27 Jumada II 1446 - 28 December 2024
    
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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...
Mohammed bin Rashid reviews progress of AED3.6 billion Hatta development projects, visits Hatta Winter Festival
Business & Money | Saturday 28 December, 2024 10:18 am
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...
Environment Agency – Abu Dhabi launches international standard carbon Measurement, Reporting, and Verification programme
Business & Money | Saturday 28 December, 2024 10:16 am
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...
Ajman Ruler approves emirate's 2025 budget worth AED3.7 billion
Government | Saturday 28 December, 2024 10:13 am
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...
ZATCA sets criteria for target taxpayers in Wave 19 of e-invoicing
Government | Saturday 28 December, 2024 10:07 am
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...
Dubai Customs launches AEO Connect 2024
Business & Money | Saturday 28 December, 2024 10:02 am
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...
RAKEZ growth series 2024 finale highlights learning, growth, and networking
Business & Money | Saturday 28 December, 2024 10:00 am
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...
'Discover Beyond Hail' Tour Wraps Up Under Governor's Patronage
Tourism & Hospitality | Saturday 28 December, 2024 9:59 am
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...
Social Development Bank grants SAR 8B financing in 2024
Business & Money | Saturday 28 December, 2024 9:57 am
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...
Oman exempts Saudi investors from taxes in Madayn: Official
Business & Money | Saturday 28 December, 2024 9:55 am
Oman decided to exempt Saudi industrial investors in Industrial Estates (Madayn) from taxes, Al-Eqtisadiah reported, citing Nasser Al-Hajri, Chairman of the Saudi-Oman Business Council.   This announcement was made during meetings held between the Saudi-Oman Business Council and Qais ...
Al-Hilal SFC makes SAR 33.4M profit in FY 2023/24
Business & Money | Saturday 28 December, 2024 9:52 am
Al-Hilal Saudi Football Club reported net profits of SAR 33.37 million for the fiscal year 2023/24. Net profit margins reached 1.5%. Total revenue exceeded SAR 1 billion, compared to activity expenses of SAR 923.5 million. The current ratio rose to 0.89 in June 2024 from 0.61 a year...
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