SABB launches a new prepaid procurement card for corporates and businesses
The Saudi British Bank has partnered with Saudi Payments & Visa to launch SABB Procurement Card, designed specifically for its…
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Dubai’s non-oil sector adds jobs as business activity expands in October
Dubai's non-oil economy continued to expand rapidly in October as business activity rose sharply and firms added new jobs on…
Kenya secures Sh3.6 trillion in investments at Egypt summit
Kenya has made investment deals in upwards of Sh3.6 trillion ($30 billion) at the ongoing climate conference in Egypt, President…
Agthia Q3 revenue grows 20% to $260mln
Agthia Group PJSC, one of the region’s leading food and beverage companies, today announced net revenue of AED954 million for…
Saudi Kayan signs murabaha facility worth $800mln
Saudi Kayan Petrochemical Co. has signed murabaha revolving credit facility agreement for 3 billion riyals ($800 million) with Saudi National…
New UAE visa rules: Validity decreased for visas issued in free zones
The validity of freezone visas issued in the UAE has been reduced from three years to two, Khaleej Times can…
Dubai’s Nakheel secures financing worth $4.6bn to drive growth
Dubai’s real estate developer Nakheel has secured Dhs17bn in a strategic financing deal to drive its new phase of growth.…
UAE: Company director fined Dh400,000 for employing workers illegally in Dubai
Dubai Naturalisation and Residency Prosecution has referred a director of a human resources consulting company to the court on charge…
Wealth boom sparks private banking rush to UAE
The wealth industry is thriving in the United Arab Emirates and private banks have taken note. HSBC’s recent expansion…
Saudi Arabia commits $2.5bln to Middle East green initiative – Crown Prince
Saudi Arabia's Crown Prince Mohammed bin Salman said on Monday the kingdom would contribute $2.5 billion to a green initiative…
Kuwait says to become carbon neutral in oil and gas by 2050
Kuwait is committed to becoming carbon neutral in the oil and gas sector by 2050 and in the whole country…
HP announces new leadership team in the Middle East
Peter Oganesean becomes the new Managing Director of HP Middle East HP announces new leaders in the Middle East and…