Business & Money | Monday 5 February, 2024 9:45 am

79% of UAE workers who are using generative AI say it makes them more productive

The use of generative AI in the workplace is surging in the UAE, with 40% of workers already having implemented or experimenting with the technology, compared to just 28% of workers globally, according to Salesforce’s generative AI snapshot research titled “The Promises and Pitfalls of...

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Business & Money | Monday 5 February, 2024 9:35 am

ADDED and HYCAP Group team up to establish Industrial Complex in Abu Dhabi

The Abu Dhabi Department of Economic Development (ADDED) and HYCAP Group, the net zero asset management company, have signed an agreement to develop the production, storage, and transport of green hydrogen, spearheading the transition to net zero in line with the United Arab Emirates (UAE) Net Zero ...

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Business & Money | Monday 5 February, 2024 9:33 am

Boeing, Bahri Logistics Sign a Strategic MoU to Enhance Supply Chain Activities in Saudi Arabia

Boeing Saudi Arabia and Bahri Logistics, a business unit of Bahri, a global leader in logistics and transportation, have signed a strategic Memorandum of Understanding (MoU) to explore collaborative efforts in the areas of supply chain and distribution in the Kingdom of Saudi...

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Business & Money | Sunday 4 February, 2024 3:52 pm

Al-Hogail sees global desire to finance Saudi Arabia’s real estate projects

There is an international desire to finance Saudi Arabia’s real estate projects through diverse products, Minister of Municipal and Rural Affairs and Housing Majid Al-Hogail, told Al Arabiya. He added that the ministry aspires to issue real estate financing bonds (local and international)...

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Business & Money | Sunday 4 February, 2024 3:47 pm

SingleView awarded as “The Most Innovative Open Banking Solution Provider in Saudi Arabia” in 2023

SingleView, the pioneering fintech company based in Saudi Arabia, was honored as “The Most Innovative Open Banking Solution Provider in Saudi Arabia” at the 11th International Finance Ceremony held last Thursday in Dubai, UAE. This prestigious award acknowledges SingleView's distinctive...

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Business & Money | Sunday 4 February, 2024 10:16 am

OPEC Fund delivers record results in 2023 with US$1.7 bn in development funding

The OPEC Fund for International Development, a multilateral development finance institution headquartered in Vienna, Austria, expanded its new commitments to US$1.7 billion across 55 projects globally in 2023, providing funding to address climate change and energy transition, support social and...

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Business & Money | Sunday 4 February, 2024 10:15 am

Dubai Customs Champions Global Anti-Drug Efforts, Facilitating Foiling of 2.8 Tons Worldwide

Numerous customs authorities and diplomatic bodies around the world have expressed thanks to the United Arab Emirates for its collaborative endeavors in combatting drug trafficking. Dubai Customs, in particular, has been praised for its active international cooperation with relevant agencies in...

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Business & Money | Sunday 4 February, 2024 10:06 am

solutions acquires 40% of Devoteam Middle East for SAR 741.7M

Arabian Internet and Communications Services Co. (solutions) completed, on Feb. 1, the acquisition of a 40% stake in Devoteam Middle East (DME) for cash consideration for the entire acquisition amounting to AED 726.3 million (approximately SAR 741.7 million) for 100% Enterprise...

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Business & Money | Sunday 4 February, 2024 10:04 am

Registration Now Open for Inaugural IBPC Corporate Quiz

Come March 2nd and corporate teams from across the UAE will compete for honours in the region’s inaugural IBPC Corporate Quiz 2024. The competition is open to all quizzing enthusiasts representing regional-based organisations. If you think you have what it takes, you and a colleague can...

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Business & Money | Sunday 4 February, 2024 10:02 am

du achieves the Best Culture & Employee Engagement in the Region with 81% Rating in Glint's Index

du, from Emirates Integrated Telecommunications Company (EITC), today announced results of the Culture & Employee Engagement Index survey conducted through Glint, a technology company by LinkedIn that provides employee engagement and people development solutions. Driven by its...

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