Browsing: Saudi Arabia

UAE banks’ investments exceeded the AED 650M mark by the end of February 2024, reaching their highest level in history, according to the latest statistics from the Central Bank of the UAE (CBUAE).

Global asset management firm BlackRock announced on Tuesday its plans to establish a new investment platform in Saudi Arabia, with backing of up to $5B from the kingdom’s sovereign wealth fund, the Public Investment Fund (PIF).

Following Microsoft’s $1.5B investment in Abu Dhabi’s artificial intelligence and cloud company G42, attention is now on the Middle East’s growing position as a regional leader in global technology.

The UAE – along with the Middle East – is ready to become the testing ground for a range of groundbreaking consumer applications of blockchain technology, expanding beyond cryptocurrency exchanges and price speculation. This initiative kicks off with the tokenisation of tickets by Dubai-based Blocklive, in collaboration with MICRO MUTEK.AE, to introduce the UAE’s first fully blockchain-based music festival.

RIYADH, Saudi Arabia; May 1, 2024—Accenture (NYSE: ACN) has celebrated a significant milestone with the…

The UAE’s Minister of Economy, Abdulla bin Touq Al Marri, has revealed at the World…

The Ministry of Hajj and Umrah in Saudi Arabia has cautioned pilgrims regarding counterfeit Hajj operators for the year 2024.

CEO Bander Al Mohanna has confirmed that Flynas, Saudi Arabia’s budget airline, intends to launch an Initial Public Offering (IPO) later this year, publicly listing its shares on the Tadawul stock exchange.

Saudi Arabia has issued a VAT reminder to taxpayers, instructing them to submit returns or face fines within the Kingdom.

Cayan Group and Saudi Arabia’s NEOM signed a deal for a second Hampton by Hilton hotel at the NEOM Community.