Business & Money | Wednesday 17 May, 2023 3:45 pm

LG ANNOUNCES FIRST-QUARTER 2023 FINANCIAL RESULTS

Second Highest First Quarter Revenue, Strong Profitability Reflect Actions to Upgrade Business Portfolio and Advance Operational Efficiencies LG Electronics Inc. (LG) announced first-quarter 2023 revenues of KRW 20.4 trillion, the second highest first-quarter revenue, with operating...

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Business & Money | Wednesday 17 May, 2023 2:43 pm

RAKEZ empowers its business community with strategic insights on building stronger client base

Ras Al Khaimah Economic Zone (RAKEZ) hosted an informative session on ‘Customer Acquisition and Retention’ for its business community, aiming to support them in building and maintaining a strong customer base amidst a highly competitive global market. RAKEZ Group CEO Ramy Jallad said,...

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Business & Money | Tuesday 16 May, 2023 6:07 pm

Arabsat Prepares to Participate in 2023 CABSAT Annual Exhibition in Dubai

The company seeks to share recent developments and expand its partnership network during the three-day exhibition Arabsat, the leading satellite services provider in the Arab region, is set to participate in the 2023 edition of ‘CABSAT’ taking place at the Dubai World Trade...

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Business & Money | Tuesday 16 May, 2023 1:04 pm

"Jazeera Paints" diversifies in sustainable products and colors for human health and environmental safety.

By setting solid standards and robust foundations, Color is part and parcel of our lives, and therefore everyone strives to express themselves by their selection of color in their life and harmonizes colors with the spaces of their house; their first home. Since Jazeera Paints believes...

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Business & Money | Monday 15 May, 2023 6:20 pm

Sharakah and Jusoor Foundation sign MOU to promote SME development and impact investing in Oman

To promote SME development and impact investing in Oman, Sharakah and Jusoor Foundation have signed a cooperation memorandum of understanding (MOU). Jusoor Foundation is a non-profit social responsibility organization that is committed to promoting community development through the implementation...

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Business & Money | Monday 15 May, 2023 3:40 pm

ABCOM solidifies leadership in audio-visual industry; brings Videri & more top-tier brands into the Middle East

In a major industry development, ABCOM Distribution LLC has partnered with five reputable technology brands — Videri, Octopus, QSTECH, AVA and OpenPath — creating a comprehensive ecosystem of cutting-edge solutions providers and solidifying its excellence in audio-visual...

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Business & Money | Sunday 14 May, 2023 6:43 pm

AFS Wins “Most Innovative Payments Solutions Provider” at the MEA Finance Banking Technology Awards 2023

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, took home its second MEA Finance Award in two years, winning recognition as “Most Innovative Payments Solutions Provider 2023.”  This year, AFS...

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Business & Money | Sunday 14 May, 2023 11:51 am

Islamic Development Bank and partners launch the Lives and Livelihoods Fund 2.0 to support economic development across 32 member countries

The Islamic Development Bank (IsDB) and its development partners, the Abu Dhabi Fund for Development (ADFD), the Bill & Melinda Gates Foundation (BMGF) and the Islamic Solidarity Fund for Development (ISFD) today announced the launch of the second phase of the Lives and Livelihoods Fund (LLF...

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Business & Money | Sunday 14 May, 2023 11:48 am

The IsDBG’s Private Sector Institutions Honor the Winners of the Private Sector Forum (PSF 2023) Startup Pitch Competition in the IsDBG Member Countries

On the sidelines of the forty-eighth Annual Meeting of the Islamic Development Bank Group (IsDBG) and during the work of the Private Sector Forum in its 11th edition, which is hosted by the city of Jeddah from May 11th to 13th, the group honored the winners of the startup pitch competition after...

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Business & Money | Saturday 13 May, 2023 5:18 pm

ICIEC Signs a US$15m Documentary Credit Insurance Policy Agreement with Saudi National Bank for LC Confirmations to Issuing Banks in Saudi and ICIEC Member States

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Shariah-compliant multilateral insurer and member of the Islamic Development Bank (IsDB) Group, is pleased to announce the signing of a US$15 million Documentary Credit Insurance Policy (DCIP) with the Saudi...

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