CBB Sukuk Al Salam securities oversubscribed by 372%
Manama, Bahrain--The Central Bank of Bahrain (CBB) announced that the monthly issue of the Sukuk Al Salam Islamic securities has...Business
Saudi Arabia, Belarus ink MoU to boost trade, investment
RIYADH, SAUDI ARABIA - The Federation of Saudi Chambers and the National Center for Marketing and Price Study at the...Business Economy Geostrategy
Tadweer of Abu Dhabi to hold ‘EcoWASTE’ exhibition
The exhibition and forum cover various fields, including recycling and waste management and treatment in the MENA region.It will begin from17th January to 19th January 2022 in Abu Dhabi at National Exhibition Center (ADNEC) as part of the Abu Dhabi Sustainability Week
The forum would also work as an integrated platform for developing and formulating practical and sustainable waste management practices
Air Arabia named the most punctual airline by Moscow Airport in 2021
Air Arabia has been named as the most punctual airline in 2021 at Moscow Domodedovo Airport in the category of...The Moscow Domodedovo Airport is the largest in Russia with the punctuality competition being held on an annual basis among its partner airlines.
The Airport evaluated the performance of numerous worldwide partner airlines, based on punctuality - calculated based on flight frequency.
Jordan Banking Organization honors former Jordan’s Central Bank Governor
The Association of Banks in Jordan (ABJ) held a ceremony to honor the former Governor of the Central Bank...The ceremony was held via teleconference, and attended by Jordan's Prime Minister Bisher Khasawneh, CBJ Governor Adel Sharkas.
Chairmen and CEOs of more than 59 banks were present at the felicitation ceremony.
UAE sets up “Coders HQ” to boost coding communities
The UAE government has launched the Coders HQ, a new transformational project that re-defines local coding communities, in partnership with...The project, established in the Emirates Towers, aims to build a new generation of coders, enhance their capabilities and skills in the fields of coding and technology
The project was launched in a virtual ceremony organized by the National Program for Coders, in the presence of Omar bin Sultan Al Olama, Minister of State for Artificial Intellige
Abu Dhabi Department of Culture and Tourism sets $272 business license fee
In a bid to promote the growth of the tourism industry in Abu Dhabi, the emirate's Department of Culture and...License holders who currently pay varying fee amounts, depending on the level of business activity.
Overall, the changes represent an almost 90 percent reduction in total license fee costs.
Dubai enacts new law on seizure of property for public use
Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai and vice president and prime minister of the UAE, issued Law...The provisions of the Law will apply to the expropriation of property across Dubai
The Law also covers special development zones and free zones including the Dubai International Financial Centre
2021 best-ever year for DMCC, 2485 companies attracted to Dubai
 Dubai Multi Commodities Centre has said it recorded its best year on record as it attracted 2, 485 companies in...The authority also saw its best June, August, September and November, reaching a total of over 20,000 member companies.
The significant attraction was seen in key target markets, including China, US, UK and Russia
Khalifa Fund allys with eBay to help SMEs export goods
The Khalifa Fund for Enterprise Development has teamed up with eBay as the latest partner of the e-Empower initiative, under...The partnership aims to further enhance Abu Dhabi’s e-commerce ecosystem, while also being in alignment with the mandate to diversify the Emirate’s economy
The collaborative partnership will see Abu Dhabi based SMEs and medium-large enterprises gain a variety of benefits to create growth
Nokia expects strong 2022
The company said as a supply chain crunch and inflation are set to ease.The announcement follows a string of quarterly earnings surprises for the network equipment maker, which last October managed to boost its third quarter profits.
Nokia now expects an operating margin ranging between 11 percent and 13.5 percent in 2022.
Saudi Arabia could be a regional mining center
The expert opinion comes as Riyadh hosts the International Mining Conference, the largest of its kind in the Middle East...Saudi Arabia serves as a platform for global dialogue on mining prospects
A dozen Saudi government entities will present investment prospects via an integrated platform
