Business & Money | Thursday 31 October, 2024 11:52 am

KoçSistem and SBM announce strategic partnership

Riyadh —  KoçSistem, a leading Turkish technology company with a long-standing history, is actively forming regional partnerships with global tech firms. The company has recently signed an agreement with Saudi Business Machines (SBM), Saudi Arabia’s leading provider of end-to-end...

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Business & Money | Thursday 31 October, 2024 10:34 am

Mayar’s subsidiary to manufacture elevators of Chinese firm in Saudi Arabia

Mayar Holding Co. said that its subsidiary, Gulf Elevators & Escalators Co. Ltd signed a partnership agreement with China’s Shenyang Yuanda Intellectual Industry Group Co. to manufacture its elevators and escalators products in Saudi Arbia.The company will also upgrade and develop the current ...

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Business & Money | Thursday 31 October, 2024 10:28 am

Aljazira Capital Partners with ATEL Capital Group and Guidance Investments to Launch Ijarah – A Shariah-Compliant Leasing Venture in Saudi Arabia

Aljazira Capital, a leading Saudi investment firm and subsidiary of Bank Aljazira, has entered a strategic partnership with ATEL Capital Group and Guidance Investments to launch, Ijarah, a groundbreaking Shariah-compliant operating lease business for essential equipment in Saudi Arabia. This joint...

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Business & Money | Thursday 31 October, 2024 10:15 am

Dubai real estate collaboration can build ‘greatest city in the world’

Dubai’s growing assembly of more than 22,900 real estate brokers can combine to help build the greatest city in the world through a shift to more collaborative practices. That is the vision behind a first of its kind educational programme aimed at transforming the Dubai property market, with ...

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Business & Money | Thursday 31 October, 2024 10:13 am

Celebrating Leadership in Saudi Community Empowerment and Development Zain KSA Wins Gold at CSR 2024

Zain KSA, the leading telecom and digital services provider in Saudi Arabia, announced that it has won the Gold Award in the inaugural edition of the Corporate Social Responsibility (CSR) Award, organized by the Ministry of Human Resources and Social Development. This recognition highlights Zain...

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Business & Money | Thursday 31 October, 2024 10:06 am

TASARU’s Investment in Blacklane Will Accelerate Its Expansion into the Saudi Arabian Market

TASARU Mobility Investments ("TASARU"), a leading investment company wholly owned by the Public Investment Fund ("PIF"), has announced an investment in Blacklane on the sidelines of the 8th Edition of the prestigious Future Investment Initiative ("FII8"). This investment will empower Blacklane to...

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Business & Money | Thursday 31 October, 2024 9:58 am

MOHAMMED BIN RASHID AEROSPACE HUB SIGNS AGREEMENT WITH LIEBHERR-AEROSPACE TO ESTABLISH AN MRO FACILITY AT DUBAI SOUTH

Mohammed Bin Rashid Aerospace Hub (MBRAH), the aerospace platform of Dubai dedicated to the advancement of the aviation industry, signed an agreement with Liebherr- Aerospace to launch a new MRO facility at Dubai South.   The new facility, which will be completed by end of 2025, will ...

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Business & Money | Thursday 31 October, 2024 9:56 am

Geidea and tpay partner to transform digital payments in KSA, Egypt, & UAE Expanding financial access with a comprehensive suite of payment solutions

With digital payments in the Middle East, Turkey, and Africa (META) projected to grow at a compound annual rate of approximately 17.7% from 2023 to 2030, the region’s payment landscape is set for substantial evolution. Geidea, one of the region’s leading financial technology companies, has...

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Business & Money | Thursday 31 October, 2024 9:49 am

ADX and FTSE Russell Launch FTSE ADX 15 Islamic Index to Meet Growing Demand for Shariah-Compliant Investments

 FTSE Russell, an LSEG business, and Abu Dhabi Securities Exchange (ADX) are pleased to announce the launch of the FTSE ADX 15 Islamic Index (FADXI15). This new index leverages FTSE Russell’s recognised index expertise to augment ADX’s leading role in the GCC region and establish the...

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Business & Money | Thursday 31 October, 2024 9:45 am

KOSA Visits Aramco in Saudi Arabia KOSA’s member MegazoneCloud Signs MOU with Saudi Arabia’s leading energy company Aramco

Korea Software Industry Association ("KOSA") has announced that MegazoneCloud, its member, has signed a Memorandum of Understanding (MOU) with Aramco, one of the world’s leading integrated energy and chemicals companies, on October 13, 2024, at the Saudi Accelerated Innovation Lab...

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