Business & Money | Thursday 15 February, 2024 8:49 am

ACWA Power fulfills terms to withdraw funding for SAR8.6B PV solar plants

ACWA Power Co. announced the fulfillment of the conditions precedent to the drawdown of the credit facilities to fund Ar Raas 2, Saad 2 and Al Kahfah solar PV projects in central and north Saudi Arabia.   The three large-scale projects have a production capacity...

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Tourism & Hospitality | Wednesday 14 February, 2024 4:31 pm

RAMADAN TRADITIONS AT SWISSOTEL AL GHURAIR

As the city comes together in prayer, Swissotel Al Ghurair Dubai welcomes back guests to a lavish Iftar buffet and Sohour offerings till the early morning hours, encourage a wellness and fitness journey, and a staycation for cherishing family time. Indulgent Iftar buffetRenowned for its yearly ...

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Tourism & Hospitality | Wednesday 14 February, 2024 3:49 pm

Embrace the Spirit of Ramadan with LPM Restaurant & Café Riyadh’s New Iftar Menu

LPM Restaurant & Café Riyadh, the home of French-Mediterranean cuisine, invites family and friends to delight in their new exclusive Iftar Menu for the holy month of Ramadan. Showcasing the best of LPM’s signature dishes while honouring tradition, the restaurant offers a beautifully crafted...

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Business & Money | Wednesday 14 February, 2024 12:29 pm

Big 5 Construct Saudi, under the patronage of the Ministry of Municipal, Rural Affairs and Housing in the Kingdom, shapes the future of construction

Held under the patronage of His Excellency Mr. Majid Abdullah Al-Hogail, the Minister of Municipal, Rural Affairs and Housing in Saudi Arabia, the 12th edition of Big 5 Construct Saudi, the largest construction event to be ever held in the Kingdom, organized by dmg events, is gearing up to...

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Tourism & Hospitality | Wednesday 14 February, 2024 11:57 am

NEOM AND MDLBEAST SET TO UNVEIL A LUXURIOUS BEACH CLUB EXPERIENCE ON SINDALAH ISLAND

NEOM has announced an exciting partnership with the Saudi music entertainment company, MDLBEAST, to open an ultra-modern beach club on NEOM’s luxury island, Sindalah.   The Sindalah Beach Club will offer year-round premium experiences to a diverse range of audiences brought...

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Business & Money | Wednesday 14 February, 2024 9:52 am

Nikken Sekkei-designed One Za’abeel Project inaugurated in Dubai

Leading Japanese architectural consulting firm Nikken Sekkei celebrated the official opening of its One Za’abeel project, wholly owned by the Investment Corporation of Dubai, with a ceremony at the site on February 10. Distinguished attendees included...

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Business & Money | Wednesday 14 February, 2024 9:50 am

Human Capability Development Program explores labor market needs

The Human Capability Development Program (HCDP) is working on a mega project to anticipate the needs of the labor market, CEO Anas AlMudaifer told CNBC Arabia.   He added that this will help narrow the gap between the labor market needs and human capability in the educational and...

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Business & Money | Wednesday 14 February, 2024 9:37 am

Cenomi Centers signs SAR 5.25B credit facilities with multiple banks

Arabian Centres Co. (Cenomi Centers)  signed, on Feb. 13, a Shariah- compliant guaranteed Murabaha credit facility agreement and a revolving murabaha facilities agreement with lower borrowing costs and more flexible covenants compared to existing facilities, with multiple banks and for a total ...

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Technology & IT | Wednesday 14 February, 2024 9:32 am

São Paulo State Signs Landmark Collaboration With UAE’s Advanced Technology Research Council

The UAE’s Advanced Technology Research Council (ATRC), mandated to shape an advanced R&D ecosystem in Abu Dhabi and drive the strategic research priorities of the UAE, signed a Memorandum of Understanding (MoU) with the Secretariat of Management and Digital Government (SGGD) of the State of...

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Business & Money | Wednesday 14 February, 2024 9:30 am

Emirates Integrated Telecommunications Company PJSC Reports its Q4 and full-year 2023 Results

Emirates Integrated Telecommunications Company PJSC published today its financial results for Q4 and the full-year 2023. Full-year revenues grew by 6.9% to AED 13.64 billion highlighting sustained demand for mobile services, and strong growth in postpaid and fixed services. Full-year EBITDA surged...

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