Business & Money | Monday 24 June, 2024 10:53 am

Budget Saudi names Ibrahim Almojel Chairman, Abdulwahab Albetari Deputy

United International Transportation Co.’s (Budget Saudi) board of directors appointed Ibrahim Almojel (Independent member) as Chairman and Abdulwahab Albetari as Deputy Chairman, according to a statement to Tadawul.   The board also approved the formation of the audit,...

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Business & Money | Monday 24 June, 2024 10:41 am

Alliance Française to Open at Hayy Jameel in Jeddah

Declaration of intent to establish Hayy Jameel in Jeddah as the new home of Alliance Française Saudi Arabia (AFAS) made in the presence of HE Ambassador of France M. Ludovic Pouille, the Consul General of France in Jeddah, M. Mohammed Nehad, the President of Alliance Francaise M. Zaher Al...

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Business & Money | Monday 24 June, 2024 10:37 am

Dubai’s Samana Developers Launches Dh855 Million “Ivy Gardens 2” Climate-Resilient Project in Dubailand

Samana Developers, one of the leading real estate companies in Dubai, today announced the launch of the Dh855 million “Samana Ivy Gardens 2” project in the Dubai Land Residence Complex located in the Dubailand neighborhood. The project is the second of its kind in the same locality and...

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Business & Money | Monday 24 June, 2024 10:34 am

Knight Frank: Saudi Arabia’s construction awards hit US$ 142bn

Saudi Arabia is experiencing a significant surge in its construction activities, with the construction output value for the residential, institutional, infrastructure, industrial, energy & utilities and commercial sectors reaching US$ 141.5bn, up by 4.3% compared to last year, according to the...

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Business & Money | Monday 24 June, 2024 10:30 am

Bupa Arabia wins two prestigious awards at the Insuretech 2024 “Golden Shield of Excellence” ceremony

Bupa Arabia for Cooperative Insurance was crowned for its outstanding achievements by winning two awards: "Best Health Insurance Company of 2024" and "Best Insurance Brand" at the 10th edition of the "Golden Shield of Excellence" awards ceremony, which was recently held on the sidelines of the...

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Technology & IT | Monday 24 June, 2024 9:56 am

The newly launched worldwide Social Media app “Telefanz” rivals TikTok and aims to make Social Media a Better Place

The new social media platform “Telefanz” aims to compete with other social media platforms, particularly TikTok, offering an easy-to-use app in 17 languages, original content done by verified Creators and Streamers only, and a secure community. Dubai — “Telefanz”, the new social...

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Business & Money | Monday 24 June, 2024 8:52 am

Almarai Signs Agreement with Social Development Bank to Launch "Almarai Chefs" Program

Almarai Company has signed a cooperation agreement with the Social Development Bank to launch the "Almarai Chefs Program" aimed at strengthening and empowering owners of very small cooking projects in the Riyadh region, as part of its support and encouragement for entrepreneurs. The agreement...

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Business & Money | Monday 24 June, 2024 8:38 am

UAE Ministry of Finance launches new transformational projects

The UAE Ministry of Finance today announced the implementation of transformational projects that support the country’s efforts to transition towards the future and enhance its competitiveness, in line with the ‘We the UAE 2031’ vision and the UAE’s efforts to become the global hub for the...

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Business & Money | Monday 24 June, 2024 8:19 am

UAE, Hungary agree on developing economic partnership across various sectors

The fourth session of the joint economic committee (JEC) between the UAE and Hungary was held in the Hungarian capital Budapest recently, chaired by Abdullah bin Touq Al Marri, Minister of Economy, and Peter Szijjártó, Minister of Foreign Affairs of the Republic of Hungary. The meeting was...

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Business & Money | Monday 24 June, 2024 8:11 am

Coastal tourism to contribute SAR 85B to GDP by 2030: SRSA CEO

The coastal tourism sector is witnessing significant growth, said Mohammed Al Nasser, CEO of the Saudi Red Sea Authority (SRSA), expecting its contribution to the local gross domestic product (GDP) estimated to reach about SAR 85 billion by 2030. He told CNBC Arabia that the value of...

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