Tamara Finance Co., a Saudi fintech, is set to secure at least $1.4 billion in financing from a group of banks, Bloomberg reported, citing sources. Goldman Sachs, Citigroup, and Apollo Global Management are expected to participate in the asset-backed financing deal, the sources said. One...
The UAE Cyber Security Council (CSC) has warned of growing risks linked to users’ digital footprints, saying more than 1.4 billion accounts are hacked globally each month. The council said every login, post or interaction online leaves a trace that can be exploited. It identified two types...
Dubai Chambers has successfully hosted a seminar on Service Excellence aimed at equipping private-sector companies with the insights and strategies required to deliver outstanding customer experiences. The event provided a platform for attendees to discover practical ways to elevate their...
Aldar today announced the launch of Rise by Athlon, an apartment community in Dubai comprising eight uniquely themed buildings that offer residents bespoke amenities for health, fitness, and wellbeing. Overlooking Athlon’s expansive central park, the development seamlessly integrates into the...
The UAE General Civil Aviation Authority (GCAA) has launched a new series of analytical reports titled “A Closer Look: Civil Aviation in the UAE”, aimed at highlighting milestones, challenges, and opportunities in the country’s aviation sector. The latest report, “Building One of the...
A new passenger ferry service in the Comoros island archipelago in East Africa, the first to also transport vehicles, was launched during an official ceremony on the island of Anjouan, attended by Azali Assoumani, President of The Union of The Comoros; Jumaa Rashed Al Remeithi, UAE Ambassador to...
Marjan, the master developer of freehold properties in Ras Al Khaimah, has announced the completion of infrastructure works at RAK Central, its upcoming mixed-use commercial development in the emirate. Along with the appointment of leading Middle East Construction Group, ALEC, as the main...
Minister of Industry and Mineral Resources Bandar Alkhorayef said that a set of priority sectors, most notably renewable energy, mining, pharmaceuticals, tourism, and the automotive sector, are expected to see broader cooperation between Saudi Arabia and South Africa in the coming...
Khalid Al-Mudaifer, Vice Minister of Industry and Mineral Resources for Mining Affairs, said the study of the commodity exchange is in its final stages, with final touches underway to launch a global mining commodity exchange — a strategic step to strengthen the Kingdom’s position as a key hub...
The Royal Commission for Riyadh City (RCRC) launched today, Sept. 11, Tawazon real estate platform, designed to receive applications from Saudi nationals seeking to purchase residential land plots in Riyadh. The application window will remain open until Oct. 23, with the land eligibility to be ...