Friday 30 September 2016
 
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Saudi Binladin 'starts getting government dues'

The Saudi finance ministry has resumed payments to Saudi Binladin Group (SBG), the kingdom's biggest construction firm, for its work on government projects, the Saudi Okaz newspaper reported on Thursday, citing an adviser to the cha

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Travelport launches 'Mobile Payment Solution' in Kenya

Travelport, a leading travel commerce platform, has rolled out its Mobile Payment Solution for travel agencies in Kenya via its industry-leading point of sale technology for travel agents, Travelport Smartpoint. In Kenya, thanks t

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Houthis seize tankers in Yemen port over payment row

Authorities in a port controlled by Yemen's Houthi movement have seized two oil tankers from international traders in a payment dispute, according to the ships' owners, an incident which could make it more difficult for the country to im

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Uber tests new payment option in the UAE

Ride-hailing service Uber is testing out a new cash payment option for rides in the UAE. The pilot in Dubai and Abu Dhabi makes the UAE the seventh country to test cash payments, following the launches of Saudi Arabia, Egypt, Jord

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Limitless set to make $536m early debt repayment

Dubai-based real estate developer Limitless has confirmed that its early payment of Dh2.07 billion ($563 million) to banks and trade creditors will take place on Saturday.   The announcement follows last week's announcemen

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Gemalto to deploy contactless EMV cards for NCB

Saudi Arabia's National Commercial Bank (NCB) has chosen Gemalto, a leader in digital security, to migrate its entire portfolio of credit cards to fast, convenient and secure contactless EMV (Europay, Mastercard and Visa) cards, according

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Japan makes $71m payment to back Morocco's green plan

The Japan International Cooperation Agency (JICA) has paid 720 million Moroccan dirhams ($71.8 million) backing Morocco's green plan programme, according to a report.   It is part of a 1.4 billion Moroccan di

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Sobha unveils payment plan for Dubai mixed-use project

Sobha Group, a leading real estate developer in India and the Middle East, has announced the launch of an extended payment plan for Sobha Hartland in Mohammed Bin Rashid Al Maktoum City, Dubai, its urban mixed-use development located in the epic

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Flydubai to pay $20,000 to families of crash victims

Dubai-based flydubai airline has announced that it will provide hardship payments of $20,000 to the families of passengers killed in the crash of its plane in Russia.    "At present, our priority is to identify and

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Egas makes first LNG payments for year

Egypt's state-owned Egas has made its first payments to liquefied natural gas (LNG) suppliers since payment terms for deliveries were extended, trade sources said.   Egypt imports around six to eight cargoes

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