Business & Money | Tuesday 23 May, 2023 2:56 pm

KPMG Saudi Arabia Elects New Board of Directors Chaired by Dr Abdullah Al Fozan

KPMG, a leading provider of audit, tax and advisory services, announced the election of its new Board of Directors. The new board continues to be chaired by Dr. Abdullah Al Fozan and further consists of Ebrahim Baeshen, Khalil Al Sedais, Fuad Chapra, Muhammad Tariq, Khalid Yasin, Dr. Samer...

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Business & Money | Tuesday 23 May, 2023 1:48 pm

Regional energy management services leader Enova celebrates 20 years of enabling MENA organizations to reduce energy and water consumption, increase efficiencies, and save costs

Marking two decades of operations in MENA, Enova, the regional leader in integrated energy and multi-technical services, is reporting that it has enabled total energy cost savings of more than AED340 million and a total CO2 reduction of more than 430,000 tons for clients since its establishment as...

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Business & Money | Tuesday 23 May, 2023 1:32 pm

Checkout.com becomes the first global payments platform to secure acquiring license from the UAE Central Bank

Checkout.com, the global payments service provider, has been granted a Retail Payment Services license from the Central Bank of the United Arab Emirates. This makes Checkout.com the first global payments provider to be granted an acquiring license in the country, further cementing its position as a ...

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Business & Money | Tuesday 23 May, 2023 1:26 pm

EDGE Acquires Majority Stake in MARS Robotics

EDGE, one of the world's fastest growing and leading advanced technology and defence groups, today announced the acquisition of a majority stake in MARS Robotics, a leader in autonomous robotic solutions based in Jordan. The deal will see EDGE owning 80% of MARS Robotics, enabling the highly...

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Business & Money | Tuesday 23 May, 2023 11:54 am

OMA Emirates Group Partners with UnionPay International to Develop SoftPOS Solution for the Middle East and Pakistan

OMA Emirates Group LLC, the leading provider of payment systems andsolutions, today announced their collaboration with UnionPay International to develop SoftPOS, a Pointof Sale (POS) solution in the Middle East and Pakistan that will increase the acceptance of touch pointssignificantly across these ...

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Business & Money | Monday 22 May, 2023 7:13 pm

Riyadh Development Company Signs Memorandum of Understanding with Arriyadh Holding to Establish a Joint Venture to Develop Dirah District Markets

The MoU aims to bolster Riyadh’s economic and commercial sectors and enhance the destination experience for the district. Riyadh Development Company (ARDCO) has announced the signing of a Memorandum of Understanding (MoU) with Arriyadh Holding Company. This partnership aims to establish a...

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Business & Money | Monday 22 May, 2023 7:04 pm

Accelerating Prosperity: KSA and UAE Unite at the Global Wealth Conference, Paving the Way for MENA Region's Phenomenal Expansion

London City and SWFI Join to Host an Unprecedented Gathering of Visionaries and Investors to Redefine the Future of Investing  Fund houses managing AUM worth $5 trillion will be under one roof $10 billion worth of MoUs to be signed or announced$10 billion UAE focused fund to be...

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Business & Money | Sunday 21 May, 2023 4:40 pm

Mastercard launches second season of ‘Her Voice’ podcast series to inspire the next generation of female changemakers

As part of its commitment to empowering women and championing female entrepreneurship in Saudi Arabia and the wider region, Mastercard has announced the launch of the second season of its award-winning podcast series ‘Her Voice’. Building on the success of the first season, ‘Her Voice’ ...

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Business & Money | Friday 19 May, 2023 5:11 pm

Al Ghurair Investment Engineering Companies Receive Prestigious Sheikh Khalifa Excellence Awards

AG Engineering and AG PCS Switchgear recognised with the prestigious Sheikh Khalifa Excellence Award.AG Engineering and AG PCS Switchgear, under the Construction and Services sector of Al Ghurair Investment, one of the leading diversified UAE family businesses, have been awarded the prestigious...

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Business & Money | Wednesday 17 May, 2023 3:49 pm

Emirates NBD launches Digital Asset Lab, announces founding council members

Founding council members include PwC and Fireblocks  The Lab aims to establish a robust platform with industry experts enabling co-creation and experimentation to drive innovation in financial services   In line with the bank’s overall strategy of driving digital...

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