Technology

Saudi Arabia to launch second local currency sukuk programme

(Image source: ?????????? ????????? ????. ??????/Commons)

Saudi Arabia plans to launch its second local currency sukuk issuance next week, beginning 20 August

Saudi Arabia halts commercial and working visit visas for UAE Muslim residents during Hajj

Hajj in 2008. (Image source: Al Jazeera English/Commons)

Effective 7 August 2017, Muslim residents in the UAE are unable to apply for commercial and working visit visas for Saudi Arabia as consular processing is suspended during the busy Hajj season

Mashreq announce advanced banking wallet, MashreqPay

Subroto Som, Head of Retail Banking Group at Mashreq. (Image source: Mashreq)

Mashreq Bank has announced the launch of MashreqPay - a digital mobile wallet providing secure easy-to-use payment for purchases, anywhere in the world where cards are accepted and the merchant terminal has NFC (near-field-communication) capability

Kim Fausing takes over as Danfoss CEO

Kim Fausing is the new CEO of Danfoss. (Image source: Danfoss)

Kim Fausing took over as the new president and CEO of Danfoss, with effect from 1 July 2017, and has announced that he will continue the Danfoss strategy, focusing on growth and digitalisation of the company

Equinix extends data centre services in MENA region

Eric Schwartz, President EMEA at Equinix. (Photo: Equinix)

Technical Review Middle East, speaks to Eric Schwartz, President EMEA at Equinix who discusses the data centre business in the Middle East and the challenges facing the market