Trade Arabia-


Batelco, a leading telecom company in Bahrain and a part of the Beyon Group, has signed an exclusive partnership with Mayflower Investment to equip the new District Courtyard Mall project in Hamala with digital services.

Through this deal, Batelco will deliver a comprehensive suite of smart building solutions, including cutting-edge CCTV systems, advanced cabling, Integrated Building Systems (IBS), and Smart TV services.

The project focuses on enhancing security, connectivity, and improving the overall digital infrastructure for businesses and retailers.

The agreement was signed by Abdulla Danesh, Batelco General Manager Enterprise and Abdulla Nooruddin, CEO of Mayflower Investments at Beyon’s headquarters, in the presence of representatives from both companies including Husain AlOaraibi, Head of Growth and Project Developments at District Courtyard Mall.

On the strategic tieup, Batelco General Manager of Enterprise Abdulla Danesh said: "We are excited to partner with Mayflower Investments WLL to equip the new expansion of the District Courtyard Mall project with the latest and most advanced smart building solutions."

"With this strategic partnership, we aim to deliver the highest standards of quality in our product offering and provide the retailers of District Courtyard with the latest technologies empowering them to further boost their businesses," stated Danesh.

"We are dedicated to fostering mutual business growth while empowering businesses to flourish in a dynamic, connected environment. Our focus is to ensure that they have the tools and resources necessary to succeed in today’s fast-paced economy," he added.

(WAM)-


Estonia took centre stage at GITEX Global 2024, highlighting its latest technological advancements and cementing its role as a global leader in digital innovation.

Trade Estonia, a part of Enterprise Estonia, led a delegation of seven top Estonian tech firms, showcasing solutions in fields such as cybersecurity, smart mobility, and Muon Flux technology for enhanced safety in construction monitoring.

These innovations reflect Estonia's commitment to addressing global challenges and fostering a more secure, connected future.

A key highlight was the signing of a memorandum of understanding (MoU) between Bolt and Dubai Taxi Corporation (DTC), marking Bolt's entry into the UAE market and expanding Estonia's influence in the smart mobility sector.

Estonia also introduced a groundbreaking AI-driven automated manufacturing cell in collaboration with 5.0 Robotics and KUKA, bringing industrial technology to a wider audience. This compact, mobile system offers new opportunities for localised production and entrepreneurship.

Additionally, Erkki Keldo, Estonia’s Minister of Economy and Industry, participated in a panel on digital economies, stressing Estonia’s contribution to sustainable technological progress.

Estonia's presence was further enhanced by a 'Meet Estonia' networking event hosted by Maria Belovas, Ambassador of Estonia to the UAE, fostering stronger diplomatic and business ties between the two nations.

Estonia's participation at GITEX Global 2024 underscored its leadership in technology and innovation, driving forward solutions for the future.

SPA-


The Egyptian Stock Exchange indices closed higher today, and the market capitalization of the listed companies gained about EGP 49 billion to reach EGP 2.169 trillion, amid total market transactions of about EGP 17.6 billion. The main market index (EGX 30) rose by 3.1% to reach 30,445.2 points, while the small and medium-sized stocks index (EGX 70) increased by 2.07% to reach 7,682.27 points, and the broader (EGX 100) index recorded a growth of 2.49% to end trading at 10,852.87 points.

SPA-


Muscat Stock Exchange Index "30" closed today at 4799.89 points, down 10.2 points and 0.21 percent compared to the last trading session which reached 4810.13 points.
The trading value amounted to 1,674,276 Omani riyals, up by 32.1 percent compared to the last trading session which reached 1,267,689 Omani riyals.
The report issued by Muscat Stock Exchange indicated that the market value decreased by 0.079 percent from the last trading day and amounted to approximately 24.71 billion Omani riyals.

Tadawul-


Element List Explanation
Introduction SICO Capital Company announces the approval of the Fund’s Board of Directors of a non-fundamental change to SICO Saudi REIT Fund
Change Effective Date 2024-11-04 Corresponding to 1446-05-02
Change Details SICO Capital Company approval of the Fund’s Board of Directors of a non- fundamental change to SICO Saudi REIT Fund, such change will become effective on (4/11/2024 .), corresponding to (2/05/1446.) The details of the non-fundamental change are as follows: change in the in-Audit Fees

Company Name : Taqa Arabia
ISIN Code : EGS490S1C014
Reuters Code : TAQA.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 30/09/2024 according to Article 30 of the Listing Rules.

The Disclosure Form (609 KB)

Company Name : Orascom Investment Holding
ISIN Code : EGS693V1C014
Reuters Code : OIH.CA
Content :
Release from the company concerning the Board of Directors & the Executive Managers.

Release from the Company (339 KB)

(ONA)-



The Telecommunications Regulatory Authority (TRA) has issued a decision to amend the executive regulation of the Law Regulating Postal Services.

The step fits with the rapid developments taking place in the postal services sector, which witnessed major updates, including the introduction of e-commerce technologies aimed at upgrading the quality of services provided to beneficiaries.

The draft regulation includes a new classification of licences and the re-definition of each category, depending on the geographical scope of the services offered to clients. It also reschedules fees for each category of the licence, including renewal fees.

