Business & Money | Thursday 10 August, 2023 8:59 am

MIS renews, amends SAR 270 mln facility agreement with SAB

Al Moammar Information Systems Co. (MIS) announced the renewal and amendment of a Sharia-compliant credit facilities agreement with Saudi Awwal Bank (SAB) with a financing value of SAR 269.96 million, according to a Tadawul filing.The financing period extends until Dec. 31, 2023, as the agreement...

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Business & Money | Thursday 10 August, 2023 1:57 am

du's non-environmental sustainability initiatives and volunteering activities continue to make a positive impact

du, from Emirates Integrated Telecommunication Company (EITC), has been recognized by the Government of the UAE with the CSR Majra Award, showcasing its outstanding Corporate Social Responsibility (CSR) initiatives in 2022. It highlights du's dedication to non-environmental sustainability practices ...

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Culture & Education | Thursday 10 August, 2023 12:59 am

The Department of Community Development – Abu Dhabi Launches the second edition of "Wyakom"

The Department of Community Development – Abu Dhabi, has unveiled the second edition of "Wyakom" inititave, the digital platform that aims to foster civic engagement and involve the public in identifying innovative solutions to address challenges faced by seniors."Wyakom" marks the department's...

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Tourism & Hospitality | Thursday 10 August, 2023 12:51 am

Dubai Customs ready to welcome homecoming vacation travelers

Dubai Customs has stepped up readiness to ensure smooth movement of homecoming passengers during the post-summer vacation period. The Passenger Operations Department of Dubai Customs has taken preparations to facilitate procedures and speed up the flow of arrivals through the Dubai International...

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Healthcare | Thursday 10 August, 2023 12:22 am

Saudi Health & Post Service Transport Blood via Drones

Saudi Health and Saudi Post SPL succeeded early July in carrying out trials to transport blood units using drones during the Hajj season. These trips have shortened the transportation time for blood units from two and a half hours to two minutes while adhering to strict health...

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Technology & IT | Thursday 10 August, 2023 12:10 am

84% of Middle East Organizations Consider AI a Top Priority While Emerging Risks Underscore Urgent Need for Responsible AI

The Artificial Intelligence (AI) landscape has changed dramatically over the past year with the swift adoption of Generative AI (GenAI), making it more difficult for organizations to be responsible with the technology and putting pressure on Responsible AI (RAI) programs to keep up with continuous...

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Culture & Education | Thursday 10 August, 2023 12:04 am

Arab Youth Hackathon invites young MENA innovators to find solutions for pressing climate challenges

PepsiCo and the Arab Youth Center (AYC) have opened applications for young Arab innovators to apply for the Arab Youth Hackathon, a regional entrepreneurship program aimed at creating smarter solutions to climate-related issues in the areas of agriculture, circular economy, water security, and...

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Business & Money | Wednesday 9 August, 2023 3:19 pm

DIFC issues first-of-its-kind adequacy decision regarding the California Consumer Privacy Act

The Commissioner of Data Protection of the Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, has issued a first of its kind adequacy decision regarding the California Consumer Privacy Act of ...

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Government | Wednesday 9 August, 2023 1:48 pm

Abu Dhabi Fund for Development finances AED387m project to enhance energy security in Tanzania

The Abu Dhabi Fund for Development (ADFD) has signed a loan agreement with the Government of Tanzania worth AED 387 million (US$105.4 million) to enhance energy security in the country. The project’s objective is to fully connect the Kagera administrative region with the national electricity...

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Environment & Energy | Wednesday 9 August, 2023 12:05 pm

Maaden receives first credit rating with ‘stable’ outlook

Saudi Arabian Mining Co. (Maaden) has received its first credit ratings from Moody’s at “Baa1” and Fitch Ratings at “BBB+” with a “stable” outlook, according to the company’s statement.   These ratings underpinned Maaden’s diversified business model being a globally ...

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