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January 10, 2025
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Business

Air Arabia shareholders approve 15% dividend distribution

Air Arabia (PJSC) (DFM:AIRARABIA) shareholders approved the distribution of 15 percent cash dividend for the financial year ending December 31, 2022 at the company’s Annual General Meeting (AGM). The dividend, which is equivalent to 15 fils per share, reflects another year of record financial performance for the award-winning low-cost carrier. The Board of Directors’
Business GCC Saudi Arabia

Biban 2023 powers the future of Saudi entrepreneurship with the launch of $13.8 billion-worth of agreements and initiatives

Riyadh, Saudi Arabia — Biban 2023 — Saudi Arabia’s flagship startup and SME forum — has brought leading entities from around the world together to sign a series of landmark agreements worth approximately $13.8 billion in support of the startup community. Organized by the Small and Medium Enterprises General Authority of the Kingdom of Saudi […]
Business

Jaguar Land Rover partners with Tata Technologies

14 March 2023, Dubai, United Arab Emirates: Jaguar Land Rover is partnering with Tata Technologies, the global engineering, product development and digital services company, to accelerate the digital transformation of Jaguar Land Rover’s industrial strategy. The first phase will include UK core production facilities, with solutions subsequently deployed to other global
Business GCC Saudi Arabia

Saudi-Based Company White Helmet Named 2022 Entrepreneurship World Cup Champion

Riyadh, Saudi Arabia — After four days of fierce competition, with 100 up-and-coming startups representing 53 countries, one has emerged the victor of the Entrepreneurship World Cup (EWC). White Helmet, a company that provides a platform to manage and monitor construction operations remotely, from anywhere and at any time, returns home with a US$300,000 share […]
Business GCC UAE

UAE Industry Approaches to Delivering ESG Innovation

Dubai, UAE; 14 March 2023: The Dubai Sustainable Finance Working Group (DSFWG), established in 2019 by Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, and Dubai Financial Market (DFM), the leading financial market across the region, has published three new reports that aim […]
Business

Minister of Economy invites German companies

 H.E. Abdullah bin Touq Al Marri, UAE Minister of Economy, met with a trade and industry delegation from Germany recently, during his visit to the country to explore the strengthening of cooperation between Abu Dhabi and Berlin. The German delegation consisted of H.E. Dr. Mark Speich, State Secretary for Federal, European and International Affairs and […]
Business Logistics

Leaders from eXtra, Flow Progressive Logistics, Nomu Group and more to Speak at Shipsy’s Limitless CXO Roundtable in Jeddah

Saudi Arabia’s top logistics leaders will highlight key initiatives they are taking to ‘power the next wave of logistics excellence’ and make KSA a global logistics leader. Dubai, United Arab Emirates, 14th March 2023: Shipsy, a leading SaaS-based logistics management software provider, is set to host the Limitless CXO Roundtable on the 15th of March, […]
Business

HyperPay announces collaboration with Oracle

Riyadh,14 March 2023 – HyperPay announces it is collaborating with Oracle to provide a “No-Show” solution benefiting hotels using Oracle OPERA Cloud Property Management System (PMS). In a post-pandemic landscape, hotels are dealing with a sharp increase in demand but often lack the ability to successfully meet it, especially as a great number of no-show […]
Business

Dar Group acquires CopperTree

Dubai, United Arab Emirates — Dar Group has acquired a majority stake in CopperTree, a Canadian-headquartered provider of building analytics solutions. The deal will see CopperTree join the Dar Group of companies. Acquiring CopperTree will enable Dar Group to grow its market share and provide a more integrated digital service offering across its core markets, […]
Business

ZEDRA Completes Rebranding of AlleyBe Group

LONDON — ZEDRA, the fast-growing global specialist in Active Wealth, as well as Corporate, Global Expansion, Funds, Pensions and Incentives services, today announces it has completed the integration and rebranding of AlleyBe Group, a leading Maltese corporate service provider, trustee and Virtual Financial Asset (VFA) agent, founded in 2015. The integration and rebranding
Business

Landmark agreements worth over $6.4 billion announced on Day 4 of Biban 2023 forum

Riyadh, Saudi Arabia — Today, the Social Development Bank (SDB) pledged $6.4 billion to funding entrepreneurs, small and medium-sized enterprises (SMEs), and freelancers across the Kingdom over the next three years. The multibillion-dollar pledge was announced on Day 4 of Biban 2023, with the landmark commitment set to contribute to the achievement of the nation’s […]
NEWS DESK Business

Investment exchanges in the sector

H.E. Abdullah Bin Touq Al Marri, Minister of Economy, met with tourism ministers of Oman, Egypt and Jordan on the sidelines of ITB Berlin 2023, to explore the means to boost investment exchanges with these countries in the sector. During the meeting, H.E. Bin Touq said that the UAE’s tourism sector is replete with investment […]
Business GCC UAE

Ondas’ Airobotics and Dubai Police Will Cooperate to Implement Drone-in-a Box Infrastructure and Aerial Defensive Solutions Against Potential Aerial Threats

WALTHAM, Mass. & DUBAI, UAE — Ondas Holdings Inc. (Nasdaq: ONDS) (“Ondas” or the “Company”), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, announced today that its wholly-owned subsidiary Airobotics, Ltd. (“Airobotics”) and Dubai Police have signed a Memorandum of Understanding
Business Logistics

Shipsy Signs MoU with Monsha’at

Dubai, United Arab Emirates – 13th March 2023: Shipsy, a leading global SaaS-based logistics management platform provider, announced that it had signed a memorandum of understanding (MoU) with Monsha’at, the Small and Medium Enterprises General Authority of the Kingdom of Saudi Arabia, to support Saudi Vision 2030. This development took place at the sideline of […]
Business

Experience Luxury in the Heart of Bangkok

Bangkok, Thailand — Sindhorn Kempinski Hotel Bangkok, a luxurious hotel located in the heart of Bangkok, renews its focus on the Middle Eastern market following increased demand from travellers in the region. As the brands second property in Bangkok, it has shown its commitment to the GCC, with a roadshow titled ‘Rediscover Bangkok with Amazing […]

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