Avalon sets sights on Tadawul listing
The firm will offer 6 million shares in its Initial Public Offering.Company News Business
Madinah on list of top five regions for e-commerce records
Madinah, Saudi Arabia -- The number of existing electronic-commerce records in Madinah reached 1,834 during the 4th quarter of 2023,...Business
UAE gateway to GCC and Africa markets, says India’s industry minister
India's Minister for Commerce and Industry Piyush Goyal has said that his country's goal is to become the UAE's number...UAE commits $100 billion investment and infrastructure creation in India, says Piyush Goyal.
The UAE-India CEPA will be India’s fastest-negotiated Free Trade Agreement ever between two nations, he said.
Rossi appointed Acer Mideast VP
Michele Montecchio was appointed as Country Manager for the Middle East.Paul Collins, after driving the Acer Middle East and Africa business for seven years, has decided to retire.
Rossi has been with the firm since 2007, having started in product development.
Masses gearing up as NFTs enter video games
Non-fungible tokens are digital items whose certificates of authenticity and ownership are registered on blockchains, the technology behind cryptocurrencies.From art to fashion, the creative industries have been quick to experiment with this innovation
NFTs, meanwhile, have sparked excitement and skepticism alike in the tech sector
Tourism, retail to fuel Dubai economy growth in 2022
The insights from the Dubai Chamber study were released during a business seminar titled The Road Ahead: UAE and Dubai...In 2022, the UAE economy is projected to record an estimated annual GDP growth rate of 3.4 percent
The entire UAE economy began to recover in 2021 by registering an estimated annual GDP growth rate of 3.1 percent
UAE tax authority tour ensures readiness of tourist VAT recovery scheme
The Federal Tax Authority of the UAE has organized field tours to ensure the readiness of Self-Service Kiosks, which allow...Self-Service Kiosks, which allow tourists to recover VAT on their purchases, have been placed at all exit ports.
The kiosks are also available at several commercial centers and hotels that are included in the tax refund scheme.
Jordan minister urges officials to expedite services for citizens, investors
Nayef Steitieh told field managers in his ministry and across governorates to also look to replace expatriate workers with those...Jordan’s Minister of Labor Nayef Steitieh on Saturday, December 19, called for investing in e-transformation
The move is expected to save time and effort of beneficiaries from the ministry's directorates and governorates
Here’s why FIFA wants a biennial World Cup
A controversial proposal of staging the FIFA World Cup championship every two years rather than the current four-year cycle is...FIFA is to hold an online global summit to discuss the feasibility of biennial world cups
An association of 54 of FIFA's 211 members, the Confederation of African Football' supports the idea
How do NFTs work? Here’s a peek
An NFT by digital artist Beeple was auctioned at Christie's in March for $69.3 million in March this year.Non-Fungible Tokens or NFTs are digital items that can be bought and sold using this blockchain technology
However, they are not fungible, meaning an NFT cannot be exchanged for another NFT
Omantel pushes for 5G adoption
The Oman-origin telecom firm has signed a deal with Optiva for this.Omantel’s agreement with Optiva will upgrade the latter’s Charging Engine to a cloud-native architecture on the former’s private cloud
The upgrade is expected to support new business models for 5G monetization
Morocco may see its its waste problem blow up as recycling lags
Morocco’s official recycling aim is 20 percent garbage by 2022 which has been moved to 2030.No domestic organic waste is treated at the factory because “it’s too expensive”
Official data shows that 66 illegal rubbish dumps in Morocco have been regularized or closed
