Business & Money | Wednesday 7 February, 2024 2:08 pm

NWC completes pumping reinforcement system in south and west Riyadh with 1m m3 capacity at a +683m SR

The National Water Company (NWC) announced the enhancement of the water pumping system in the west and south districts of Riyadh. The planned capacity is one million cubic meters at a cost of more than 683 million Saudi Riyals. The project will serve more than one million beneficiaries under...

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Business & Money | Wednesday 7 February, 2024 2:07 pm

Ministry of Defense and Saudia Private Collaborate to Enhance Air Force Support Services

The Ministry of Defense and Saudia Private, a strategic business unit of Saudia Group, have signed an agreement aimed at bolstering air and logistical support services for a variety of Air Force aircraft. The signing ceremony took place during the World Defense Show 2024 in...

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Business & Money | Wednesday 7 February, 2024 12:31 pm

“Ports, Customs and Free Zone” earns the “Great Place To Work” certification

The Ports, Customs, and Free Zone Corporation (PCFC) has been awarded the "Great Place To Work Certification" by the "Great Place to Work" organization. This recognition stems from a thorough and independent analysis of employee opinions regarding the work environment. Approximately 90%...

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Business & Money | Wednesday 7 February, 2024 12:09 pm

Government of the Republic of Guinea announces groundbreaking Round Table of Donors event in Dubai

The Government of the Republic of Guinea, through the Ministry of Planning and International Cooperation, has announced a Round Table of Donors (RTD) event. Scheduled for February 15 and 16, 2024, in Dubai, United Arab Emirates, this event is a pivotal part of the Interim Reference Program...

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Business & Money | Wednesday 7 February, 2024 11:54 am

Asteco 2023 Q4 Report: UAE Real Estate Market Surges Amid Global Uncertainties

According to the Asteco 2023 Q4 real estate report, the UAE market witnessed unprecedented growth during 2023 despite the various global challenges. The report anticipates continued positive trajectory over 2024. Key strategic initiatives, including the UAE Tourism Strategy 2031 and 'We the UAE...

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Business & Money | Wednesday 7 February, 2024 11:42 am

Bahri Logistics and GDC Middle East Sign MoU Paving the Way for Strategic Partnership

Bahri Logistics, a business unit of Bahri, the national shipping company of Saudi Arabia and a global leader in shipping and logistics, has signed a Memorandum of Understanding (MoU) with GDC Middle East, a Saudi Public Investment Fund (PIF) company specializing in aerospace engineering, system...

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Business & Money | Wednesday 7 February, 2024 9:18 am

SCAI Partners with Alphaiota to Launch Groundbreaking AI Healthcare Projects at Local and Regional Levels

Alphaiota and the Saudi Company for Artificial Intelligence (SCAI), a company wholly owned by the Public Investment Fund (PIF) specializing in artificial intelligence and healthcare technology, have announced the signing of a cooperative agreement. The agreement was finalized on the sidelines of...

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Business & Money | Tuesday 6 February, 2024 2:19 pm

UAE Banks Federation organises 'Cyber Wargaming 2024'

Under the supervision of Central Bank of the UAE and the UAE Government's Cyber Security Council, UAE Banks Federation (UBF), the sole representative and unified voice of UAE banks, organised the third edition of the "Cyber Wargaming 2024" as part of its efforts and initiatives to develop the...

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Business & Money | Tuesday 6 February, 2024 1:59 pm

PIF Private Sector Forum continues to increase Saudi private sector’s role in PIF contracts

The 2024 PIF Private Sector Forum began on Tuesday at the King Abdulaziz International Convention Center in Riyadh, organized by the Public Investment Fund (PIF) to run through February 6-7, 2024, with the aim to strengthen partnership and showcase opportunities for local cooperation in strategic...

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Business & Money | Tuesday 6 February, 2024 11:33 am

MAG APPOINTS CECEP TECHAND MIDDLE EAST FOR THE CONSTRUCTION OF THE ‘RITZ-CARLTON RESIDENCES, DUBAI, CREEKSIDE’

MAG, one of the leading real estate developers in the UAE, has announced the appointment of CECEP Techand Middle East for the construction of ‘The Ritz-Carlton Residences, Dubai, Creekside’ part of the Keturah Resort, which combines luxury and wellness. The construction value of the project is...

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