Business & Money | Saturday 15 July, 2023 5:05 am

NEOM CEO says work progressing in Red Sea destination

Nadhmi Al-Nasr, CEO of NEOM and board member of Red Sea Global (RSG), highlighted the remarkable progress in the Red Sea destination, indicating that the project will contribute to boosting the Kingdom’s position on the global tourism map.   He pointed to the great efforts made by...

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Business & Money | Saturday 15 July, 2023 1:52 am

RAKEZ empowers businesses through regular networking events

Ras Al Khaimah Economic Zone (RAKEZ) continues to foster connections and drive growth by organising regular networking events across industries. RAKEZ recognises the power of working together in today’s ever-changing business landscape and is shaping the future of industries in Ras Al Khaimah by...

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Business & Money | Saturday 15 July, 2023 12:59 am

Emirates NBD revamps digital bank Liv with new value proposition targeting Gen Now

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has revamped its digital bank Liv, with a new value proposition targeted at Generation Now (Gen Now) empowering them with a better financial future through innovative offerings and a superior...

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Business & Money | Friday 14 July, 2023 5:45 am

ADDED launches ‘Intellectual Property excellence centre’ to unleash innovation

The Competitiveness Office of Abu Dhabi (COAD) at the Abu Dhabi Department of Economic Development (ADDED) has launched the intellectual property (IP) Excellence Centre to unleash innovation and enhance Abu Dhabi’s global competitiveness by providing a conducive environment to...

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Business & Money | Friday 14 July, 2023 5:38 am

CrediMax and Mastercard sign strategic partnership agreement to drive digital innovation in Bahrain

CrediMax recently renewed its strategic partnership agreement with Mastercard during a signing ceremony in the presence of Mr. Ahmed A. Seyadi, CrediMax Chief Executive, and Mr. Khalid Elgibali, Mastercard Division President, Middle East and North Africa. This collaboration reflects CrediMax’s...

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Business & Money | Friday 14 July, 2023 5:38 am

CrediMax and Mastercard sign strategic partnership agreement to drive digital innovation in Bahrain

CrediMax recently renewed its strategic partnership agreement with Mastercard during a signing ceremony in the presence of Mr. Ahmed A. Seyadi, CrediMax Chief Executive, and Mr. Khalid Elgibali, Mastercard Division President, Middle East and North Africa. This collaboration reflects CrediMax’s...

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Business & Money | Friday 14 July, 2023 5:33 am

Gulf Navigation records 28 million dirhams in Net Profits in H1 2023

Gulf Navigation Holding PJSC (“GULFNAV”) the Dubai Financial Market listed maritime and shipping company, announced its financial results for the period ended 30 June 2023, reporting a Net Profit of 28 million dirhams, compared to a net loss of 2.5 million dirhams for the same period in...

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Business & Money | Friday 14 July, 2023 5:29 am

DIFC Continues to Drive Action on Global Climate Change on Path to COP28, Announces Future Sustainability Forum in Dubai

Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, today announced its first edition of the Future Sustainability Forum. The Forum, which will be held on 4-5 October 2023 at the Ritz-Carlton DIFC, will focus on...

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Business & Money | Friday 14 July, 2023 12:05 am

Liwa Ajman Dates and Honey Festival Gears Up for Eighth Edition Launch on July 27

Get ready for an exhilarating experience as dates and heritage enthusiasts in the UAE and the region eagerly await the much-anticipated Liwa Ajman Dates and Honey Festival. Celebrating its eighth edition, this spectacular event is scheduled to commence on July 27th and continue through July 30th,...

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Business & Money | Thursday 13 July, 2023 10:05 am

Fed poised to raise rates despite cooled inflation

The Federal Reserve appears set to resume interest-rate hikes in July after data showed inflation slowed sharply in June but is still above the central bank’s target.   The consumer price index, which excludes volatile food and energy prices, rose 4.8% in June compared with a year...

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