Business & Money | Tuesday 14 July, 2020 2:54 pm

9% of Business in Saudi Arabia using EDR were able to detect cyber-incidents in hours or less

More than a quarter (28%) of companies that have implemented an Endpoint Detection and Response (EDR) solution have been able to detect cyberattacks in just a few hours or even almost immediately after an incident happened. This is higher than the overall results, as on average only 9% of...

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Business & Money | Tuesday 14 July, 2020 1:09 pm

Rafeeg App enters the Commercial Building Maintenance Market

The first Emirati App, “Rafeeg” achieved great success by launching its new updates, which will add significant value to the platform’s existing services. The new feature called “Commercial Buildings Services” is in line with Abu Dhabi’s Government vision and municipality law issued...

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Business & Money | Tuesday 14 July, 2020 1:06 pm

KPMG: Saudi government's agility limits impact of Covid-19 pandemic 

The setting up of governing mechanisms under Saudi Arabia's Vision 2030 to promote intergovernmental collaboration was a big support to the swift response to limit the spread and economic repercussions of Covid-19 pandemic, according to Ismail Daham Alani, Head Government and Public Sector,...

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Business & Money | Tuesday 14 July, 2020 11:59 am

Tadawul Announces the Launch Date of the Saudi Derivatives Market and Index Futures

The Saudi Stock Exchange (Tadawul) announced today that the launch of exchange-traded derivatives will be on 30 August 2020. The first exchange-traded derivatives product is an index futures contract, the Saudi Futures 30 (SF30). This contract is based on the MSCI Tadawul 30 Index (MT30). The...

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Business & Money | Tuesday 14 July, 2020 10:37 am

Emirates Islamic introduces Digital Business Banking package with low minimum balance requirement

The Emirates Mars Mission has announced the link to watch the live streaming of the launch of the "Hope Probe", starting at midnight UAE Time [20:00 GMT] on Tuesday 14 July, on www.emm.ae/live The link provides an opportunity for everyone to witness this historic event, which is the first...

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Business & Money | Tuesday 14 July, 2020 5:43 am

‏Makkah Governor Honours Yusuff Ali

Makkah Governor and Advisor to the Custodian of the Two Holy Mosques Prince Khalid Al Fasal honoured Yusuff Ali MA, Chairman of Lulu Group for his active involvement in the campaign Barran bi Makkah. The campaign, Barran bi Makkah which was held under the aegis of Makah Governor helped families and ...

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Business & Money | Monday 13 July, 2020 1:24 pm

Dubai Investments celebrates 25th anniversary with DFM bell ringing ceremony

Dubai Investments PJSC, a leading Middle East investment and a public joint stock company listed on the Dubai Financial Market (DFM) celebrated its silver jubilee anniversary, marking 25 years of investments in the region, with a bell ringing ceremony at the DFM. The bell ringing ceremony was...

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Business & Money | Monday 13 July, 2020 12:20 pm

The Diplomatic Quarter General Authority in Riyadh Inks First of Its Kind Strategic Deal with TAWAL

The Diplomatic Quarter General Authority has recently partnered with the leading integrated ICT Infrastructure service provider in the Kingdom, TAWAL, for the development of the area’s telecommunication infrastructure. The strategic partnership is first of its kind in Saudi Arabia through which...

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Business & Money | Monday 13 July, 2020 11:38 am

Moro Hub inaugurates its Smart Cities Command and Control Centre contributing to Dubai 10X initiatives

HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA) has inaugurated today the Smart Cities Command and Control Centre of Moro Hub (Data Hub Integrated Solutions), a wholly-owned subsidiary of DEWA. As a Dubai 10X enabler, Moro Hub's new centre provides services...

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Business & Money | Monday 13 July, 2020 10:33 am

The Red Sea International Airport Takes Off with a Contract Award to Nesma & Partners and Almabani

The Red Sea Development Company (TRSDC), the developer behind one of the world's most ambitious tourism initiatives, has awarded its largest value contract to date for airside infrastructure works for the destination’s international airport, set to open in 2022.  The contract was...

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