Business & Money | Friday 19 July, 2024 3:49 pm

KSA records SAR 605B real estate deals post brokerage law

The number of real estate transactions grew by nearly 17% to 3.5 million at a total value of more than SAR 605 billion within a year from implementing the Real Estate Brokerage Law, said Abdullah Al-Hammad, CEO of the Real Estate General Authority (REGA).   During his opening speech...

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Government | Friday 19 July, 2024 3:45 pm

Minerals Program identifies local needs, supports foreign investment: Almudaifer

The National Minerals Program seeks to enhance the continuity of supply chains amid the execution of major projects and to identify local mineral needs, Al Eqtisadiah newspaper reported, citing Khalid Almudaifer, Vice Minister of Industry and Mineral Resources. He added that the program...

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Business & Money | Friday 19 July, 2024 3:43 pm

Dar Global plans to launch Trump Tower Dubai in 2025

London-listed Dar Global Co., the international arm of Saudi Arabia's Dar Alarkan Real Estate Development Co., along with the Trump Organization, announced their collaboration to establish a Trump-branded tower in Dubai, Reuters reported.   In a statement, Dar Global said the tower...

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Government | Friday 19 July, 2024 3:40 pm

Saudia's jet deal to provide advanced transportation alternatives: Al-Jasser

Saudia's signing of the largest global order with Germany's Lilium to purchase up to 100 electric eVTOL jets aims to offer air taxi services in the Kingdom, said Saleh Al-Jasser, Minister of Transport and Logistics.   He said on his official X account that the deal also aims to...

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Tourism & Hospitality | Friday 19 July, 2024 3:38 pm

New regulations underway to facilitate investment in Saudi

Minister of Tourism, Ahmed Alkhateeb, said that work is underway on new laws and regulations to facilitate investment in Saudi Arabia. The private sector always seeks profits and returns. Therefore, tourism projects will be a pull factor for investors. ...

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Business & Money | Friday 19 July, 2024 12:47 am

DOF and FAB Partnership to Enhance Digital Government Service Experience in the Emirate

Department of Finance in Ajman (DOF) signed a service agreement with First Abu Dhabi Bank (FAB) to augment the unified digital payment platform for Ajman's government, SADAD Ajman, and its digital wallet. The aim is to provide comprehensive and advanced payment solutions that add value,...

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Business & Money | Friday 19 July, 2024 12:44 am

Salik joins United Nations Global Compact, reinforcing commitment to sustainable business practices

Salik Company PJSC (Salik), the exclusive toll gate operator of the Emirate of Dubai, has taken a significant step forward in its sustainability journey. The company has joined the United Nations Global Compact, the world's largest corporate sustainability initiative. By aligning with the United...

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Business & Money | Friday 19 July, 2024 12:30 am

DUBAI SOUTH AND EVOCARGO DRIVE INNOVATION IN UAE’S AUTONOMOUS VEHICLE SECTOR WITH SUCCESSFUL FIRST-STAGE TRIALS

 Dubai South, the largest single-urban master development focusing on aviation, logistics, and real estate, announced the successful completion of the first stage of the UAE’s autonomous vehicle trials in partnership with Evocargo. The trials were carried out on a set route in a closed area...

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Government | Friday 19 July, 2024 12:25 am

Dubai Courts Achieve Unprecedented Digital Milestones in Notary Transactions in the First Half of 2024

The Dubai Courts, represented by the Notary Public Department, have successfully delivered outstanding digital services to its clients in the first half of 2024. Such an achievement has significantly enhanced customer satisfaction and happiness. The initiative is part of their strategy to ensure...

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Culture & Education | Friday 19 July, 2024 12:23 am

Farnek wins security contracts worth over AED 25 million

Leading UAE-based smart and green facilities management (FM) company Farnek has secured a raft of new security contracts, valued at more than AED 25 million, with technology playing a key role in its successful market proposition.  Farnek is currently mobilising an additional 400 guards...

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