Business & Money | Wednesday 21 February, 2024 5:46 pm

Olaplex X Eideal Relaunch in the United Arab Emirates

Dubai, UAE –  EIDEAL, the esteemed distributor of OLAPLEX in the MENA region, has proudly unveiled a groundbreaking collaboration aimed at reintroducing the iconic Original Build-bonding brand. This partnership marks a significant milestone in elevating hair care standards throughout the...

More Details

Business & Money | Wednesday 21 February, 2024 3:12 pm

Exceptional experiences await customers as leading retailer BTC Fashion partners with MarTech innovator WebEngage

BTC Fashion, the retail arm of the Business Trading Company (BTC) and the promoter of world-renowned brands such as Matalan, Miniso, Superdry and Balabala in GCC and Levant regions, has partnered with leading marketing technology (MarTech) company WebEngage to engage its vast customer base with...

More Details

Business & Money | Wednesday 21 February, 2024 10:37 am

DAMAC and Vodafone Invest $100 Million in New Data Centre

In line with its global strategy of forging strategic partnerships with leading companies worldwide, EDGNEX Data Centres by DAMAC, a leading provider of digital infrastructure, has announced the establishment of a joint venture company with Vodafone to build a cutting-edge data centre in...

More Details

Business & Money | Wednesday 21 February, 2024 9:43 am

FedEx Invests USD 350 million in New State-of-the-Art Air and Ground Regional Hub

FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, is expanding its footprint in the Middle East with its new Middle East, Indian Subcontinent and Africa (MEISA) state-of-the-art hub at Dubai World Central (DWC) Airport in Dubai...

More Details

Business & Money | Wednesday 21 February, 2024 9:19 am

Commercial Bank International adopts Bloomberg MARS as primary risk management system

Bloomberg announced today that Commercial Bank International (CBI), a leading national bank in the UAE, has adopted Bloomberg’s Multi-Asset Risk System (MARS) modules for Counterparty Risk, Market Risk and Valuation. CBI previously adopted MARS Front Office to aid its LIBOR transition and...

More Details

Business & Money | Wednesday 21 February, 2024 9:13 am

Arcapita and RIKAZ to develop world class logistics park in Riyadh

Arcapita Group Holdings Limited (“Arcapita" or "the Firm"), the global alternative asset manager, and RIKAZ, a prominent large-scale real estate developer in Saudi Arabia, today announced a partnership to collaborate on the development of a logistics park called “The Node” in Riyadh, which is ...

More Details

Business & Money | Wednesday 21 February, 2024 9:07 am

Soudah Development awards project management consultancy contract to Parsons

Soudah Development, a Public Investment Fund real estate development company, signed a contract today with Parsons Corporation (NYSE: PSN), in exchange of providing project management consultancy services for the development of Soudah Peaks Soudah Peaks, an upcoming year-round luxury mountain...

More Details

Business & Money | Wednesday 21 February, 2024 9:06 am

NHC signs 6 agreement to develop 3,800 residential units in Riyadh

National Housing Co. (NHC) signed six agreements with real estate developers at a total value of more than SAR 2 billion to develop and build over 3,800 residential units.   According to NHC, the price of these units starts from SAR 475,000 in Al-Assalah Community, in the southwest...

More Details

Business & Money | Wednesday 21 February, 2024 9:04 am

Saudi market draws SAR 400B foreign investments: El-Kuwaiz

The Saudi stock market drew foreign investments of nearly SAR 400 billion, said Chairman of the Capital Market Authority (CMA) Mohammed El-Kuwaiz.   In a panel discussion at the Saudi Capital Market Forum (SCMF) 2024, El-Kuwaiz said this figure represents nearly 12% of ...

More Details

Business & Money | Tuesday 20 February, 2024 3:10 pm

SLS Expo to Unveil Cutting-Edge Tech & Futuristic Innovations in Gen Z Engagement

Recent findings from a pivotal advisory board meeting, hosted by dmg events, the premier international organizer of events in the Kingdom of Saudi Arabia, have illuminated a path of transformation for the nation's events sector. The meeting, convened in Riyadh, brought together luminaries from...

More Details