Government | Tuesday 30 May, 2023 2:14 pm

Abu Dhabi IPO Fund Hosts a Private Roundtable Discussion with The Chairman & CEO of Morgan Stanley, Analysing the thriving Abu Dhabi capital market & global economic status quo

The Abu Dhabi IPO Fund,  a Dh5 billion ($1.4bn) managed by Abu Dhabi Department of Economic development, hosted an exclusive strategic roundtable discussion with the global investment bank Morgan Stanley, recently in the capital of the United Arab Emirates Abu Dhabi at the Abu Dhabi...

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Government | Tuesday 30 May, 2023 12:55 pm

Riyadh prepares to host the 10th Edition of Arab-China Business Conference

Hosted by Saudi Arabia’s Ministry of Investment and the Ministry of Foreign Affairs, the forum aims to strengthen trade relations between China and the Arab world. This year’s conference is anticipated to be the largest Arab-Chinese business event, with more than 2,000...

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Government | Monday 29 May, 2023 2:01 pm

EVIS2023 Kicks off with an Overwhelming Regional and Global Presence

H.E. Suhail Al Mazroui, UAE’s Minister of Energy & Infrastructure, inaugurated today the Second Edition of the Electric Vehicles Innovation Summit (EVIS2023) organized at Abu Dhabi National Exhibition Centre (ADNEC).  The summit spans across three days and includes an extensive...

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Government | Monday 29 May, 2023 12:05 pm

Social Development Bank launches innovative training project to empower Saudi families and microenterprises

As part of its mission to enhance the Kingdom’s economic development, the Social Development Bank (SDB) has announced the launch of a specialized rehabilitation and training project, under the slogan (#Complete_it_develop_it_and_connect_it_to_the_glob). Underlining SDB’s commitment to...

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Government | Sunday 28 May, 2023 11:26 am

Dubai Customs Revolutionizes Inspection Operations with State-of-the-Art X-ray Scanning System for Vehicles and Equipment at Jebel Ali & TECOM Customs Center

Dubai Customs has equipped the Jebel Ali & TECOM Customs Center with a first-of-its-kind advanced system in the world for inspecting heavy and light vehicles, equipment, and yachts through X-ray scanning. This system allows the center to double its inspection operations and accelerate...

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Government | Friday 26 May, 2023 3:12 pm

PIF Establishes “Badael” to Reduce Smoking Prevalence in Saudi Arabia

Badael intends to manufacture new innovative, reduced-risk alternatives for smokers to combat smoking-related diseases Badael expects to help nearly one million people in Saudi Arabia switch from smoking by 2032, representing approximately 25% of all smokers in the countryBadael will also...

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Government | Thursday 25 May, 2023 2:07 pm

Trakhees issued more than 400 new licenses in Special Development Areas during the 1st quarter of 2023

The Planning and Development Department - Trakhees, the regulatory arm of the Ports, Customs and Free Zone Corporation in Dubai, achieved a remarkable achievement by achieving remarkable growth during the first quarter of 2023, represented by the issuing 423 licenses in special development areas...

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Government | Thursday 25 May, 2023 9:17 am

AlUla’s Jabal Ikmah recognized for its documentary heritage in chronicling the evolution of Old Arabic Languages

The Royal Commission for AlUla (RCU)’s efforts to conserve the region’s documentary heritage have been acknowledged with the listing of Jabal Ikmah on UNESCO’s Memory of the World Register. The spectacular mountain and its sandstone canyons feature more than 300 historically...

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Government | Wednesday 24 May, 2023 4:29 pm

DigitalBridge Announces PIF as an Investor in a New Partnership Aiming to Develop Data Centers in Saudi Arabia and the GCC Region

 The Investment is Designed to Support the Continued Advancement of the Digital Economy in Saudi Arabia and the GCC RegionIt Aims to Leverage DigitalBridge’s Expertise in Investing, Building, and Operating Digital Infrastructure to the Highest Global StandardsThe Investment Will Support...

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Government | Wednesday 24 May, 2023 4:24 pm

Abu Dhabi Housing Authority launches AED7bn+ housing projects in West Baniyas and Al Samha

Abu Dhabi Housing Authority has announced new housing projects in West Baniyas and Al Samha regions, totaling 1,742 residential villas for citizens at a cost of more than AED7 billion. The West Baniyas residential project includes the construction of 1,500 residential villas and the...

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