AL-MAWARID BankS.A.L., the First Bank to Invest in Startups under Circular 331

Beirut, June 12th, 2014: In line with its plan to support the economy, AL-MAWARID Bank held a press conference at the Four Seasons Hotel on Thursday June 12th 2014, to announce the first pilot project in Lebanon under Circular 331 put forth by Banque du Liban, and which aims to encourage banks to invest in startups in the knowledge economy sector. This initiative is part of the bank’s CSR program titled “YOUTHinc.” which supports entrepreneurs.

Leading in innovation: LibanPost Launches the New Automated Mail Sorting Center

Beirut, June 12 2014 - LibanPost has concluded the implementation and testing of the new mail processing and sorting solution for its new Mail Center at Beirut Rafic Hariri International Airport. The two automated sorting machines were put into operation on June 12, 2014, and aim at handling mail delivery more efficiently. This automation process makes LibanPost a pioneer in the postal world services by providing traceability solution for the regular mail processing and distribution in the country.

UAE launches Arab Social Media Award to encourage innovative and responsible use of social media in region

An initiative of H.H. Sheikh Mohammed bin Rashid Al Maktoum

 Award to honor best social media initiatives in 20 categories

  • Annual event to recognize individuals and institutions that help establish positive environment for innovation and creativity
  • Aimed at leveraging social media usage to increase awareness of the issues of concern to Arab community 

Mohammed bin Rashid:

AFED Seventh Annual Conference in Amman Flagship Report on Arab Food Security

Amman, 16 June 2014 - Arab Forum for Environment and Development (AFED) announced after a meeting held in Amman by the organizing committee of its upcoming seventh annual conference, that the conference will be held on 26-27 November 2014 at the Royal Convention Centre at Le Merdien in Amman. The theme will be food security options in Arab countries, based on a comprehensive report on the subject which AFED is preparing in cooperation with a group of experts at leading research and policy centers.

Oman Ministry of Tourism partners with Air Arabia to further boost its tourism campaign

Airline to launch three new flights to Muscat from RAK

June 16, 2014 - The Oman Ministry of Tourism and Air Arabia, the Middle East and North Africa's first and largest low-cost carrier, have announced the launch of three new flights to Muscat from Ras al-Khaimah (RAK), UAE.  This will allow Air Arabia to fly thousands of passengers out of Ras al-Khaimah International Airport to Oman’s capital city.