Business & Money | Monday 27 March, 2023 4:52 pm

Middle East airport developments entails US$151 billion in capital expenditure until 2040

Middle East airports to handle 1.1 billion passengers by 2040  Saudi airports expansion entails US$147 billion investments  Sharjah International Airport Expansion to get completed by Q4 2024 Kuwait expanding Passenger Terminal 2 to handle 13 million passengers Doha...

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Business & Money | Monday 27 March, 2023 3:54 pm

Cisco Unveils the Latest Security Trends: Ransomware Accounted for Over 20% of Global Total Attacks in 2022

Fewer cyberattacks were reported in the first half of 2022Professionalization of cybercrime increasing with the hybrid work environmentEducation sector top affected industry for the yearCisco revealed the company’s security insights as observed in the latest Cisco Talos annual report, titled...

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Business & Money | Sunday 26 March, 2023 11:17 pm

Saudi Re 2022 profits rise by 6.4%, with premiums exceeding 1.4 billion SAR with an increase of 26%

Riyadh: March ‎26th, ‎2023: the Saudi Reinsurance Company (Saudi Re) has announced the annual financial results ending on 31 December 2022, noting that net profit before Zakat rose to 56.7 million SAR compared to 53.3 million SAR last year, with an increase of 6.4 percent. The Company’s 2022...

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Business & Money | Saturday 25 March, 2023 7:18 pm

Wasl releases over 3,800 modern staff accommodation units to the market

Wasl Asset Management Group, one of the largest real estate development and management companies in Dubai, announced the launch of ‘Wasl Mosaic,’ a modern gated staff accommodation project in Al Warsan. Wasl Mosaic comprises 3,866 units across 33 buildings in a mix of shared, studios...

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Business & Money | Friday 24 March, 2023 10:48 am

International powerhouse brands turn to inaugural GITEX Africa 2023

Global tech pioneers and innovators look to supercharge double-digit business growth across AfricaInternational powerhouse brands turn to inaugural GITEX Africa 2023 as launchpad to scale operations in the world’s next biggest digital...

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Business & Money | Thursday 23 March, 2023 2:05 pm

Saudi Arabia Makes Major Leap Forward in Women’s Entrepreneurship

MBSC presented Global Entrepreneurship Monitor’s report at the Fifth Gulf Businesswomen Forum There are many more women entrepreneurs in Saudi Arabia today than there were six years ago, according to the Prince Mohammed Bin Salman College of Business and Entrepreneurship...

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Business & Money | Thursday 23 March, 2023 8:10 am

CENOMI CENTERS COMPLETES THE SALE OF LAND AUCTIONED IN DECEMBER 2022 FOR SAR 644.5 MILLION

The sale of 115,094.89 Square Meters of land in Riyadh is another milestone in the company’s non-core asset sale program.Sale completed, land deeds transferred and sale proceeds collected.Sale to be recognized in Cenomi Centers’ first quarter 2023 results.Cenomi Centers, the largest owner,...

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Business & Money | Wednesday 22 March, 2023 3:53 pm

Dubai Furniture Manufacturing Company (DFMC) marks its 30th anniversary by launching innovative mattress technologies

DFMC strengthened its expertise, competency, and preeminent standing in the market.Innovative cooling technology and advanced materials showcased in Serta Arctic and King Koil Intimate’s new CollectionsDFMC's "Mattress In-A Box with Wheel" new concept revolutionizes mattress buying to a simple...

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Business & Money | Tuesday 21 March, 2023 2:28 pm

Saudi Coffee Company announces partnership with Jazan Mountains Development Authority

Aligned with Saudi Coffee Company’s long-term plans to transform Coffea Arabica into a global product.JAZAN, 20/March/2023 – In the presence of HRH Prince Muhammad Bin Nasser Bin Abdulaziz Al-Saud, the Governor of Jazan, Vice Chairman of the Board of Directors of the Jazan Mountains...

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Business & Money | Tuesday 21 March, 2023 11:29 am

SALAMA reports audited FY 2022 net profit of AED 42.46 million

Islamic Arab Insurance Company, listed as “SALAMA” on DFM, has received board approval for its audited financial statements for the year ended December 31, 2022. ·       Net profit for the year reached AED...

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