Business & Money | Thursday 6 October, 2022 12:35 pm

Saudi Ministry of Economy and Planning, Saudi Economic Association boost training, research, data flows

Saudi Arabia’s Ministry of Economy and Planning (MEP) signs a Memorandum of Understanding with the Saudi Economic Association to accelerate research, training and data exchange amid a flurry of new agreements. Both parties will promote closer cooperation on economic research, capacity...

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Business & Money | Thursday 6 October, 2022 8:15 am

Elaf Group Moves to New Jeddah HQ

Group CEO Dr. Ezzat:  “The move to our new HQ marks the Kingdom’s growth” Elaf Group, a leader in Saudi Arabia's hospitality, travel, and tourism sectors, inaugurated its new headquarters in Jeddah on Wednesday. The move comes as part of the group’s new modernization and...

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Business & Money | Wednesday 5 October, 2022 6:46 pm

Geidea partners with National Finance Company to provide Saudi SMEs easy access to capital and loan financing

Geidea, a leading Fintech company in Saudi Arabia, has partnered with Wataniya Finance Company, a renowned finance company in the Kingdom to simplify loan financing and repayments for businesses based in Saudi Arabia. Through this new partnership, merchants will be able to directly transact...

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Business & Money | Wednesday 5 October, 2022 6:23 pm

Ground-breaking SWIFT innovation paves way for global use of CBDCs and tokenised assets

Breakthrough solves major challenge in digital ecosystem developmentShows how digital currencies and assets could be used at scale across borders by leveraging existing financial infrastructure 14 central and commercial banks already testing new CBDC solutionSWIFT has successfully shown that...

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Business & Money | Wednesday 5 October, 2022 5:56 pm

Arab Financial Services (AFS) and Al Wafa Bank Partner for Payments Processing Services

Arab Financial Services (AFS) has signed an agreement with Al Wafa Bank, Libya to provide prepaid card processing services and a range of digital payments value-added services to the Bank. As the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, AFS’s...

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Business & Money | Wednesday 5 October, 2022 12:23 pm

HUB71 STRENGTHENS LEADERSHIP TEAM WITH APPOINTMENT OF NEW DEPUTY CEO

Ahmad Ali Alwan appointed Deputy Chief Executive Officer of Hub71Newly created position to support long-term growth plans of Abu Dhabi’s global tech ecosystemHub71, Abu Dhabi’s global tech ecosystem powered by Mubadala, has appointed Ahmad Ali Alwan Deputy Chief Executive Officer. The...

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Business & Money | Wednesday 5 October, 2022 11:57 am

New FedEx Research Shows E-commerce Opportunities Set to Grow for SMEs Under ‘New Normal’

The FedEx survey that focused on key markets across Asia showed similar trends to the MENA region  The latest e-commerce trends from research commissioned by FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world's largest express transportation companies, in some of...

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Business & Money | Wednesday 5 October, 2022 11:50 am

Avaya and Alcatel-Lucent Enterprise Announce Next Phase In Strategic Partnership

Companies announce evolution of partnership that enables organizations to more easily innovate without the need for operationally disruptive technology replacement initiatives.  Avaya (NYSE:AVYA) and Alcatel-Lucent Enterprise today announced at GITEX Global the next phase of their...

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Business & Money | Wednesday 5 October, 2022 11:43 am

Over 3000 people enrol for the RAK Diabetes Challenge

Participants attend the first ‘Diabeat Webinar’ to learn about the diabetes prevention and management strategies Losing 5-10 percent body weight can lower your risk of developing diabetes by 58 percent. MENA region to see diabetic population rise by 87% by 2045 The 12-week...

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Business & Money | Wednesday 5 October, 2022 11:19 am

A billion-dollar investment Launch of Center3 to enhance digital economy growth in KSA

stc Group, the leading digital enabler, inaugurated one of its largest and significant projects, Center3 Company, the digital regional center for the Middle East and North Africa. The new company will be the owner of the digital infrastructure assets owned by stc Group, including data centers,...

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