UAE to press firms with 20-49 staff to hire at least one Emirati in 2024
Dubai, UAE--The UAE's Ministry of Human Resources and Emiratisation (MoHRE) has started implementing the cabinet decision to expand the scope...Business
Maisarah leads Oman government’s successful sukuk issuance
MUSCAT, OMAN - Maisarah Islamic Banking Services, Islamic window of BankDhofar, acted as an Issue Manager for the Sovereign Sukuk...Business Banking & Finance Markets
Etihad arm to convert Boeings
Etihad Engineering will provide passenger-to-freighter conversions.Etihad Engineering will use its expertise and capabilities for the specialized Boeing 777-300ERSF conversion
It will initially facilitate two conversion lines to accommodate multiple aircraft conversions per year
Qatar Petroleum begins expansion
It has awarded an contract to Madrid-based Técnicas Reunidas.The expanded facilities will be utilized to handle liquid products from the four new LNG trains comprising the North Field East project
The facilities will also reportedly support two new LNG trains comprising the North Field South project
The most vulnerable Linux distros
Now, security solutions provider Trend Micro has said that detected millions of “security events” in Linux distributions — both in...The most common security event seen in Linux systems was coinminers
The Linux distro with the most vulnerabilities was CentOS Linux
Women-only business package introduced in Masdar
Masdar City Free Zone offers opportunities for UAE women who constitute 70 percent of UAE university graduates and are also...The announcement comes ahead of Emirati Women’s Day on Aug. 28.
A team of experts are available to assist aspiring women entrepreneurs.
Now airplanes probe earth for mineral wealth
Saudi Arabia has begun to obtain ‘high-resolution’ geological data spread over 600,000 square kilometers in the kingdom, enabling it to...He also said that the Kingdom is one of the richest countries in the world in terms of mineral resources with an estimated value of SR5 trillion ($1.3 trillion)
It will also attract investments in the mining sector to achieve the goals of Saudi Arabia’s Vision 2030
IsDB and OIC keen to boost cooperation
Both institutions will work toward supporting economic and social development in member countries.IsDB is organizing a forum in Tashkent on Sept. 2 on post-Covid 19 situation.
Both institutions will work toward supporting economic and social development in member countries.
Saudi IT sector eyes boom, likely to touch $27bn by 2025
The Information technology (IT) sector in Saudi Arabia will witness a big boom, with the market expected to touch $27...IoT market size is expected to grow at a compound annual rate of 26%
Cloud services are expected to make up to 30 percent of the total ICT spend in the Kingdom by 2030
Iran to set up real-estate stock exchange in H2
When established, it is expected to be Iran’s fifth major stock exchange.It will be under the purview of the Iran Mercantile Exchange or IME
Such an exchange is expected to provide housing units for the underprivileged
Saudi Arabia lifts ban on entry of foreigners
Saudi Arabia has lifted the ban on the entry of foreigners from 20 countries, six months after the kingdom declared...The Ministry of Foreign Affairs’ agency for consular affairs said the decision only applied to expats who were fully vaccinated in Saudi Arabia before they departed for their home
Expats wanting to return to the Kingdom should undergo all health measures to ensure they were free from infection, the agency added
IFC pours $10.4bn in private sector in MENA
During the current financial year, the International Finance Corporation (IFC), a member of the World Bank group, provided financing worth...IFC's financing included $2.9 billion in short-term finance and $4.2 billion in mobilization
The funds helped small businesses access finance, connect people and businesses to reliable digital infrastructure, trade and services
