Business & Money | Sunday 26 November, 2023 8:35 am

ACWA Power says commercial ops launched at UAE Hassyan power complex

ACWA Power Co. received on Nov. 23 the commercial operation certificate from Dubai Electricity & Water Authority (DEWA) as regards the 2,400 MW Hassyan Power Complex, according to a statement to Tadawul.   The last 600 MW power unit followed the other three units at 600 MW each...

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Business & Money | Sunday 26 November, 2023 8:33 am

Saudi Arabia aims to establish logistics zone in Arar: Al-Kassabi

Minister of Commerce Majid Al-Kassabi said the Kingdom ranks among the top 10 developing economies in e-commerce, with total expected revenues of SAR 260 billion by 2025.     During his speech at the Northern Border Investment Forum, Al-Kassabi added that the total orders...

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Environment & Energy | Saturday 25 November, 2023 7:46 am

OPEC+ to hold delayed meeting virtually on Nov. 30

OPEC+ will hold its postponed ministerial meeting online next week after a conflict within the oil-producing cartel about the production quotas of African countries.   The struggle pushed OPEC+ to delay its meeting four days from Nov. 26 to Nov. 30.   The rescheduled...

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Business & Money | Saturday 25 November, 2023 7:44 am

6,225 Saudi industrial firms invest $30B in Egypt: Official

A total of 6,225 Saudi industrial businesses are operating in Egypt with $30 billion worth of investments, which reflects their confidence in the Egyptian market, Abdulrahman Altawil, Deputy Minister, Developmental Housing, Municipal and Rural Affairs and Housing said.   Further, 518 ...

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Business & Money | Saturday 25 November, 2023 7:35 am

Saudi Arabia sees 300,000 residential units by 2025-end: Official

Saudi Arabia is expected to see the construction of 300,000 residential units by the end of 2025, Abdulrahman Altawil, Abdulrahman Altawil, Deputy Minister, Developmental Housing, Municipal and Rural Affairs and Housing told Asharq News TV.   The Kingdom seeks to raise the number of...

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Sports | Saturday 25 November, 2023 7:31 am

Saudi Sports for All Federation to hold third Riyadh Marathon on February 10, 2024

The Saudi Sports for All Federation (SFA) has announced the date for the third Riyadh International Marathon, due to take place on February 10, 2024, supported by the Ministry of Sport. The road-based event is considered the first official full marathon to be held in the Kingdom under the Saudi...

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Government | Saturday 25 November, 2023 7:22 am

Ajman Finance Organises Workshop on Fiscal Year 2023 Final Account Preparation

The Ajman Department of Finance hosted a workshop dedicated to the procedures for preparing the final general account of government agencies for the fiscal year 2023. Attended by specialised personnel from various Ajman government departments, the workshop underscored the DoF’s dedication to...

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Business & Money | Saturday 25 November, 2023 7:20 am

Dubai Gets Ready to Host International Corporate Governance Experts for ICGN-Hawkamah Conference

Dubai is preparing to host a distinguished gathering of international corporate governance experts at the upcoming ICGN-Hawkamah Conference, themed 'Capital, Companies, and COP28.' Taking place over two days starting November 28th at the Dusit Thani Hotel, the conference will serve as a prominent...

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Technology & IT | Saturday 25 November, 2023 7:19 am

Huawei unveils joint fellowship with ITU, makes strides in digital inclusion

Huawei announced it has already brought connectivity to 90 million people in remote regions in nearly 80 countries following its pledge to the International Telecommunication Union's (ITU) Partner2Connect (P2C) Digital Coalition. The announcement was made as part of Huawei's first progress report...

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Business & Money | Saturday 25 November, 2023 7:16 am

Azizi Developments wins the highly commendable “Residential Project of the Year” award at the Construction Week Awards 2023

Azizi Developments, a leading private developer in the UAE, has received a highly commendable award in the category of Residential Project of the Year during the Construction Week Awards 2023 for its highly acclaimed mega-project Riviera in the heart of MBR City. The event took place at the JW...

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