Business & Money | Wednesday 10 July, 2019 12:00 am

Badir launches first business accelerator to support Hajj and Umrah sector

King AbdulAziz City for Science and Technology (KACST), represented by the Badir Program for Technology Incubators and Accelerators, officially launched the first business accelerator specialised in supporting and developing the works of entrepreneurs and projects participating in the recently-held ...

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Business & Money | Wednesday 10 July, 2019 12:00 am

Karm Legal joins hands with Malta’s Lex Group to provide end-to-end legal counsel for tech entities

Karm Legal Consultants (Karm), a UAE-based legal consultancy firm focusing on corporate, commercial and technology law, has joined hands with Lex Group in Malta to provide legal expertise for tech enterprises in the UAE and Malta. This will be supported by Fintech Solution Ltd, the fintech arm of...

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Business & Money | Wednesday 10 July, 2019 12:00 am

Darigold Opens Sales Office in Dubai

SEATTLE--(BUSINESS WIRE/AETOSWire)-- Darigold Inc. announces the opening of its office in Dubai through the addition of an in-market sales leader: Benoy Kondoor, sales director – Middle East and Africa, based in Dubai, United Arab Emirates. The new office will enhance customer service and...

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Business & Money | Tuesday 9 July, 2019 7:49 pm

Foreign Direct Investment declines in 2019

Foreign Direct Investment (FDI) in Jordan decreased by $33 million in the first quarter of 2019, marking the lowest decline in a year. Preliminary data of the Central Bank of Jordan (CBJ) reported that the FDI dropped to $251 million at the end of the first quarter of this year, compared to $284 ...

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Business & Money | Tuesday 9 July, 2019 1:12 pm

Bayut Appoints CEO in KSA to Lead the Property Vertical’s Expansion

The UAE’s largest online property portal, Bayut.com brings on Bay Area entrepreneur and technology leader Haroon Rashid as Bayut’s Chief Executive Officer in Saudi Arabia (Bayut.sa), to lead the company’s expansion into the Kingdom. Earlier this May, Bayut announced...

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Business & Money | Tuesday 9 July, 2019 11:56 am

Arla Foods agrees new brand license for Middle East cheese business with Kraft Heinz

The agreement gives Arla Foods (“Arla”) the license to use the Kraft® brand for the next 12 years in the Middle East on the cheese portfolio recently acquired by Arla from Mondeléz International. The markets covered by the license agreement include Bahrain, Iraq, Israel,...

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Business & Money | Tuesday 9 July, 2019 11:32 am

Aafaq Islamic Finance expands its finance products, launches unique Sharia-compliant credit cards

Aafaq Islamic Finance, a leading financial company in the UAE, in collaboration with Mastercard, has launched unique Sharia-compliant credit cards, boosting its retail segment and capturing the growing credit card market in the country. Aafaq’s retail business expansion is in response to...

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Business & Money | Tuesday 9 July, 2019 11:23 am

Why you should use a backup solution to protect your cloud data

As a region, the Middle East has its own set of compliances and privacy requirements. One of the very stringent requirements is to keep its government, mission critical, public sector data resident within its areas of jurisdiction. For this reason, in the last few years a number of cloud and...

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Business & Money | Tuesday 9 July, 2019 12:00 am

Bahri launches ‘iSupplier’ platform to streamline procurement

Further strengthening its commitment to enhancing the quality of its services and deepening business relationship with key partners, Bahri, a global leader in logistics and transportation, has announced the launch of its ‘iSupplier’ portal. The online platform will serve as a dedicated...

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Business & Money | Tuesday 9 July, 2019 12:00 am

UAE Businesses Need to Think Beyond the Workplace to Get the Most From Expats; Aetna Research

Aetna International, a leading global health benefits provider, has today released its 2019 International Workforce Well-being Survey. The research indicates that broader issues associated with settling into the UAE — such as building a strong social network or ensuring family members are...

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