Business & Money | Thursday 3 August, 2023 1:54 am

Anker Innovations Partners with ABM Kuwait for Local Distribution in Kuwait

Anker Innovations, a global leader in consumer electronics and technology, today announced its new partnership with Kuwait-based distributor ABM Kuwait (Arab Business Machine), further expanding its presence across the GCC region.   Leveraging its vast Value-Added ...

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Business & Money | Thursday 3 August, 2023 1:03 am

Mubadala invests in US-based Aligned Data Centres

Mubadala Investment Company (Mubadala), the Abu Dhabi sovereign investor, today announced it has invested in Aligned Data Centres (Aligned), a leading pan-Americas data centre company headquartered in the U.S. With this investment, Mubadala will become a minority partner alongside majority partners ...

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Business & Money | Thursday 3 August, 2023 12:07 am

Alinma Pay and Huawei Mobile Services (HMS): Revolutionizing the Digital Payment Landscape in Saudi Arabia

In December 2019, Alinma Pay, a leading digital payment app from Saudi Arabia, embarked on a groundbreaking collaboration with Huawei Mobile Services (HMS) to bring secure and convenient digital transactions to Huawei users in Saudi Arabia. This partnership marked a significant milestone for Alinma ...

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Business & Money | Thursday 3 August, 2023 12:05 am

ADDLESHAW GODDARD MIDDLE EAST LAUNCHES INVESTMENT FUNDS PRACTICE WITH APPOINTMENT OF MARKET LEADER PHILIP DOWSETT

Addleshaw Goddard has announced the appointment of Philip Dowsett to spearhead the launch of an Investment Management and Funds practice servicing clients operating to and from the Middle East.  Philip joins the Dubai office of Addleshaw Goddard from Dechert and has operated across the...

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Business & Money | Tuesday 1 August, 2023 12:55 pm

"Jazeera Paints" launches Employee Health Day

The leading company in the field of paints, colors, and construction solutions, "Jazeera Paints" launched an Employee Health Day event under the theme "Your Health is Your Future" at the administration headquarters in Riyadh to highlight the importance of continuity and sustainability of work...

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Business & Money | Tuesday 1 August, 2023 12:54 pm

Dubai's Department of Finance organises training programme on 'Green Government Procurement'

The Department of Finance (DOF) for the Government of Dubai has successfully implemented a training programme on the Green Government Procurement (GGP) involving all government entities related to Government Procurement system.A series of three specialised workshops were held for employees working...

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Business & Money | Tuesday 1 August, 2023 12:50 pm

Aldar Properties net profit rises by 52% to AED 1.3 billion in Q2 2023

Aldar Properties reported a net profit of AED 1.3 billion in the second quarter of 2023 (Q2 2023), recording an increase of 52 percent, Driven by record development sales and strong contributions from its recurring income portfolio.The value of revenues amounted to about AED 3.2 billion,...

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Business & Money | Tuesday 1 August, 2023 12:37 pm

DIFC’s H1 2023 performance strengthens Dubai’s position as global finance and innovation hub

The Dubai International Financial Centre (DIFC) witnessed exceptional growth in the first half of 2023, with 661 new entities registering during the period in the centre, an impressive double-digit growth of 23% year-on-year.DIFC's performance reinforces its growing role in shaping the future of...

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Business & Money | Tuesday 1 August, 2023 11:15 am

Forbes Middle East Unveils The Trailblazing Top 100 Arab Family Businesses 2023

Forbes Middle East has revealed its flagship annual list of the Top 100 Arab Family Businesses for 2023, showcasing MENA’s most exceptional legacy businesses that have not only endured through generations but are now making waves on the region’s stock markets.  Determined to...

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Business & Money | Tuesday 1 August, 2023 11:09 am

Azizi Developments sells 99% of Beach Oasis I and II

Azizi Developments, a leading private developer in the UAE, has announced the sale of 99% of its 762 Beach Oasis units, comprising studios, one-bedroom apartments, and two-bedroom residences. Beach Oasis is a vibrant mixed-use community with two buildings in one of the emirate’s most dynamic and...

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