Business & Money | Thursday 28 November, 2024 4:44 pm

RIBA strengthens Gulf presence and partnerships

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...

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Business & Money | Monday 23 December, 2024 10:34 am

IDEX and NAVDEX 2025 launch on February 17 under UAE President's patronage

Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Supreme Commander of the Armed Forces, ADNEC Group, in strategic partnership with the Ministry of Defence, will be organising the International Defence Exhibition (IDEX) and the Naval Defence Exhibition...

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Business & Money | Monday 23 December, 2024 10:31 am

ADNOC Drilling’s two brand new jack-ups rigs arrive in UAE

ADNOC Drilling’s two brand new jack-ups rigs have arrived in the UAE and will start operating by Q1. This takes the fleet size to 142 rigs, adding further to ADNOC Drilling being among the largest rig fleet owners in the world. The new rigs top off a superlative year for ADNOC Drilling and a ...

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Business & Money | Monday 23 December, 2024 10:27 am

'Economic Content Creators’ programme caps first week

The Dubai Press Club marked the successful completion of the first week of the ‘Economic Content Creators’ programme, organised with the support of the UAE Ministry of Economy. The event, which heralds the initial phase of the Dubai Content Creators Programme, was attended by a group of...

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Business & Money | Monday 23 December, 2024 10:26 am

Expo Centre Sharjah sets record with 80 exhibitions, 3 million visitors in 2024

Expo Centre Sharjah continues its journey of achievements, cementing the emirate’s status as a leading regional and global hub for exhibitions and conferences. It further strengthens the exhibition industry’s role as a key driver of economic diversification and sustainable growth in Sharjah and ...

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Business & Money | Monday 23 December, 2024 10:23 am

Launch of Winter National Awareness Campaign for Safety and Security at Fuel Stations

The Joint Committee for Safety and Security at Fuel Stations announced the kickstart of the Winter National Awareness Campaign for Safety and Security at Fuel Stations, coinciding with the holidays and camping season. Running from 23rd December 2024, until 23rd January 2025, the campaign aims...

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Business & Money | Monday 23 December, 2024 10:17 am

MEDGULF inks contract with SEC at over 40% of 2023 revenue

The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) was awarded a one-year contract, on Dec. 22, from the Saudi Electricity Co. (SEC) to provide health insurance coverage for SEC employees. The value of the contract exceeds 40% of revenue as per the latest audited financial...

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Business & Money | Monday 23 December, 2024 10:14 am

Savola to repurchase additional SAR 81M sukuk

Savola Group announced today, Dec. 22, its plan to buy back an additional SAR 81 million worth of sukuk from its SAR 1 billion issuance in 2019, maturing in 2026. In a statement to Tadawul, the company said this would increase the total redeemed sukuk to 94% of the SAR 1 billion initially...

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Business & Money | Monday 23 December, 2024 10:12 am

Banan board approves 23% stake purchase in Qimam for SAR 16.3M

Banan Real Estate Co. and its subsidiary, Al-Aziza Real Estate Development and Investment Co., secured board approval to acquire stakes in Qimam Noshoz Real Estate Development Co., a simplified joint-stock company. The transaction will be financed using a mix of the company's and subsidiary's...

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Business & Money | Monday 23 December, 2024 9:56 am

Dubai Customs gears up to welcome over 5.2M travelers at DXB Airport this holiday season

Dubai Customs has announced comprehensive preparations to ensure smooth travel experiences for passengers arriving in the UAE via Dubai International Airport, as the winter season and New Year holiday approach. With over 5.2 million travelers expected between December 13 and 31, Dubai Customs is...

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Business & Money | Monday 23 December, 2024 9:49 am

The Department of Finance in Ajman Recognises the Top 10 Suppliers of the Ajman Government for 2024

 The Department of Finance in Ajman honoured the top 10 suppliers for 2024 in recognition of their continuous cooperation and support for local government entities. This honour acknowledges their active role in supporting the Department’s efforts to enhance the government’s financial...

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