Digital payments scan success in UAE, but scams too
The rise of digital payments also increases the chances of payment frauds in the region, Damon Madden, Head of Business...The rise of digital payments also increases the chances of payment frauds in the region, Damon Madden, Head of Business Development - Fraud at ACI Worldwide, tells TRENDS
As more banks and financial services companies adopt financial technology, newer and innovative ways of digital payments are emerging in the UAE, experts point out
Jordan port workers strike as officials sacked over deadly gas leak
Hundreds of port workers staged a strike in Jordan on Sunday as the prime minister announced the sacking of several...About 95 percent of the 2,300 Aqaba port workers participated in the strike, according to AFP
At least 13 people, including five Vietnamese nationals, were killed and more than 260 others injured
Iraq’s June crude oil export revenue $11 billion: Ministry
Iraq received in excess of $11 billion as revenue for crude oil export in June, the Ministry of Oil said....Crude oil export in June from oil fields in central and southern Iraq amounted to (97) million (980) thousand and (589) barrels.
Total exported quantities from Kirkuk fields through Ceyhan port amounted to one million (910) thousand and (887) barrels.
Arab finance ministers mull over food security, Ukraine war
Foreign ministers of Arab nations discussed in Beirut a range of regional crises, with emphasis on food security and the...The discussions of the ministers dealt with the impact of the Ukraine war on the region and food security
As for the Ukraine war, the Arab diplomats were unanimous in rejection of any politicization of international organizations
Biggest tax cut in a decade will save British workers millions: Johnson
Speaking at the NATO summit in Madrid, Johnson said the "very, very tight labor market" and difficult "balance of our...The PM said when the National Insurance threshold rises Wednesday, it will save 30 million British workers up to $400 a year.
He said there is a "big chance" to fix unnecessary cost pressures for people and businesses across the UK.
World Bank and Jordan Chamber discuss investment law
Jordan Chamber of Commerce Vice President discusses with a World Bank team the Kingdom's investment regulation law and the incentives...Jordan's Chamber of Commerce stressed on the need to offer clear incentives to projects in the pipeline.
The move will help the private sector can publicize such incentives to lure in more investments.
Jordan imports 12.99mn barrels of crude oil in 2021
Jordan imported 11.8 million barrels of crude oil through the port of Aqaba, while a total of about 1.19 million...1.19 mn barrels of Iraqi oil were imported since supply was launched in September 2021 until end of 2021
Oil production from the Hamza oil field amounted to 105,000 barrels during 2021
UAE approves 22 policies to speed up circular economy model
The UAE has approved 22 policies that focus on accelerating the implementation of the circular economy model in the UAE in...These policies will focus on accelerating the implementation of circular economy model in he UAE in manufacturing, food, infrastructure, and transport.
A meeting of the Circular Economy Council also identified at least 16 circular economy activities that can create opportunities for businesses.
Jordan’s exports to Canada went up by 22 percent since 1997
During the last 25 years Jordanian exports to Canada have increased at an annualized rate of 21.75 percent, from US$885,000...During the last 25 years Jordanian exports to Canada have increased at an annualized rate of 21.75 percent
Jordan and Canada have signed free trade, labor, double taxation, environment and investment agreements
Tesla Model 3 joins Dubai corporation’s taxi fleet on trial basis
Tesla Model 3 has joined Dubai Taxi Corporation's fleet on trial basis, following the success of operating 172 Tesla vehicles...This follows the success of operating operating 172 Tesla vehicles in the limousine service since 2017.
The trial operation aims to verify the efficiency of the vehicle when deployed in the taxi fleet in the emirate, Dubai’s Roads and Transport Authority (RTA) said.
TSMC’s H1 revenue up 40 percent
Robust demand for AI technology behind the surge.
‘Wadeem’ sold out for $1.49bn
This is the highest Abu Dhabi real-estate release to date.
Tesla Q2 sales down 13.5%
Shares rally after the disclosure, better than some forecasts.
TomTom cuts 300 jobs
The firm said it was realigning its organization as it embraces AI.
Aldar nets $953m in sales at Fahid
Aldar said 42 percent of the buyers are under the age of 45.
