Government | Tuesday 31 October, 2023 8:42 am

Consultative Industry Group discusses role of experts in restructuring struggling companies

Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, chaired a meeting of experts from the Consultative Industry Group (CIG) Financial Reorganization Committee. The meeting included a number of specialists in bankruptcy and financial restructuring from global and local offices and...

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Business & Money | Tuesday 31 October, 2023 8:40 am

Over 100% surge in regular savers in 2023: National Bonds

National Bonds, the UAE’s savings and investment company, reported a substantial surge in its customer base in 2023 with over 40,000 new customers, a remarkable increase of more than double, compared to the previous year.At the same time, over the past five years, National Bonds has achieved a...

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Business & Money | Tuesday 31 October, 2023 8:38 am

ADGM publishes amendments to its Beneficial Ownership and Control Regulations

Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi has issued an updated version of the Beneficial Ownership and Control Regulations 2022 (BOC Regulations), which repealed and replaced the existing Beneficial Ownership and Control Regulations 2018.These new BOC...

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Tourism & Hospitality | Tuesday 31 October, 2023 8:32 am

Saudia Welcomes Global Aviation Leaders to the 56th AACO’s Annual General Meeting

The 56th Annual General Meeting (AGM) of the Arab Air Carriers' Organization (AACO) has commenced, focusing on several pivotal agendas to advance the aviation sector within the region. Discussions primarily revolve around the strategies for digital transformation, sustainability, and aligning all...

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Healthcare | Tuesday 31 October, 2023 8:24 am

KFSH&RC’s Capacity Command Center is a Pioneering Model for Achieving Maximum Operational Efficiency

Healthcare providers are facing a continuous increase in the demand for healthcare services, necessitating a redirection of efforts towards improving the operational efficiency of healthcare institutions. In response to this challenge that healthcare providers worldwide face, the Capacity Command...

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Technology & IT | Tuesday 31 October, 2023 8:22 am

A Cascade of Compromise: Kaspersky Exposes Lazarus’ New Campaign Exploiting Legitimate Software

A new campaign by the infamous Lazarus group targeting organizations worldwide has been uncovered by Kaspersky's Research and Analysis Team (GReAT). The research presented at Security Analyst Summit (SAS) revealed a sophisticated APT campaign distributed via malware and spread through legitimate...

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Business & Money | Tuesday 31 October, 2023 8:18 am

Partnership between Salik and AW Rostamani - Arabian Automobiles to foster customer experience

Salik Company P.J.S.C., the exclusive toll gate operator in the Emirate of Dubai, has entered into a strategic partnership with Arabian Automobiles Company - the flagship company of the AW Rostamani Group and the exclusive dealer for Nissan, INFINITI and Renault in Dubai, Sharjah, and the Northern...

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Business & Money | Monday 30 October, 2023 2:37 pm

The Ministry of Economy and Planning announces the winners of UpLink’s ‘Smarter Climate Farmers Challenge’

The Ministry of Economy and Planning announced on October 29 the 12 winners of the WEF UpLink ‘Smarter Climate Farmers Challenge’, the second of two food ecosystem innovation challenges launched in partnership with the open innovation platform of the World Economic Forum...

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Business & Money | Monday 30 October, 2023 2:34 pm

AlUla Development Company signs agreement to open luxury hotel, Six Senses AlUla

AlUla Development Company, fully owned by the Public Investment Fund (PIF), has signed a hotel management agreement with Six Senses – a luxury resort, spa and hotel operator – to open Six Senses AlUla in Saudi Arabia in 2027. The agreement was signed by Fabien Toscano, Chief Executive...

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Business & Money | Monday 30 October, 2023 1:45 pm

Under UAE President's patronage, Sheikh Zayed Festival to begin 17th November

Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and the follow-up of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, the Sheikh Zayed Festival 2023 is set to take place from 17th...

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