Business & Money | Thursday 12 September, 2024 9:34 am

Riyadh to Host Global PropTech Summit in October

The Real Estate General Authority (REGA) will host the inaugural Global PropTech Summit in Riyadh in October. The event will be held under the patronage of Minister of Municipalities and Housing and REGA Board of Directors Chairman Majed Al-Hogail. The National Housing Company (NHC) will serve as a ...

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Business & Money | Monday 21 October, 2024 3:57 pm

Nutanix Unveils New Office in Riyadh, Symbolizing Growth and Commitment to Saudi Arabia’s Digital Transformation

 Nutanix (NASDAQ:NTNX), a leader in hybrid multicloud computing, proudly announces the opening of its new, state-of-the-art office in Riyadh. Situated on the iconic King Fahd Road at Tuwaiq Gate, this expansion highlights Nutanix’s continued growth and unwavering commitment to Saudi...

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Business & Money | Monday 21 October, 2024 3:55 pm

Axis Communications expands Middle East presence with new office and Axis Experience Centre in Saudi Arabia

Axis Communications, the global leader in security and network surveillance technologies, celebrated the grand opening of the company’s new office and Axis Experience Center in Saudi Arabia, solidifying its presence in the kingdom and reaffirming its commitment to sharing new ideas and fostering...

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Tourism & Hospitality | Monday 21 October, 2024 11:14 am

DoubleTree by Hilton Dubai M Square Hotel & Residences Hosts Successful Underwater and Shoreline Cleanup in Celebration of Hilton’s Travel with Purpose Week

As part of Hilton’s ongoing commitment to sustainability and its Travel with Purpose Week celebration, DoubleTree by Hilton Dubai M Square Hotel & Residences proudly partnered with Dubai Municipality and the Filipino Scuba Divers Club for a significant environmental initiative. The hotel team ...

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Business & Money | Monday 21 October, 2024 10:06 am

CBUAE advances cross-border open finance interoperability with 'Project Aperta'

The Central Bank of the UAE (CBUAE) announced its collaboration on a significant initiative titled ‘Project Aperta’ that aims to connect open finance infrastructures of multiple jurisdictions to advance the UAE’s cross-border interoperability for financial institutions and businesses through...

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Business & Money | Monday 21 October, 2024 10:01 am

Moro Hub becomes new VMware Cloud service provider

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority, today announced the company is now a VMware Cloud Service Provider (VCSP) and a Pinnacle tier partner in the Broadcom Advantage Partner Programme for the UAE market to help enterprise customers to...

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Business & Money | Monday 21 October, 2024 9:59 am

Mohamed Al Hussaini, Azerbaijan's finance minister discuss financial cooperation

Mohamed Hadi Al Hussaini, Minister of State for Financial Affairs, met with Samir Sharifov, Minister of Finance of the Republic of Azerbaijan, at the Ministry of Finance's (MoF) office in Dubai to discuss enhancing cooperation in the financial sector and other areas of mutual interest. The...

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Business & Money | Monday 21 October, 2024 9:57 am

Amna Al Dahak champions green growth, international collaboration during four-day visit to Korea

Dr. Amna bint Abdullah Al Dahak Al Shamsi, Minister of Climate Change and the Environment, concluded a successful visit to the Republic of Korea from 16th-19th October, 2024, leading a delegation of officials from the UAE. The visit underscored the UAE's commitment to advancing global green...

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Business & Money | Monday 21 October, 2024 9:53 am

Osool & Bakheet renews SAR 50M Shariah-compliant loan with BSF

Osool & Bakheet Investment Co. renewed a SAR 50 million Shariah-compliant loan agreement with Banque Saudi Fransi (BSF), according to a statement to Tadawul. The credit facility, which was secured on Aug. 7, 2024, with a maturity date on Aug. 6, 2025, was guaranteed by a promissory note...

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Business & Money | Monday 21 October, 2024 9:52 am

Neft Alsharq signs SAR 2.6M contract to supply goods

Neft Alsharq Company for Chemical Industries signed a contract with the First Circle Capital Co. to supply engine oils to an African country for $685,200 (or SAR 2.57 million). The company said in a statement on Tadawul that the 60-day contract started from the signing date, indicating...

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Business & Money | Monday 21 October, 2024 9:43 am

View inks SAR 17.83M credit facility agreement with Al Rajhi Bank

View United Real Estate Development Co. signed a Shariah-compliant credit facility agreement with Al Rajhi Bank at SAR 17.83 million, according to a statement to Tadawul. The 24-month credit facility term will be utilized to finance 66% of the cost of land purchased in Al-Nargis district,...

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