DUBAI, UAE –  The Dubai Center for Family Businesses, which operates under the Dubai Chambers umbrella, has released a ‘Sample Article of Association for Family Businesses’ to outline effective management, governance procedures and corporate best practices.This will help promote growth and continuity among family businesses in Dubai.The Sample Article of...

RIYADH, SAUDI ARABIA – The Kingdom's Minister of Environment, Water and Agriculture Eng. Abdurrahman bin Abdul Mohsen Al-Fadhli signed a memorandum of understanding (MoU) with the Turkish Minister of Agriculture and Forestry İbrahim Yumaklı.The MoU aims to strengthen cooperation and enhance production capabilities in the domains of agriculture, livestock and...

The company recently reported a net loss of US$4.9bn in Q3.

Dubai, UAE-- Hamdan Bin Mohammed Smart University (HBMSU) and Knowledge E have signed a memorandum of understanding to reshape the future of education in the emirates.The MoU was signed by Dr. Fahad Al Saadi, HBMSU Vice Chancellor, Learners Development, and Kamran R. Kardan, Founder and Chief Executive Officer of Knowledge...

The contracts to install traffic systems are worth US$211m.

Riyadh, Saudi Arabia -- The total assets under management (AUM) held by capital market institutions licensed by Saudi Arabia’s Capital Market Authority (CMA) rose 7 percent, or SAR 53 billion ($14 billion), quarter-on-quarter (QoQ) to SAR 823.6 billion in Q2 2023, according to the authority’s data.The total AUM held by...

DUBAI, UAE - The Dubai Supreme Council of Energy (DSCE) has received the ISO 50001:2018 in energy management systems and the net-zero statement of verification and assurance certificate.This followed a comprehensive assessment conducted by W3 Solutionz - USA through CanaGulf International Standardization.The new accomplishment adds to DSCE's achievements in energy...

Dubai, UAE--The UAE and Mozambique have signed a memorandum of understanding (MoU) in the field of workforce to improve the management of the contractual work cycle for Mozambican workers in the UAE.The MoU was signed by Dr. Abdulrahman Al Awar, Minister of Human Resources and Emiratisation (MoHRE), and Margarida Adamugy...

Abu Dhabi, UAE--The Securities and Commodities Authority (SCA) has signed a memorandum of understanding (MoU) with the UAE Banks Federation (UBF) to foster mutual cooperation in developing the financial sector.The aim is to establish the UAE as a major attraction for asset and wealth management in line with the government’s...

Learners across the country excel in business skills, communication, leadership, management, and human resources skills, Coursera's latest Global Skills Report points out.

Doha, Qatar--The increasing availability of government sukuk and Islamic liquidity management tools by the Qatar Central Bank supports liquidity management and investment options for Islamic banks, according to a report from Fitch Ratings.In a report issued today, it indicated that its review of its future expectations for three Qatari Islamic...

Abu Dhabi, UAE--UAE Banks Federation (UBF) organised a virtual workshop on combating trade-and-credit-documents-based money laundering on Wednesday.The workshop comes as part of UBF's ongoing efforts to improve frameworks and procedures necessary to develop and maintain the highest levels of compliance and risk management at member banks.The workshop was hosted under...

As Emiratization and Saudization requirements are mandatory for all businesses operating in the region, and large expatriate workforces are also common, there are many ways that organizations could make use of technology in easing the management of the processes involved, adds Goble.

China, Singapore and Hong Kong are planning to convert 80 percent of their cities into sponge areas by 2030 for various purposes.

Insurance claims are the ‘moment of truth’ for the customer and the biggest cost in the potential profit and loss, especially for retail businesses. That is why getting it right matters, the two experts highlight, referring to one of the latest research conducted by Arthur D. Little.

Facebook parent Meta has agreed to pay $725 million to settle a long-running lawsuit that accused the social network of allowing third parties, including Cambridge Analytica, to access users' private data. The amount was disclosed in a court filing late on Thursday. Facebook has not admitted any wrongdoing as part...

It will take $60-85 billion for the GCC to put in place a modern recycling system for waste management, according to a study carried out by Boston Consulting Group (BCG) and the World Business Council for Sustainable Development (WBCSD).

Saudi Arabia is expected to generate an annual income of $32 billion from recycling waste by 2035, according to the minister of environment, water and agriculture.

A cloud-based HR platform can help HR teams automate and streamline business processes to focus on attracting and nurturing talent. In addition to automating repetitive, low value activities, the right solution can also empower you to deliver better employee experiences, Nombika adds.

The UAE -- rated 69th globally in technology skills and 67th in data science -- has a significant chance to improve mastery of human cadres in achieving digital transformation.

The government is committed to expanding the management consulting services sector's participation in enhancing industrial production processes and facilitating access to global markets, said Youssef Shamali, Jordan's Minister of Industry, Trade and Supply.

Organisations can either view recent global disruptions such as Covid-19 pandemic as a death sentence or as a chance to embrace a new and more productive era of working. Dean suggests a few measures that may help businesses weather the current storm and equip them for future success.

Just days before the first court hearing in Twitter's lawsuit seeking to force the Tesla boss to close the $44 billion deal, the firm is stuck in limbo.

As business leaders are armed with the knowledge that hybrid working can form a part of the future, previously reluctant management will seek tools to ensure they can continue coordinating their teams effectively in order to boost productivity by taking care of employees' wellbeing.

Shareholders of Waha Capital have approved a cash dividend of 7.55 fils per share and a stock dividend of 2.45 percent. Waleed Al Mokarrab Al Muhairi, Chairman of Waha Capital, said Waha Capital continues to demonstrate strong financial and operating performance, which was reflected in the significant increase to our...

As Morocco withers under its worst drought in 40 years, experts warn that a combination of climate change and bad resource management could trigger severe drinking water shortages.

Saudi Arabia’s National Debt Management Center has closed the March 2022 issuance of Saudi riyal-denominated sukuk, valued at SR10.3 billion ($2.75 billion).

While biometric identity management systems have helped improve the pandemic-like situation to some extent by enabling officials at border gates to verify the identity of passengers at a faster rate, this sector demands frequent innovations.

Apollo-managed funds and clients will invest $1.4bn in Aldar.

After all, what is considered traditional wisdom — and therefore infallible — has at times been known to run counter to present-day business intelligence and management tactics. So, business-owners would do well to know which saying to adopt, and which one to steer clear of.

Steve Griessel, the new CEO of the Paramount Group will be providing strategic, financial and operational leadership to the company and will work with the Board of Directors, shareholders and senior leadership team.

The deals were signed at the eighth edition of EcoWASTE.

It is the 'largest seed' raised by a MENA SaaS firm.

The Saudi Capital Market Authority (CMA) intends to double the $213 billion funds under its management.

Saudi Arabia will invest $6.4bn in waste recycling over the next fifteen years in order to move to a more sustainable waste management system.

John will assume Amer Jeambey’ s role at the company.

Saudi Arabia has awarded a $95.4 million contract to a consortium to manage water services and environmental treatment in Riyadh.

The company hires two members for Industrial and Logistics.

EGA plans to have women in 25% of its supervisory roles.

Chalhoub Group is going to pack its top management positions with more women, and will also raise the number of Saudis working in the company