UAB concludes $200m term loan
Proceeds of the facility will be used for general corporate purposes.Business
Tesla files recall on 2m vehicles to fix autopilot software
Tesla's Autopilot program has spurred numerous government investigations as well as media exposes focusing on misuse or vulnerabilities. The system...Business
Saudi food company Tanmiah gets nod from regulator for share sale
Tanmiah Food Company has won approval from CMA to sell 30 percent of company shares The food company employs...
Saudi Aramco unveils first dollar sukuk bond
The bonds will be issued in three tranches The deal will consist of three, five and ten year tranches...
Emirates NBD, Dubai’s largest lender, lists $750m bond on Nasdaq
The second offering for 2021 has increased NBD’s listed bonds to more than $5.1 billion. It was 2.3 times...
Ajar partners with Visa for online rent collection in Kuwait, KSA, Bahrain
New system will replace cash and cheques with a convenient credit card transaction Payments can be made instantly, with real-time...
Sharjah and Guatemala to boost economic ties, shore up investments
the Sharjah Chamber is keen to enter the Central American markets as a fertile market for agricultural and food products...
Saudi Arabia bans import of poultry, eggs from three regions in France due to spread of bird flu
The Saudi Food and Drug Authority took the decision due to the spread of bird flu there The regions are...
Oman-India JV marks launch of quartz stone project in Sohar
The plant began its commercial production last week after a trial run of its plant and machinery MAVPL and its...
Ajar partners with Visa for online rent collection
The new partnership will let real-estate agencies, landlords, and property management companies registered on the Ajar platform collect rent...
TheLifeCo: The ‘wellcations’ is the new rising trend
TheLifeCo enables weight loss and rejuvenation with its personally designed detox and natural therapies effective for anti-aging. Popular names...
Snoonu launches ‘No riders under the sun’
Starting from mid-May, Snoonu has transitioned exclusively to car deliveries for the summer season Snoonu is Qatar's home-grown success story...
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