Business & Money | Friday 23 August, 2024 10:38 am

SIF 2024 opens registration for 'Investors’ Lounge' to build business-investor partnerships

The Sharjah FDI Office (Invest in Sharjah) has officially opened registration for their “Investors’ Lounge”, a premier feature of the 7th Sharjah Investment Forum (SIF) scheduled for 18-19 September at the Jawaher Reception and Convention Centre. This exclusive initiative is designed to...

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Business & Money | Friday 23 August, 2024 10:35 am

Saudi Arabia’s non-oil exports up by 10.5% in Q2 2024

Saudi Arabia's non-oil exports increased by 10.5 per cent during the second quarter of 2024, compared to the second quarter of 2023, the General Authority for Statistics (GAS) announced. The International Trade Bulletin for the second quarter of 2024, according to the Saudi Press Agency (SPA), ...

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Business & Money | Friday 23 August, 2024 10:34 am

Invest Bank partners with Network International to enhance its digital payments offering

Network International, a digital payments company, and Sharjah-based Invest Bank have joined hands to extend Network’s digital payment services to the bank’s corporate customers. The collaboration will enable Invest Bank to extend Network’s merchant acquiring, card acceptance and...

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Business & Money | Friday 23 August, 2024 10:32 am

DEWA’s R&D Centre develops digital first approach for condition assessment of critical assets

Dubai Electricity and Water Authority (DEWA)’s Research and Development (R&D) Centre has developed a digital-first approach to assess the condition of critical assets, such as power transformers and overhead lines (OHL). The deployed approach does not require sensors on site or...

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Business & Money | Friday 23 August, 2024 10:30 am

UAE economy thrives on favourable investment environment, Ambassador tells Dubai Business Forum – China

Hussain bin Ibrahim Al Hammadi, the UAE Ambassador to the People's Republic of China, has said that the UAE is China's leading non-oil trading partner in the Middle East and North Africa, with bilateral trade reaching $80.6 billion in 2023. “Since diplomatic relations began in 1984, non-oil...

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Business & Money | Friday 23 August, 2024 10:28 am

UAE joins final UN Secretary-General’s Critical Energy Transition Minerals panel in Kenya

Abdulla Balalaa, Assistant Minister of Foreign Affairs for Energy and Sustainability, participated at the United Nation’s Critical Energy Transition Minerals (CETM) Panel held in Nairobi, Kenya, alongside government representatives, experts, and organisations. The UN CETM Panel exchanged...

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Business & Money | Friday 23 August, 2024 10:23 am

du organizes an open day to recruit new graduates in “Future X”

 du, from Emirates Integrated Telecommunications Company (EITC), is set to launch an Open Day for Future X, its graduate trainee program. Scheduled for August 27 at Umm Suqeim Majlis, the event is dedicated to Emirati fresh graduates across all fields, offering them a unique platform to...

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Business & Money | Friday 23 August, 2024 10:18 am

Intersec 2025 to address UAE’s unified approach to cybersecurity

 Intersec 2025, the world's number one event mapping the future of safety, security, and fire protection, will return to the Dubai World Trade Centre from 14 to 16 January 2025, with an enhanced focus on Cyber Security.  In its 26th edition, Intersec 2025 will spotlight...

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Business & Money | Friday 23 August, 2024 10:17 am

Almunajem completes 23% acquisition of Balady for SAR 181.3M

Almunajem Foods Co. completed the purchase of 1.51 million shares (a 23% stake) of Balady Poultry Trading Co. through negotiated deals at SAR 120 per share, valued at SAR 181.33 million. Accordingly, Almunajem’s ownership in Balady Poultry rose to 40%, the company said in a statement to...

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Business & Money | Friday 23 August, 2024 10:14 am

Elm renews SAR 500M credit facility deal with Al Rajhi Bank

Elm Co. renewed a Shariah-compliant credit facility deal worth SAR 500 million with Al Rajhi Bank, according to a statement to Tadawul today, Aug. 22. The 12-month facilities are secured by a promissory note at the full amount of the financing. The funds will be used to finance working...

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