The successful conclusion of two-day summit, The Middle East Low Code No Code Summit 2024 on May 2nd marked a pivotal moment, with over 300 technology leaders, Low-code No-code experts, and government entities converging to explore the forefront of innovation. This gathering provided an...
Saudi Electricity Co. (SEC) secured today, May 7, a $1 billion bilateral Murabaha loan from Saudi National Bank (SNB). The facility has a five-year term with the option to extend for another two years. It will be used to finance general corporate purposes and capital expenditures,...
Red Sea International Co.’s subsidiary, Fundamental Installation for Electric Work Co. Ltd., signed a contract for engineering, procurement and construction (EPC) for site preparation and infrastructure works at Jeddah Central Development Project with Modern Building Leaders Co. (MBL) at a...
Al Rajhi Bank announced its intention to issue USD-denominated additional tier-1 capital sukuk under its international additional tier-1 capital sukuk program, established by the bank on April 18, following the decision of the board of directors on March 25. In a statement to Tadawul, the bank ...
Dr. Steven Victor, MD unveils Victor Longevity’s luxury comprehensive innovative healthcare platform with 24/7 remote monitoring in Dubai, aligning with UAE’s healthcare vision. Dubai — Dr. Steven Victor MD, a globally renowned anti-ageing specialist, announces the grand re-opening of...
Jabal Omar Development Co.’s board of directors approved on May 7 Khalid Al-Amoudi's resignation as Chief Executive Officer (CEO) effective May 30, 2024, to pursue his career. The company’s board of directors appointed Vice Chairman Saad Ben Aiban as CEO effective May 31,...
The UAE Ministry of Finance is committed to enhancing public-private partnerships and recognises the significant role that such collaboration plays in the socio-economic development of the UAE. It also enhances sustainable economic development and achieves comprehensive prosperity for all members...
Exceeding its previous guidance, Nahdi Medical Company achieved SAR 2.26 billion in revenue in Q1 2024, representing a 7.2% increase compared to Q1 2023 and 2% increase compared to the previous quarter. Nahdi's Medicine segment continues to experience solid year-over-year growth, driven...
Tourism Malaysia participates in the 31st edition of Arabian Travel Market (ATM) 2024, showcasing the country’s latest attractions and destinations to attract more tourists from West Asia. The four-day prestigious event held at the Dubai World Trade Centre from 6 to 9 May 2024 marks Malaysia’s...
Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced Chainalysis as a key council member of the Digital Asset Lab. Chainalysis, the blockchain data platform, will join professional services firm PwC, digital asset transfer and direct...