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 …