Business & Money | Thursday 7 October, 2021 2:24 am

World Bank official predicts 3.3% GDP growth for Kingdom in 2022

With an improvement in global oil demand, the World Bank has predicted Saudi Arabia’s average gross domestic product to reach 2.4 percent in 2021 and 3.3 percent the next year.Issam Abousleiman, the World Bank’s director for GCC countries, told Arab News that rapid...

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Business & Money | Wednesday 6 October, 2021 10:20 am

FreezoneMarket.ae

FreezoneMarket.ae Many entrepreneurs all over the world wish to conduct business in the United Arab Emirates. This is because; UAE offers good benefits that are attractive to entrepreneurs in different parts of the world. Unlike in most countries where the charge on tax is extremely high, it...

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Business & Money | Wednesday 6 October, 2021 10:17 am

Guide: Business Setup in UAE’s Free Zones

Guide: Business Setup in UAE’s Free Zones  Advancements in the technology sector stimulate massive growth of global e-commerce powered by modern digital payment systems. The Emirates have several free zones that offer full support for any business set up in UAE, but the famous and...

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Business & Money | Wednesday 6 October, 2021 2:17 am

SAUDIA with SABB and Mastercard launch Revamped ALFURSAN MastercardPlatinum Co-branded Credit Card

Saudi Arabian Airlines (SAUDIA), the Kingdom’s national carrier, has announced the launch of the revamped SABB-ALFURSAN Mastercard Platinum co-branded credit card in partnership withThe Saudi British Bank (SABB).The ALFURSAN co-branded card which was previously available with Alawwal Bank has...

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Business & Money | Wednesday 6 October, 2021 2:00 am

Saudi non-oil growth at 7-year high in September: IHS

The easing of pandemic-induced restrictions on business activity and travel has pushed Saudi Arabia’s non-oil private sector to grow in September - at the fastest rate in seven years, according to IHS Markit.  The relaxation of the regulations boosted customer demand, the latest IHS...

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Business & Money | Wednesday 6 October, 2021 1:06 am

At WETEX Dubai, "Modon" Reviews its Support to Supply Chains of Renewable Energy in Saudi Arabia

The Saudi Authority for Industrial Cities and Technology Zones (Modon) has participated in the 23rd Water, Energy, Environment Technology Exhibition (WETEX) and Dubai Solar Energy Show being held between October 5 and 7 under the title "Energy and Suitability" at the Dubai Exhibition...

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Business & Money | Tuesday 5 October, 2021 3:20 am

SIRC CEO highlight’s role of circular economy at Expo 2020 in Dubai

In line with the great interest and support of the wise leadership of Saudi Arabia to achieve the ambitious recycling objectives of the Kingdom as outlined in Vision 2030, and aiming to strengthen the Green Saudi Initiative, the CEO of the Saudi Investment Recycling Company (SIRC), Eng. Ziad bin...

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Business & Money | Tuesday 5 October, 2021 12:06 am

Mastercard welcomes NymCard as its newest Network Enablement Partner

Mastercard has welcomed the banking-as-a-service (BaaS) provider and modern card issuing platform, NymCard, as the newest company to join its Network Enablement Partner program, providing it with the ability to deliver Issuances in record time.  As a Network Enablement Partner, NymCard...

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Business & Money | Monday 4 October, 2021 1:53 am

Saudi Arabia Achieves Highest Adoption of NFC Contactless Payments

The Saudi Central Bank (SAMA) has announced the Kingdom of Saudi Arabia witnessed the highest adoption of contactless payments through Near-Field Communication (NFC) with 94%, the highest in the Middle East and North Africa, above of the European Union average, and ahead of Hong Kong and...

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Business & Money | Sunday 3 October, 2021 9:47 pm

GITEX GLOBAL x Ai Everything, world’s biggest and most collaborative tech event of 2021, set to drive international transformation

GITEX GLOBAL x Ai Everything set to spotlight regional transformations with landmark GITEX GLOBAL Leaders’ Vision conferenceGITEX Future Stars set to host diverse collection of international startups GITEX Global x Ai Everything, the world’s most influential technology sourcing and...

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