Business & Investments

Saudi Real Estate Refinance Company (SRC) Extends its Refinancing Agreement with Alrajhi Bank with an Additional SAR 5.8 billion

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Saudi Real Estate Refinance Company (SRC) Extends its Refinancing Agreement with Alrajhi Bank with an Additional SAR 5.8 billion

Riyadh, Saudi Arabia, 03January 2024 – The Saudi Real Estate Refinance Company (SRC), wholly owned by the Public Investment Fund (PIF), has extended its refinancing agreement with Alrajhi Bank, the world’s largest Islamic bank by mortgage assets and market cap, with an additional SAR 5.8 billion bringing the total value of refinancing agreements between the two to SAR 10.8 billion.

The continued collaboration between SRC and Alrajhi Bank, as highlighted by this new agreement, pinpoints SRC’s pivotal role in enhancing growth capabilities of banks and financiers through offering liquidity, capital management, and balance sheet de-risking solutions that will lead to an increase in the origination of new home loan assets, making home financing more accessible.

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Featured

Innovations Group Makes Searching and Applying for Blue Collar Jobs in the UAE

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Innovations Group Makes Searching and Applying for Blue Collar Jobs in the UAE, Easier with their New Job Search App

  • Innovations Group introduces a cutting-edge Job Search App for blue collar job seekers in the UAE, streamlining the process with a user-friendly interface and one-click applications.  
  • To address the unique needs of the blue-collar workforce, the app provides a dedicated section, empowering candidates with specific skill sets to independently apply for jobs, improving the job search landscape.  

3rd January 2024, Dubai, United Arab Emirates: Innovations Group, the UAE’s leading HR & Staffing Solutions provider, introduces a solution to streamline job searches with the launch of the ‘Innovations Group Job Search App.’ Aimed at catering to blue collar job seekers in the UAE, the app offers an accessible and user-friendly platform designed to simplify the job-hunting process and fostering a more inclusive and accessible employment landscape.  

The launch of the Innovations Group Job Search App is an extension of the company’s commitment to modernize the staffing industry through cutting-edge technology. The Innovations Group Job Search App, which is available on the iOS as well as Android Play Store, stands out with its user-friendly interface, empowering job seekers to upload their CVs, explore a myriad of job opportunities, and apply to roles with just one click. A personalized dashboard enables users to track job applications and interviews seamlessly. To enhance the job search experience, the app incorporates improved filters, enabling users to search for jobs based on their skills and experience. Push notifications keep users updated on the status of their applied jobs.  

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Featured

CSD Raises Awareness of Winter Risks to 2000 Children and 500 Parents in its Winter Campaign “Their Safety First”

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Raising Awareness on Outdoor Risks with Engaging Activities and Workshops

CSD Raises Awareness of Winter Risks to 2000 Children and 500 Parents in its Winter Campaign “Their Safety First”

Sharjah, 3rd January 2024

The Child Safety Department (CSD), an affiliate of the Supreme Council for Family Affairs in Sharjah, is back with its seasonal “Their Safety First” campaign, aiming to inform over 2000 children and 500 parents about safe practices during the winter season.

This includes camping, outings, and other outdoor activities, as part of their  commitment to fostering a culture of safety and prevention within families and the community. The campaign provides practical advice to ensure the health and safety of children throughout the year.

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Events

Expo City Dubai to launch first ever Dhai Dubai light artfestival in January 2024

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Expo City Dubai to launch first ever DhaiDubai light artfestival in January 2024

The inaugural light festival takes place at Expo City Dubai from January 26 to February 4, 2024

DUBAI, 03January, 2024 — The DhaiDubai light artfestival is set to launch in Expo City Dubai and illuminate Al Wasl Plaza in January 2024. Running from January 26 to February 4, 2024, the festival will unveil a radiant cultural experience that bridges art, culture, and the profound influence of light. Organized by Expo City Dubai, in strategic partnership with AGB Creative, curators and designers of Vivid Sydney, and the Dubai Culture and Arts Authority (Dubai Culture), this inaugural event promises to rekindle the spirit of Al Wasl with creativity born from the hearts of Emirati artists participating in Dhai Dubai. Drawing its essence from Al Wasl’s enduring values — inclusiveness, a rich cultural tapestry, knowledge, authentic cultural expression, universal humanity, and insatiable curiosity — these values will infuse every facet of the festival, creating an atmosphere of unity and wonder.

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Technologies

Huawei CBG UAE Achieves International Data Privacy Management System Certification

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Huawei CBG UAE Achieves International Data Privacy Management System Certification

Dubai, UAE, January 4, 2023 –Huawei Consumer Business Group (CBG) UAE has successfully obtained the ISO/IEC 27701:2019 privacy management system certificationissued by the BSI (British Standards Institution).ISO/IEC 27701 is a data privacy extension to ISO 27001 and ISO/IEC 27002, which are the global standards for information security and security controls.

The ISO/IEC 27701 privacy information management system provides a comprehensive set of personal data processing methods and a privacy information management framework from multiple dimensions, such as organisational governance, legal compliance, process specifications, information technology, supervision, and audit.

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