Business & Money | Tuesday 20 August, 2024 10:39 am

‘Dubai Business Forum – China’ kicks off tomorrow in Beijing

The Dubai Business Forum – China will kick off on Wednesday, showcasing the diverse investment opportunities available in the emirate and attracting multinational companies, unicorns, and fast-growing startups from China to Dubai. The two-day forum, organised by the Dubai Chamber, aims to...

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Business & Money | Tuesday 20 August, 2024 10:36 am

Al-Modawat board approves new subsidiary setup

Al-Modawat Specialized Medical Co.’s board of directors approved on Aug. 19 establishing a new 100% owned limited liability Co. in Egypt for investment in the medical industry, according to a statement to Tadawul. This will occur after fulfilling the regulatory requirements and obtaining the ...

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Business & Money | Tuesday 20 August, 2024 10:34 am

Red Sea subsidiary inks SAR 167.8M contract

Red Sea International Co.'s subsidiary, The Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed on Aug. 19, a contract worth SAR 167.78 million (VAT inclusive) with Modern Building Leaders Co. (MBL), according to a Tadawul statement. Under the three-year contract, the...

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Business & Money | Tuesday 20 August, 2024 10:29 am

Al Jouf Cement secures SAR 150M facilities from Al Rajhi Bank

Al Jouf Cement Co. obtained Shariah-compliant banking facilities from Al Rajhi Bank worth SAR 150 million. In a statement to Tadawul, the cement producer said that the financing period is eight years including a one-year grace period. The company provided a promissory note and mortgaged a part ...

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Business & Money | Tuesday 20 August, 2024 10:24 am

ADNEC Group gears up for its busiest H2 season of 2024 with a diverse line-up of high-profile events

ADNEC Group is gearing up for a highly busy and exciting event season for the remainder of H2 in 2024, as it prepares to host 205 high-profile events across various sectors and industries, a 16 percent increase compared to the same period in 2023. Notably, ADNEC Group has experienced a...

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Business & Money | Tuesday 20 August, 2024 10:22 am

Automechanika Dubai Awards to set the standard for innovation in the MEA automotive aftermarket

 Automechanika Dubai, the leading event for the automotive aftermarket industry, has announced the opening of the 2024 Automechanika Dubai Awards. This prestigious event honours outstanding achievements and innovations in the automotive aftermarket and service industry for the fourth...

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Business & Money | Tuesday 20 August, 2024 10:19 am

Abu Dhabi Airports, Groupe ADP extend partnership to enhance advanced air mobility infrastructure in emirate

Abu Dhabi Airports and Groupe ADP have extended their partnership to develop Advanced Air Mobility (AAM) infrastructure in the emirate. The partnership extension will focus on the operation of ground infrastructure for AAM services in Abu Dhabi. Building on the agreement signed at the Abu...

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Sports | Tuesday 20 August, 2024 10:06 am

Team Falcons celebrate Esports World Cup Club Championship success, as Team Liquid ride high in second spot

 The penultimate weekend of the Esports World Cup in Riyadh saw Team Falcons clinch overall Club Championship gold, while victory for Team Liquid in StarCraft II on Sunday extended their advantage in second spot.  Saudi Arabian club Team Falcons now have an unassailable total of...

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Business & Money | Tuesday 20 August, 2024 10:02 am

Athar Festival 2024 to Spotlight and Nurture Saudi Arabia’s Most Valuable Asset and Greatest Wealth – Its Youth

During a press conference held today, Athar - Saudi Festival of Creativity, the Kingdom's largest gathering of the creative marketing industry, unveiled a comprehensive lineup of speakers and initiatives for its upcoming second edition. The announcement made by Motivate Media Group and TRACCS, in...

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Business & Money | Tuesday 20 August, 2024 9:47 am

Digital Sharjah Platform Processes More Than 952,000 Transactions with a Value of Over AED 41.5 million

Since its launch in 2021, the ‘Digital Sharjah’ platform, by the Sharjah Digital Department (SDD), has processed more than 952,000 transactions with a value of over AED 41.5 million, attracting over 95,000 users. SDD continues to enhance digital life in the emirate with its projects and...

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