05 Jumada I 1446 - 6 November 2024
    
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Eye of Riyadh

Maktoum bin Mohammed: Rapid global changes require designing fiscal policies that meet needs of national economies
Government | Monday 12 February, 2024 9:26 am
Today, the UAE Ministry of Finance concluded the Eighth Arab Fiscal Forum, organised in partnership with the Arab Monetary Fund and the International Monetary Fund, which was held on the sidelines of the World Governments Summit 2024 in Dubai, under the theme of “Shaping Future Governments”...
Dubai Customs sets new record with 17.15mn international visitors in 2023
Business & Money | Monday 12 February, 2024 9:24 am
In 2023, Dubai Customs managed 46,870,957 bags from 206,396 flights, averaging 128,400 bags daily. The focus is on ensuring traveler satisfaction and enhancing their experience. The Passenger Operations Department has over 845 inspection officers supported by 77 baggage inspection devices....
Egypt keen to develop economic, investment cooperation with UAE: Egyptian Minister of Finance
Government | Monday 12 February, 2024 9:22 am
Dr. Mohamed Maait, Minister of Finance of Egypt, reaffirmed the Egyptian government's keenness to continue developing cooperation ties with the UAE, especially in the fields of taxation, economy, finance, and investment. In statements to the Emirates News Agency (WAM) on the sidelines of the...
Expo Centre Sharjah, World Trade Centre Istanbul discuss boosting cooperation
Business & Money | Monday 12 February, 2024 9:20 am
The Expo Centre Sharjah (ECS) and the World Trade Centre Istanbul (WTCI) have discussed ways of boosting cooperation and coordination to jointly organise events, conferences, and trade fairs, as well as to share expertise on advancing the exhibition industry. ECS and WTCI probed how to benefit ...
DEWA stands out as a global benchmark in key performance indicators
Business & Money | Monday 12 February, 2024 9:16 am
Dubai Electricity and Water Authority (DEWA) has become a global benchmark in key performance indicators (KPIs) in its areas of work. In 2023, DEWA received over 100 benchmarking visits by prominent local and international companies and organisations. The visits aimed to learn about DEWA’s...
IMF Managing Director forecasts higher economic growth for Arab region in 2024
Business & Money | Monday 12 February, 2024 9:14 am
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), highlighted the increasing significance of the Arab region in a rapidly evolving global landscape. She projected that the total GDP growth for the Middle East region would reach 2.9% this year, surpassing the figures...
stc advances in bidding for Altice's assets in Portugal
Business & Money | Monday 12 February, 2024 9:12 am
stc, along with France’s Iliad SA and others, has progressed in the bidding for Altice's assets in Portugal, Bloomberg reported, citing sources.   Warburg Pincus LLC, a New York-based global private equity firm, has also progressed to the second round of bidding, while several ...
solutions inks framework deal with Center3 with SAR 150M ceiling
Business & Money | Monday 12 February, 2024 9:09 am
Arabian Internet and Communications Services Co. (solutions) signed, on Feb. 8, a framework agreement with Digital Centers for Data and Telecommunications Co. (Center3) to design and build the infrastructure for POD’s (Data Center Halls) and MMRs (Meet Me Rooms) with a maximum ceiling of SAR 150...
MIS to expand capacity of 2 data centers in Dammam for SAR 155.4M
Business & Money | Monday 12 February, 2024 9:06 am
Al-Moammar Information Systems Co. (MIS) received new orders to expand the capacity of two data centers in Dammam, which it shares with Saudi Fransi Capital (SFC), for SAR 155.43 million (including VAT).   This is considered the beginning of the second phase to boost the...
Riyadh Region Mayor directs establishing real estate department
Business & Money | Monday 12 February, 2024 9:04 am
Prince Faisal bin Ayyaf, Mayor of Riyadh Region, directed the establishment of the general department for real estate development, Saudi Press Agency reported.The move aims to achieve Riyadh’s ambitions in the real estate sector, which is one of the key sectors in...
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