Saudi Arabia toughens penalties for commercial fraud

Abu Dhabi: Saudi Arabia has tightened penalties for business licensing fraud, also known as Tasattur or cover ups, in which foreign nationals owning businesses in the kingdom while using the names of Saudi citizens, local media reported. A new anti-business licensing fraud regime passed by the Saudi Cabinet Tuesday, seeks to eliminate the shadow economy […]

Dubai-based start-up solving the global hospitality listing issue

Hotel Data Cloud, a Dubai-based startup, is using AI-enabled technology to close the information gap between hotels and consumers. The company’s platform allows hotels to share their information with booking platforms in real time. Recognised by the United Nations World Tourism Organisation as one of the ‘healing solutions for tourism’ during the pandemic, Hotel Data […]