Business & Money | Wednesday 2 November, 2022 1:14 pm

Serco’s new regional hub opens its doors, as Badr AlBadr, Deputy Minister inaugurates Riyadh office

Serco, international leader of public services within transport, citizen services and defence were honoured to mark the official opening of Serco's new regional hub in Riyadh with ribbon cutting by Badr AlBadr, Deputy Minister - Ministry of Investment and Neil Crompton, British Ambassador to Saudi...

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Business & Money | Wednesday 2 November, 2022 1:05 pm

INDONESIAN STATE-OWNED AGROCHEMICALS COMPANY, PT PUPUK INDONESIA LAUNCHES UAE OPERATIONS

Indonesian State-Owned Enterprise (SOE), PT Pupuk Indonesia (Persero), is expanding opportunities for trade cooperation in ammonia, urea, NPK, and other products by opening a representative office in Dubai, United Arab Emirates (UAE) on Monday, 31 October 2022. Through this...

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Business & Money | Wednesday 2 November, 2022 12:26 pm

Gulf Islamic Investments acquires two senior care homes in Germany as part of EUR500 million senior living fund

Gulf Islamic Investments (“GII”), a leading Shari’ah-compliant investment management company headquartered in the UAE, has acquired two German senior care facilities as part of its latest acquisitions through the EUR 500 million European senior living fund (the “Fund”), in a joint venture ...

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Business & Money | Tuesday 1 November, 2022 2:42 pm

Beema, UAE’s most successful InsurTech, expands to Bahrain

Dubai-based insurance innovator Beema Insurance, part of ENOC Group, is geographically expanding its operations within the GCC to include Bahrain. Beema’s insurance policies in Bahrain will be underwritten by the Bahrain Kuwait Insurance Company (BSC) (BKIC) who offer the highest levels of motor...

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Business & Money | Tuesday 1 November, 2022 2:33 pm

Emirates Foundation renews its partnership with Occidental for three years

With the aim of supporting and empowering the members of the society  H.E. Ahmad Taleb Al Shamsi: "This partnership represents a token for the cooperation and integration with the private sector”Vicki Hollub: "The strategy of Emirates Foundation and its programs are in line...

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Business & Money | Tuesday 1 November, 2022 12:36 pm

Qawafel Company Signs A Strategic Partnership with Rewaa platform specializes in Inventory and Sales Management

Qawafel Company, a B2B marketplace that specializes in linking wholesalers and points of sale in the confectionery sector in the Kingdom of Saudi Arabia, announced that it had signed a strategic agreement with Rewaa Company, one of the leading providers of cloud software that serves the retail...

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Business & Money | Tuesday 1 November, 2022 11:32 am

Winners of Customer Happiness Summit & Awards (CHSA) 2022 revealed; jury sets a strong precedent for merit-based award culture

The 5th edition of the annual Customer Happiness Awards, hosted by Plan3Media Event Management, concluded on 14th October, felicitating purpose-driven brands chosen by a well-respected jury after an elaborate assessment process  Plan3Media, a leading event management company in Dubai,...

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Business & Money | Tuesday 1 November, 2022 8:45 am

Boursa Kuwait records 29.2% increase in its net profit for the period ended 30 September 2022

Net operating profit increased by 41.5% while total operating revenue increased by 17.7% Al-Humaidhi: We continue to consolidate our reputation as a leading stock exchange in the Middle East and a key contributor to the country’s transformation into a global investment...

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Business & Money | Tuesday 1 November, 2022 8:35 am

Showcasing its Innovative Digital Solutions and Ecosystem Najm Joins Global Insurance Fraud Summit

Najm for Insurance Services participated in the fourth Global Insurance Fraud Summit (GIFS), which took place on October 17 and 18, 2022, in Lisbon, Portugal. Outlining its incremental contributions to the Saudi motor insurance sector, Najm’s participation in the GIFS highlights the...

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Business & Money | Tuesday 1 November, 2022 8:15 am

invygo raises $ 10 million Series A round led by MEVP to drive financial inclusion through its car subscription platform

Regional and global roster of investors include Al Rajhi Partners, Arab Bank, Amana Capital and Palm Drive Capital Signal Peak Ventures and Knollwood Investment Advisory return as investors once again With over 4x growth YoY, invygo will enable access to mobility across KSA and UAE,...

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