Business & Money | Thursday 28 November, 2024 4:44 pm

RIBA strengthens Gulf presence and partnerships

As part of its work to promote architectural excellence and grow its global membership, the Royal Institute of British Architects (RIBA) has been taking steps to strengthen its presence and strategic partnerships in the Gulf. This work coincides with the 15th anniversary of the RIBA Gulf...

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Business & Money | Monday 2 December, 2024 9:47 am

Global Manufacturing and Industrialisation Summit to take place during Abu Dhabi Business Week

The Global Manufacturing and Industrialisation Summit (GMIS) today announced that the 2024 edition (GMIS 2024) will be organised on 5th December 2024. The event will be hosted alongside the inaugural Abu Dhabi Business Week (ADBW), which is being held under the patronage of H.H. Sheikh Khaled...

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Business & Money | Monday 2 December, 2024 9:44 am

AED6.2 billion in deals concluded as Global Food Week wraps up in Abu Dhabi

Global Food Week witnessed intensive trade activity, with total deals signed over the three days amounting to AED6.2 billion, reflecting a 59% growth compared to the previous edition's AED3.9 billion. Over 1,600 meetings were held between buyers and exhibitors from across the globe, discussing ...

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Business & Money | Monday 2 December, 2024 9:42 am

Mohamed Al Hussaini discusses financial cooperation with Jordan’s Minister of Finance

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, met today with Dr. Abdelhakim Shibli, Minister of Finance of the Hashemite Kingdom of Jordan, at the Ministry’s office in Dubai. The meeting focused on exploring ways to enhance cooperation in the financial sector and other...

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Business & Money | Monday 2 December, 2024 9:39 am

UAE first in region to gain observer status in Eurasian Group to Combat Money Laundering and Terrorism Financing

The United Arab Emirates has officially joined the Eurasian Group on Combating Money Laundering and Terrorist Financing (EAG) as an observer, becoming the first country in the region to achieve this status. This move highlights the UAE's commitment to enhancing regional and global cooperation...

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Business & Money | Monday 2 December, 2024 9:36 am

UAE supplies Japan with 47.8% of its oil imports in October 2024

Japan imported 31.80 million barrels of oil from the UAE in October 2024, accounting for 47.8 percent of its total imports for the month, according to data from the Agency for Natural Resources and Energy under Japan’s Ministry of Economy, Trade and Industry. The data shows that Japan’s...

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Business & Money | Monday 2 December, 2024 9:29 am

Dubai set to host 2nd edition of Japan Kyoto Trade Exhibition in February 2025

MAICO Enterprises Inc., a leading Japanese trade organisation, has announced the details of the Japan Kyoto Trade Exhibition 2025, an annual regular trade exhibition in Dubai aimed to strengthen bilateral trade ties between the UAE and Japan, driving economic growth and innovation in the region.The ...

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Business & Money | Monday 2 December, 2024 9:24 am

Alkhorayef Water bags SAR 58.8M contract from Saudi Water Authority

Alkhorayef Water and Power Technologies Co. (AWPT) was awarded on Nov. 28, a 24-month contract to operate and maintain water treatment plants at Wadi ad-Dawasir, Alsalil, Al Safa in Najran, and Alwajid. The contract from Saudi Water Authority (SWA) is valued at SAR 58.8 million, excluding ...

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Business & Money | Monday 2 December, 2024 9:19 am

Royal order to transform KKESH into non-profit organization

A royal order was issued approving the bylaws of King Khaled Eye Specialist Hospital (KKESH) and transforming it into an independent, non-profit organization under the Royal Commission for Riyadh City. ...

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Business & Money | Monday 2 December, 2024 9:17 am

Alpha Capital and Alkhoyool Alarabia Launch Real Estate Fund to Develop Office Complex in Riyadh

Alpha Capital announced the launch of a private closed-ended real estate fund to develop an upscale office complex in Riyadh. Alkhoyool Alarabia has been appointed as the main developer, entrusted with designing and executing the project to meet the highest standards. In a statement, Alpha...

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Business & Money | Monday 2 December, 2024 9:10 am

Tanmiah unit signs contract to buy SAR 143M factory

Tanmiah Food Co. announced that its subsidiary, Agricultural Development Co., signed a contract with Dajen Poultry Co. to purchase a new primary processing plant and land in Saudi Arabia for SAR 143 million. ...

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