SHARJAH / WAM Bank of Sharjah announced that it has acted as Mandated Lead Arranger and Bookrunner for a US$155 million Club Loan Facility for Daewoo Engineering & Construction Co Ltd. The three-year facility, arranged in collaboration with other regional banks, will be used for general corporate purposes, supporting Daewoo’s working capital requirements for ongoing projects globally. Mohamed Khadiri, CEO ...

ABU DHABI / GULF TIME On Valentine’s Day, Khalidiyah Mall’s Central Atrium transformed into a vibrant display of love and joy. At 8:30 PM, over 3,000 red balloons gracefully descended, with some carrying surprise rewards—creating an unforgettable moment that became the highlight of the celebration. Leading up to the big event, from February 7 to 14, the mall hosted a ...

RIYADH  / GULF TIME ZainTECH, the integrated digital solutions provider of Zain Group, has achieved a significant milestone with its CloudHub platform, successfully completing a rigorous audit by the National Cybersecurity Authority (NCA) in the Kingdom of Saudi Arabia. The platform achieved exceptional compliance scores of 98% for Essential Cybersecurity Controls (ECC) and 92% for Cloud Cybersecurity Controls (CCC), making ...