SAMA issues rules regulating ‘buy now pay later’ companies
Riyadh, Saudi Arabia -- The Saudi Central Bank (SAMA) has issued rules for regulating buy now pay later (BNPL) companies,...Business
Saudi Arabia, Estonia strengthen partnership in digital govt, economic fields
Estonian exports to Saudi Arabia totaled $80 million in 2020 Estonian delegation presented a workshop aimed at consolidating frameworks of...
Dar Al Arkan launches 3D construction tech in Saudi Arabia
Dar Al Arkan tied up with Danish 3D construction printer company Cobod The first 3D construction printed house would be...
Dubai records 4,429 real-estate transactions worth more than $3 billion in May
This was Dubai’s highest total sales transaction value in the sector since March 2017 $12.85 billion worth 20,989 real estate...
eCommerce booms in Saudi Arabia, market touches $970 million
Annual growth in eCommerce market expected to grow by more than 6 percent Currently, only 15 to 20 percent of...
AlSagr shareholders shout ‘no’ 15 times to reject 15 of 20 items during AGM
Not once, or twice, or even five times, AlSagr shareholders shouted no 15 times to reject three-quarters of the items...Appointment of Baker Tilly and Alkharashi & Co. as external auditors among proposals rejected
Investors also refused to endorse contracts involving firms with links to some board members
Trade between Dubai, Germany crosses $6.7 billion in 2020
Ambassador of Germany to the UAE 'impressed' with the free zone’s infrastructure Trade between two countries expected to grow more...
Dubai Airports to add 3,500 jobs as key terminals reopen this week
Opening terminals will boost the airport's PCR testing capacity 3500 employees will either be new hires or the ones waiting...
Halliburton wins key Kuwait Oil Company contract
Projects expand collaboration across all Kuwait fields to increase production and recovery The US group will collaborate with KOC...
Sharjah explores new avenues of cooperation with Guatemala
The focus of the discussions was particularly on renewable energy, culture, and tourism They also explored the opportunities available...
Saudi Arabia and Indonesia set up a task force to look at investment opportunities
Indonesia invited Saudi Arabia to invest in Bank Sharia Indonesia, the nation's largest sharia compliant bank It could also...
In Brief
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Revenue from Saudi cinema may exceed $1bn by 2030KSA, UAE play well as e-gaming trends across GCCExclusive: Middle East’s retail sector rides on AR and hybrid shopping to become $600bn digital economyTECOM Group profit soars 13%UAE startups eye Saudi Arabia for growth, expansionSaudi Arabia leads GCC AI healthcare raceDisparity remains as Saudis, Emiratis see wealth gains