Arabian Drilling Company successfully execute its first capital market transactions

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 […]

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, […]

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 […]