Riyadh, Saudi Arabia--The Saudi Ports Authority, also known as Mawani, has sanctioned five new shipping services that will link up the Kingdom with 43 international ports.  The five new services are projected to support commercial traffic, strengthen the national imports and exports system, as well as provide alternatives for importers, exporters, and shipping agents. In...

Sharjah, UAE--Sharjah Electricity, Water and Gas Authority (SEWA) has completed the installation of 23,000 new smart meters in 2022 and replaced mechanical meters with smart meters in various regions of Sharjah. The new smart meters are accurate which contribute to providing accurate readings free from errors, as well as rationalising...

The first UN delegation to visit rebel-held northwestern Syria since last week's earthquake crossed over from Turkey, AFP reported, as anger simmers at the world body's slow response. Over 35,000 people were killed when the quake devastated swathes of Syria and neighboring Turkey on February 6, at least 3,600 of...

DUBAI, UAE - Dubai Electricity and Water Authority’s ( ) virtual employee ‘Rammas’, which uses Artificial Intelligence (AI), answered over 6.8 million enquiries since its launch in the first quarter of 2017 until the end of December 2022. Saeed Mohammed Al Tayer, MD and CEO of DEWA, said that DEWA...

The second round is a continuation of the first round negotiations, which were organized in Rabat, Morocco, in November 2022

The MoU is aimed at improving services at kingdom's airports.

ABU DHABI, UAE - The Indonesian Government, G42, a UAE-based AI and cloud computing company, a global nonprofit OceanX and G-Tech Digital Asia (G-Tech) have announced the signing of a Letter of Intent to establish a collaboration to develop ocean research to help protect the marine environment. The Letter of...

Pact will help SMEs in UAE gain access to key banking services.

The World Trade Organization urged countries to abolish trade barriers in environmental goods and services to help fight climate change. In its annual World Trade Report, the WTO says global commerce should not be pitted against the climate crisis and said trade could enable the spread of green innovations and...

Dubai Electricity and Water Authority (DEWA) has successfully concluded its awareness campaign among customers about its innovative digital services on electricity and water efficiency, reducing wastage and leaks, and following a responsible and sustainable lifestyle.

Helsinki, Finland— Saudi Arabia and Finland have signed an agreement to regulate air transport and start air services between the two countries. The agreement is designed to propel economic partnership and boost trade. In this connection, the General Authority of Civil Aviation (GACA) of the Kingdom of Saudi Arabia and...

It posted $863.17m in revenues for the first nine months of 2022.

SEOUL, S. KOREA - South Korea and a group of Arab countries will hold another round of negotiations for their free trade deal next week, Seoul's trade ministry said Sunday. South Korea and the Gulf Cooperation Council (GCC) will begin the sixth round of official talks for a bilateral free...

Dubai Customs provides the services and facilities to licensed companies in the free zones of the Emirate to boost investments and attract more investors.

MENA residents' satisfaction and expectations about how services can and should be delivered have been radically altered due to the COVID-19 pandemic.

The firm approved a $1 billion share buyback after Q2 result.

MD and CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer received Consul-General of Canada to Dubai and the Northern Emirates Jean-Philippe Linteau at GITEX Global 2022.

UAE and Tanzania have signed an agreement for avoiding double taxation and preventing tax evasion.

More organizations in the region are trying to turn their current challenges into advantages through innovations and by improving skills to collaborate with suppliers and allies.

MD & CEO of Dubai Electricity and Water Authority (DEWA) Saeed Mohammed Al Tayer met a delegation from the Unified Economic Opportunity Commission of the Utah House of Representatives, USA.

Dubai's Roads and Transport Authority (RTA) has published its seventh Sustainability Report 2021. The report showcases RTA's practices in matters related to the environment, society and governance.

The Chairman of the Ajman Chamber of Commerce and Industry (ACCI) recently received an economic delegation from the Russian Federation to discuss prospects for developing relations between business owners from the two countries.

A global hub for major events, ADNEC centre has infrastructure, flexible teams and facilities to provide key services through a number of companies.

A delegation from Saudi Arabia's Royal Commission for AlUla (RCU) visited Petra on Tuesday to advance cooperation between the two kingdoms in tourism.

