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UAE-based e-wallet Hubpay secures $20m in series A round

RIYADH: UAE-based digital wallet provider Hubpay has raised $20 million in a Series A round. The funding will be used to hire new employees, and for the company’s planned international expansion in

Bulgaria’s Olympic gold medal-winning gymnasts catch the eye at Expo

When Cristiano Ronaldo showed up at Expo 2020 Dubai two weeks ago, there was, unsurprisingly, a frenzy to catch a glimpse of one of the greatest footballers of all time. Before that, superstars like

ADIB’s interest revenue could hit $123m next year, says CFO

RIYADH: Abu Dhabi Islamic Bank, or ADIB, could make revenues from raising interest rates of 450 million dirhams ($123 million) in 2023, the bank’s chief financial officer told CNBC Arabiya. Every

Saudi Arabia targets a 13.5m bpd capacity energy minister tells Time

RIYADH: Saudi Arabia is targeting an oil production capacity of around 13.5 million barrels per day by 2027 as demand for crude and consumption will continue to grow, the Time magazine reported

Saudi Arabia reports 3,330 new COVID-19 cases, 2 deaths

RIYADH: Saudi Arabia announced two deaths from COVID-19 and 3,330 new infections on Tuesday. Of the new cases, 1,066 were recorded in Riyadh, 221 in Jeddah, 189 in Dammam, 111 in Abha, and 101 in

Daesh’s ‘caliph’ is dead, but a new generation is wreaking mayhem

The killing of Daesh’s “caliph,” Abu Ibrahim Al-Quraishi, is a rare foreign policy achievement for US President Joe Biden. However, Quraishi was an unknowable ghost, even to thousands of Daesh

Iraqi court suspends Zebari’s presidential bid -state news agency

Iraq’s federal court on Sunday temporarily halted Hoshyar Zebari’s bid to be elected president, the state news agency INA reported.

Abu Dhabi approves regulations for implementation of new marriage,

DUBAI: Abu Dhabi has approved regulations for the implementation of the Civil Marriage and Divorce Law, which covers family matters for expats or foreigners, state news agency WAM reported. The

Kuwait Airways resumes flights to Iraq’s Najaf

Kuwait Airways is resuming commercial flights to Iraq’s Najaf city starting from Saturday, Kuwaiti state news agency KUNA reported. The Gulf state’s flag carrier suspended its flights to Iraq last

Saudi owners’ ‘lofty ambitions’ for Newcastle United depend on

NEWCASTLE: Eddie Howe has revealed Newcastle United’s Saudi-based owners have “huge ambitions” for the Magpies in the long term. But Howe understands, as do majority shareholders the Public

Model Halima Aden releases new collection with Modanisa

DUBAI: US-Somali model Halima Aden has landed herself a new partnership with modest wear giant Modanisa. The catwalk star revealed this week on social media that she and the Turkey-based platform

Saudi civil aviation authority partners with Oracle, Microsoft to

RIYADH: Saudi Arabia’s General Authority of Civil Aviation, known as GACA, has partnered with Oracle and Microsoft to accelerate digital transformation in a range of sectors. The authority signed

Saudi Arabia requires third vaccine dose for citizens traveling abroad

RIYADH: Saudi Arabia said Thursday that it will require citizens who are traveling abroad to take a third dose of the coronavirus vaccine in order to depart the Kingdom, starting Wednesday. The

Profits of Saudi Arabia’s Elm almost triple ahead of IPO

RIYADH: As it plans to list on the Saudi Exchange, digital security firm Elm Co. saw a 162 percent jump in profits year-on-year during the first nine months of 2021. Profits of the PIF-owned company

Lebanese judge issues subpoena for cenbank governor Riad Salameh

Judge Ghada Aoun said she had issued a subpoena for Riad Salameh, after Lebanon’s Central Bank Governor failed to attend an investigation session for the third time. Aoun last month imposed a travel

Saudi Arabia made to wait for World Cup spot after 2-0 loss to Japan

Saudi Arabia’s FIFA World Cup hopes suffered a blow on Tuesday with a deserved 2-0 loss to Japan in Saitama. From going into the game knowing that a win would clinch a spot in Qatar with two matches

Wally app records 135% year-on-year growth in global users

RIYADH: Wally, the personal finance mobile app, announced on Tuesday that it has recorded a 135 percent year-on-year growth in global users. It also said it had increased a 30 percent compound

Kuwaiti National Industries to increase in its capital by 35%

RIYADH: The Board of Directors of Kuwait’s National Industries Co., also known as KPSC, approved a 35 percent increase in the company’s capital, from SR1 billion ($4 billion) to SR2 billion. Total of

Egypt ‘spent billions’ on lake restoration: Fisheries Authority head

RIYADH: The Egyptian government has spent billions in restoring polluted lakes, which has impacted fish farming in the north African country, a minister said. Salah Moselhi, head of the Fisheries

Egyptian e-payments firm Fawry scoops $700m in non-cash transactions

RIYADH: Fawry, the Egyptian e-payment gateway, generated around 11 billion Egyptian pounds ($700 million) in non-cash transactions during 2021 as moves away from cash pick up pace in the North

HRW: New sentence for rights campaigner spotlights Tehran’s assault

LONDON: Human Rights Watch has slammed Tehran for leveling a new charge against a human rights defender just a year after she was released from jail, arguing that it “demonstrates Iranian

Arab filmmakers join Berlin Film Festival’s international jury

DUBAI: Algerian-Brazilian film director Karim Ainouz, Tunisian-French producer Said Ben Said and Algerian-Tunisian screenwriter Anne Zohra Berrached will join the international jury of the Berlin

Schlumberger to roll out valves production line in Saudi Arabia as

US oilfield services company Schlumberger will open a valves production facility at King Salman Energy Park, also known as SPARK, on Jan. 31 through its subsidiary company, Cameron. The firm already

Choosing a career in computer applications

Computer Application is the most popular career option among students aspiring to enter the information technology(IT) sector. It is a professionally-oriented course where the focus remains on developing the knowledge of computer fundamentals and programming concepts while allowing the prospected students to master programming languages. A well-designed three-year BCA course is an undergraduate academic degree program that can be your gateway to succeed in the dynamic IT […]