18 Ramadan 1445 - 28 March 2024
    
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Eye of Riyadh

PIF assets rise to $940.3B, ranks 5th globally
Business & Money | Monday 11 March, 2024 10:54 am
The Public Investment Fund (PIF) advanced to the fifth position among the world’s largest sovereign wealth funds (SWFs), after its net assets rose to $940.26 billion, according to the latest data from the SWF Institute.      PIF's assets rose by $163.6...
Women returning to the workforce after a career break could contribute US$385 billion to MENA region
Business & Money | Monday 11 March, 2024 9:52 am
A new study reveals that women returning to the workforce following a career break have the potential to contribute nearly US$385bn to the GDP across nine countries in the Middle East and North Africa (MENA) region. This indicates a significant economic potential, provided that organisations can...
MBSC Signs MoU with the Saudi Press Agency During Human Capability Initiative Conference
Business & Money | Monday 11 March, 2024 9:50 am
Prince Mohammed Bin Salman College of Business and Entrepreneurship (MBSC), the Kingdom’s world-class business school, announced a new partnership with the Saudi Press Agency during the Human Capability Initiative conference that was held on February 28th and 29th, under the patronage His Royal...
solutions inks framework deal to provide Saudi Aramco with electronic devices
Business & Money | Monday 11 March, 2024 9:31 am
Arabian Internet and Communications Services Co. (solutions) signed today, March 10, a framework agreement with Saudi Arabian Oil Co. (Saudi Aramco) to provide the latter with electronic devices.   The agreement value may exceed 5% of solutions’ revenues as per the latest audited...
Diriyah Company to showcase its masterplan at MIPIM
Business & Money | Sunday 10 March, 2024 3:07 pm
For the third consecutive year, Diriyah Company, a Public Investment Fund entity transforming Diriyah into a global, cultural, historical and lifestyle hub, will be returning to MIPIM, the global real estate exhibition  taking place in Cannes, as part of the Saudi Pavilion to showcase its...
US$ 2 billion earmarked for Saudi real estate by Muslim global HWNIs.
Business & Money | Sunday 10 March, 2024 11:26 am
Muslim global high net worth individuals (HNWI) are prepared to spend US$ 1.96 billion on real estate in the Holy Cities of Makkah and Madinah, according to global property consultancy Knight Frank’s inaugural Destination Saudi report Knight Frank surveyed 506 Muslim global HNWI...
Dubai Women Establishment Awarded with Moro Hub's Green Cloud Certification
Business & Money | Sunday 10 March, 2024 11:02 am
Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), awarded a certificate to Dubai Women Establishment (DWE), a government entity that supports the effective Women participation in leadership and the socio-economic future of Dubai through...
Mohammed bin Rashid Innovation Fund Partners with Hope Ventures to Facilitate Investment Opportunities
Business & Money | Sunday 10 March, 2024 10:57 am
Mohammed bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, and Hope Ventures, the investment arm of Hope Fund in the Kingdom of Bahrain, enter a strategic partnership to empower UAE-based entrepreneurs and businesses through...
MOHAMMED BIN RASHID AEROSPACE HUB SIGNS AGREEMENT WITH ATS TECHNIC TO OPEN A NEW FACILITY AT DUBAI SOUTH
Business & Money | Sunday 10 March, 2024 10:38 am
Mohammed Bin Rashid Aerospace Hub (MBRAH), the aerospace platform of Dubai dedicated to the advancement of the aviation industry, signed an agreement with ATS Technic to launch its new facility at Dubai South. ATS Technic is the leading provider of line maintenance and logistics services for a wide ...
Sheikh Zayed Housing Programme approves 460 housing assistance applications for citizens worth AED350 million
Business & Money | Saturday 9 March, 2024 8:42 am
The Ministry of Energy and Infrastructure, represented by the Sheikh Zayed Housing Programme, has approved 460 housing aids for citizens, totalling approximately AED350 million on the occasion of the Holy Month of Ramadan. The assistance includes grants, loans and government housing. The...
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