Business & Money | Monday 10 April, 2023 2:51 pm

Azizi Developments contributes AED 100 million to His Highness Sheikh Mohammed bin Rashid Al Maktoum’s One Billion Meals initiative

As part of its diverse CSR efforts, the developer assumes a leading exemplary role in combatting world hunger and malnutrition through the initiative, with it now being the single biggest contributor Azizi Developments, a leading private developer in the UAE, has doubled its contribution to...

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Business & Money | Monday 10 April, 2023 2:41 pm

Emirates Islamic wins big at Islamic Finance News Awards 2022

Emirates Islamic wins three awards in the UAE: ‘Best Retail Bank, ‘Most Innovative Bank’ and ‘Best Digital Offering’ Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has secured three prestigious awards at the Islamic Finance News Awards 2022,...

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Business & Money | Monday 10 April, 2023 2:17 pm

New global study: 1 in 2 executives experiencing 'resiliency gap'

SAS launches Resiliency Assessment Tool to provide rapid business assessment Despite three straight years of ongoing disruption and economic ambiguity, when it comes to resiliency, 53% of executives admit their company is not where it should be. This is among the top findings in a global...

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Business & Money | Sunday 9 April, 2023 9:12 pm

Saudi Arabia leads unprecedented M&A opportunities across Middle East region after IPO growth

A total of 632 M&A deals had been recorded in the Middle East in 2022Technology, energy, food processing, healthcare and education sectors were the top IPO deals drivers in the regionSaudi IPO market witnessed17 primary listings in 202289% of the region’s total deal volume was collectively...

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Business & Money | Sunday 9 April, 2023 3:46 pm

RAKEZ attracts 1,839 new companies to Ras Al Khaimah in Q1

Ras Al Khaimah Economic Zone (RAKEZ) welcomed 1,839 new companies in the first quarter of 2023, representing 122% growth compared to the same period in 2022, indicating a strong start to the year for the economic zone. RAKEZ Group CEO Ramy Jallad commented on this achievement: "We are thrilled ...

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Business & Money | Sunday 9 April, 2023 3:24 pm

BIDAYA introduces new corporate financing programs designed for real estate investments

BIDAYA introduces new corporate financing programs designed for real estate investments BIDAYA Home Finance, Saudi Arabia’s leading non-bank provider of real estate financing products, today announced the launch of a brand-new portfolio of financing solutions tailored exclusively for...

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Business & Money | Sunday 9 April, 2023 2:54 pm

Forbes Middle East Unveils The Region’s Most Valuable Banks 2023

Meet The Banking Heavyweights Of The Middle East The top 50 banks represent 10 markets and are worth a total of $548.1 billion.Saudi Arabia and the U.A.E. comprise 40% of the top banks list, with 10 entries each.Forbes Middle East has revealed its ranking of the region’s Top 50 Most Valuable ...

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Business & Money | Sunday 9 April, 2023 9:00 am

Mastercard Accelerates Sustainable Card Efforts

Company to require all payment cards to be Card Eco Certified by 2028Mastercard today announced it is accelerating efforts to remove first–use, PVC plastics from payment cards on its network by 2028. This move further reinforces the company’s sustainability commitments and scales the...

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Business & Money | Saturday 8 April, 2023 9:00 am

UAE Banks Federation organises lecture by global expert on risk management methods

The UAE Banks Federation organised a lecture by Professor Edward Altman, Professor of Financial Sciences at New York University and a global expert in the field of risk management and developer of the ZScore/ZValue theory, at the Mashreq Bank Theatre on 17 March 2023, which was attended by a large...

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Business & Money | Friday 7 April, 2023 9:15 am

American Express Saudi Arabia adds “Ehsan” Platform to its Membership Rewards® catalog

This allows Card Members to instantly convert their Membership Rewards® Points into charitable donations.  American Express Saudi Arabia has announced the addition of the Ehsan Platform, a digital charity and social welfare solution developed by the Saudi Data and Artificial Intelligence ...

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