Business & Money | Tuesday 17 October, 2023 9:58 am

TGA launches inter-city bus transport services

The General Transport Authority (TGA) inaugurated today, Oct. 16, the inter-city bus passenger services in the Kingdom with the presence of Minister of Transport and Logistic Services, Saleh Al-Jasser. As per Argaam data, last February, TGA signed bus inter-city concession contracts in the...

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Business & Money | Tuesday 17 October, 2023 9:46 am

Saudi Arabia eyes industrial investments worth SAR 1 trln: Minister

Saudi Arabia is moving forward to attract industrial investments estimated at about SAR 1 trillion, Bandar Al-Khorayef, Minister of Industry and Mineral Resources and Chairman of the Saudi Export Development Authority (SEDA), stated.  ...

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Business & Money | Tuesday 17 October, 2023 9:18 am

MENA banking sector witnesses 30% surge in net profits, 12.2% increase in net assets year on year in H1 2023

According to the EY MENA H1 2023 Banking Report, the region experienced a remarkable year on year (YoY) growth with a 30% surge in net profits and a 12.2% increase in net assets. Meanwhile, YoY returns on equity recorded a rise of 6.18%, and the net interest margin grew by 0.2%. This ...

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Business & Money | Tuesday 17 October, 2023 9:14 am

Dubai Courts launches “Fast Track Notary Services” to speed up the completion of transactions

As part of its participation in the 43rd edition of GITEX Global, Dubai Courts introduced the 'Fast Track Notary Services Service,' showcasing the latest innovations and digital technologies aimed at expediting transaction processing. This initiative marks a significant step toward achieving a...

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Business & Money | Tuesday 17 October, 2023 9:12 am

Mastercard partners with SiFi to empower businesses in Saudi Arabia

Mastercard has signed an exclusive agreement with Alhulul Almobassatah Financial Company (SiFi) to empower small and medium-sized enterprises (SMEs) in Saudi Arabia with a range of innovative offerings. The agreement brings Mastercard, a leading technology company in the global payments sector ...

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Business & Money | Tuesday 17 October, 2023 8:59 am

Chairman of ADDED: UAE attracted investors from over 170 countries, reaffirming global community trust

His Excellency Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development (ADDED) has revealed that investors from over 170 counties have chosen the UAE to invest, grow, and expand over the past decade, reaffirming the trust of global investment community in the country’s...

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Business & Money | Tuesday 17 October, 2023 8:50 am

RAKEZ to showcase investment opportunities in the UAE technology sector at GITEX Global 2023

Ras Al Khaimah Economic Zone (RAKEZ) participates in GITEX Global 2023, one the world’s of most significant technology exhibitions, taking place at the Dubai World Trade Centre, until 20 October. The event is bringing together innovators, industry leaders, and tech enthusiasts from around the...

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Business & Money | Tuesday 17 October, 2023 8:43 am

GHAYA’s inaugural 'WORLD WITH PURPOSE' summit paves the way for the rise of a global impact economy

GHAYA, a UAE "purpose to impact" strategy consultancy, is proud to unveil the inaugural "WORLD WITH PURPOSE" summit titled “THE RISE OF A GLOBAL IMPACT ECONOMY”. Under the patronage of the UAE Ministry of Economy and in partnership with MAJRA, National CSR Fund, the summit is scheduled to...

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Business & Money | Tuesday 17 October, 2023 8:41 am

Sharjah Government Explores Enhancing Collaborations with Arab and International Financial Institutions

A delegation comprising representatives from the Sharjah Government and the Bank of Sharjah recently convened in Marrakesh, Morocco. The purpose of the meeting was to discuss ways of strengthening the partnership between the government and financial establishments. The delegation, headed by His...

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Business & Money | Monday 16 October, 2023 10:55 am

Emirates NBD and DIFC Launchpad announce ‘National Digital Talent Incubator’ program to build next generation of UAE global founders

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has launched the ‘National Digital Talent Incubator’ program, as a part of its strategic partnership with Dubai International Financial Centre (DIFC), the leading global financial centre in the...

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