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 | Sunday 29 December, 2024 10:07 am

Al Akaria sells 17 land lots in Riyadh for SAR 145.15B, sees capital gain of SAR 125.74M

Saudi Real Estate Co. (Al Akaria) announced the sale of 17 plots of land in Riyadh through an electronic public auction held on Dec. 26, for a total value of SAR 145.15 million (excluding real estate transaction tax and brokerage fees). In a statement to Tadawul, the company said that the...

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Business & Money | Sunday 29 December, 2024 10:04 am

ADES wins jack-up rig contract in Thailand with backlog of SAR 1.04B

ADES Holding Co. received a letter of award from PTTEP Energy Development Co. Ltd. (PTTEP) for an offshore jack-up drilling contract in the Gulf of Thailand, with an estimated backlog of SAR 1.035 billion. In a statement to Tadawul, the company said that the award is for a five-year...

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Business & Money | Saturday 28 December, 2024 10:18 am

Mohammed bin Rashid reviews progress of AED3.6 billion Hatta development projects, visits Hatta Winter Festival

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, said today that Dubai remains committed to continuously enhancing its services, facilities, and infrastructure to consolidate its position as one of the world’s best cities to live, work, and...

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Business & Money | Saturday 28 December, 2024 10:16 am

Environment Agency – Abu Dhabi launches international standard carbon Measurement, Reporting, and Verification programme

The Environment Agency – Abu Dhabi (EAD) has launched an international standard carbon Measurement, Reporting, and Verification (MRV) programme as a pivotal step towards addressing carbon emissions in the emirate. EAD has made significant progress in studying the possibility of implementing...

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Government | Saturday 28 December, 2024 10:13 am

Ajman Ruler approves emirate's 2025 budget worth AED3.7 billion

H.H. Sheikh Humaid bin Rashid Al Nuaimi, Supreme Council Member and Ruler of Ajman, has approved the Ajman Government’s 2025 general budget worth AED3.7 billion. The move aims to support the emirate's development plans, enhance community well-being, meet public needs, and strengthen Ajman's...

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Government | Saturday 28 December, 2024 10:07 am

ZATCA sets criteria for target taxpayers in Wave 19 of e-invoicing

Zakat, Tax and Customs Authority (ZATCA) determined the criteria for selecting the target taxpayers in Wave 19 for implementing the "integration phase" of e-invoicing.   In a statement, the authority clarified that this wave included all taxpayers whose revenues subject to VAT...

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Business & Money | Saturday 28 December, 2024 10:02 am

Dubai Customs launches AEO Connect 2024

Building on its continuous efforts to enrich the experience of companies participating in the Authorized Economic Operator (AEO) program and drive the growth of trade through the program—which provides competitive facilities and incentives for its members—Dubai Customs has launched the first...

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Business & Money | Saturday 28 December, 2024 10:00 am

RAKEZ growth series 2024 finale highlights learning, growth, and networking

The RAKEZ Growth Series 2024 drew to a successful close at Compass Coworking Centre, uniting participants, speakers, and business leaders from all events of the year for a day of meaningful connections, reflection, and powerful business insights. The concluding event celebrated the strides the...

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Tourism & Hospitality | Saturday 28 December, 2024 9:59 am

'Discover Beyond Hail' Tour Wraps Up Under Governor's Patronage

Under the patronage and presence of His Royal Highness Prince Abdulaziz bin Saad bin Abdulaziz Al Saud, Governor of Hail Region, the Tourism Development Fund (TDF) successfully concluded its "Discover Beyond Hail" tour and accompanying exhibition that hosted more than 600 participants. This...

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Business & Money | Saturday 28 December, 2024 9:57 am

Social Development Bank grants SAR 8B financing in 2024

The Social Development Bank (SDB) provided SAR 8 billion financing in 2024, achieving its full-year targets in financing and developmental support, alongside expanding its non-financial services, the state-run SPA reported.   SDB said 122,000 benefited from the bank’s loans. A...

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