It will buy stake in a US healthcare firm Ardent.

Smaller banks may be left behind if they don't invest appropriately in digitalization, Redmond Ramsdale, Head of Middle East Bank Ratings at Fitch Ratings, tells TRENDS.

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.

Canada Cartage provides national fleet solutions.

Jordan king Abdullah urged coordination among state institutions to ensure the implementation of the modernisation roadmap.

Dubai Electricity and Water Authority (DEWA)’s Marafeq Smart Feature has contributed to accelerating issuing of No Objection Certificates (NOCs) for infrastructure and information services.

Wafi will also operate car services for Shell Global in  the kingdom.

Germany hit the highest level of inflation in 50 years due to a rise in the cost of living, energy, and foodstuff prices. The data provided by the Federal Statistical Office of Germany indicate that levels of inflation reached 7.9 percent in May 2022. The inflation rate is calculated by...

Qatar Chamber signed a deal with two Spanish organizations by which it seeks to enhance economic, commercial and trade cooperation with Spain. The two Spanish organizations are Spanish Chamber of Commerce and Madrid Chamber of Commerce, Industry and Services, according to Qatari media reports. Chairman of Qatar Chamber Sheikh Khalifa...

Dubai’s Virtual Assets Regulatory Authority (VARA) will enter into the Metaverse with the establishment of its Metaverse HQ in the dynamic virtual world of ‘The Sandbox’.

Dubai Financial Market (DFM) announced today that HSBC has become the first international General Clearing Member (GCM) to join the market, enabling the bank to provide clearing and settlement services to its customers worldwide and to other DFM trading members. The introduction of GCM service on DFM by HSBC is...

The Department of Economy and Tourism (DET) in Dubai and du, from Emirates Integrated Telecommunications Company (EITC), have opened the Digital Business Hub.

Licensed companies and small and medium enterprises (SMEs) accounted for 51 per cent of Ajman Free Zone’s total procurement of goods and services in 2021, a recent report released by the free zone showed. The report also revealed that 24 per cent of the total purchases and contracts made last...

The two companies will collaborate on aviation services.

Masdar City and Mashreq Bank have signed a Memorandum of Understanding (MoU) to provide financial services to Small and Medium-sized Enterprises (SMEs) and start-ups based in the city. This will include easy access to NeoBiz, the bank's first digital banking platform designed specifically for start-ups and SMEs. The MoU was...

Romanian business leaders were speaking at Romania-UAE Business Forum at Expo 2020 Dubai.

The Saudi Ports Authority (MAWANI) signed an agreement with shipping giant Bahri to build and operate an integrated logistics park on land leased at the Jeddah Islamic Port with a total area of 95436m2. President of MAWANI Omar Talal Hariri and Eng. Abdullah Ali Aldubaikhi, CEO of Bahri signed the...

The company will provide enhanced managed services to the UAE government.

The Zakat Fund has recorded total revenues of $6 billion in 2021, an increase of 5 percent over the same period in 2020.

The data was released on Thursday, February 10, by the country’s General Authority for Statistics (GASTAT).

The 2022 Zayed Sustainability Prize has been awarded to 10 winners who have contributed towards achieving sustainable development in their communities. The award ceremony coincided with the start of the 2022 Abu Dhabi Sustainability Week (ADSW) on Monday. Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum, who gave away the...

The country also mulled the idea of extending the validity of visas to reduce routine procedures.

An exhibition of Jordan’s trade and services is scheduled to start next Tuesday in the Syrian capital, Damascus. The event is jointly organized by the Jordan Chamber of Commerce (JCC) and the Federation of Syrian Chambers of Commerce (FSCC). JCC said that the three-day exhibition will be held at Damascus...

Expenses stood at 9.8 billion dirhams at the end of November 2021, against 9.58 billion dirhams a year earlier and 19.26 billion dirhams during the first eleven months of 2019.

The preliminary results showed a surplus value for the capital and financial account amounting to $222 million, mainly caused by the surplus in the capital account which amounted to $114 million.

The results of the operational performance analysis also reflect the Free Zone’s distinct position in the emirate's export and re-export landscape, as it contributed 36 percent to the total export and re-export activities during the first nine months of 2021. It is also due to the logistic advantages and strategic...