The three properties jointly owned by Mazaya Business Avenue will be operated and maintained under a connected buildings model, using Netix's IoT and AI-based open protocol solutions. Dubai, 21st December, 2020: Netix Global BV, a SB Group International subsidiary specializing in...
The Saudi Aramco Development Company, a subsidiary of The Saudi Arabian Oil Company, today announced it has signed a joint venture (JV) agreement with Cognite AS (Cognite), a global industrial software company and majority-owned subsidiary of Aker ASA (Aker), as part of the two companies’...
New strategy underpinned by Majid Al Futtaim’s Net Positive and single-use plastics commitmentsBy 2030, all Majid Al Futtaim businesses will have circularity at the core of their operations Based on five pillars, Majid Al Futtaim’s circular economy strategy addresses key areas of impact...
Eureeca, the first multi-regulated global equity crowdfunding platform, has announced that the UAE-based pay-per-minute car rental service Udrive has raised US$1.3 million from 186 investors in just 48 hours. The raise forms part of Udrive’s series A round of funding from their customers,...
Abu Dhabi Securities Exchange (ADX) announced that Palms Sports P.J.S.C has listed its shares on ADX’s Second Market under the trading symbol PALMS, and trading begins on the shares today. The company’s nominal value of share capital is AED 150 million, with each share having a nominal value of ...
ENGIE Solutions, an international leader in providing low carbon energy and services, has acquired Allied Maintenance Company Ltd (AMC), a Saudi-based total facilities management company with a wealth of experience across numerous locations in the Kingdom. Formed in 1992, AMC has more than...
Azizi Developments, a leading private developer in the UAE, has noted a substantial surge in demand for its retail units across projects in the fourth quarter of 2020, despite the pandemic-induced challenges that the real estate industry has witnessed. The total units sold now amount to...
In the presence of HE Xavier Chatel, French Ambassador to the UAE, Professor Silvia Serrano, Vice Chancellor of Sorbonne University Abu Dhabi, Staff Brigadier Abdulla Faraj Masoud Almeherbi, Deputy Commander of the UAE Naval Forces, and Captain Pierre Alzuyeta, Chief of Department in charge of the...
Air Arabia was adjudged in the ‘Low-Cost Airline of the Year’ category by an expert panel of industry judges for the carrier’s innovation, financial performance, and ambitious growth plans.Adel Al Ali, Group Chief Executive Officer of Air Arabia, said: “Winning the ‘Low-Cost Airline of...
Saudi Arabia and Finland have stepped up joint efforts in infection prevention by signing a memorandum of understanding (MoU). The signing ceremony took place at the Finnish Embassy in Riyadh on Wednesday. Knowledge-exchange links are being built on Saudi Arabia’s vast patient safety...