Business & Money | Sunday 9 July, 2023 12:09 pm

GHL Systems Berhad Selects Arab Financial Services to Process its Thai Merchant Transactions

GHL Systems Berhad (GHL), ASEAN’s leading payment solutions provider has selected Arab Financial Services (AFS), the Middle East and Africa region’s foremost digital payment solutions provider and fintech enabler, to process its merchant transactions in Thailand. The strategic...

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Business & Money | Sunday 9 July, 2023 9:12 am

HRSD Ministry to start job localization in Madinah, Jazan

The Ministry of Human Resources and Social Development (HRSD) will start localizing many professions and activities at certain ratios in Madinah and Jazan starting July 8.   The localization ratios of restaurant activities in Madinah will reach 40%. It will include restaurants with...

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Government | Sunday 9 July, 2023 9:10 am

190,700 real estate manual deeds updated online YTD

About 190,700 handwritten real estate deeds have been updated online across the Kingdom year to date. Residential and commercial buildings accounted for nearly 75% and 25% of updates deeds, respectively. By city, Riyadh came on top with around 69,184 e-deeds, or 36.3% of the total. It was ...

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Government | Sunday 9 July, 2023 9:05 am

Finance minister approves model arbitration agreement with SCCA

Mohammed Al-Jadaan, Minister of Finance, approved the model arbitration agreement and model arbitration agreement with the Saudi Center for Commercial Arbitration (SCCA).   Pursuant to Article 13 of the government tenders and procurement law, the minister shall approve the model...

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Business & Money | Sunday 9 July, 2023 9:02 am

Monsha'at says 1,041 SMEs benefit from Tomoh, 3 go public on Nomu in 2023

The Small & Medium Enterprises General Authority (Monsha'at) said 1,041 small and medium-sized enterprises (SMEs) leveraged the Fast-Growing SMEs Services Program (Tomoh), which provides 30 services under four high-growth programs.   Tomoh has supported the offering of three ...

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Government | Sunday 9 July, 2023 9:00 am

Cabinet approves amending off-plan sales or rent regulations

Saudi Arabia’s Cabinet approved amending residential unit off-plan sales or rent regulations by replacing the “Ministry of Municipal, Rural and Housing Affairs” with the “Real Estate General Authority (REGA)” and the “Minister of Municipal, Rural and Housing Affairs” with the “Board ...

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Business & Money | Sunday 9 July, 2023 8:56 am

Emirates NBD to transform business operations and enhance productivity with generative AI

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region has announced a transformation focused on harnessing the power of generative AI to change Emirates NBD’s operations and enhance productivity across various business functions supported by Microsoft. ...

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Business & Money | Sunday 9 July, 2023 8:53 am

Sharakah and Muscat Finance collaborate to drive SME growth and support Green initiatives

To empower SME growth and foster impact investment in Oman, Sharakah and Muscat Finance have joined forces through a Memorandum of Understanding (MOU). Ali bin Ahmed Muqaibal, CEO of Sharakah, and Hussain Al Lawati, CEO of Muscat Finance, signed the MOU in a ceremony. By harnessing...

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Business & Money | Saturday 8 July, 2023 8:19 am

UAE Banks Federation hosts seminar on future of open banking and finance

UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, organised a virtual seminar on the prospects of open banking and finance on the 22nd of June, 2023. Several experts from the financial technology and banking sectors and senior executives of member banks of the...

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Technology & IT | Saturday 8 July, 2023 8:13 am

Moro Hub and Riverbed Host a Collaborative Event to Empower UAE Government Entities with Unified Observability Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), successfully hosted an event in collaboration with Riverbed Technology, a leader in unified observability, to raise awareness among key UAE government entities about the transformative benefits...

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