Business & Money | Monday 17 July, 2023 11:13 am

Mastercard partners with Geidea to expand access to world-class payment solutions in Saudi Arabia

Mastercard has partnered with Geidea to offer consumers and businesses greater access to advanced card and payment solutions.  Through Mastercard, Geidea will extend its range of services and products, operating as an issuer. As part of the agreement, Geidea will leverage Mastercard’s...

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Business & Money | Monday 17 July, 2023 10:31 am

Herald Holdings expands business at Sharjah Airport International Freezone

Herald Holdings (FZE), a global conglomerate of logistics and shipping companies, has signed an investment agreement with the Sharjah Airport International Free Zone (SAIF Zone) to expand its operations and strengthen its presence in the region.The agreement, inked by Saud Salim Al Mazrouei,...

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Business & Money | Monday 17 July, 2023 10:23 am

Commercial transport activities contributed AED16 bn to Dubai Economy in 2022

Mattar Al Tayer, Director-General, Chairman of the Board of Executives Directors of Dubai’s Roads and Transport Authority (RTA), revealed that AED16.1 billion was contributed to Dubai’s Economy in 2022 by the commercial transport sector, which is regulated by RTA. The sector employs around ...

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Business & Money | Monday 17 July, 2023 10:19 am

Diriyah to open first hotel in December, offer 400 units for sale: CEO of DGDA

Diriyah Co. is growing at a fast pace, Jerry Inzerillo. Samhan Heritage Hotel, which comprises 141 rooms, along with one out of six museums will open next December, Jerry Inzerillo, CEO of the Diriyah Gate ‍Development Authority (DGDA), told CNBC Arabia. Many facilities will be inaugurated...

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Business & Money | Monday 17 July, 2023 10:10 am

WAJA signs SAR 9.2 mln contract with NHC

WAJA Co. signed a contract, on July 16, to undertake improvement works on the main building of National Housing Co. (NHC), the company said in a statement to Tadawul. The contract, which has a duration of 100 days, is valued at SAR 9.17 million, including value-added tax. The work scope...

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Business & Money | Monday 17 July, 2023 10:08 am

Ministry of Economy: Real estate transactions likely to slow down

The Ministry of Economy and Planning expects the coming period to see slowdown in real estate transactions and prices due to the size of the housing industry. This was driven by the housing sector scope on the Real Estate Price Index and its role in driving the real estate...

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Business & Money | Monday 17 July, 2023 9:57 am

DUBAI AVIATION CITY CORPORATION AND DUBAI SOUTH SIGN AGREEMENT WITH DUBAI INSURANCE

Dubai Aviation City Corporation through its affiliated corporation Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, announced the signing of an agreement with Dubai Insurance Co. PSC (DIN) to initiate a comprehensive Employee Protection...

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Business & Money | Monday 17 July, 2023 9:16 am

A firm commitment to the UAE’s climate goals and UNSDGs: Al Masaood Group launches its first Sustainability Report

Al Masaood Group, one of Abu Dhabi’s leading business conglomerates, announced the launch of its inaugural Sustainability Report. This comprehensive document underscores the Group's unwavering commitment to the United Nations Sustainable Development Goals (UNSDGs) and the UAE's ambitious climate...

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Business & Money | Monday 17 July, 2023 9:08 am

ITHCA Group( One of the Oman Investment Authority compaies ) has announced its investment at "InnoTech" company

This investment will enable the exploration of innovative solutions and the integration of knowledge and technology to enhance the real estate sector. InnoTech is a specialized company that focuses on innovation, 3D printing services, and educational technologies. It has achieved a significant...

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Business & Money | Monday 17 July, 2023 8:34 am

ACWA Power extends cooperation with desalination membrane solutions provider Toray

ACWA Power, a Saudi-listed company and the world's largest private water desalination company, the first mover into green hydrogen, and a leader in energy transition, today signed a memorandum of understanding (MoU) with Japanese technology provider Toray Industries, to explore energy-saving...

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