Government statistics show that non-cash payments accounted for 36 percent of all payments in Saudi Arabia in July 2019
Author Archives: Staff Writer
Online educator Coursera plans to ramp up Arabic offerings in Middle East
The government of Abu Dhabi is Coursera’s single largest institutional customer in the world
Revealed: UAE Food Bank delivers 500kg of food every day
Up to 400 low-income workers and families benefit daily from UAE Food Bank
Oil dives after warning of impending virus outbreak in US
Investors largely shrugged off an industry report showing a build in US crude stockpiles last week
Bahrain closes schools, nurseries as Middle East coronavirus infection count exceeds 150
All cases in the Middle East are linked to Iran, as four more cases are reported in Kuwait, bringing the total number there to 12
Latest Covid-19 cases updates
The latest global figures and breakdown by countries in the region
Oman’s Khasab port suspends Iran operations, Kuwait curtails flights over coronavirus threat
Further two cases announced in sultanate taking Middle East takes total number to over 150
Saudi Arabia launches women’s football league
The first season of the 500,000 riyals ($133,000) league for women over 17 will be staged in the cities of Jeddah, Riyadh and Dammam
Lebanon faces a $50 billion hole even beyond all its Eurobonds
In addition to $31 billion of the securities, the Middle Eastern nation’s central bank carries $52.5 billion of foreign currency deposits and certificates of deposit
Tired Tsitsipas starts Dubai ATP week with a win
In the opening match of a day Benoit Paire fought off four match points to overhaul former US Open winner Marin Cilic
Saudi Arabia creates new tourism, sports, investment ministries
King Salman upgrades the government bodies overseeing the three portfolios of sport, tourism and investment to individual ministries
Britain’s Yates wins stage 3 of UAE Tour as Froome struggles again
Adam Yates pulverises the opposition on the tough, final ascent of stage three of the UAE Tour, winning by over a minute
Riyadh set to host summit on global humanitarian efforts
2nd Riyadh International Humanitarian Forum will take place on March 1-2
Ghadan 21 developing Abu Dhabi’s society in tandem with the economy
Ghadan is ensuring more access to affordable education through extra investment in the education system
Ghadan 21 helping to ensure Abu Dhabi is a place in which people live and thrive
‘For Abu Dhabi’ includes an Abu Dhabi-wide plan to beautify the emirate’s public spaces, from parks and waterfront areas to playgrounds and cycle paths
Ghadan 21 encouraging innovation across Abu Dhabi
Incubating new tech start-ups and providing young Emiratis with tech skills is at the heart of Ghadan 21’s mission
Iran virus deaths rise to 15, deputy minister among infected
Iran has been scrambling to contain COVID-19 since Wednesday last week when it announced the first two deaths in Qom
Abu Dhabi’s economy already feeling the impact of Ghadan 21
Unparalleled in the region, Ghadan 21 is driving the competitiveness and productivity of Abu Dhabi’s economy
Raising the bar: Why customers are willing to pay to join one of the most expensive gyms in Dubai
Symmetry Gym in Al Quoz has been billed as the most expensive gym in Dubai by owner Amir Siddiqui. Here he explains why CEOs and top executives are willing to pay top dollar to look good and feel great
Dubai links with Google Maps to offer real-time bus updates
Roads and Transport Authority has started to run real-time updates of bus timetables in collaboration with Google
First organ transplant surgery carried out in Dubai
Dubai Health Authority says successful kidney transplant is ‘first step’ towards implementing its organ transplant strategy
Hosni Mubarak, Egypt’s ousted President, dies aged 91
Egypt’s longest-serving ruler in more than 150 years before being forced from office by a popular uprising has passed away
Saudi Arabia reveals plan to expand network of new entertainment hubs
Saudi Entertainment Ventures Company plans complexes in Jeddah, Makkah, Madinah, Taif, Yanbu, Al-Kharj, Buraydah, Abha and Khamis, Jazan, Al Hamra and Al Nahda, near Riyadh, Dammam, and Al Khobar
Dubai fines financial advisor $105k for unauthorised mortgage operations
Dubai Financial Services Authority has fined Enness Limited (Enness DIFC) $105,000 for engaging in unauthorised activity outside the scope of its licence
Why US Secret Service destroyed gift from Bahrain Crown Prince
Vice President Mike Pence had to forfeit clock given to him by the Salman Al Khalifa in November 2017
Dubai ruler issues decree to regulate outdoor advertising
New decree seeks to regulate advertisement industry and preserve the visual appearance of Dubai
Fitness First Middle East announces GCC expansion plan
Fitness chain reveals plan to open 10 new facilities across the Gulf region this year
NMC Health founder BR Shetty had pledged 7m shares against debt
