Arab Digital Economy Panel explores region’s future in banking and e-commerce at Expo 2020 Dubai

Digitisation is the future of the Arab economy and is key to creating an integrated and innovative society, experts agreed on Sunday (13 February) at the Arab Digital Economy Panel at Expo 2020 Dubai. The event, sponsored by His Excellency Dr Ahmed Aboul Gheit, Secretary-General of the League of Arab States, and hosted by the UAE, aimed […]

Farnek Launches Standalone Smart Technology FM Solutions

Leading UAE-based smart and green facilities management (FM) company Farnek has launched a new smart FM technology solutions company, HITEK, under the leadership of Managing Director, Javeria Aijaz, who was previously Senior Director – Technology & Innovations at Farnek. Developed in-house, the HITEK solution 4.0, was originally launched in Q3 last year, connecting people, assets and spaces from […]

Arabian Drilling Company successfully execute its first capital market transactions

Arabian Drilling Company, a major drilling company in Saudi Arabia, has successfully raised SAR 2.0bn (c. USD 533m) from the local debt capital market. The transaction attracted massive demand from various investors group. Final order booked reached more than SAR 5.5bn which allowed the company to increase the issuance size from original plan of less […]