UN says over 700,000 displaced within Sudan since beginning of conflict
Heavy fighting in Sudan has displaced 700,000 people within the country since the middle of April, the United Nations said,...
Geostrategy
UAE minister calls for using digital tech in building peace
New York, USA - Omar Sultan AlOlama, UAE's Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications,...
Geostrategy
16,000 more Palestinians to get work permits in Israel
Jobs in Israel offer higher wages but Palestinians complain they do not get paid as much as their Israeli counterparts...
Bahrain bats for booster shots to battle Covid-19
Bahrain’s National Medical Taskforce for Combating the Coronavirus said the booster shots help maximize immunity against Covid-19.
Emirates NBD’s first half profit rises 17% to Dh4.8 billion
Total income of the Dubai’s largest bank has jumped 9 percent over the preceding half year due to a marked...
Kuwait commits $2.5 million to Lebanon via UNDP for waste management
This is part of an agreement between Kuwait and the UNDP, called the Stabilisation through Solid Waste Management Projects in...
FAB reports H1 2021 Group Net Profit of $1.47 billion
First Abu Dhabi Bank saw a first-half 2021 Group Net Profit of AED5.4 billion ($1.47 billion), which was an 11%...
Saudi tourism fund adopts cloud computing to help investors
Tourism Development Fund, which was set up in June, says use of Oracle Cloud applications will enhance data integration, increase...
$350m Murabaha financing for Pakistan concludes
Twelve banks from the region fully subscribed the transaction in which Ajman Bank also acted as investment agent.
‘Wounded soul’: Beirut blast haunts scarred survivors
The August 4 blast that thundered through the city levelled entire neighbourhoods, killed more than 200 people, wounded 6,500 others...
Saudi hobbyists can do a lot at this online platform
Hawi will make it easier for amateur clubs to establish their teams and register members besides promoting international exchange of...
WeDeliver raises $2.4 million in pre-Seed round
This is the largest pre-Seed round for a Saudi-based startup and the third-largest in Mena region.
UN says over 700,000 displaced within Sudan since beginning of conflict
Heavy fighting in Sudan has displaced 700,000 people within the country since the middle of April, the United Nations said,...
Geostrategy
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Dubai Media Inc affiliated to Dubai Media Council
In his capacity as the Ruler of Dubai, Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister, has...
Business
UAE Ambassador to Iran will soon resumes duties
In line with UAE efforts to strengthen relations with the Islamic Republic of Iran, the Ministry of Foreign Affairs and...
Geostrategy
Saudi business tax payers asked to submit July declaration
The Zakat, Tax and Customs Authority has called on taxpayers from the business sector subject to value added tax (VAT)...
Business
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Business
Telecom Egypt and Orange Jordan’s CAB System to connect Iraq to Europe
Telecom Egypt, Egypt’s first integrated telecom operator and one of the largest subsea cables operators in the region, and Orange...
- The Cairo Amman Baghdad System will be ready for service in the third quarter of 2022.
- Once launched, it will be the most advanced, scalable gateway and express route connecting Iraq to Europe using the companies’ networks, the companies said in a statement.
Business
Cross-currency payments face challenges
Cross-currency payments cut the need for foreign transaction fees for customers, encourage customer loyalty and reduce cart abandonment but they...
- Cross-border payments are not always hugely inclusive to individuals, according to ManagedLEI, a Registration Agent of Legal Entity Identifiers.
- In countries where access to a bank account is low, for example, not everyone will be able to make cross-border transactions.
Geostrategy
UAE, Egyptian leaders review fraternal relations in Al Alamein City
President Sheikh Mohamed bin Zayed Al Nahyan arrived in Al Alamein City on a visit to the Arab Republic of...
- President Sheikh Mohamed bin Zayed Al Nahyan has arrived in Al Alamein City on a visit to the Arab Republic of Egypt.
- President of Egypt, Abdel Fattah el-Sisi received UAE President Sheikh Mohamed at the airport where the leaders discussed cooperation between the two countries.