Business & Money | Sunday 3 March, 2024 9:23 am

Over 230 global companies have confirmed so far to participate in the ninth edition of the Paper & Tissue One Show

Over 230 global companies have confirmed so far to participate in the ninth edition of the Paper & Tissue One Show, organized by Al Furat Fair Organization for exhibitions and conferences at the Abu Dhabi National Exhibition Centre (ADNEC) for three days from April 16 to 18, under the...

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Business & Money | Sunday 3 March, 2024 9:14 am

MBRSC CELEBRATES 18TH ANNIVERSARY WITH GALA CEREMONY AT MUSEUM OF THE FUTURE

The Mohammed Bin Rashid Space Centre (MBRSC) celebrated its 18th anniversary with a gala ceremony held at the Museum of the Future, in the presence of the Centre’s employees, including the leadership team, engineers and astronauts. The event began with an opening address by H.E. Salem Humaid ...

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Business & Money | Sunday 3 March, 2024 9:08 am

Mastercard partners with Loop to launch innovative payment solutions in Saudi Arabia

Mastercard has partnered with Loop, a leading digital payments technology company licensed by SAMA, to empower businesses and consumers across the Kingdom with greater access to advanced credit card offerings and innovative payment solutions. The partnership will see Loop expand its portfolio, ...

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Business & Money | Sunday 3 March, 2024 9:06 am

Park Avenue III by Azizi Developments reaches 95% construction completion

Azizi Developments, a leading private developer in the UAE, is announcing the 95% construction completion of Park Avenue lll, part of the prestigious Park Avenue project in the highly sought-after MBR City. Scheduled for a Q1 2024 completion, the project comprises 372 homes and 29 retail units ...

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Business & Money | Saturday 2 March, 2024 1:26 am

Enhancing fair trade practices important for economic opportunities in developing countries

Minister of Finance, Mohammed Al-Jadaan, said that enhancing fair trade practices is important for increasing economic opportunities in developing countries. He also emphasized the need to continue implementing the common framework for debt treatment.   In the first G20 Finance...

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Business & Money | Saturday 2 March, 2024 1:22 am

SAMA Governor says monetary policies should ensure price stability

Ayman Al-Sayari, Governor of Saudi Central Bank (SAMA) said that monetary policies should ensure price stability and be ready for immediate action to address economic changes.   He added that a stable financial sector is capable of efficiently converting savings into investments,...

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Business & Money | Saturday 2 March, 2024 1:19 am

Saudi Arabia to build food industrial clusters in Jazan, use Made in Saudi label on Lucid cars

Saudi Arabia will build food industrial clusters in Jazan, mining industrial clusters in Ras Al-Khair, automotive industrial clusters in Jeddah, and chemicals clusters in Yanbu, Al-Eqtisadiah newspaper reported, citing Bandar Alkhorayef, Minister of Industry and Mineral...

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Business & Money | Saturday 2 March, 2024 1:17 am

Aramco completes acquisition of Esmax

Saudi Aramco successfully completed the acquisition of a 100% equity stake in Esmax Distribución SpA (Esmax), a leading diversified downstream fuels and lubricants retailer in Chile.   Esmax has a national presence that includes retail fuel stations, airport operations, fuel...

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Business & Money | Friday 1 March, 2024 4:15 pm

ThinkMarkets Bolsters MENA Presence by Acquiring DFSA Licence

ThinkMarkets, the leading multi-asset trading provider, has expanded its presence in the Middle East and North Africa (MENA) region with the recent regulatory approval for a licence from the Dubai Financial Services Authority (DFSA). This new licence allows ThinkMarkets to onboard clients in the...

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Business & Money | Friday 1 March, 2024 7:03 am

Masdar finalises joint investment in 3GW UK Offshore Wind Project

Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has completed its acquisition of a 49 percent shareholding in the 3 gigawatt (GW) Dogger Bank South (DBS) project – one of the world’s largest planned offshore wind farms. The planned £11 billion joint...

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