Javedan Corporation Limited has received a subscription of PKR 387,945,000 from the general public through a two-day offer for sale process. The offer for sale was over-subscribed by 2.77 times. GRR is a closed ended, Developmental REIT Scheme with a limited life of 48 months offering investors the opportunity to become an investor in the Globe Residency apartments project at Naya Nazimabad. 14 …

Her Excellency Noura bint Mohammed Al Kaabi, Minister of Culture and Youth, inaugurated the first edition of the Arabic Language Summit on Tuesday, December 20, 2022. Organised by the Ministry of Culture and Youth in cooperation with the Abu Dhabi Arabic Language Centre (ALC) the two-day Summit is being held at Manarat Al Saadiyat in Abu Dhabi, under the patronage of …

RIYADH: Banks in Saudi Arabia are expected to continue to prioritise their liquidity demands for the coming year despite enhanced earnings, through focusing on raising Tier I capital in the form of debt issuances, notably Sukuk, according to KPMG, a leading provider of audit, tax and advisory services in Saudi Arabia. In the first nine months of 2022, issuances of …

Dubai Chambers has hosted a Canadian food and beverage trade mission for a B2B business matching event at its headquarters in Dubai. The event aimed at connecting Canadian food and beverage companies, with representatives from Dubai’s food and beverage industry. In attendance were Mohammad Ali Rashed Lootah, President & CEO of Dubai Chambers, and H.E. Radha Krishna Panday, Ambassador of …

Etisalat UAE, branded as etisalat by e&, today announced a partnership with VMware to expand and enhance its Software-Defined Wide Area Network (SD-WAN) and Secure Access Service Edge (SASE) services for its business customers in the UAE.   The partnership will enable etisalat by e&’s public and private sector customers to strengthen their networks without the need for costly physical infrastructure, and …

ne’ma, The National Food Loss and Waste Initiative in UAE, signs a memorandum of understanding with “HeroGo”, the first grocery delivery company that is dedicated to revising the current grocery ecosystem where one-third of food grown globally is wasted. This partnership paves the way for attaining ne’ma’s strategic objective of halving food waste by 50% by 2030, in line with …

Khalifa Economic Zones Abu Dhabi – KEZAD Group, the integrated trade, logistics, and industrial hub of Abu Dhabi, has signed a lease agreement with Euro Auctions Middle East, a subsidiary of the Euro Auctions Group, to establish its largest auction house in the region for industrial plant, construction equipment and agricultural machinery. Under the agreement, Euro Auctions Middle East will …

flydubai, the Dubai-based airline, has unveiled a special livery on two of its Boeing 737 MAX 8 aircraft to celebrate the Argentina national football team’s victory in the final of the World Cup 2022. As the regional partner for the Argentine Football Association (AFA), flydubai carried the champions from Abu Dhabi to Doha after they concluded their training on 18 …

Silicon Central, Dubai’s latest lifestyle and shopping destination  welcomes Sharaf Retail brands to Silicon Central with the opening of three flagship brands, Forever 21, a fashion and accessories label. Cotton On offering dresses, jumpsuits and off shoulder tops for girls and printed tees, board shorts and snapbacks for guys and Cotton On Body, an Australian active and loungewear brand for …

In 2023, the economic climate will continue to be shaped by reducing costs and increasing efficiency. Many companies are therefore looking to the future for innovative technologies that can help here. Today, Cisco outlines the seven technology trends for 2023 in the areas of security, increasing network efficiency, sustainability, and AI. Reem Asaad, Vice President, Cisco Middle East and Africa said: …