22 Rajab 1446 - 21 January 2025
    
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Eye of Riyadh

RIBA strengthens Gulf presence and partnerships
Business & Money | Thursday 28 November, 2024 4:44 pm
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...
Beauty & Style | Tuesday 21 January, 2025 12:03 pm
“Jazeera Paints”, the leading company in the industry of paints, colors and construction solutions in KSA and MENA, has participated as a Strategic Partner in the Marsam Design Award ceremony, organized by the Architecture and Design Commission on January 16-17, 2025, at the IPA Narjis Branch,...
Kingdom Holding resumes Jeddah Tower construction
Business & Money | Tuesday 21 January, 2025 9:41 am
Kingdom Holding Co. (KHC) announced today, Jan. 20, the official restart of construction and concrete pouring for the Jeddah Tower. Jeddah Economic Co. (JEC) is overseeing the project, in partnership with global architectural firm Adrian Smith + Gordon Gill Architecture, along with engineering ...
Al Jouf Cement inks SAR 38M contract to export cement to Syria
Business & Money | Tuesday 21 January, 2025 9:33 am
Al Jouf Cement Co. inked a contract with Mohammed Shahi Al-Ruwaili Contracting at a total value of SAR 38 million, according to a statement to Tadawul. Under the contract, Al Jouf Cement will export all types of cement and clinker to Syria. The contract’s value is 10% higher than the...
Red Sea subsidiary signs SAR 266M contract
Business & Money | Tuesday 21 January, 2025 9:32 am
Red Sea International Co.'s subsidiary, Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed a SAR 266 million contract with ALEC Saudi Arabia Engineering and Contracting LLC. The deal covers mechanical and electrical works for the Scientific Discovery and Innovation...
Ajman sees significant growth in BCI, hitting 135 points
Business & Money | Tuesday 21 January, 2025 8:00 am
Ajman has recorded a significant boost in business activity during 2024, highlighted by a remarkable growth in the number of economic licences issued and a substantial rise in the Business Confidence Index (BCI). Statistics from the Department of Economic Development in Ajman (Ajman DED)...
UAE participates in World Economic Forum 'Davos 2025' with delegation of over 100 government officials, private sector leaders
Business & Money | Tuesday 21 January, 2025 8:00 am
The UAE is participating in the 55th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, taking place from 20th to 24th January 2025. The UAE’s high-level delegation is led by H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts...
SIB's profit surpasses AED1 billion for 1st time in its history
Business & Money | Tuesday 21 January, 2025 8:00 am
Sharjah Islamic Bank (SIB) announced record financial results and exceptional growth for the year ending 31st December 2024. The Bank's net profit before tax increased by 36.5%, reaching AED1.15 billion, while net profit after tax amounted to AED1.05 billion, reflecting a 24.5%...
Sharjah Economic Development Department evaluates 'Ruwad' projects
Business & Money | Tuesday 21 January, 2025 8:00 am
Hamad Ali Abdullah Al Mahmoud, Chairman of the Sharjah Economic Development Department (SEDD), assessed the accomplishments of the "Digital Warehouses" project, which is part of the Sharjah Foundation to Support Pioneering Entrepreneurs (Ruwad), after its involvement in the Global Startup Festival...
UAE ranks among top 35 countries with largest global maritime fleets
Business & Money | Tuesday 21 January, 2025 8:00 am
The UAE has ranked among the top 35 countries globally with the largest shipping fleets by tonnage and capacity, according to the 2024 report by the United Nations Conference on Trade and Development (UNCTAD). The report also highlighted three other Arab countries on the list: Saudi Arabia,...
ASAS launches phase two of Sajaa Industrial Lands project
Business & Money | Tuesday 21 January, 2025 8:00 am
ASAS Real Estate, a subsidiary of Sharjah Islamic Bank, has announced the launch of sales for phase two of the Sajaa Industrial Lands project in a strategic location in Sharjah’s Sajaa Industrial Area. The project offers freehold ownership for UAE nationals, GCC citizens, and Arab residents...
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