The UAE Ministry of Defence and Abu Dhabi Future Energy Company PJSC (Masdar) have signed a partnership agreement to develop multi-solar plants across Abu Dhabi.Emerge, a joint venture between the UAE’s Masdar and France’s EDF Group, will provide a full turnkey solution for the projects,...
By: Pelin Incesu - Area Vice President, Middle East and Africa International Women's Day is an opportunity to celebrate the progress that has been made by and for women, whilst also shining a light on the persistent inequities that women continue to face across all of society, including in...
Abu Dhabi Commercial Bank (ADCB) has approved the Board of Director’s proposal to distribute a cash dividend of AED0.56 per share, translating to a total pay-out of AED4.099 billion equivalent to 50% of the Net Profit in 2023. This came as the ADCB today held its physical-cum-virtual 40th...
AD Ports Group today welcomed an esteemed Iraqi delegation headed by Razzaq Muhaibas Al-Saadawi, Iraq’s Minister of Transport, alongside key figures and leaders in business, investment and development sectors. The focus was on a number of projects pivotal to international transport, logistics...
Alkhorayef Water and Power Technologies Co. (AWPT) obtained SAR 536 million worth of Shariah-compliant credit facilities from Al Rajhi Bank for one of its subsidiaries, Package 6 Company for Environmental Services — a limited liability company, according to a statement to Tadawul today, March...
Saudi Arabian Oil Co. (Saudi Aramco) said the state remains the majority shareholder in the oil giant with 82.186% ownership following the transfer of 8% of the former's issued shares to wholly-owned portfolios by the Public Investment Fund (PIF). This is a private transfer where Aramco...
stc Group concludes another successful year with its strategic partnership and participation at LEAP 2024. The event witnessed significant announcements of global partnerships and agreements with Oracle, GalaxySpace, Ericsson and Huawei, among others.Pioneering advances in technology stc ...
The service suspension regulations start from 01 Ramadan 1445 AH, ensuring no harm to those with suspended services or their dependents. It strictly requires a regulatory document for implementation. Service suspensions exclude treatment, education, employment, commercial registration, and...
Crown Prince Mohammed bin Salman announced transferring 8% of Saudi Aramco’s issued shares to wholly owned portfolios by the Public Investment Fund (PIF). Accordingly, the Saudi government’s ownership in Aramco will reach 82.186%, the state-run SPA...
ejada, a leading IT services provider in the Middle East and Africa, has unveiled a partnership with ServiceNow, the leading digital workflow company making the world work better for everyone. This collaboration is designed to empower businesses in Saudi Arabia, enabling them to expedite their...