Business & Money | Saturday 19 August, 2023 1:37 am

BOUNZ and EROS Announce Strategic Partnership

UAE-based lifestyle loyalty program BOUNZ has announced a strategic partnership with the well-known electronics retailer and distributor Eros Group.Timed to coincide with the upcoming Back to School and Back to Work period after a long summer break, this move brings on board the BOUNZ family its...

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Business & Money | Saturday 19 August, 2023 1:31 am

ENOC Group strengthens its retail footprint in Ajman with the launch of a new service station

In line with its expansion plans, ENOC Group, a leading integrated global energy player, today announced the opening of a new service station in Al Jurf in Ajman. The new addition brings the total number of service stations operating in the Emirate of Ajman to...

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Business & Money | Saturday 19 August, 2023 1:22 am

Dallah Chairman says setting up Insurance Authority aims to restructure sector

The establishment of the Insurance Authority is important to implement the program to develop and restructure the insurance sector as well as adjust its governance, Al Riyadh newspaper reported, citing Tarek Alkasabi, Chairman of Dallah Healthcare Co.   He added that this is one...

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Business & Money | Friday 18 August, 2023 3:44 am

Insurance mergers seen to ramp up in coming period: Official

Increased mergers among players in the Saudi insurance industry are expected in the upcoming period, following the establishment of the Insurance Authority (IA), with the aim of forming larger entities in the sector, Adel Al-Eisa, Media Spokesperson for Insurance Companies in Saudi Arabia, told...

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Business & Money | Friday 18 August, 2023 12:46 am

Ejar Index records over 275,000 deals in July

Ejar Index recorded more than 275,000 rental deals in July. Housing rental deals rose 15% in July, while commercial rentals saw an increase of 11% month-on-month. Riyadh topped the list with the highest number of rental deals in July, recording more than 58,000 housing and commercials...

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Business & Money | Friday 18 August, 2023 12:24 am

"Smurfs Kart" Game Is Entering MENA Market Through Manga Productions

Manga Productions, a subsidiary of Mohamed bin Salman Foundation "MiSK," has signed a publishing deal with Microids to distribute the "Smurfs Kart" video game inspired by “The Smurfs” franchise. This collaboration grants full rights for Manga Productions to publish and distribute the new game...

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Business & Money | Friday 18 August, 2023 12:18 am

Azizi Developments renews partnership with French Schneider Electric to source wiring accessories for Beachfront, Amber, and Pearl

Azizi Developments, a leading private developer in the UAE, has broadened its collaboration with Schneider Electric to acquire high-quality electrical wiring accessories, including switches and sockets, for three of its distinguished, premium projects – Beachfront in Riviera, part of the highly...

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Business & Money | Thursday 17 August, 2023 11:00 am

Saudi Arabia, China sign 5 housing agreements

Saudi Arabia and China signed 12 cooperation agreements in the presence of Majid Al-Hogail, Minister of Municipal and Rural Affairs and Housing.   Some agreements were signed for the development of infrastructure and financing, including five for housing at a ...

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Business & Money | Thursday 17 August, 2023 10:33 am

Saudi Arabia’s inflation among lowest in G20

Saudi Arabia’s inflation rate was the lowest among G20 nations in July 2023, according to Capital Economics.    The inflation rate eased to 2.3% in July, hitting its lowest level in more than a year, the consultancy said.   According to the General Authority for ...

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Business & Money | Thursday 17 August, 2023 10:28 am

Third annual Global Trade and Supply Chain Summit will discuss how trade transformation can fuel growth and new globalisation

The third annual Global Trade and Supply Chain Summit aims to shake up the status quo of global trade by bringing policymakers and businesses to the same table. Attendees will benefit from a discussion on how to improve supply chain openness, unleash trade in emerging countries and take action ...

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