Business & Money | Wednesday 12 July, 2023 1:03 am

EDGE Acquires Etimad Holding, a Major Player in UAE’s Security Solutions Space

EDGE Group PJSC (EDGE), one of the world’s leading advanced technology and defence groups, announced the acquisition of a 100% stake in Etimad Holding LLC (Etimad), a technology solutions and services company with a focus on security systems solutions, systems integration, projects fulfillment,...

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Business & Money | Wednesday 12 July, 2023 12:36 am

GAC approves 16 economic concentration applications in June

The General Authority for Competition (GAC) issued 16 no-objection decisions for economic concentration applications in June, according to a statement.   Economic concentration applications for mergers and acquisitions (M&As) and joint ventures (JVs) are...

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Government | Wednesday 12 July, 2023 12:28 am

Saudi Cabinet approves Real Estate Contributions Law

The Saudi Cabinet, chaired by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, approved the Real Estate Contributions Law. The Cabinet reaffirmed the Kingdom's keenness to enhance the precautionary efforts made by the OPEC+ countries to support the stability and...

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Government | Wednesday 12 July, 2023 12:03 am

Real Estate Contribution Law to boost transparency, open new financing channels: Al-Hogail

Majed Al Hogail, Minister of Municipal and Rural Affairs and Housing said that the Real Estate Contributions Law aims to regulate the activity of real estate contributions, raise the level of transparency and disclosure, and protect the rights of all concerned parties, according to Saudi Press...

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Business & Money | Wednesday 12 July, 2023 12:02 am

Coca-Cola® and Riot Games Launch Coca-Cola® Ultimate Zero Sugar in Saudi Arabia

Coca-Cola® has launched a new limited-edition flavor from Coca-Cola® Creations in collaboration with Riot Games, the publisher and developer of League of Legends. Coca-Cola® Ultimate Zero Sugar will celebrate every player’s journey - whether it's their first time on the Rift or on the Finals...

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Technology & IT | Tuesday 11 July, 2023 3:07 pm

Battle Royale to commence at Gamers8: The Land of Heroes as world’s best gather with $3 million prize pool at stake in PUBG MOBILE World Invitational

Gamers8: The Land of Heroes, the biggest esports and gaming festival worldwide, welcomes the world’s best PUBG MOBILE teams to Riyadh for six days of intense battle royale competition at the $3 million PUBG MOBILE World Invitational (PMWI) tournament.  The six-day tournament,...

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Business & Money | Tuesday 11 July, 2023 2:38 pm

DIFC first to join forces with AIMA as five additional hedge funds establish

Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, today announced it is the first financial centre in the Region to enter into an agreement with the Alternative Investment Management Association (AIMA), the...

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Technology & IT | Tuesday 11 July, 2023 11:34 am

MCIT China Visit Accelerates Innovation and Technology Collaboration Between Saudi Arabia and China

His Excellency Eng. Abdullah Al-Swaha, Minister of Communications and Information Technology of Saudi Arabia, led a high-profile delegation from the Kingdom to Greater China, solidifying advancements in investment and knowledge-sharing around technology innovation.  The weeklong itinerary ...

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Environment & Energy | Tuesday 11 July, 2023 11:32 am

‘Water Security & Clean Energy Forum’ Drives Climate-Tech Action in Abu Dhabi

Today, the Advanced Technology Research Council (ATRC), the overarching entity mandated to shape Abu Dhabi’s technology R&D ecosystem, along with its subsidiaries ASPIRE and the Technology Innovation Institute (TII), has joined forces with the Abu Dhabi Department of Energy (DoE) to launch...

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Technology & IT | Tuesday 11 July, 2023 11:29 am

ASTANA CITY ADMINISTRATION AND PRESIGHT SIGN MOU TO DRIVE DIGITAL TRANSFORMATION AND ECONOMIC GROWTH

The Astana City Administration in Kazakhstan recently signed a Memorandum of Understanding (MoU) with Presight, the region’s leading big data analytics company powered by artificial intelligence and based in Abu Dhabi, UAE.   Aimed at contributing to Astana's...

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