Business & Money | Thursday 6 March, 2025 2:06 pm

PayTabs Group Strengthens its Commitment to Egypt’s Digital Payments Ecosystem with Full Ownership of PayTabs Egypt

PayTabs Group, MENA's award-winning payment orchestration powerhouse today announced the successful acquisition of majority stake in PayTabs Egypt, solidifying its commitment to driving digital transformation and financial inclusion across Egypt. This strategic move marks a pivotal milestone...

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Business & Money | Thursday 6 March, 2025 2:05 pm

Automechanika Dubai celebrates record exhibitor numbers during the 2024 edition

Automechanika Dubai, the largest trade show for the automotive aftermarket industry in the wider Middle East, has officially announced the results from the 2024 edition of the show during the exhibition's first Advisory Board Assembly of the year, where the trends expected to be discussed during...

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Business & Money | Thursday 6 March, 2025 2:03 pm

The Department of Finance in Ajman Elevates Institutional Excellence with Two International Certifications

The Department of Finance in Ajman continues to strengthen its institutional efficiency, having obtained two prestigious international certifications. These include the Quality Assurance and Improvement Program (QAIP) certification from the UAE Internal Auditors Association (UAE IAA) in compliance...

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Business & Money | Thursday 6 March, 2025 2:00 pm

Deem Finance and J.P. Morgan partner with a milestone $400 million securitization facility to support consumer and SME lending in the UAE

Deem Finance LLC (“Deem”), a Gargash Group company and a leading consumer finance provider regulated by the UAE Central Bank, has partnered with J.P. Morgan in a pioneering asset-backed securitization (ABS) to support its lending activities for consumers and SMEs. J.P. Morgan will be providing...

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Business & Money | Wednesday 5 March, 2025 12:15 pm

Business Setup Cost in Dubai: What You Need to Know

Currently, Dubai enjoys a favorable business climate and very appealing business set-up policies, providing a concentration point for an enterprising businessman or investor. The option of starting a business in Dubai is appealing due to its strategic location, income tax benefits, and...

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Business & Money | Wednesday 5 March, 2025 11:24 am

ACCA Report: Accountants' role in AI adoption extends beyond traditional financial controls, professional judgement critical

Findings from the latest in ACCA’s series of AI Monitor reports, Risk and Responsibility, underscore the vital role of professional judgement in ensuring the successful adoption of artificial intelligence (AI). As organisations in the Middle East accelerate AI integration, accounting...

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Business & Money | Wednesday 5 March, 2025 8:00 am

Almuneef buys land in Al-Kharj for SAR 8.7M

Almuneef Company for Trade, Industry, Agriculture and Contracting purchased an 8,144.53-square-meter land plot in Al-Rifayah district, Al-Kharj governorate, for SAR 8.7 million, excluding real estate transaction tax and brokerage fees, as part of its expansion strategy. The self-financed deal...

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Business & Money | Wednesday 5 March, 2025 8:00 am

FHS Saudi Arabia launches NextGen Investment Forum to help deliver KSA’s future leaders in hospitality

The Future Hospitality Summit Saudi Arabia, taking place in Riyadh, 11-13 May, will host the region’s first NextGen Investment Forum to address the challenges – and opportunities – surrounding education, training and talent retention in KSA’s growing hospitality sectors. Investing in...

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Business & Money | Wednesday 5 March, 2025 8:00 am

SGS wins SAR 500M ground-handling contract from Riyadh Air

Saudi Ground Services Co. (SGS) won a bid from Riyadh Air to provide ground-handling services for three years, starting from March 1, 2025, subject to extension for an additional two years. Under the SAR 500 million contract, SGS will provide ground-handling services for all Riyadh Air...

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Business & Money | Wednesday 5 March, 2025 8:00 am

SAR 8.5B deals signed with private sector for Jubail-Buraydah IWTP

Abdulrahman Al-Fadhli, Minister of Environment, Water and Agriculture and Chairman of Saudi Water Partnership Co. (SWPC), signed today, March 4, several agreements for the construction of the Jubail-Buraydah independent water transmission pipeline (IWTP) project with a consortium of Aljomaih Energy ...

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