Business & Money | Wednesday 14 December, 2022 2:46 pm

DAMAC Group celebrates incredible 40-year transformation into one of the most iconic brands in the Middle East

The DAMAC story runs in tandem with the UAE’s success storyCompany now employs over 10,000 and touches the lives of hundreds of thousands of customersDAMAC has diversified its portfolio to include data centres, retail and fashion among othersOn the occasion of DAMAC Group’s 40th anniversary,...

More Details

Business & Money | Wednesday 14 December, 2022 1:58 pm

The Saudi Tadawul Group signs Memorandum of Understanding with Boursa Kuwait

Partnership intends to bolster the growth of capital markets in Kuwait and Saudi Arabia  Boursa Kuwait signed a memorandum of understanding (MoU) with the Saudi Tadawul Group that aims to continue to build on the partnership and form the basis of cooperation between the two stock exchange ...

More Details

Business & Money | Wednesday 14 December, 2022 1:33 pm

SAS Fortifies the Fight Against Money Laundering

It is believed that 2% to 5% of global GDP, or US$800 billion to US$2 trillion, is laundered annually, and this is a conservative estimate. Money laundering is often associated with illicit weapons sales, smuggling, embezzlement, insider trading, bribery, and computer fraud schemes. It is also...

More Details

Business & Money | Wednesday 14 December, 2022 1:03 pm

Differentiated services and demonstrable outcomes top priorities for UAE’s integrated facilities management industry in 2023: Amantra FM

Dubai-headquartered niche facility management company Amantra FM expects over 10% industry growth in 2023, anticipating trends to shift in favour of differentiated services that lead to demonstrable outcomes Amantra FM is bullish on the UAE integrated facilities management industry’s growth...

More Details

Business & Money | Wednesday 14 December, 2022 8:25 am

The Saudi Fund for Development lays the foundation stone for an infrastructure development project in the Republic of Albania

A delegation from the Saudi Fund for Development (SFD), headed by the Director General of Asia Operations at the Fund, Dr. Saud bin Ayed Al-Shammari, laid the foundation stone for the Rehabilitation and Construction of the Facilities Adjacent to the Coastal Road (Vlora – Orikum) project, in the...

More Details

Business & Money | Wednesday 14 December, 2022 8:00 am

Taajeer Al Khalijiah and invygo Sign a Premium Partnership Agreement

Taajeer Al Khalijiah (Saudi Primo), a subsidiary of Taajeer Group, has concluded a Premium partnership agreement with invygo, the leader of car rental and subscription market in the Middle East, through which it aims to operate a fleet of MG models. Eng. Hazm Jamjoom, CEO of the Automotive...

More Details

Business & Money | Tuesday 13 December, 2022 3:30 pm

Meta #LoveLocal campaign returns to support small businesses during the holiday season

#LoveLocal campaign showcases gifts that spark curiosity from small businesses across the MENA region For the third year in a row, Meta is launching a social good campaign “#LoveLocal”/ “حب المحلي#” across Instagram and Facebook to support small and medium-sized businesses ...

More Details

Business & Money | Tuesday 13 December, 2022 3:07 pm

"The Middle East Digital Lending Summit 2022 activates the Future of Payments and optimizes the Region's Digital Lending Credit Wave."

The recently concluded inaugural edition of the Middle East Digital Lending Summit last December 6, 2022, at Pullman Dubai Creek City Centre, Dubai, United Arab Emirates, promised to open a potential opportunity for transformation and change the game in the financial sector ...

More Details

Business & Money | Tuesday 13 December, 2022 1:56 pm

anb successfully implements Disaster Recovery Orchestration and Automation with Kyndryl

anb becomes the first bank in KSA to adopt patented Kyndryl Resiliency Orchestration  anb, a leading banking institution in the Kingdom of Saudi Arabia (KSA), today announced its collaboration with Kyndryl (NYSE), the world’s largest IT infrastructure services company, to ...

More Details

Business & Money | Tuesday 13 December, 2022 12:30 pm

KAFD DMC Enters Strategic Partnership with the United Nations Country Team

The King Abdullah Financial District Development and Management Company (KAFD DMC) has signed a Letter of Understanding with the United Nations Country Team (UNCT) to enhance engagement with the Sustainable Development Goals (SDGs) in Riyadh. KAFD DMC owns and manages the King...

More Details