Business & Money | Thursday 13 June, 2024 9:42 am

AYYAN issues prospectus for SAR 200M rights offering

AYYAN Investment Co. published today, June 11, the prospectus for its capital increase through a SAR 200 million rights offering. The rights issue is aimed at enabling the company to implement its operational plans and supporting its working capital. The company will use the rights...

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Business & Money | Thursday 13 June, 2024 9:35 am

e& enterprise launches a customer service & call center in the KSA

e& enterprise today announced the launch of a new Contact and Customer Experience Centre in Riyadh. Aligned with Saudi Arabia’s Vision 2030, the new facility is designed to take customer experiences to new heights while significantly contributing to the local economy by creating over 1,500...

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Business & Money | Thursday 13 June, 2024 9:19 am

Arada returns to global debt markets with successful closure of 3.5 times oversubscribed $400 million Sukuk

 Arada Developments LLC (“Arada”), rated B1 by Moody’s and B+ by Fitch, has successfully completed the issuance of its second public financing deal, a $400 million Sukuk, which has been listed on the London Stock Exchange and the Nasdaq Dubai. This is the first issuance under Arada’s...

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Business & Money | Thursday 13 June, 2024 9:01 am

Bajaj Allianz Life focuses on enhancing UAE’s customers experience

Bajaj Allianz Life, one of the leaders in private life insurance, commemorates its first anniversary of its representative office in Dubai, UAE. With a customer-first approach and a goal to deliver best-in-class services to Dubai’s Non-Resident Indian (NRI) population, Bajaj Allianz Life...

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Business & Money | Thursday 13 June, 2024 9:00 am

du to launch Hyperscale Cloud and Sovereign AI Services for the UAE Government with Oracle Alloy

du, from Emirates Integrated Telecommunications Company (EITC), today announced it will deploy Oracle Alloy to offer hyperscale cloud and sovereign AI services for the government and public sector entities in the UAE focusing on Dubai and the Northern Emirates. The signing ceremony took place...

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Business & Money | Thursday 13 June, 2024 8:57 am

MIE Events DMCC Announces Continued Collaboration with CIDEX and DIEC in Saudi Arabia

MIE Events DMCC Dubai, UAE -, a leading event management company, is excited to announce its second consecutive collaboration with the Construction & Interior Design Expo (CIDEX), following the tremendous success of its partnership with CTW SAUDI ARABIA in 2023. With Saudi Arabia's...

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Healthcare | Wednesday 12 June, 2024 4:48 pm

Tobacco harm reduction in the Middle East: an opportunity to lead by example

For decades, the world has grappled with the battle against the adverse health effects associated with tobacco consumption, and the Middle East – where the prevalence of cigarette smoking has traditionally been 20% of the adult population[1] on average – is certainly no...

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Business & Money | Wednesday 12 June, 2024 12:59 pm

Reload Logistics Unveils New Brand Identity and Major Expansions

Dubai – Reload Logistics, a leading provider of end-to-end supply chain solutions, proudly unveils its new brand identity to better align with its innovative, modern approach to logistics. Founded in 2007, Reload has been strategically amassing assets across major routes and ports in Sub-Saharan...

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Business & Money | Wednesday 12 June, 2024 9:13 am

Ministry of Cabinet Affairs Receives the Green Certificate by Moro Hub for Utilizing its Green Data Center

 Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority PJSC (DEWA), honoured the UAE Ministry of Cabinet Affairs (MOCA) with a Green Certificate. The recognition is in acknowledgment of the Ministry’s commitment to environmental sustainability...

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Business & Money | Wednesday 12 June, 2024 9:12 am

ROSHN Group Unveils Revamped Waterfront Walkway, Secures Guinness World Record

ROSHN Group is Saudi Arabia’s most trusted real estate developer and a giga-project wholly owned by the Kingdom’s Public Investment Fund (PIF). ROSHN’s multi-asset portfolio of integrated developments offer a new way of living for Saudi Arabia, featuring connected amenities in walking...

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