strategies, finance leaders now bear a multifaceted mantle of...

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Business & Money | Sunday 4 February, 2024 9:22 am

Municipal Affairs Ministry seeks public feedback on Etmam draft regulations

The Ministry of Municipal, Rural Affairs, and Housing seeks public opinion on the draft regulations of the Developers Services Center (Etmam) through Istitlaa platform no later than Feb. 29, 2024.   Under the regulations, Etmam aims to facilitate real estate development as well as...

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Business & Money | Sunday 4 February, 2024 9:02 am

Individuals start subscription to new ‘Sah’ product today

Subscription to the Ministry of Finance and the National Debt Management Center’s (NDMC) first Shariah-compliant, government-backed savings product for individuals (Sah), starts today Feb. 4. The payout rate for each issue is determined based on market conditions from month to month. The...

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