Technology & IT | Wednesday 20 March, 2024 11:27 am

HONOR Announces the Launch of the New PORSCHE DESIGN HONOR Magic6 RSR and the HONOR Magic6 Ultimate in China

Global technology brand HONOR today announced the launch of the second jointly developed smartphone with Porsche Design, the PORSCHE DESIGN HONOR Magic6 RSR. In addition to this flagship device, HONOR also unveiled the HONOR Magic6 Ultimate and the HONOR MagicBook Pro 16 in China, along with its...

More Details

Business & Money | Wednesday 20 March, 2024 10:21 am

DLD signs partnership agreement with Chinese institute ‘DX Broker Training & Services'

Dubai Land Department (DLD), represented by the Real Estate Regulatory Agency (RERA), has partnered with the Chinese institute ‘DX Broker Training Service’ to enhance awareness in the Dubai real estate sector. This collaboration seeks to create an outstanding real estate training...

More Details

Business & Money | Wednesday 20 March, 2024 10:18 am

5,492 ATA Carnets issued, received for goods, commodities worth AED5 billion in 2023: Dubai Chamber of Commerce

Dubai Chamber of Commerce, one of the three chambers operating under the umbrella of Dubai Chambers, has revealed that record growth was achieved in the value of goods and commodities imported under ATA Carnets during 2023. A total of 5,492 ATA Carnets were issued and received for goods and...

More Details

Business & Money | Wednesday 20 March, 2024 10:08 am

KAFD to launch electric monorail by 2026

Gautam Sashittal, CEO of King Abdullah Financial District (KAFD), said the six-station monorail will be operational by 2026, Al Eqtisadiah newspaper reported. He explained that the KAFD’s mobility strategy is based on the 10-minute city concept, where everything ...

More Details

Business & Money | Tuesday 19 March, 2024 2:57 pm

Oman issues Government Treasury Bills worth RO 70 million this week

The Central Bank of Oman (CBO) has announced that the total issuance of Government Treasury Bills amounted to RO 70 million this week. According to the Oman News Agency (ONA), the value of the allotted Treasury Bills amounted to RO 5 million for a maturity period of 28 days. The average...

More Details

Business & Money | Tuesday 19 March, 2024 2:54 pm

UAE investments abroad hit $2.5 trillion in beginning of 2024: Secretary-General UAEIIC

The United Arab Emirates has solidified its position as a leading regional and global player in foreign direct investment, according to Jamal Bin Saif Al Jarwan, Secretary-General of the UAE International Investors Council (UAEIIC). He estimates the total value of Emirati investments abroad,...

More Details

Environment & Energy | Tuesday 19 March, 2024 2:53 pm

Department of Energy - Abu Dhabi report highlights performance of power distribution to industrial sector in emirate

The Department of Energy – Abu Dhabi’s 2023 report has highlighted the outstanding performance of the emirate’s power grid, according to SAIFI and SAIDI reliability indices, with specific reference to the supply of electricity to industrial zones and companies operating within them.In this...

More Details

Business & Money | Tuesday 19 March, 2024 2:52 pm

Islamic banking assets in UAE surpass AED700 bn for first time ever at year-end 2023

The assets of Islamic banks operating in the UAE exceeded AED700 billion for the first time in history at the end of 2023, according to the latest statistics from the Central Bank of the UAE (CBUAE). The statistics showed that the assets of Islamic banks reached AED703.1 billion at the end of...

More Details

Business & Money | Tuesday 19 March, 2024 1:40 pm

Alvarez & Marsal says Saudi banks' prospects 'positive' in light of Vision 2030

Asad Ahmed, General Manager and Head of Financial Services in the Middle East at Alvarez & Marsal, said that the banking sector in Saudi Arabia will likely contribute mainly to achieving the goals of Vision 2030, indicating that Saudi banks enjoy positive prospects.   Ahmed also...

More Details

Business & Money | Tuesday 19 March, 2024 12:58 pm

The Ultimate Maintenance Manager Services in Saudi Arabia

In the hustle and bustle of daily life, homes and workplaces are not immune to the challenges posed by pests, plumbing, and malfunctioning air conditioners and other appliances. Ahead of an important event or in between a busy day, one may encounter a leaking tap or a broken air...

More Details