Government | Sunday 9 July, 2023 9:05 am

Finance minister approves model arbitration agreement with SCCA

Mohammed Al-Jadaan, Minister of Finance, approved the model arbitration agreement and model arbitration agreement with the Saudi Center for Commercial Arbitration (SCCA).   Pursuant to Article 13 of the government tenders and procurement law, the minister shall approve the model...

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Business & Money | Sunday 9 July, 2023 9:02 am

Monsha'at says 1,041 SMEs benefit from Tomoh, 3 go public on Nomu in 2023

The Small & Medium Enterprises General Authority (Monsha'at) said 1,041 small and medium-sized enterprises (SMEs) leveraged the Fast-Growing SMEs Services Program (Tomoh), which provides 30 services under four high-growth programs.   Tomoh has supported the offering of three ...

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Government | Sunday 9 July, 2023 9:00 am

Cabinet approves amending off-plan sales or rent regulations

Saudi Arabia’s Cabinet approved amending residential unit off-plan sales or rent regulations by replacing the “Ministry of Municipal, Rural and Housing Affairs” with the “Real Estate General Authority (REGA)” and the “Minister of Municipal, Rural and Housing Affairs” with the “Board ...

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Business & Money | Sunday 9 July, 2023 8:56 am

Emirates NBD to transform business operations and enhance productivity with generative AI

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region has announced a transformation focused on harnessing the power of generative AI to change Emirates NBD’s operations and enhance productivity across various business functions supported by Microsoft. ...

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Business & Money | Sunday 9 July, 2023 8:53 am

Sharakah and Muscat Finance collaborate to drive SME growth and support Green initiatives

To empower SME growth and foster impact investment in Oman, Sharakah and Muscat Finance have joined forces through a Memorandum of Understanding (MOU). Ali bin Ahmed Muqaibal, CEO of Sharakah, and Hussain Al Lawati, CEO of Muscat Finance, signed the MOU in a ceremony. By harnessing...

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Business & Money | Saturday 8 July, 2023 8:19 am

UAE Banks Federation hosts seminar on future of open banking and finance

UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, organised a virtual seminar on the prospects of open banking and finance on the 22nd of June, 2023. Several experts from the financial technology and banking sectors and senior executives of member banks of the...

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Technology & IT | Saturday 8 July, 2023 8:13 am

Moro Hub and Riverbed Host a Collaborative Event to Empower UAE Government Entities with Unified Observability Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), successfully hosted an event in collaboration with Riverbed Technology, a leader in unified observability, to raise awareness among key UAE government entities about the transformative benefits...

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Tourism & Hospitality | Saturday 8 July, 2023 8:02 am

Oman Air Signs Monumental Deal with English Premier League Club, Chelsea FC

Oman Air has announced a monumental new sponsorship deal with Chelsea FC that will see Oman Air become the club’s global airline partner for the next three years. Chelsea FC is one of the highest ranking clubs in the English Premier League, which is considered the most followed and best-known...

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Technology & IT | Saturday 8 July, 2023 7:58 am

Kaspersky reveals top-three vacation-season scams

With the vacation season in full swing, people around the world are searching for enticing travel destinations, affordable accommodations, and reasonably priced flights. Kaspersky researchers have observed fraudsters taking advantage of unsuspecting users by offering cheap airline tickets, booking...

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Technology & IT | Saturday 8 July, 2023 7:57 am

Tenable Named Snowflake’s Cybersecurity Partner of the Year

Tenable®, the Exposure Management company, today announced at Snowflake’s annual user conference, Snowflake Summit 2023, that it has been named the 2023 Cybersecurity Partner of the Year award winner by Snowflake, the Data Cloud company. Tenable was recognized for its Tenable One...

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