Business & Money | Sunday 19 May, 2024 10:57 am

Ajman Bank wins 'Islamic Digital Banking Provider of the Year Award'

Ajman Bank has won the “Islamic Digital Banking Provider of the Year Award” at the MEA Finance Banking Technology Summit & Awards 2024. The awards ceremony, which took place at the Ritz-Carlton at the Dubai International Financial Centre (DIFC), was attended by more than 300 senior...

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Business & Money | Sunday 19 May, 2024 10:54 am

Dubai Land Department launches initiative for real estate technology

Dubai Land Department (DLD) has launched the Real Estate Evolution Space Initiative - ‘REES’, which will gather thought leaders and industry professionals to spur a wave of progress capable of redefining the urban landscape. The event brought together over 200 sector partners, officials...

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Tourism & Hospitality | Sunday 19 May, 2024 10:52 am

Sharjah, Lithuania explore enhancing economic cooperation

The Sharjah Chamber of Commerce and Industry (SCCI) has engaged in high-level discussions with the Ambassador of Lithuania to the UAE, exploring avenues for enhancing economic cooperation, bolstering trade ties, and fostering investment partnerships between the two countries’ business...

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Business & Money | Sunday 19 May, 2024 10:49 am

Aramco signs 3 MoUs with American companies to advance development of lower-carbon energy solutions

The Saudi Arabian Oil Company Aramco today announced the signing of three Memoranda of Understanding (MoUs) with leading American companies to advance the development of potential lower-carbon energy solutions. The MoUs were signed in the presence of Minister of Energy for the Kingdom of Saudi ...

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Business & Money | Sunday 19 May, 2024 10:47 am

Hamdan bin Mohammed inaugurates Dubai AI Campus cluster at DIFC Innovation Hub

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai and Chairman of the Higher Committee for Future Technology and Digital Economy, today inaugurated the Dubai AI Campus cluster at the Innovation Hub, Dubai International Financial ...

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Business & Money | Sunday 19 May, 2024 10:32 am

Zain KSA Secures SAR 1.625 Billion Supplier Financing from Al Rajhi Bank

Zain KSA, the leading provider of communications and digital services in the Kingdom of Saudi Arabia, announced the signing of a supplier financing agreement worth SAR 1.625 billion with Al Rajhi Bank to invest in expanding its 5G network and strengthening its infrastructure to support the business ...

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Business & Money | Saturday 18 May, 2024 7:18 am

GEA licenses 1,673 entertainment activities in Q1 2024

The General Entertainment Authority (GEA) issued more than 1,673 entertainment licenses in the first quarter of 2024, an increase of 28% compared to the same period of 2023.   In a statement, the authority said the licenses included all entertainment and support activities, namely...

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Technology & IT | Saturday 18 May, 2024 7:09 am

EXPRO unveils online market for public products procurement via Etimad platform

The Expenditure and Project Efficiency Authority (EXPRO) unveiled an online market in Saudi Arabia for the purchase of products and services for government agencies via Etimad platform.   The move was taken in cooperation with the National Center for Government Resources Systems, Al...

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Business & Money | Saturday 18 May, 2024 7:08 am

Saudi Arabia aims to boost investment in manufacturing sector: Official

The Ministry of Industry and Mineral Resources seeks to increase investment in the manufacturing sector and tap the rapid growth in the Kingdom, said Khalil bin Salamah, Deputy Minister for Industry Affairs.   In a statement, bin Salamah added that the ministry seeks to maximize...

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Business & Money | Saturday 18 May, 2024 7:07 am

Saudi Arabia bans imports from 20 automakers

he Saudi Standards, Metrology and Quality Organization requested the Saudi Ports Authority (Mawani) to ban the entry of imports from 20 automakers to the Kingdom.  The move was taken after the automakers failed to submit the 2024 supply plan within the specified time, Mawani said in a...

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