KASCO Group, a leading conglomerate that specializes in oil and gas trading, shipping and marine services, has used Avaya technology to create a connected environment that enables real-time communications between its global fleet of 16 vessels and its new headquarters in Dubai. The ...
The UAE's embrace of DevSecOps signifies a revolutionary shift in cybersecurity. Integrating security seamlessly into development processes enhances the nation's security posture, swiftly addressing vulnerabilities and safeguarding critical data. This proactive approach fosters accelerated...
Saudi Real Estate Refinance Co. (SRC), a wholly owned subsidiary of the Public Investment Fund (PIF), successfully completed a SAR 3.5 billion worth of sukuk issuance as part of its government-guaranteed its riyal-denominated sukuk program. The offering forms the last two tranches...
The Saudi Exchange (Tadawul) is gearing up for the rollout of its newest exchange-traded derivatives product — the single stock options (SSOs), which will be introduced to the Saudi capital market through the core assets of four listed companies in the first phase, starting Nov. 27, with an eye...
The Capital Market Authority (CMA) invited public feedback on the draft regulatory framework to regulate secondary offerings for a period of 30 days ending on Dec. 21, 2023. The draft aims to regulate secondary offerings, which provide a new channel for offerings in the capital market by...
Saudia, the national flag carrier of Saudi Arabia, has introduced a 30% discount across its international flight network. This strategic initiative reflects the airline's dedication to strengthening its relationship with guests through exclusive promotional offers. It coincides with the significant ...
The Fédération Internationale de l’Automobile (FIA) is giving drivers around the world the chance to make their mark on COP28 through the Drive Change Today – FIA Smart Driving Challenge, developed in partnership with AI data analytics company Greater Than. From 22 November to 12...
The Events Investment Fund (EIF) is seeking public consultation on the proposed Investment Fund Law for events related to culture, entertainment, sports and tourism sectors through the Istitlaa platform until Dec. 20. The draft law aims to align...
The Ministry of Economy (MoE), in partnership with the Abu Dhabi Chamber of Commerce and Industry (ADCCI) and the Abu Dhabi Department of Economic Development (ADDED), has hosted a workshop to increase the Abu Dhabi business community’s awareness about importance of the Comprehensive...
Raha, Kuwait’s fast-growing logistics tech company, recently announced the successful completion of its pre-Series A funding round. Led by Soor Capital and PIF-backed Private Equity Fund, eWTP Arabia Capital, this latest investment brings up the total raised by the ambitious tech start-up to USD...