Maisarah leads Oman government’s successful sukuk issuance
MUSCAT, OMAN - Maisarah Islamic Banking Services, Islamic window of BankDhofar, acted as an Issue Manager for the Sovereign Sukuk...Business Banking & Finance Markets
Makeen, Rolls-Royce forge partnership
They will manufacture, test, sell and service mtu engines in Saudi.Company News Business
39% of Sub-Saharan Africa firms lack anti-bribery controls: survey
The report surveyed risk and compliance professionals and business leaders across 47 countries in SSA.The report surveyed risk and compliance professionals and business leaders across 47 countries in SSA
More than 23 percent of the organisations have fallen victim to bribery and corruption over the past five years
Where do Arab countries stand on fintech?
Financial technology, or fintech, automates and improves the delivery of financial services.Making technology an essential subject in educational curricula in schools is important to advance fintech in Arab countries
Arab Bank and the National Bank of Kuwait have the best technologies in fintech and online banking
Virgin continues space ticket sale
The current fare is $450,000 per seat.Virgin Galactic has sold around 100 tickets since flying its founder Richard Branson to space earlier this year
In total, the company has now sold 700 space tickets, according to a spokesperson
Iran, Oman discuss ways to promote private sector and medical tourism
Oman and Iran have discussed ways to promote trade relations between the private sector in the two countries as well...The talks were held on the sidelines of the 5th International Conference on Health in Islamic Countries, in Tehran.
Iran-Oman Virtual Expo launched in late September by the Iran-Oman Joint Chamber of Commerce 'has been well received'.
AlUla will become top tourist destination: French ambassador
Ludovic Pouille, French ambassador to Saudi Arabia, believes that AlUla Governorate will become one of the top international tourist destinations...He also expressed admiration of what he saw during his third visit to AlUla this year, referring to its nature and developments
The ambassador noted that the two countries cooperate in the field of agriculture and environment employing innovative techniques and methods to face the climate change
AD Ports subsidiary forays into construction logistics market
MICCO Logistics, a subsidiary of AD Ports, has shown interest in tapping into the construction and metals manufacturing sector by...The acquisition, with a combined transport capacity of more than 2,300 metric tonnes, will expand the company’s existing ground fleet of more than 400 vehicles
The new tipper fleet will be fully equipped with pre-installed fleet management systems
Emaar Malls Q3 net profit $122m
The profit is 86 percent more than that of Q3 2020.The revenue rose to 1.14 billion dirhams from 839 million dirhams in the same period last year.
Occupancy at key assets of Emaar was 91 percent during the quarter.
Kuwait’s shopping mall, the Avenues, to open in Saudi Arabia
The largest shopping mall brand in Kuwait, the Avenues, is all set to venture into Saudi Arabia with the opening...It will launch the outlets in Riyadh and Alkhobar
The design for Riyadh is now complete and the contract is expected to be awarded soon
Q3 real estate transactions worth $1.55 billion recorded in Sharjah
Real estate transactions worth AED5.7 billion ($1.55 billion) were recorded in Sharjah during the third quarter of 2021, an increase...A total of 1,662 sales transactions were recorded during Q3 2021, showing an increase of 52.5 percent compared to the same period last year.
About 76 percent (1,262) of the sales transactions were made in the residential sector, followed by industrial sector (206), commercial (152) and agricultural (42).
Expo 2020 receives 3m visits in first five weeks
It has just been a little more than a month and Expo 2020 has received some three million visits, since...Organizers also said that the number of virtual visits to the Expo 2020 Dubai’s online platform has reached 14.8 million since October 1
Ticket sales for the fair have been beefed up to increase traffic to the fair