Holding company BRS International says Indian billionaire currently has a 9.81% interest in the UAE healthcare group
What to expect to see at Sharjah’s new entertainment hub
UAE’s newest leisure destination, Madar, will open its doors to the public for the first time on Thursday
Bahrain’s GFH lists $300 sukuk to support expansion plans
Jassim Alseddiqi, chairman of GFH Financial Group, rings the market opening bell at Nasdaq Dubai to celebrate the listing
UAE’s largest bank approves $2.1bn cash dividends for 2019
First Abu Dhabi Bank general assembly also elects new board members, increasing the size of board from nine to 11 members
Six new cases of coronavirus confirmed in Bahrain
Two Bahraini citizens and four Saudi nationals arrived at Bahrain International Airport from Iran via Dubai
No OPEC decision yet on oil cuts, Saudi energy minister says
Global oil demand will drop this quarter for the first time in over a decade as the outbreak of the coronavirus batters China’s economy,
Three more die of coronavirus in Iran, bringing total to 15
Iran has been scrambling to contain COVID-19 since Wednesday when it announced its first two deaths in Qom
Nearly half of UAE expats have no plans for financial security post-retirement
The number of expat employees in the UAE who are not prepared financially for retirement is very concerning, according to Mercer
Safeguarding crucial energy and power supplies? There’s a drone for that
UAVs aren’t just shaping the battlefield, they’re keeping major energy projects safe and functional
UAE suspends all Iran passenger, cargo flights for seven days
The decision is effective Tuesday until further notice, the UAE civil aviation authority said in a statement
Rupee weakens, gold prices surge in India as fears of coronovirus spreads
Rupee exchange value against dollar has a strong bearing on NRI remittances to India
Kuwait suspends flights to South Korea, Thailand and Italy
The Gulf state has called off national day celebrations for Tuesday and Wednesday
Room for growth in the GCC: Opportunities and challenges in the hotel sector
Ramsay Rankoussi, Vice President, Business Development – Middle East, North Africa & Turkey and Elie Milky, Vice President, Business Development – Middle East, Greece & Cyprus, outline the opportunities and challenges in the hotel sector in the GCC
Huawei launches new Mate X folding 5G phone
Pre-orders for the Mate phones in the United Arab Emirates will open on March 15 – expected to be priced around AED9,900
The evolution of cybercrime, and how the UAE is responding
SMEs in the UAE are at a heightened risk with a false sense of security, according to Tarek Ghoul, CEO of corporate cyberdefence firm Coordinates
Oman suspends Iran flights as first two cases of coronavirus is confirmed
Two Omani women diagnosed after travelling from Iran, where the virus has claimed the lives of 12 people
Oil plunges on fears of virus spiralling into a global pandemic
The OPEC+ alliance led by Saudi Arabia has struggled to agree on a collective response, dropping the idea of an early emergency gathering amid opposition from Russia
FIFA, NFL ask US to keep Saudi Arabia on watchlist over piracy
Saudi authorities say they were combating piracy
Bahrain orders temporary suspension of flights from Dubai and Sharjah
Bahrain said it is looking to contain deadly coronavirus after first case discovered on Monday
Saudi jobseekers move into Uber gear for extra cash
Saudis are increasingly taking on what are widely seen as low status jobs to make extra money
UAE’s Mubadala commits to invest in 10bn euro French fund
Abu Dhabi fund signs agreement with Bpifrance, the French national investment bank, to commit to the LAC 1 Fund
UAE issues travel bans to Iran, Thailand over coronavirus fears
UAE Ministry of Foreign Affairs and International Cooperation issues ban on Monday following outbreaks of the new coronavirus
How much further will shares fall in UAE’s NMC Health?
Jefferies International analyst who was ahead of the pack in predicting a slump in NMC Health’s shares sees 42% more downside
Saudi Arabia issues over 400,000 tourist visas since launch
Saudi Commission for Tourism and National Heritage chief identifies lack of tourism infrastructure as main challenge to growth
Australian Ewan claims victory in stage 2 of the UAE Tour
Caleb Ewan sprints to glory in the second stage of the UAE Tour, taking the overall lead in the process
Flydubai to continue operating flights to Iran despite coronavirus crisis
Iraqi and Kuwaiti authorities have both banned travel to and from Iran, amid growing regional concerns
Big law vs virtual law: how virtual law is redefining the parameters of the legal profession
As digitally-led change impacts every area of enterprise, Abdulla Galadari, Senior Partner at Galadari Legal Advocates and Consultants, tells CEO about how virtual law is redefining the parameters of the profession – and how it will impact the way your business interacts with its legal advisors