Business & Money | Monday 22 July, 2024 8:58 am

Azizi Developments partners with Spain’s Atec Pools for Azizi Venice and Riviera

Azizi Developments, a leading private developer in the UAE, has signed an agreement with Atec Pools, the top swimming pool construction and maintenance company, for the supply of high-end swimming pool equipment for its mixed-use development, Azizi Venice, in Dubai South, and the fourth phase of...

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Business & Money | Monday 22 July, 2024 8:55 am

Aramco awards Engineering and Project Management agreement to Dar

Dar Al-Handasah Consultants, (Shair and Partners), a Sidara Company, under an amendment to an existing framework agreement, will provide consultancy services, including engineering, design, project management, and multidisciplinary services for both existing and new infrastructure projects led by...

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Business & Money | Monday 22 July, 2024 8:51 am

Ladun subsidiary wins SAR 120.6M project with Jazan City

Ladun Investment Co.’s subsidiary, Built Industrial Co., was awarded a SAR 120.57 million (including VAT) project by Jazan City for Primary & Downstream Industries, according to a statement to Tadawul. The project includes executing all the necessary work to construct buildings and...

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Business & Money | Sunday 21 July, 2024 10:53 am

PIF offers to up stake in Selfridges to 50%: Report

The Public Investment Fund (PIF) has made an offer to raise its stake in Selfridges to 50%, according to documents seen by Bloomberg News.The Kingdom’s sovereign wealth fund already owns a 10% share in the Selfridges properties and has offered to buy the remaining 40% stake for a cash price...

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Tourism & Hospitality | Sunday 21 July, 2024 10:51 am

Emirates reports no impact on flight operations amid global IT disruption

An Emirates spokesperson confirmed that there has been no impact on Emirates’ flight operations. In a statement on Friday, the spokesperson said, “We are aware of the global IT disruption and are monitoring the situation closely. At this time, there has been no impact on Emirates’ flight ...

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Business & Money | Sunday 21 July, 2024 10:42 am

Alandalus constructs commercial center in Makkah for SAR 831 million including land value

Alandalus Property Co. began construction of a qualitative commercial center in Makkah, at a total estimated cost of SAR 831 million including the value of land. In a statement to Tadawul, the company said that the project will be financed mainly by bank loans through the project company, and...

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Technology & IT | Sunday 21 July, 2024 10:41 am

HONOR Launches Snapchat Lens to Showcase Mesmerizing Portrait Photography of HONOR 200 Series

Explore the innovative 50MP Triple Studio-level AI Portrait Camera and AI Portrait features of the HONOR 200 Series through an immersive Snapchat experience and exclusive pop-up events. Global technology brand HONOR is thrilled to announce the release of a custom Snapchat Lens for the launch...

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Business & Money | Sunday 21 July, 2024 10:37 am

Budget Saudi completes acquisition of AutoWorld

United International Transportation Co. (Budget Saudi) announced completing the acquisition of Al Jazira Equipment Co. (AutoWorld) through Aljozoor Alrasekha Trucking Co. (Rahaal), its wholly owned subsidiary, according to a statement to Tadawul.  Budget Saudi completed the...

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Tourism & Hospitality | Sunday 21 July, 2024 10:37 am

flydubai celebrates its third anniversary of operations to Salzburg

flydubai, the Dubai-based carrier, celebrated its third anniversary of operations to Salzburg, Austria. flydubai was the first national carrier in the UAE to operate direct flights between Dubai and Salzburg with its inaugural flight landing at Wolfgang Amadeus Mozart Airport (SZG) on 15th...

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Environment & Energy | Sunday 21 July, 2024 10:35 am

Masdar raises $1 billion through second Green Bond to fund new global renewables projects

Abu Dhabi Future Energy Company – Masdar, the UAE’s clean energy powerhouse, today announced it has successfully raised US$1 billion through its second green bond issuance, under its Green Finance Framework. The announcement comes one year after the company’s first successful issuance of ...

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