Al-Dawaa Medical Services Company announces its intention to list on Saudi Exchange’s main market

Al-Dawaa Medical Services Company (“Al-Dawaa” or the “Company”), one of the leading pharmaceutical retail companies in Saudi Arabia, today announces its intention to proceed with an initial public offering and listing of its ordinary shares on the Saudi Exchange’s Main Market. On 22 December 2021, the Capital Market Authority approved the Company’s application for the […]

United Real Estate awarded Kuwait’s Most Innovative Community Developer by International Finance

United Real Estate Company K.S.C.P (URC), a leading real estate developer and investor in Kuwait and the MENA region, announced that it has been awarded Kuwait’s “Most Innovative Community Developer” in December 2021 by the International Finance Awards, part of the UK-based premium business and finance magazine, International Finance. Recognizing industry leaders, the award highlights […]

Abu-Ghazaleh for Technology announces record sales of technological devices during its first foundation year

 Talal Abu-Ghazaleh for Technology (TAGTech), a member of Talal Abu-Ghazaleh Global (TAG.Global), achieved a huge sales record during its first foundation year without reporting any significant losses exceeding 25% share in some markets . TAGTech manufactures top-class technological devices in its factories in China, Egypt and Jordan by specialized experts in the field of manufacturing […]

Saudi Arabia’s Urway becomes the first fintech to get certified by Saudi Payments

Urway, a Saudi Arabia-based fintech, has obtained the Electronic Merchant Service Provider – Payment Technical Service Provider certificate (eMSP – PTSP #PTSP001) granted by Saudi Payments, to become the first fintech to be certified after issuing the new regulations and rules of the payment sector in the kingdom. The feature-rich platform allows online merchants to […]

Ithmaar Bank offers Thimaar account holders BD1.6mln total prizes, including four grand prizes of BD100,000

Ithmaar Bank, a Bahrain-based Islamic retail bank, re-launched its Thimaar savings account, offering its Thimaar account holders 2,016 prizes – the highest number of winners by any bank in Bahrain. Ithmaar Bank will also offer a total prize purse of BD1,614,000, which includes four quarterly grand prizes of BD100,000 each, 12 winners of monthly salaries […]

Madayn launches Industrial Innovation Academy

The Public Establishment for Industrial Estates – Madayn has officially launched its Industrial Innovation Academy in the Knowledge Oasis Muscat yesterday (Sunday) under the patronage of H.E. Dr. Khamis bin Saif Al Jabri, Chairman of the Oman Vision 2040 Implementation Follow-Up Unit. The launching ceremony was attended by H.E. Dr. Saleh bin Said Masan, Undersecretary […]

Network International appoints payments industry veteran Abdulaziz Al-Dahmash as Managing Director – KSA

Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA), has announced the appointment of Abdulaziz Al-Dahmash as Managing Director for the Kingdom of Saudi Arabia (KSA). A well-known figure in the Saudi payments industry, Abdulaziz will be responsible for all aspects of Network’s business in KSA, one of the […]