Business & Money | Sunday 18 June, 2023 8:49 am

Mastercard partners with Bankiom to issue virtual prepaid cards across GCC region

Mastercard is partnering with Bankiom, a UAE-based lifestyle banking app, to introduce digital payment cards across the UAE, Saudi Arabia, Bahrain, Kuwait, and Oman. This partnership marks a significant stride in Mastercard's ongoing commitment to advancing digitalization in the payments landscape...

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Business & Money | Sunday 18 June, 2023 8:34 am

ADDED and Valeo to develop mobility sector in Abu Dhabi

The Abu Dhabi Department of Economic Development (ADDED) and Valeo have reached a strategic agreement to develop the industrial sector and avail the opportunity to Valeo to design and manufacture electric and autonomous driving car components in the emirate of Abu Dhabi. The partnership aims...

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Business & Money | Sunday 18 June, 2023 8:23 am

Private sector must take further action to retain Emirati talent, finds latest survey from PwC Middle East

PwC Middle East has issued its first-ever 2023 Emiratisation Survey, The Retention Riddle: How to keep Emirati talent in the private sector, that explores how the UAE is actualising the country’s national vision mandate of boosting Emirati representation in the private-sector...

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Business & Money | Sunday 18 June, 2023 8:04 am

Emarat Unveils 'Emarat Millionaire' Campaign through EmCan loyalty app

Emirates General Petroleum Corporation unveiled the 'Emarat Millionaire' campaign, powered by EmCan, Emarat's loyalty app, offering customers a chance to win AED 1 million.Customers who spend AED 35 or more on non-fuel products at Emarat stations can enter a digital raffle. Scanning the QR code on...

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Business & Money | Sunday 18 June, 2023 8:00 am

RAKEZ showcases lucrative business prospects for Indian investors looking to expand to the UAE

Ras Al Khaimah Economic Zone (RAKEZ) recently concluded a successful business roadshow across key Indian cities, including Mumbai, Hyderabad and Ahmedabad. The roadshow aimed to provide Indian business owners with an overview of the potential of expanding their operations in the Middle East through ...

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Business & Money | Saturday 17 June, 2023 2:46 am

MAWANI opens new logistics zone at Jeddah Islamic Port

The Saudi Ports Authority (MAWANI), in partnership with LogiPoint, a subsidiary of Saudi Industrial Services Co., opened a new 72,000 square meter-logistics development at Jeddah Islamic Port with an investment of SAR 150 million.   In a statement, MAWANI said the new zone provides...

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Business & Money | Thursday 15 June, 2023 6:33 pm

Keolis MHI Joins Dubai Health Authority's Blood Donation Drive

to Celebrate World Blood Donors Day Keolis MHI, a leading transportation company and the operator of Dubai Metro and Tram, proudly participated in the annual blood donation drive organized by the Dubai Health Authority (DHA) to commemorate World Blood Donors Day. This initiative reflects...

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Business & Money | Thursday 15 June, 2023 12:55 pm

Olayan Financing Company participates and purchases credits in world's largest carbon credit auction in Nairobi

Olayan Financing Company participated and purchased in the second Regional Voluntary Carbon Market Company's (RVCMC) carbon credit auction, held from 13 to 14 June 2023 in Nairobi, Kenya. The auction marked a significant milestone, with over 2 million tons of high-quality,...

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Business & Money | Thursday 15 June, 2023 11:46 am

Top Japanese architect expands operations in Dubai cementing 30-year pedigree in the emirate

Leading Japanese architectural, engineering, and urban design firm, Nikken Sekkei, one of the world’s largest practices, celebrated the launch of the company’s local subsidiary and new office in Dubai Design District (D3) at a glittering reception in Dubai...

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Business & Money | Thursday 15 June, 2023 9:10 am

Jada Fund of Funds Company commits to invest in Investcorp’s $500 million Saudi Pre-IPO Growth Fund

Investcorp, a leading global alternative investment firm, has announced that Jada Fund of Funds, a subsidiary of the Public Investment Fund (PIF), has committed to invest in Investcorp Saudi Pre-IPO Growth Fund (the “Fund”). The Fund was launched last year to invest in a diversified portfolio...

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