Dubai / Emirates Business Gidea Technology Company launched a new service to the payment sector market in Saudi Arabia, which facilitates the linking system of electronic for Saudi banks with UnionPay network “the global payment network that serves the world’s largest cardholder base” through the Saudi Payments Network System (MADA) in cooperation with the Saudi Arabian Monetary Agency. It …

  Dubai / Emirates Business Nissan has signed a historic Memorandum of Understanding (MoU) with the Greater Amman Municipality in Jordan as part of a landmark initiative to provide the Kingdom with its first 100 Nissan LEAF and Nissan e-NV200 electric vehicles (EVs). The vehicles, to be supplied by Bustami & Saheb (BSTC), Nissan’s exclusive distributor in the Kingdom, will …

  Bloomberg The IMF weighed in once more with its thoughts on Britain’s referendum, warning the U.K. could slide into a recession if it quits the EU. In a 64-page document, the Washington-based fund said that the size of the hit would depend on a multitude of factors, though its overall assessment is that the U.K. “would likely be worse …