The Central Bank of Sri Lanka said that, it received information regarding several types of financial frauds and scams being operated through social media, Internet-based applications and mobile payment applications. Most of these scams are conducted through web or mobile app based easy loan schemes that attract the public. During such loan application evaluation process, the fraudsters entice the public to …
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The Ministry of Environment, Water and Agriculture aims to increase the volume of Saudi Arabia’s date exports, reaching 200,000 tons by the end of this year. (SPA)The proposed superfruit is set to provide financial and economic gain for millions of rural businessesJEDDAH: In a bid to promote the economic benefits of dates and their production, the UN Food and Agriculture …
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The Singapore Food Agency, the city-state’s regulator, approved the sale of Eat Just’s lab-grown chicken in nuggets after concluding it was safe for consumption. (Eat Just via Reuters)Demand for sustainable alternatives to meat is rising due to growing consumer pressureSINGAPORE: Lab-grown chicken will soon be available in restaurants in Singapore, after the city-state became the first to green-light meat created …
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Islamic Finance Today Digital Magazine was relaunched this month with a new look and in a wide range of applications including mobile device compatibility .This follows an agreement with MIT Media and Publications to revive the magazine in digital format. The magazine which follows on the print version from 2006-2010 and the online version from 2015-2016 aspires to deliver the …
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Halal cosmetics sales are increasing with more companies getting certified and product ranges expanding but popularity is not evenly distributed worldwide, with the segment gaining more traction in Asia, especially Southeast Asia, than in other markets.“There is an emergence of halal cosmetics but it is still focused on Asia and there is less recognition of halal beauty products in the …
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Yusuff Ali M.A: “This is obviously a very proud and humbling moment in my life,”JEDDAH: Abu Dhabi-based retail tycoon Yusuff Ali M.A. on Monday became the first Indian citizen to obtain Saudi Arabia’s coveted Premium Residency, widely known as the Saudi “green card.”“This is obviously a very proud and humbling moment in my life,” the chairman and managing director of the …
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