Business & Money | Friday 20 October, 2023 8:40 am

PIF prices inaugural int’l sukuk issue at $3.5 bln, orders surpass $25 bln

The Public Investment Fund (PIF) successfully priced today, Oct. 19, its first dollar-denominated Shariah-compliant trust certificates (sukuk). The total amount of the issuance is $3.5 billion, consisting of two tranches: - $2.25 billion, five-year sukuk maturing in 2028. - $1.25 billion, ...

More Details

Business & Money | Friday 20 October, 2023 8:33 am

Ajman DOF Invites Independent Government Entities to Join the ‘Tawreed’ Platform

As part of its engagement at GITEX Global 2023, the Ajman Department of Finance introduced the second phase of the ‘Tawreed’ platform, a consolidated digital portal for government procurement in the emirate. This platform allows independent government entities in Ajman to post tenders, assess...

More Details

Business & Money | Friday 20 October, 2023 1:10 am

The World will gather in Riyadh in December to discuss the future and challenges of the labor market

The Ministry of Human Resources and Social Development of the Kingdom of Saudi Arabia is launching the first annual Global Labor Market Conference (GLMC). GLMC will be held on December 13 – 14, 2023, with the aim of advancing labor market resiliency for all stakeholders. The conference's...

More Details

Business & Money | Friday 20 October, 2023 12:15 am

TDRA and du join forces to promote Emiratization within Cloud Managed Services through FEDNET Cloud Command Center (CCC)

TDRA (Telecommunications and Digital Government Regulatory Authority) and du, from Emirates Integrated Telecommunications Company (EITC), today announced a partnership at GITEX Global 2023 to expand the FEDNET Cloud Command Center (CCC) as part of a strategic initiative to promote Emiratization....

More Details

Business & Money | Thursday 19 October, 2023 1:47 pm

"Jazeera Paints" Participates in the Digital Transformation at GITEX Global Exhibition

“Jazeera Paints”, the leading company in the industry of paints, colors and construction solutions in KSA and MENA, shares an elite group of promising technical expertise in the digital transformation field in GITEX Global Exhibition, which is currently running for five days at Dubai Global...

More Details

Business & Money | Thursday 19 October, 2023 1:43 pm

Saudi Exports and Amazon Collaborate to Launch ‘Saudi Made’ Storefront on Amazon.sa

Amazon Saudi Arabia today launched a 'Saudi Made' storefront on Amazon.sa, featuring thousands of local products certified by the ‘Made in Saudi’ (MIS) program. Aligning with the Kingdom’s Vision 2030, the dedicated storefront promotes locally manufactured products to millions of Amazon...

More Details

Business & Money | Thursday 19 October, 2023 12:22 pm

RAKEZ hosts a workshop for clients in the defence sector in collaboration with ministries and government entities

Ras Al Khaimah Economic Zone (RAKEZ) organised a workshop in collaboration with its strategic government partners, including the Ministry of Defence, Ministry of Foreign Affairs – Executive Office for Control & Non-Proliferation, Federal Authority for Nuclear Regulation. The workshop was...

More Details

Business & Money | Thursday 19 October, 2023 11:46 am

Azizi Developments sells 100% of its studios and one-bedroom apartments in Amber, Al Furjan

Azizi Developments, a leading private developer in the UAE, has announced that it has sold 100% of its studios and one-bedroom units at Amber in Al Furjan. The project, which was launched just months ago, comprises a mix of studios, one-, two- and three-bedroom residences and is equipped with...

More Details

Business & Money | Thursday 19 October, 2023 11:44 am

P2P Payment App Kem Appoints Faris Al Obaid to Board Following $1M Investment

Kem, Kuwait’s first P2P payment app, has appointed Tamara Bahrain CEO Faris Al-Obaid to its board of directors. Mr. Al-Obaid, Kuwait Vision 2035 Conference Founder and Chairman, is working to accelerate Kem’s growth in the Gulf region following the recent closure of a $1m funding...

More Details

Business & Money | Thursday 19 October, 2023 11:01 am

"The 11th Arab Beverage Conference" for the first time in Riyadh, appraising the Kingdom’s 2030 Vision for developing the beverage industry.

The eleventh session of the Arab Beverage Conference, the largest event for the beverage sector in the Middle East, will kick off in the capital, Riyadh.  The conference is launched on Wednesday morning, 18 October 2023, and will last for two days. It covers several sessions to discuss...

More Details