Technology & IT | Tuesday 17 December, 2019 11:49 am

Middle East’s cloud computing landscape witnessing robust growth

Cloud adoption in the Middle East region has been has been fairly high with statistics indicating more than 70% of startup entities based in Dubai use cloud computing with the cloud services market estimated to cross Dhs 1 billion by the year 2020. Bahrain has adopted cloud first policy across both ...

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Business & Money | Tuesday 17 December, 2019 11:39 am

InoChem Signs a Mega SAR 1.7 Billion Financing Facility with Alinma Bank and Albilad Bank

Khair Inorganic Chemical Industries Company (“InoChem”) has signed a SAR 1.7 billion Wakala and Forward Ijarah Facility loan agreement with Alinma Bank and Albilad Bank with a tenure of 13 years. The facility’s main purpose is to fund the setting up of an industrial complex in Ras ...

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Tourism & Hospitality | Tuesday 17 December, 2019 11:22 am

DHL Express in collaboration with MGE & Abu Dhabi Airports strengthen partnership through major new expansion

Abu Dhabi Airports Free Zone Authority (ADAFZ), a wholly owned subsidiary of Abu Dhabi Airports, has signed an expansive 27-year Musataha Agreement with Middle East General Enterprises (MGE) to facilitate the presence of DHL Express in the Abu Dhabi Airports Free...

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Culture & Education | Tuesday 17 December, 2019 11:05 am

Gulf Falconers Rile Up the Second Edition of the King Abdulaziz Falconry Festival

In line with the efforts to reflect interaction between Gulf countries to preserve the heritage in the GCC, and on the sidelines of the 40th Gulf Cooperation Council (GCC) Summit hosted in the Saudi capital Riyadh, the UAE, Kuwait and Bahrain took part in the King Abdulaziz...

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Tourism & Hospitality | Tuesday 17 December, 2019 5:00 am

SalamAir increases frequency of flights to Tehran and Shiraz

To cater to the increased travel demand, Sultanate’s fastest-growing value-for-money airline, SalamAir, has introduced more flights to its Tehran and Shiraz routes in Iran. SalamAir announced the expansion of its non-stop Muscat to Shiraz service from the current three to seven flights...

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Business & Money | Tuesday 17 December, 2019 4:30 am

Deloitte: Digitizing Tax in the GCC

Deloitte hosted an innovative series of ‘tax lab’ summits across the Gulf Cooperation Council (GCC) for businesses. The purpose of the sessions was to discuss how automation, digital protocols and methodologies would transform tax accounting, reporting and compliance in the region. The...

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Business & Money | Tuesday 17 December, 2019 4:06 am

Grandiose brings festive cheer to Dubai Silicon Oasis with its seventh UAE store opening

Grandiose, the fast-growing contemporary supermarket chain continues its rapid expansion with the opening of its seventh UAE outlet in Dubai Silicon Oasis on December 15.   The theme of this latest opening is ‘Your Festive Supermarket’ and visitors to the store can...

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Business & Money | Tuesday 17 December, 2019 3:01 am

“MAG Development” lays the foundation stone for the “MAG City”

“MAG Development “, the real estate arm of the Mag Holding Group, announced today the laying of the foundation stone for the "Mag City" project, located in the city of Mohammed Bin Rashid in the Meydan District 7. The ceremony for the estimated $2bn project was held in the...

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Business & Money | Tuesday 17 December, 2019 2:50 am

The Big 5 Saudi Returns To Jeddah For Its 10Th Anniversary Edition

dmg events LLC, the organisers of The Big 5 Saudi, announce that the construction event will return to the Jeddah Centre for Forum & Events from 8 – 10 March 2020 for its grand 10th-anniversary edition.  A meeting place for the global construction industry in Saudi Arabia,...

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Tourism & Hospitality | Tuesday 17 December, 2019 2:36 am

Riyadh Season Hosts MDL Beast Festival

The MDL Beast Festival – the largest music and cultural festival in the Middle East – will take place from 19 to 21 December. Organised by the General Entertainment Authority, the three-day festival is a highlight of #Riyadh_Season and features more than 100 international DJs and Arab...

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