Business & Money | Tuesday 22 October, 2024 9:58 am

Moro Hub Signs MoU with UAE Space Agency to Accelerate Digital Transformation

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), signed Memorandum of Understanding (MoU) with The UAE Space Agency, responsible for the development of the country's space industry. The MoU was signed by Marwan bin Haidar, Vice Chairman and...

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Business & Money | Tuesday 22 October, 2024 9:52 am

Dubai real estate growth set to deliver 90,000 new homes in next two years

 As Dubai real estate heads for another new peak in 2024, property sector growth is set to continue over the next two years, with a record 90,000 new homes entering the market during this period. Figures released by fäm Properties today underline the market’s capacity to keep pace with ...

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Business & Money | Tuesday 22 October, 2024 9:20 am

Azizi Developments partners with Sika AG for waterproofing material

Azizi Developments, a leading private developer in the UAE, has announced its new partnership with Sika AG, a globally renowned Swiss company specializing in innovative waterproofing materials. The collaboration aims to implement advanced solutions across multiple of Azizi’s upcoming flagship...

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Business & Money | Monday 21 October, 2024 3:57 pm

Nutanix Unveils New Office in Riyadh, Symbolizing Growth and Commitment to Saudi Arabia’s Digital Transformation

 Nutanix (NASDAQ:NTNX), a leader in hybrid multicloud computing, proudly announces the opening of its new, state-of-the-art office in Riyadh. Situated on the iconic King Fahd Road at Tuwaiq Gate, this expansion highlights Nutanix’s continued growth and unwavering commitment to Saudi...

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Business & Money | Monday 21 October, 2024 3:55 pm

Axis Communications expands Middle East presence with new office and Axis Experience Centre in Saudi Arabia

Axis Communications, the global leader in security and network surveillance technologies, celebrated the grand opening of the company’s new office and Axis Experience Center in Saudi Arabia, solidifying its presence in the kingdom and reaffirming its commitment to sharing new ideas and fostering...

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Business & Money | Monday 21 October, 2024 10:06 am

CBUAE advances cross-border open finance interoperability with 'Project Aperta'

The Central Bank of the UAE (CBUAE) announced its collaboration on a significant initiative titled ‘Project Aperta’ that aims to connect open finance infrastructures of multiple jurisdictions to advance the UAE’s cross-border interoperability for financial institutions and businesses through...

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Business & Money | Monday 21 October, 2024 10:01 am

Moro Hub becomes new VMware Cloud service provider

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority, today announced the company is now a VMware Cloud Service Provider (VCSP) and a Pinnacle tier partner in the Broadcom Advantage Partner Programme for the UAE market to help enterprise customers to...

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Business & Money | Monday 21 October, 2024 9:59 am

Mohamed Al Hussaini, Azerbaijan's finance minister discuss financial cooperation

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, met with Samir Sharifov, Minister of Finance of the Republic of Azerbaijan, at the Ministry of Finance's (MoF) office in Dubai to discuss enhancing cooperation in the financial sector and other areas of mutual interest. The...

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Business & Money | Monday 21 October, 2024 9:57 am

Amna Al Dahak champions green growth, international collaboration during four-day visit to Korea

Dr. Amna bint Abdullah Al Dahak Al Shamsi, Minister of Climate Change and the Environment, concluded a successful visit to the Republic of Korea from 16th-19th October, 2024, leading a delegation of officials from the UAE. The visit underscored the UAE's commitment to advancing global green...

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Business & Money | Monday 21 October, 2024 9:53 am

Osool & Bakheet renews SAR 50M Shariah-compliant loan with BSF

Osool & Bakheet Investment Co. renewed a SAR 50 million Shariah-compliant loan agreement with Banque Saudi Fransi (BSF), according to a statement to Tadawul. The credit facility, which was secured on Aug. 7, 2024, with a maturity date on Aug. 6, 2025, was guaranteed by a promissory note...

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