Global real estate advisory firm Alpha1Estates said on January 20 that its real estate index for Makkah and Madinah had jumped by 12.9% in 2021, compared to a fall of 7.6% in 2020, as the recovery from the COVID-19 pandemic continues with global travel to the Holy Cities up, but with relevant restrictions. In the […]
Dubai Customs ranked second on Dubai Government’s Customer Happiness Index scoring 91.8%. The results were announced by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council. Commenting on this achievement, H.E. Sultan bin Sulayem, DP World Group Chairman & CEO and Chairman of Ports, Customs and Free Zone Corporation said; “Dubai Customs […]
The Dubai property market is witnessing a remarkable recovery as an upward trend is noted in both the prices and demand for residential properties. While there are other factors at play, the growth is mainly attributed to Expo 2020 Dubai, as areas closer to the global fair site are performing exceptionally well. Statistics reveal that […]
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 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 […]
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 […]
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, 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 […]
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, 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 […]
