Government | Thursday 1 June, 2023 3:08 pm

PIF Enters into an Agreement to Invest in Tamimi Markets, One of Saudi Arabia’s Leading Grocery Chains

The Public Investment Fund (“PIF”) announced today the signing of a share subscription agreement (the “Agreement”) to invest in Tamimi Markets Company LLC (“Tamimi Markets” or “the Company”), one of Saudi Arabia’s leading grocery store chains, by way of a capital...

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Government | Thursday 1 June, 2023 2:48 pm

Abu Dhabi invests AED 1 billion in ‘Channel Partners’ programme to enhance industrial investment ecosystem

The Abu Dhabi Department of Economic Development (ADDED) has announced the launch of ‘Abu Dhabi Channel Partners’ programme to further enhance the industrial investment ecosystem, by providing detailed guides of investment opportunities, supported by customised incentives packages to...

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Government | Thursday 1 June, 2023 12:26 pm

Abu Dhabi Fund for Development extends strategic support to ‘Make it in the Emirates’ Forum

– Abu Dhabi Fund for Development (ADFD) has participated as a strategic partner in the second edition of the “Make it in the Emirates” forum. This prominent event revolved around the theme of “Investment, Sustainability, and Growth.” As one of the most significant industrial gatherings in ...

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Government | Thursday 1 June, 2023 11:45 am

Unveiling Dubai Customs' Mastery: Conquering Information Security Challenges for Remote Work Systems at Global Conference

Dubai Customs highlighted its expertise in addressing information security challenges related to remote work systems during its participation in the Information Security Leaders Conference held in Dubai. The conference brought together a broad spectrum of cybersecurity experts and information...

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Government | Wednesday 31 May, 2023 3:44 pm

Saudi Arabia Census Shows Total Population of 32.2 Million, of Which 18.8 Million are Saudis

The General Authority for Statistics (GASTAT) announced today the first results of the Kingdom’s 2022 census, which puts the population of Saudi Arabia at 32,175,224 million. Of the total number, Saudis make up 18.8 million (58.4%), while non-Saudis, 13.4 million, constitute 41.6% of the...

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Government | Wednesday 31 May, 2023 2:56 pm

ADDED launches SMEs incentive porgramme, establishes competence centre to facilitate transition to smart manufacturing and Industry 4.0

The Abu Dhabi Department of Economic Development (ADDED) has announced the launch of an incentive porgramme and establishment of the Smart Manufacturing competence centre (SMCC) to facilitate transition to smart manufacturing and Industry 4.0 as part of the 34 initiatives mapped out by...

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Government | Wednesday 31 May, 2023 2:46 pm

On Global Day of Parents, the Department of Community Development raises awareness on ways to build stronger families

In light of Global Day of Parents today, the Department of Community Development shared insight on the key elements that contribute to a healthy and well-established family, emphasising the important role parents play in this process. The DCD pointed out that a resilient family is created by...

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Government | Wednesday 31 May, 2023 2:35 pm

GPSSA to host the 15th Annual Seminar for Civil Pension Authorities of the GCC countries

The General Pension and Social Security Authority (GPSSA) is hosting the 15th Annual Seminar for Civil Pension Authorities of the GCC countries, entitled ‘Effective Investment Tools for Pension Funds and Social Security’ on June 5th and 6th 2023, at the Rixos Premium Saadiyat Island - Abu...

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Government | Wednesday 31 May, 2023 11:49 am

The Group announces record Revenues, Net Profit, Assets and Equity.

ICD announced today its consolidated financial results for the year ended 31 December 2022 having generated record Revenues of AED 267.4 Billion and a record Net Profit of AED 36.1 Billion. All business segments contributed to this remarkable achievement.Revenues reached a record AED 267.4 Billion, ...

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Government | Tuesday 30 May, 2023 3:47 pm

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister of the Kingdom of Bahrain, today inaugurated the Al-Dur 2 Phase 2 Independent Water and Power Project (IWPP)

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister of the Kingdom of Bahrain, today inaugurated the Al-Dur 2 Phase 2 Independent Water and Power Project (IWPP).His Royal Highness highlighted the Kingdom’s commitment to developing energy production projects...

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