Business & Money | Thursday 26 October, 2023 9:08 am

LanzaTech Forms Joint Venture with Olayan Financing Company to Deploy Carbon Recycling Technology in Saudi Arabia

LanzaTech Global, Inc. (NASDAQ: LNZA), the carbon recycling company transforming waste carbon into sustainable raw materials, and Olayan Financing Company (OFC), the parent company of The Olayan Group’s businesses and investments in Saudi Arabia and the Middle East,  have ...

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Business & Money | Thursday 26 October, 2023 9:06 am

AHS Properties Sells $50 Million One Canal Penthouse in Dubai Water Canal

In a move representing the pinnacle of luxury real estate, AHS  Properties has marked an industry milestone with the sale of an iconic penthouse in One Canal for an unprecedented $50 million. The ultra-luxury residential building along the Dubai Canal was sold to the family office of a...

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Culture & Education | Thursday 26 October, 2023 9:03 am

Al Quoz Creative Entrepreneurship Forum: an innovative platform to support the creative economy

Dubai Culture and Arts Authority (Dubai Culture) is now welcoming registrations to attend the Al Quoz Creative Entrepreneurship Forum. This initiative aims to ignite the entrepreneurial spirit within the cultural and creative industry, empower aspiring entrepreneurs to turn their creative visions...

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Technology & IT | Thursday 26 October, 2023 8:56 am

Ports, Customs and Free Zone Corporation (PCFC) to Enhance Digital Transformation

The Ports, Customs and Free Zone Corporation (PCFC) and Microsoft signed a Memorandum of Understanding (MoU) to explore collaboration opportunities in the areas of skilling, ideation workshops, sustainability, and application development and deployment on joint projects, powered by the Microsoft...

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Business & Money | Thursday 26 October, 2023 8:50 am

Saudi Arabia sets January 2024 as deadline to move regional HQ to Riyadh: Al-Jadaan

Saudi Arabia will set the deadline for international companies to move their regional headquarters (HQ) to Riyadh by January 2024, otherwise they will lose their agreements with the government, Reuters reported, citing Minister of Finance Mohammed Al-Jadaan.   Further, a tax...

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Business & Money | Thursday 26 October, 2023 12:43 am

Fujairah Research Centre and Fujairah Environment Authority Foster Alliances with Academic and Beekeeping Entities

In a landmark moment during the Fujairah International Conference on Bee Research which concluded recently, Fujairah Research Centre (FRC) and Fujairah Environment Authority (FEA) proudly announced the signing of three Memorandums of Understanding (MoUs) with esteemed partners: The University...

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Tourism & Hospitality | Thursday 26 October, 2023 12:39 am

Dur Hospitality Joins the World Tourism Organization (UNWTO)

Dur Hospitality, the leading Saudi hospitality company, announced joining the United Nations World Tourism Organization (UNWTO). The organization approved Dur Hospitality's membership request during the 25th session of the UNWTO General Assembly, which took place in Samarkand, Uzbekistan. By...

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Tourism & Hospitality | Wednesday 25 October, 2023 9:42 am

GRAND MILLENNIUM BUSINESS BAY AWARDED AS WORLD CLASS BUSINESS HOTEL AT THE MUSE HOTEL AWARDS 2023

Grand Millennium Business Bay, a leading name in the global hospitality industry, has been distinguished as the "World Class Business Hotel – Platinum Winner" at the highly prestigious MUSE Hotel Awards 2023. This remarkable accolade solidifies Grand Millennium Business Bay's...

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Business & Money | Wednesday 25 October, 2023 9:27 am

NEOM Investment Fund Invests USD 100M in Pony.ai to Activate Autonomous Vehicles in NEOM and Across the Middle East

NEOM, the smart and sustainable regional development in northwest Saudi Arabia, announces an investment of USD 100 million, through the NEOM Investment Fund (NIF), into Pony.ai, a leading global autonomous driving company. Additionally, a joint venture will be established for autonomous technology...

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Environment & Energy | Wednesday 25 October, 2023 9:25 am

RAKEZ welcomes innovative climate-tech company Carbon Alert

Ras Al Khaimah Economic Zone (RAKEZ) welcomed an innovative climate technology company – Carbon Alert. A first-of-its-kind business in the Northern Emirates, the company is focused on reducing overall global carbon emissions by providing high-quality carbon credits to regulated...

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