Business & Money | Friday 6 November, 2020 5:13 am

Saudi anti-graft authority unearths financial fraud amounting to SR39mn

An official source at Saudi Arabia’s Oversight and Anti-Corruption Authority (Nazaha) revealed on Thursday that the authority recently received a report from the Human Resources Development Fund (Hadaf) over the disbursement of huge sums of meant for one of its commercial enterprises support...

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Business & Money | Friday 6 November, 2020 4:19 am

Amaala And Oceanoscientific Steer Environmental Research Sailing Expedition

(AETOSWire) ­– AMAALA, the ultra-luxury destination located along Saudi Arabia’s north western coast, took to the seas with Monaco-based OceanoScientific on a two-week scientific expedition. The expedition was in line with AMAALA’s desire to measure and understand the impact of river water...

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Business & Money | Friday 6 November, 2020 3:37 am

Al Fardan Exchange Announces Senior Leadership Changes

Al Fardan Exchange, the leading exchange brand in the UAE, today announced that its Board of Directors has appointed Hasan Fardan Al Fardan as its CEO with immediate effect, succeeding Osama Al Rahma who will be taking up a position as an advisor.These leadership appointments are part of the...

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Business & Money | Friday 6 November, 2020 12:26 am

Ericsson Announces Cloud Ran Portfolio For Increased Network Flexibility

Ericsson (NASDAQ: ERIC) today announces Cloud RAN (Radio Access Network), a new offering to enable communications service providers to add greater flexibility and versatility to their networks. Cloud RAN by Ericsson is a cloud-native software solution handling compute functionality in the RAN. ...

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Business & Money | Thursday 5 November, 2020 2:00 am

Construction Work Begins On Ad Diriyah Art Oasis, The World’s First Center For Digital Arts

Saudi Arabia: Planned to launch in 2022, construction has begun on the Ad Diriyah Art Oasis, the world’s first center for digital arts.The joint partnership between the Diriyah Gate Development Authority (DGDA) and the Saudi Ministry of Culture will deliver a revolutionary hub dedicated to...

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Business & Money | Thursday 5 November, 2020 1:41 am

Saudi Arabia Issues Labor Reforms For Expats Working In Private Sector

Saudi Arabia’s Ministry of Human Resources and Social Development announced Thursday a series of labor reforms regarding the employment of expats, including the ability to change jobs.The Labor Reform Initiative is aimed at improving contractual relations between workers and employers, in a push...

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Business & Money | Thursday 5 November, 2020 1:25 am

Arab Monetary Fund Selects Refinitiv As Compliance Provider For Buna

Refinitiv and the Arab Monetary Fund (AMF) today announced the adoption of World-Check as the preferred anti-money laundering data for “Buna”, the first cross-border payment system in the Arab Region launched by AMF earlier this year.Buna is a multi-currency payment system that enables...

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Business & Money | Thursday 5 November, 2020 1:04 am

Zayed University’s 3Rd Annual Education Conference Scheduled To Explore The Next 50 Years In Education

In partnership with the Ministry of Education and Arab Thought Foundation, Zayed University will be hosting the 3rd annual Education Conference, themed “Zayed’s Legacy: the next 50 years start now” which will be held online on Monday, November 9th, and will be attended by Ministers and a...

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Business & Money | Thursday 5 November, 2020 12:00 am

Sans And Wicsme Join Forces At Wicsme2020 Virtual Conference

SANS Institute, the global leader in cyber security training, and Women in Cyber Security Middle East (WiCSME), have partnered together to promote the importance of a diverse security team at its first edition of annual WiCSME2020 conference on 14th and 15th November. The upcoming...

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Business & Money | Wednesday 4 November, 2020 1:26 pm

DUBAI DESIGN WEEK 2020 PROGRAMME HIGHLIGHTS IN d3

Held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture & Arts Authority, Dubai Design Week returns for its sixth edition, 9-14 November 2020 This year, Dubai Design Week turns its spotlight on the regional...

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