Business & Money | Tuesday 24 December, 2024 11:00 am

Real estate valuation in Ajman totals AED598 million in November 2024

The Department of Lands and Real Estate Regulation in Ajman announced that 173 real estate valuation transactions were recorded in November, totalling AED598 million and marking a significant increase of 88 percent compared to the same period last year. Omar bin Omair Al Muhairi,...

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Business & Money | Tuesday 24 December, 2024 10:58 am

Alef Group announces launch of Samr 2 in Hayyan

Alef Group, a real estate developer in Sharjah, has launched Samr 2, the latest addition to its Hayyan development. Building on the strong demand for previous neighborhoods, including Arim, Alma, and Samr 1, particularly for townhouses, this launch introduces a new selection of 2-, 3-, and...

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Business & Money | Tuesday 24 December, 2024 10:41 am

Shalfa wins SAR 162M contract with Presidency of State Security

Shalfa Facilities Management Co. was awarded today, Dec. 23, a contract by the Presidency of State Security worth nearly SAR 162 million (VAT inclusive), the company said in a statement to Tadawul. According to the company, the contract entails providing operation, maintenance and cleaning...

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Business & Money | Tuesday 24 December, 2024 10:38 am

PIF assets hit $925B

The Public Investment Fund (PIF) took the sixth position among the world’s largest sovereign wealth funds (SWFs), after its net assets amounted to $925 billion, recent data from the SWF Institute showed. PIF's assets declined by $15.26 billion from $940.26 billion by the end of...

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Business & Money | Tuesday 24 December, 2024 10:36 am

Jana Medical secures SAR 76.1M credit facility with Riyad Bank

Jana Medical Co. signed, on July 9, an Islamic financing agreement worth SAR 76.05 million with Riyad Bank, according to a statement to Tadawul today, Dec. 23. The financing is aimed to fund a project entailing the supply of 120 ambulances to government health authorities in coordination with...

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Business & Money | Tuesday 24 December, 2024 10:02 am

Estonia and the UAE Strengthen Cooperation and Innovation in Digital Health

 In a move reflecting its commitment to enhancing international cooperation, the Estonian Ministry of Social Affairs announced the signing of strategic partnerships with the United Arab Emirates aimed at exchanging expertise and developing innovative solutions in the digital health sector. The ...

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Business & Money | Tuesday 24 December, 2024 9:57 am

Survey Finds Technology Partners Predict Major Revenue Shift to AI, Citing Infrastructure, Cybersecurity, and Customer Experience as Key Drivers in the UAE

 Cisco, the worldwide leader in networking and security, released findings from its new Cisco Global AI Partners Study. The study, titled Bridging the Customer AI Readiness Gap – The opportunities ahead for partners, revealed that IT partners around the world are anticipating a...

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Business & Money | Tuesday 24 December, 2024 9:52 am

Intersec 2025 partners with Ignyte to launch the Intersec Startup Arena

Intersec 2025, the world’s premier event for safety, security, and fire protection, has announced its partnership with Ignyte, a digital platform developed by the Dubai International Financial Centre to help startups grow and expand globally from Dubai. Together, they will present the Intersec...

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Business & Money | Tuesday 24 December, 2024 9:48 am

NWC created a guide to verifying meter information on our official website

The National Water Company (NWC) has dedicated a web page on its official website as a guide. It includes frequently asked questions “FAQs” of its customers about verifying the information of water service meters. This is done under the initiative to verify meters and link them to the national...

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Business & Money | Tuesday 24 December, 2024 9:41 am

FESPA Middle East reveals groundbreaking conference programme for the region's speciality print and signage sector

FESPA Middle East, the leading event in the region for the global print and signage industries, has unveiled a groundbreaking conference programme ahead of its second edition. Taking place at the Dubai Exhibition Centre from 20 to 22 January 2025, sessions will discuss the latest trends in...

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