11 Rabi' I 1444 - 6 October 2022
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Eye of Riyadh

Geidea partners with National Finance Company to provide Saudi SMEs easy access to capital and loan financing
Business & Money | Wednesday 5 October, 2022 6:46 pm
Geidea, a leading Fintech company in Saudi Arabia, has partnered with Wataniya Finance Company, a renowned finance company in the Kingdom to simplify loan financing and repayments for businesses based in Saudi Arabia. Through this new partnership, merchants will be able to directly transact...
Ground-breaking SWIFT innovation paves way for global use of CBDCs and tokenised assets
Business & Money | Wednesday 5 October, 2022 6:23 pm
Breakthrough solves major challenge in digital ecosystem developmentShows how digital currencies and assets could be used at scale across borders by leveraging existing financial infrastructure 14 central and commercial banks already testing new CBDC solutionSWIFT has successfully shown that...
Arab Financial Services (AFS) and Al Wafa Bank Partner for Payments Processing Services
Business & Money | Wednesday 5 October, 2022 5:56 pm
Arab Financial Services (AFS) has signed an agreement with Al Wafa Bank, Libya to provide prepaid card processing services and a range of digital payments value-added services to the Bank. As the leading digital payment solutions provider and fintech enabler in the Middle East and Africa, AFS’s...
Business & Money | Wednesday 5 October, 2022 12:23 pm
Ahmad Ali Alwan appointed Deputy Chief Executive Officer of Hub71Newly created position to support long-term growth plans of Abu Dhabi’s global tech ecosystemHub71, Abu Dhabi’s global tech ecosystem powered by Mubadala, has appointed Ahmad Ali Alwan Deputy Chief Executive Officer. The...
New FedEx Research Shows E-commerce Opportunities Set to Grow for SMEs Under ‘New Normal’
Business & Money | Wednesday 5 October, 2022 11:57 am
The FedEx survey that focused on key markets across Asia showed similar trends to the MENA region  The latest e-commerce trends from research commissioned by FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and one of the world's largest express transportation companies, in some of...
Avaya and Alcatel-Lucent Enterprise Announce Next Phase In Strategic Partnership
Business & Money | Wednesday 5 October, 2022 11:50 am
Companies announce evolution of partnership that enables organizations to more easily innovate without the need for operationally disruptive technology replacement initiatives.  Avaya (NYSE:AVYA) and Alcatel-Lucent Enterprise today announced at GITEX Global the next phase of their...
Over 3000 people enrol for the RAK Diabetes Challenge
Business & Money | Wednesday 5 October, 2022 11:43 am
Participants attend the first ‘Diabeat Webinar’ to learn about the diabetes prevention and management strategies Losing 5-10 percent body weight can lower your risk of developing diabetes by 58 percent. MENA region to see diabetic population rise by 87% by 2045 The 12-week...
A billion-dollar investment Launch of Center3 to enhance digital economy growth in KSA
Business & Money | Wednesday 5 October, 2022 11:19 am
stc Group, the leading digital enabler, inaugurated one of its largest and significant projects, Center3 Company, the digital regional center for the Middle East and North Africa. The new company will be the owner of the digital infrastructure assets owned by stc Group, including data centers,...
ADQ paper explores the future of logistics to foster a digitalized supply chain that maximizes productivity in the UAE
Business & Money | Wednesday 5 October, 2022 8:25 am
New ADQ FWD paper identifies key investment areas to accelerate digital capabilities in the logistics industryUAE logistics market on upward trajectory with projected 8.41 percent growth by 2026*Catalysts for digital transformation within the industry include digitized customer interactions,...
Business & Money | Wednesday 5 October, 2022 8:00 am
By leveraging WebEngage’s full-stacked solution, travel brand Wego has achieved 20X email open rates and 27,000 unique conversions every day, setting a new benchmark in the industry Customer engagement and retention specialist WebEngage has released a case study, shedding light on strategies ...