Business & Money | Sunday 17 November, 2024 11:19 am

MOCCAE hosts workshop to discuss GCC countries’ experiences in accrediting food establishments for exports

The Ministry of Climate Change and Environment (MOCCAE) hosted a workshop to discuss the experiences of the Gulf Cooperation Council (GCC) countries in accrediting food facilities that export to the member states. The workshop, which was held in Dubai, reflects the UAE's key role in enhancing...

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Business & Money | Sunday 17 November, 2024 11:17 am

COP29: UAE announces developing world’s first ChatGPT tool for agricultural community

Mariam bint Mohammed Saeed Hareb Almheiri, Head of the International Affairs Office in the UAE Presidential Court, has announced that the UAE is developing the world’s first ChatGPT tool for the agricultural community. The announcement came today at the UAE Pavilion at COP29 which hosted an...

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Business & Money | Sunday 17 November, 2024 11:09 am

MIS signs SAR 66.8M contract with Ministry of Tourism

Al Moammar Information Systems Co. (MIS) signed a contract with the Ministry of Tourism to supply Microsoft products and services for a total value of SAR 66.78 million, inclusive of VAT. In a statement to Tadawul, the company said the contract spans three calendar years, with the...

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Business & Money | Sunday 17 November, 2024 11:04 am

Ladun unit signs SAR 645.7M mixed-use project contract

Ladun Investment Co.’s subsidiary, Built Industrial Co., inked a contract to undertake “The Point Abha” project for the Real Estate Development Fund (REDF), at a total value of SAR 645.66 million, including VAT, according to a statement to Tadawul. The Point project is a mixed-use...

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Business & Money | Sunday 17 November, 2024 10:53 am

New Murabba Showcased the Future of Urban Development at Cityscape Global 2024

New Murabba, a PIF company, highlighted its transformative vision for urban living at Cityscape Global 2024, one of the world’s largest real estate and urban development exhibitions, where it was the Foundation Sponsor. Inaugurated by the Ministry of Municipalities, the event was held from...

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Business & Money | Sunday 17 November, 2024 10:50 am

Joby Announces Beginning of Work on First Dubai Vertiport

Joby Aviation, Inc. (NYSE:JOBY), a company developing electric air taxis for commercial passenger service, today announced that construction has begun on the first vertiport in its planned Dubai air taxi network. Situated at Dubai International Airport (“DXB”), the vertiport is being...

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Business & Money | Sunday 17 November, 2024 10:47 am

Masdar signs Power Purchase Agreement for its 1GW Wind Farm in Kazakhstan

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Power Purchase Agreement (PPA) with the Financial Settlement Centre for Renewable Energy Sources Support LLP for its 1GW wind farm in the Jambyl region of Kazakhstan. The signing took place on...

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Business & Money | Sunday 17 November, 2024 10:44 am

Saudi Arabia Concludes Impactful Tenure as Chair at the 122nd UN Tourism Executive Council in Colombia

 At the 122nd Executive Council session held from 13-15 November in Cartagena, Colombia, Saudi Arabia has concluded its two-year chairmanship term by calling on the industry to continue to strengthen the global tourism agenda. The chair of the UN Tourism Executive Council is pivotal in guiding ...

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Business & Money | Sunday 17 November, 2024 10:39 am

Abu Dhabi Hosts the Middle East’s First Consumer Electronics Show with Participation from 200 Chinese Brands

The inaugural edition of the Middle East's first Consumer Electronics Show has been launched, organized by China Chamber of Commerce for Import and Export of Machinery and Electronic Products. Taking place at the Abu Dhabi National Show Centre, the Show runs from November 12 to 14 and features a...

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Business & Money | Sunday 17 November, 2024 10:33 am

GULFNAV records a 26% growth in revenues in Q3 reaching 26 million dirhams

Gulf Navigation Holding PJSC (“GULFNAV”) the Dubai Financial Market listed maritime and shipping company, announced its financial results for the period ended September 30, 2024, reporting Net Profits of 1.1 million dirhams in the third quarter, supported by higher revenue, strategic cost...

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