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Business

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NEWS DESK Business

re.life market enables recycling

Sharjah, UAE (January 31st, 2023): re.life market, the virtual marketplace for business-to-business buying and selling of recovered commodities, recorded over 150,000 tonnes of recyclable material being traded on the platform in 2022, amounting to over AED100 million in value. This is a major milestone for the platform, which was launched by re.life in 2021, and […]
Business GCC Saudi Arabia

SAL Saudi Logistics Services and Menzies Aviation sign MoU to collaboratively deliver world-class passenger handling services for Low-cost carriers at Saudi airports

London, United Kingdom — SAL Saudi Logistics Services and Menzies Aviation have signed a Memorandum of Understanding to develop a comprehensive study on delivering best in class passenger handling services for Low-cost carriers at Saudi Arabia airports. Under the MoU, Menzies Aviation and SAL Saudi Logistics Services will work together to explore the potential of […]
Business

Indo-Arab professionals launch, Funding Possibilities

A group of six professional entrepreneurs across the UAE and India, who have invested in more than 75 start-ups and helped businesses raise US$500 million worth of capital, have joined hands to launch a Fintech Platform called Funding Possibilities, that will connect start-ups with investors, borrowers with lenders and buyers with sellers. The mission of […]
Business GCC Saudi Arabia

Techstars, MCIT, RAED Ventures and Saudi National Bank Announce the Continuation of The Riyadh Techstars Accelerator

BOULDER, Colo. — Techstars, one of the largest pre-seed investors in the world, in collaboration with the Ministry of Communications and Information Technology of the Kingdom of Saudi Arabia (MCIT), RAED Ventures and Saudi National Bank (SNB) today announce a new partnership to continue The Riyadh Techstars Accelerator. As a part of Saudi Arabia’s emerging
Business

CBHUK CEO Predicts A Massive Digital Transformation In The Hajj Sector, Which Will Improve The Overall Pilgrim Experience 

According to Rashid Mogradia, chief executive officer of the Council of British Hajjis, the massive digital transformation sweeping various aspects of the Hajj and Umrah sector in Saudi Arabia will streamline the delivery of services and improve pilgrims’ experiences. Mogradia, reporting from Jeddah’s Hajj Expo 2023, praised the industry’s dedication to
Business GCC Qatar Saudi Arabia UAE

Saudi Arabia, The UAE, And Qatar Gain A Cultural Advantage Through Significant Investments In The Creative Economy

Undeniably, there was a rush in 2022 to make up for the disastrous effect the pandemic had on tourism, entertainment, and concert attendance in 2021 because of lockdowns. As the rest of the world’s economy struggles to recover from the global pandemic caused by the conflict in Ukraine, the energy-exporting countries of the Persian Gulf, […]