Business & Money | Monday 6 January, 2025 9:43 am

NWC started implementing water projects in Makkah at SR +1.6b

The National Water Company (NWC), represented by the Western Cluster, announced that it has started implementing water supply projects in the holy city of Makkah at a cost of more than 1.6 billion Saudi Riyals. These projects are part of NWC’s strategies to develop the infrastructure of the water ...

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Business & Money | Monday 6 January, 2025 7:09 am

NDMC arranges $2.5B revolving credit facility to fund general budget needs

The National Debt Management Center (NDMC) arranged a $2.5 billion (SAR 9.4 billion) Shariah-compliant revolving credit facility to finance the general budget needs. The facility, spanning three years, involved the participation of three regional and international financial...

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Business & Money | Sunday 5 January, 2025 2:16 pm

Ericsson announces new Customer Unit Saudi Arabia under the leadership of Håkan Cervell

Ericsson (NASDAQ: ERIC) has announced a new organizational structure for its operations in the Middle East and Africa (MMEA) region, effective January 1, 2025. As part of this transformation, the Saudi Arabia market will be served under a newly established Customer Unit (CU), led by Håkan Cervell, ...

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Business & Money | Sunday 5 January, 2025 12:30 pm

Hind bint Maktoum launches ‘Sheikha Hind bint Maktoum Family Programme’

H.H. Sheikha Hind bint Maktoum bin Juma Al Maktoum, wife of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has launched the ‘Sheikha Hind bint Maktoum Family Programme’. The programme aims to support the growth, stability and...

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Business & Money | Sunday 5 January, 2025 11:02 am

Economic growth, rise of AI driving dynamic labour market in UAE

The UAE’s job market has solidified its position as a global destination for professionals seeking opportunities across various sectors. This achievement is attributed to the country’s thriving and diversified national economy, supported by an investment-friendly environment that enhances its...

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Business & Money | Sunday 5 January, 2025 10:52 am

Emirates first 'Airbus A350' enters commercial service

Emirates marked a significant milestone on Friday as its first Airbus A350 entered commercial service, operating its inaugural flight from Dubai to Edinburgh. The aircraft, featuring Emirates' latest cabin products, is the first of 65 A350s joining the airline's fleet over the coming...

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Business & Money | Sunday 5 January, 2025 10:46 am

HONOR Launches "HONOR Care Season" Service Campaign This January

Global technology brand HONOR is excited to announce its “HONOR Care Season” campaign, running from 1st to 31st January 2025. As part of HONOR’s continuing commitment to providing the best support and service, this campaign will offer exclusive benefits to customers across the Kingdom of...

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Business & Money | Sunday 5 January, 2025 10:38 am

Riyadh hosts the third edition of the "Saudi Tourism Forum"

The capital of the Kingdom, Riyadh, is all set to host the third edition of the Saudi Tourism Forum, which will take place from January 7 to 9, 2025, at the Riyadh Front, in partnership with the Ministry of Tourism, the Saudi Tourism Authority, and the Tourism Development Fund. This edition, held...

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Business & Money | Sunday 5 January, 2025 10:13 am

Royal Commission for Riyadh City to roll out Orange Line of Riyadh Metro

The Royal Commission for Riyadh City (RCRC) has  announced that the Orange Line (Al Madinah Al Munawwarah Axis) will begin  operating , Sunday, 5 January 2025. The line stretches from east to west,  with its stations spanning from Jeddah Road to the Second Eastern Ring Road, ...

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Business & Money | Sunday 5 January, 2025 9:51 am

The Department of Community Development - Abu Dhabi issues licenses to 8 non-profit organizations, bringing total number in the emirate to 99

The Department of Community Development in Abu Dhabi, the regulatory authority for the social sector in the emirate, announced the issuance of eight new licenses for non-profit organizations this year. This brings the total number of licensed non-profit organizations in the emirate to 99 by...

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