The Communications and Information Technology Commission (CITC) is hosting the first edition of the annual Digital Technology Forum with the theme of “Promising investment opportunities for a digital future”. The forum will be held in coordination with the Saudi Ministry of Communication and Information Technology (MCIT) and the Saudi Ministry of Investment (MISA). It will […]
Category: LATEST NEWS
Israel’s pavilion at Expo2020 Dubai: An invitation to create a new future
The Israeli pavilion, produced by AVS, a company headed by Malki Shem-Tov, and designed by Knafo Klimor Architects, is 15 meters (M) high and 1,550 square meters (SQM) built up area. The architecture draws its inspiration from the arid landscapes of Israel and other Middle Eastern countries. The pavilion adopts the shape of sand dunes […]
Accounting for 43% of sales, courier and parcel service providers set to dominate global cargo bike market as leading end users
Easy mobility and maneuverability of cargo bikes are chief factors shaping the demand outlook of the global cargo bikes market. As per a recent market study by ESOMAR-certified consulting firm Future Market Insights (FMI), the cargo bikes market totaled US$ 900 Mn in 2021. As traffic congestion is increasing across the globe, government authorities in various counties are encouraging […]
Northladder welcomes a new chief revenue officer
NorthLadder has appointed Mihin Shah to assume the role of Chief Revenue Officer (CRO). NorthLadder is an auction-driven, second-hand online marketplace for pre-owned luxury assets and electronics. As the startup expands its presence in the region, it will benefit greatly from its newest member to drive growth. Given his experience and expertise, Mihin is well […]
Dubai Financial Services Regulator appoints new Chief Executive
The Board of Directors (Board) of the Dubai Financial Services Authority (DFSA) has announced the appointment of F. Christopher Calabia as the new Chief Executive of the DFSA. Chris will succeed Bryan Stirewalt with effect from 1 October 2021. Chris is an accomplished leader in financial regulation with a career that spans 30 years in […]
Backbase expands commitment to Saudi Arabia with new center and appointment of new senior leadership
Backbase is reaffirming its commitment to Saudi Arabia with the launch of a new regional office and the appointment of a new senior leadership team in the country. This latest expansion follows increasing market demand in Saudi Arabia, with SAMA – the Kingdom’s financial regulator – offering new licenses and open banking development as part […]
Mohamed Al Sharhan appointed as Deputy Managing Director of World Government Summit Organization
His Excellency Mohammad Abdullah Al Gergawi, Minister of Cabinet Affairs, Chairman of the World Government Summit Organization, has approved the appointment of Mohamed Yousef Al Sharhan as Deputy Managing Director of WGS, in a step that embodies the directions of the UAE leadership to empower the youth, and enable them into creating effective change and […]
Careem appoints new General Manager for its operations in Saudi Arabia
Careem announced the appointment of Ghaith Al Johani as General Manager in the Kingdom of Saudi Arabia. Al Johani is one of the Saudi Arabia’s youth leaders, who have contributed to enhancing the presence and growth of many international institutions and brands. Ghaith comes with more than 15 years of experience in Saudi Arabia having […]
Nox Management realizes a significant profit after the acquisition of &ever in a deal worth Euro 130mln
Kuwait’s Nox Management a subsidiary of Al Wafir Marketing Services, part of the Al Bahar group announced that it has realized a significant profit, after Kalera AS one of the fastest growing vertical farming companies in the world, announced that it has entered into a share purchase agreement to acquire &ever GmbH, a world leader […]
National Investments Company succeeded in new investment in pipe technologies
Mr. Fahad Al Mukhaizim, CEO of National Investments Company (“NIC”), said in a press release: The Investment Banking Sector (“IB”) managed to capture many new investments in the infrastructure, real estate, credit and technology sectors, Furthermore the Company started the year 2021 with a strong pipeline of mandates, including a number of M&A buy-side mandates, […]