Business & Money | Tuesday 1 February, 2022 10:31 am

ACWA Power signs Memorandum of Understanding with Saudi EXIM Bank to develop and cooperate on knowledge sharing initiatives in the area of project finance

ACWA Power,a leading developer, investor and operator of power generation, desalinated water and green hydrogen plants, signed a Memorandum of Understanding (MoU) with Saudi Export-Import Bank (Saudi EXIM), in an extensive agreement that involves knowledge transfer in the realm of credit issuance,...

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Business & Money | Sunday 30 January, 2022 11:48 am

Uber MENA: 2021 in Numbers

When we closed 2021, we completed Uber’s Year in Review - a look back over the year to reflect on how Uber was used in the MENA region. Since launch, we’ve been busy Zooming out, Uber has been busy since we launched in MENA. Over 31 million riders have taken trips, and drivers have...

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Business & Money | Sunday 30 January, 2022 10:40 am

Emirates NBD KSA awarded Best Foreign Bank and Best Credit Card in KSA by the International Finance Awards 2021

 Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has been awarded the Best Foreign Bank in KSA 2021 and the Best Credit Card in KSA 2021 by the International Finance Awards. The International Finance Awards celebrate corporate excellence,...

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Business & Money | Sunday 30 January, 2022 10:31 am

Al Borg Diagnostics Initiates Al Borg Med-Tech Accelerator

In line with Saudi Vision 2030”, Al Borg Diagnostics, which harbors one of the largest chains of Medical Labs in the Kingdom of Saudi Arabia, initiated Al Borg Med-Tech Accelerator program in January 2021, as part of its social responsibility towards youth empowerment, innovation fostering,...

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Business & Money | Friday 28 January, 2022 4:21 pm

Various regions in Saudi Arabia will witness the launch of 8 public transport projects in 2022

Saudi Arabia in 2022 will witness the launch of 8 public transport projects in its various regions, said Saleh Al-Zuwaid, spokesman of the Transport General Authority (GTA). The spokesman, in an interview with Al-Arabiya, stated that the projects will contribute to facilitating public...

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Business & Money | Friday 28 January, 2022 4:08 pm

Share of e-payments reaches 57% in 2021, exceeding FSDP target

The Saudi Central Bank (SAMA) announced on Thursday that the share of electronic payments in retail business exceeded 57% of the total transactions conducted in 2021, surpassing the 55% target set out by the Financial Sector Development Program (FSDP), one of the main programs of Saudi Vision...

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Business & Money | Thursday 27 January, 2022 10:39 am

Cisco Middle East & Africa hosts ‘Future Cloud’ Summit to showcase new hybrid cloud innovations

  Cisco Middle East & Africa hosts ‘Future Cloud’ Summit to showcase new hybrid cloud innovationsCompany highlights its ground-breaking new hybrid cloud solutions alongside partners in the regionLeading brands around the world share how they are working together with Cisco to...

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Business & Money | Thursday 27 January, 2022 9:04 am

Saudi Arabia to resume direct flights to Thailand in May

Saudi Arabian Airlines announced its plan to resume direct flights to Thailand in May this year.The announcement came following agreements reached between Saudi Arabia and Thailand to upgrade diplomatic relations to the level of ambassadors, as well as to enhance economic cooperation, and explore...

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Business & Money | Thursday 27 January, 2022 9:01 am

King Salman Royal Reserve unveils digital identity

King Salman bin Abdulaziz Royal Natural Reserve, the largest reserve in the Middle East and North Africa, unveiled its digital identity on its website and Twitter account to foster awareness and boost its outreach. The campaign showcased the vision, mission and goals of the reserve, along with ...

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Business & Money | Wednesday 26 January, 2022 8:30 am

Jazeera Paints provides monthly installments to its clients

Paint NOW… Pay Later!Under the slogan (Paint Now… Pay Later!), the Jazeera Paints, a leading company in paints, colors, and construction Solutions, announced its partnership with Tamara, an installment payment service, to offer its clients the option to pay online in three installments...

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