Arabian Drilling Company, a major drilling company in Saudi Arabia, has successfully raised SAR 2.0bn (c. USD 533m) from the local debt capital market. The transaction attracted massive demand from various investors group. Final order booked reached more than SAR 5.5bn which allowed the company to increase the issuance size from original plan of less […]
Category: LATEST NEWS
QLM reports strong growth of 16% in net underwriting income in FY 2021
QLM Life and Medical Insurance Company Q.P.S.C, the leading life and medical insurer in Qatar, revealed its financial results for the twelve-months period ending December 31, 2021. The net underwriting income for the Year 2021 increased by 16% and stood at QAR 119.2 million (2020: QAR 102.4 million). The Company’s net profit for the Year […]
Fintech Start-up Znap Introducing Consumer Retention with Cashbacks
In a market flooded with discounts and points, earn cashbacks via Znap with restaurants and other businesses you engage with frequently. Every business wants customers to walk in through the door a second time and that’s all Znap is helping to achieve for businesses with its cashback model. Some of the 300+ brands listed with […]
Saudisoft to Distribute Invixium Touchless Biometric Security Solutions in the Middle East
Invixium, a premier manufacturer of innovative touchless biometrics, today announces a distribution partnership with Saudisoft, a provider of integrated hardware and software technology solutions. Saudisoft now offers Invixium’s full portfolio of biometric and card readers, including the company’s flagship IXM TITAN, to its customers in the Saudi Arabia. Invixium offers an industry-leading range of solutions […]
Abu Dhabi Arabic Language Centre partners with research experts to boost Arabic language on the world stage
The Abu Dhabi Arabic Language Centre (ALC), part of the Department of Culture and Tourism – Abu Dhabi, has signed a Memorandum of Understanding (MoU) with leading research organisation TRENDS Research & Advisory to jointly position Arabic as a leading language on the global stage. The agreement was signed at the 53rd Cairo International Book Fair, […]
Emirates tops YouGov’s Best Buzz Rankings in the UAE yet again
Emirates has been crowned as the top brand in YouGov’s Best Buzz Rankings 2021 in the UAE for the fourth year (+53.6). Despite travel restrictions and some renewed global flight suspensions amidst the latest wave of Covid-19 dominated by the Omicron variant, the airline maintains a strong net positive sentiment among UAE residents, retaining the […]
Abu Dhabi Chamber and National U.S.-Arab Chamber of Commerce organize business meeting to boost trade and investment relations
The Abu Dhabi Chamber of Commerce and Industry, in partnership with the National U.S.-Arab Chamber of Commerce (NUSACC), have organized a meeting with a high-level trade delegation from the State of Nebraska, USA, to discuss strengthening joint economic cooperation between Abu Dhabi and Nebraska. Held at the Auditorium at the Chamber’s tower in Abu Dhabi, […]
88% of organizations globally still hindered by using legacy technologies for today’s problems and data sets
Alteryx, Inc. (NYSE: AYX), the Analytics Automation company, today issued findings from an Alteryx-commissioned IDC Infobrief, revealing that approximately 62.4 billion data and analytic work hours are lost annually worldwide – the equivalent to almost 100,000 human lifetimes. While data and analytics power the digital-first enterprise, this study reports 95 percent of organizations are still being […]
Young adults are most affected by UAE’s new work policy, with two in five finding it difficult to re-adjust their weekend schedules
As the UAE moved to a new week work schedule this year, YouGov’s latest survey reveals young adults in the country seem to be most affected by this transition. Across different age-groups, a higher proportion of young adults aged 18-24 claim to be affected by this change (at 76%) as compared to older adults aged […]
WOW Ride service is set to be launched in Abu Dhabi
The good news for the people of Abu Dhabi is that WOW Electronic Transport Services is ready to start the transportation services in Abu Dhabi from today. WOW has moved one step forward in another state of Emirate and announced that it has completed contractual requirements with the Integrated Transport Centre, Abu Dhabi, and has […]








