Business & Money | Thursday 6 October, 2022 3:53 pm

Q3 Records Highest Sales Transactions For Off-plan and Secondary Properties in 12 years

September recorded the highest number of transactions with 8,649 worth AED 24.42 billionSecondary/Ready properties recorded a 30.46% increase in terms of volume YoYOff-plan market recorded a significant increase of 80.23% in terms of volume and 94.13% in terms of value YoYQ3 recorded the highest...

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Business & Money | Thursday 6 October, 2022 3:30 pm

Taajeer Group officially inaugurates the second Showroom for Bestune cars in the Eastern Province

Taajeer Group, the exclusive dealer for Bestune cars in the Kingdom of Saudi Arabia, has officially announced the opening of Bestune new and second showroom in Dammam city, which was attended by a group of media elites, social media representatives, and senior managers at Taajeer...

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Business & Money | Thursday 6 October, 2022 12:35 pm

Saudi Ministry of Economy and Planning, Saudi Economic Association boost training, research, data flows

Saudi Arabia’s Ministry of Economy and Planning (MEP) signs a Memorandum of Understanding with the Saudi Economic Association to accelerate research, training and data exchange amid a flurry of new agreements. Both parties will promote closer cooperation on economic research, capacity...

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Business & Money | Thursday 6 October, 2022 8:15 am

Elaf Group Moves to New Jeddah HQ

Group CEO Dr. Ezzat:  “The move to our new HQ marks the Kingdom’s growth” Elaf Group, a leader in Saudi Arabia's hospitality, travel, and tourism sectors, inaugurated its new headquarters in Jeddah on Wednesday. The move comes as part of the group’s new modernization and...

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Business & Money | Wednesday 5 October, 2022 6:46 pm

Geidea partners with National Finance Company to provide Saudi SMEs easy access to capital and loan financing

Geidea, a leading Fintech company in Saudi Arabia, has partnered with Wataniya Finance Company, a renowned finance company in the Kingdom to simplify loan financing and repayments for businesses based in Saudi Arabia. Through this new partnership, merchants will be able to directly transact...

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Business & Money | Wednesday 5 October, 2022 6:23 pm

Ground-breaking SWIFT innovation paves way for global use of CBDCs and tokenised assets

Breakthrough solves major challenge in digital ecosystem developmentShows how digital currencies and assets could be used at scale across borders by leveraging existing financial infrastructure 14 central and commercial banks already testing new CBDC solutionSWIFT has successfully shown that...

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Business & Money | Wednesday 5 October, 2022 5:56 pm

Arab Financial Services (AFS) and Al Wafa Bank Partner for Payments Processing Services

Arab Financial Services (AFS) has signed an agreement with Al Wafa Bank, Libya to provide prepaid card processing services and a range of digital payments value-added services to the Bank. As the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, AFS’s...

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Business & Money | Wednesday 5 October, 2022 12:23 pm

HUB71 STRENGTHENS LEADERSHIP TEAM WITH APPOINTMENT OF NEW DEPUTY CEO

Ahmad Ali Alwan appointed Deputy Chief Executive Officer of Hub71Newly created position to support long-term growth plans of Abu Dhabi’s global tech ecosystemHub71, Abu Dhabi’s global tech ecosystem powered by Mubadala, has appointed Ahmad Ali Alwan Deputy Chief Executive Officer. The...

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Business & Money | Wednesday 5 October, 2022 11:57 am

New FedEx Research Shows E-commerce Opportunities Set to Grow for SMEs Under ‘New Normal’

The FedEx survey that focused on key markets across Asia showed similar trends to the MENA region  The latest e-commerce trends from research commissioned by FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world's largest express transportation companies, in some of...

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Business & Money | Wednesday 5 October, 2022 11:50 am

Avaya and Alcatel-Lucent Enterprise Announce Next Phase In Strategic Partnership

Companies announce evolution of partnership that enables organizations to more easily innovate without the need for operationally disruptive technology replacement initiatives.  Avaya (NYSE:AVYA) and Alcatel-Lucent Enterprise today announced at GITEX Global the next phase of their...

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