Culture & Education | Tuesday 26 December, 2023 10:39 am

Fujairah Research Centre unveils ‘The Emirati Researchers’: New initiative

Fujairah Research Centre today unveiled ‘The Emirati Researchers’, a brand-new initiative dedicated to promoting, supporting, and funding vital scientific analysis and exploration projects in the UAE.    In line with the organization’s enduring vision to invest in future...

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Business & Money | Tuesday 26 December, 2023 9:27 am

Anwar Gargash Diplomatic Academy confirmed as UAE’s Education Partner in hosting MC13 in Abu Dhabi

The Ministry of Economy and the Abu Dhabi Department of Economic Development (ADDED), have announced Anwar Gargash Diplomatic Academy (AGDA) as their official Education partner in hosting the World Trade Organisation’s 13th Ministerial Conference (MC13), the principle decision-making body...

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Technology & IT | Tuesday 26 December, 2023 9:17 am

Aramco Digital, Intel to set up Saudi's first open RAN center

Aramco Digital Co. and Intel unveiled plans to establish the Kingdom’s first open wireless access network (RNA) development center.   The step aims to drive innovation, promote technological advancement, and contribute to Saudi Arabia’s digital transformation landscape, according ...

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Business & Money | Tuesday 26 December, 2023 9:02 am

TDRA signs MoU with PCFC's Dubai Maritime Authority

The Telecommunications and Digital Government Regulatory Authority (TDRA) has signed a Memorandum of Understanding (MoU) with the Dubai Maritime Authority of Dubai Ports, Customs and Free Zone Corporation (PCFC). This partnership marks a significant stride in improving the regulatory framework ...

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Business & Money | Tuesday 26 December, 2023 9:01 am

Ministry of Industry to launch 35 renewable energy projects in 2024: Minister

Saudi Ministry of Industry and Mineral Resources is set to launch nearly 35 renewable energy projects in 2024, Asharq News reported, citing Minister Bandar AlKhorayef. The coming year will witness the execution of a big number of projects as well as investments, AlKhorayef added on the...

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Government | Tuesday 26 December, 2023 8:51 am

Transport Minister Al-Jasser hails 2023 as “exceptional year”

Minister of Transport and Logistics Services Saleh Al-Jasser described 2023 as an “exceptional year," saying that this makes Saudi Arabia look to the future with great confidence.   During his speech at the annual National Industrial Development and Logistics Program (NIDLP) event, ...

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Business & Money | Tuesday 26 December, 2023 8:44 am

GIB launches inaugural SAR 1.5B Tier 2 sukuk issuance

Gulf International Bank (GIB) - Saudi Arabia successfully issued its first Tier 2 sukuk, raising SAR 1.5 billion. This is part of a SAR 3 billion issuance program with a 10-year maturity and a five-year redemption period.   The bank's sukuk program supports its...

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Business & Money | Tuesday 26 December, 2023 8:42 am

Alkhorayef Water secures SAR 450M credit facilities from Riyad Bank

Alkhorayef Water and Power Technologies Co. (AWPT) signed a Shariah-compliant credit facility agreement worth SAR 450 million with Riyad Bank.   The loan was secured today, Dec. 25, the company said in a Tadawul statement, adding that the agreement is valid until Dec....

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Government | Tuesday 26 December, 2023 8:40 am

Saudi Arabia, Japan sign 13 deals

Saudi Arabia and Japan signed 13 agreements and memoranda of understanding within the framework of the Saudi-Japan Investment Forum with Japanese entities and companies.    As reported by the Saudi News Agency,  the signed deals  covered many sectors, most notably...

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Business & Money | Tuesday 26 December, 2023 8:39 am

Al-Falih expects investments of up to $600B in petchem sector by 2030

Saudi Arabia's Minister of Investment, Khalid Al-Falih, expected that investments in the petrochemical sector would total $600 billion by 2030.   In his speech at the Saudi-Japan Investment Forum, Al-Falih stated that the strategic partnership between Saudi Arabia and...

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