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Xpress Money, one of the world’s most dependable money transfer brands has recorded a 12% increase in remittances in the first two weeks of Ramadan as compared to the same period last year (first 2 weeks of Ramadan last year). The increase is reflected in outward remittances to South Asia, the Levant and other parts of the MENA region.

Twitter and Sela Sport today announced they will partner to live stream matches during the 2017 Arab Championship, the Arab world's inter-club football tournament, to a global audience. This marks the first live streaming deal for football on Twitter with a partner in the Middle East and North Africa (MENA) region.

Prime Healthcare Group signed an agreement with Etisalat to provide an end-to-end managed services solution for their entire network infrastructure. The project will provide faster, secure and reliable communication enabling Prime Healthcare Group to improve their business efficiency and enhance their security across its countrywide operations.

ENBD REIT (CEIC) Limited (“ENBD REIT” or the “REIT”), the Nasdaq Dubai-listed Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management, has announced its first dividend payment since listing on Nasdaq Dubai in March. The REIT will pay an interim dividend of USD 9,713,207, or USD 0.0382 per share. Shareholders must own shares in ENBD REIT before market close on 2nd July 2017 to be entitled to claim a dividend. The dividend record date will be 5th July 2017.

Bader El Houssami has joined Nissan Saudi Arabia as Chief Operating Officer, effective July 1st. Based in Jeddah, Bader takes over responsibility for Nissan’s day-to-day operational functions as the company continues to consolidate its robust position within the Kingdom’s fiercely competitive automotive market.