Saudi Arabia’s SME authority to help Pakistani IT companies scale businesses in Kingdom— minister

ISLAMABAD: Saudi Arabia’s Small and Medium Enterprises General Authority (Monsha’at) will work with Pakistan to support its IT companies and startups to scale their businesses in the Kingdom, Caretaker IT Minister Umar Saif announced on Sunday.  Established in 2016, Monsha’at aims to regulate, support, develop, and sponsor the SME sector in Saudi Arabia. According to…

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Dubai and Hong Kong forge financial services partnership to activate economic corridor

MoU will facilitate cross-market connectivity, synergy and opportunities in financial services Dubai’s Department of Economy and Tourism (DET) and the Financial Services and the Treasury Bureau of the Government of Hong Kong, China, signed an MoU aimed at fostering financial cooperation between Dubai and Hong Kong. The MoU was signed at the Belt and Road…

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Why are Apple iPhone 12 sales banned in France?

Apple disputes the agency’s conclusions, saying the model was certified by multiple international bodies as compliant with global radiation standards France’s radiation watchdog has banned sales of Apple’s iPhone 12 after tests that it said showed the smartphone breached European radiation exposure limits. The Agence Nationale des Fréquences (ANFR) said on Tuesday the model’s Specific…

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UAE: Leading holding company announces Dh100 million dividends after stellar H1 results

Ethmar International Holding has cultivated a diversified, innovative, and sustainable investment portfolio Abu Dhabi-based Ethmar International Holding (EIH) has announced the distribution of Dh100 million of the dividends to its investors based on the interim results for the first half of this year. In the first six months of 2023, EIH reported a net profit…

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