The draft regulation sets the terms, conditions and obligations of parties interested in obtaining necessary licences for providing postal services.

The regulation dedicates a special chapter to the quality of postal services. This includes timeframes for handling beneficiaries’ complaints, ensuring that each beneficiary receives an invoice for a specific service in line with a form approved by the TRA.

In particular, the draft regulation addresses the means of dealing with challenges and resolving disputes that might arise between the parties of the service.

The overall objective is to establish a flexible regulatory environment that keeps pace with modern developments, protect the interests of beneficiaries, empower small and medium enterprises (SMEs), promote local entrepreneurship and encourage competition. The regulation serves the beneficiaries of postal services and providers of postal services and related services.

Tadawul-


Element List Explanation
Announcement Detail Referring to the company's announcement published on the Tadawul website on Wednesday 02/10/2024 corresponding to 29/03/1446 AH, which includes an invitation to the honorable shareholders to participate and vote in the Ordinary General Assembly meeting (the first and second meeting after one hour from the first), which is scheduled to be held via modern technology, God willing, at exactly (06:30) pm on Wednesday 20/04/1446 AH corresponding to 23/10/2024 AD.
As well as the latest announcement published on the Tadawul website on Wednesday 13/04/1446 AH corresponding to 16/10/2024 AD to notify the shareholders of the start of voting and the mechanism for participation.

The company is pleased to inform the honorable shareholders registered on the (Tadawulaty) electronic services website of the importance of remote voting on the items of the assembly, and that voting has started from one o’clock in the morning on Saturday: 16-04-1446 AH corresponding to: 19-10-2024 AD, until the end of the assembly’s meeting time, where registration and voting will be available and free for all shareholders by visiting the Tadawulaty website using the following link:

https://www.tadawulaty.com.sa

For inquiries about the assembly items or for other inquiries, you can contact the Investor Relations Department via:

1. Phone number: 0112002939

2. Mobile number: 0554551092

3. Email: shareholder.relations@siec.com.sa

(QNA)-


Qatar Central Bank (QCB) has announced that the payment services through the national e-Commerce Gateway (QPay) is now available through using (FAWRAN) instant payment service.
The service allows merchants to register with the service to help them accept payment transactions for the purchases customers make by using this service.
Provision of multiple options for customers when they embark on paying is one of the most important features of this service, as customers are not required to use bank cards to purchase online in Qatar.
The service adheres to the highest standards of protection and safety in processing local payment transactions through QCB systems with the possibility of payment via phone number and name alias. Additionally, Doha Bank participates in offering this service.

Company Name : Misr Duty Free Shops
ISIN Code : EGS53051C016
Reuters Code : MFSC.CA
Content :
Release from FRA concerning the approval on the publishing of the disclosure form

Release from FRA (1,260 KB)

Company Name : Rakta Paper Manufacturing
ISIN Code : EGS36021C011
Reuters Code : RAKT.CA
Content :
Referring to the announcement published on 17/10/2024 concerning the invitation for the AGM which is scheduled to be held on 06/11/2024، a correction received from the company to cancel item no. (7) of the AGM agenda regarding the delisting of the company's shares from EGX

Correction from the Company (254 KB)

Company Name : Orascom Financial Holding
ISIN Code : EGS696S1C016
Reuters Code : OFH.CA
Content :
The company sent its Disclosure Form for the BoD & the shareholders' structure for the period ended 30/09/2024 according to Article 30 of the Listing Rules

The Disclosure Form (1,602 KB)

Tadawul-


Element List Explanation
Introduction Saudi Chemical Company Holding (SCCH), through its pharmaceutical sector represented by AJA Pharma Industries Co. Ltd. "AJA Pharma", signed a non-binding MOU with "AlDawaa Medical Services Co. JSL", a leading company specializing in the distribution and retail sales of pharmaceuticals, to locally manufacture a group of essential and vital medicines needed by the Saudi market. The signing ceremony took place during the Global Health Exhibition, held under the patronage of the Ministry of Health of Saudi Arabia, bringing together global healthcare leaders.
Under this MoU, both parties will jointly work towards long-term investment in transferring technology for critical medicines that are not currently being produced locally, to enhance the Kingdom’s self-sufficiency in this vital sector and ensure the continuous availability of these medicines.

Memorandum Signing Date 2024-10-21 Corresponding to 1446-04-18
Counterparty " AlDawaa Medical Services Co"
Memorandum Subject Collaboration between the Parties on the development and long-term investment in the manufacturing of the pharmaceutical and medical products
Memorandum Duration six months
Related Parties none
Financial Impact None
Additional Information Eng. Thamer AlMuhid, GCEO & MD of SCCH, commented on the partnership, saying: " We are committed to providing high-quality products and forging added-value partnerships that contribute to both the healthcare sector and the economic landscape in the Kingdom. This partnership with " AlDawaa Medical Services Co. is a strategic step in fulfilling the objectives of our country’s ambitious Vision 2030 and beyond; for a more sustainable and innovative future by localizing the healthcare industry, improving capabilities, and ensuring drug security "

Company Name : Misr Beni Suef Cement
ISIN Code : EGS3C371C019
Reuters Code : MBSC.CA
Content :
Release regarding the disclosure form according to the Article 29 of EGX Listing Rules.

The Release (560 KB)