Business & Money | Wednesday 3 January, 2024 8:26 am

Housing rents to be paid only via digital channels starting Jan. 15: REGA

The Real Estate General Authority (REGA) announced that financial transactions related to rent payments will be carried out only via the rental services e-network (Ejar) as of Jan. 15, according to the Saudi Press Agency.   REGA said that the move covers all new...

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Business & Money | Tuesday 2 January, 2024 1:51 pm

Dulsco People, Assured Aviation Services Collaboration Sets New Standards for Airport Ground Service Equipment and Environmental Responsibility

Dubai-based Dulsco Group, a leader in People Solutions, Environmental Solutions, Talent Solutions, and Energy Recruitment Solutions, announces its partnership with Assured Aviation Services, a pioneer in providing dry washing services tailored for aircraft and airport ground service equipment. This ...

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Business & Money | Tuesday 2 January, 2024 11:59 am

MoHRE begins implementing Emiratisation targets on over 12,000 private companies with 20-49 employees

The Ministry of Human Resources and Emiratisation (MoHRE) has started implementing the Cabinet Decision to expand the scope of companies subject to Emiratisation targets, where more than 12,000 companies with 20-49 employees, are required to hire at least one UAE citizen in 2024 and another one in...

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Business & Money | Tuesday 2 January, 2024 11:58 am

UAE enters 2024 with unwavering determination to extend principles of peace

Under the directives of its wise leadership, the United Arab Emirates enters 2024 with resolute determination to extend the principles of peace, stability, and prosperity in the region and beyond by continuing to strengthen partnerships, enhance multilateral cooperation and foster meaningful...

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Business & Money | Tuesday 2 January, 2024 1:44 am

Here are key Saudi economic events in 2023

The Saudi economy witnessed several major events during 2023, the most prominent of which is hosting Expo 2030 and World Cup 2034, and opening Lucid’s first electric vehicle (EV) factory in the Kingdom.   Moreover, Crown Prince Mohammed bin Salman announced a number of projects,...

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Business & Money | Monday 1 January, 2024 4:38 pm

PIF top sovereign investor in 2023: SWFI

The Public Investment Fund (PIF) is the world’s most active sovereign wealth fund in terms of investments in 2023. The fund invested $31.6 billion last year, a rise of 33%, compared to $20.7 billion in 2022, according to the Sovereign Wealth Fund Institute (SWFI). PIF invested ...

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Business & Money | Monday 1 January, 2024 9:57 am

Lieutenant General Dr. Sheikh Mohamed Bin Abdullah chairs BRCS Board Meeting

His Excellency Lieutenant General Doctor Sheikh Mohamed Bin Abdullah Al Khalifa, Chairman of the Board of Directors of the Bahrain Red Crescent Society (BRCS), chaired the work of the regular meeting of the Board of Directors of the Society, in the presence of Mr. Ali bin Mohammed Murad, First Vice ...

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Business & Money | Monday 1 January, 2024 9:30 am

1 Billion Followers Summit to gather over 100 Industry giants and top CEOs

The 1 Billion Followers Summit, organised by New Media Academy, has revealed an elite roster of CEOs and trailblazers in creative industries, digital media, investment, finance, business, and entrepreneurship, leading a series of illuminating sessions, workshops, talks and keynotes during the...

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Business & Money | Monday 1 January, 2024 9:15 am

BIM VENTURES launches SKYNA Private aviation platform

BIM Ventures, the Saudi Venture Studio announced the inauguration of SKYNA the Saudi Private Aviation Platform.   The SKYNA platform offers its clients a wide range of premium private aircraft options. The platform ensures a secure, reliable, and user-friendly chartering process to...

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Business & Money | Monday 1 January, 2024 9:07 am

National Building sets up Arab Steel Company

National Building and Marketing Co. announced today, Dec. 31, establishing Arab Steel Trade Co. for Scrap Recycling, a closed joint stock sole-proprietorship company, after obtaining the necessary approvals and licenses from the relevant authorities. Headquartered in Riyadh, National...

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