Business & Money | Wednesday 25 September, 2024 12:54 pm

CIPS MENA Leads the Charge in AI-Driven Procurement Transformation

The Chartered Institute of Procurement and Supply (CIPS) MENA continues to shape the future of procurement with its exclusive masterclass on the transformative role of AI in procurement and supply chain management. The event, which took place last week at Burj Al Arab in Dubai, placed a spotlight...

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Business & Money | Wednesday 25 September, 2024 11:00 am

Global Rail begins 8 October under patronage of Mansour bin Zayed

The inaugural Global Rail Transport Infrastructure Exhibition and Conference (Global Rail) is set to take place from 8th to 10th October at ADNEC, Abu Dhabi. Held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the...

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Business & Money | Wednesday 25 September, 2024 10:48 am

Emirates NBD and Landmark Retail sign first private sector ESG-linked working Capital facility agreement in Saudi

Emirates NBD, the leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has announced the signing of an ESG-linked working Capital facility with Landmark Retail: the leading value conglomerate in the retail sector in the Middle East. This marks the first time a private...

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Business & Money | Wednesday 25 September, 2024 10:42 am

Riyadh Season Card Wembley Edition: A Saudi Mark in the World of Records

Riyadh Season has set a new record in the UK, with 98,128 attendees at the historic Riyadh Season Card Wembley Edition boxing event. The event, which began with the Saudi national anthem, was attended by His Excellency the chairman of the General Entertainment Authority’s board of directors Mr....

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Business & Money | Wednesday 25 September, 2024 10:35 am

Dell and Ejada Sign MoU to Drive New Opportunities in Artificial Intelligence and Multi-Cloud Solutions

Dell Technologies and Ejada today signed a Memorandum of Understanding (MoU) to collaborate and explore growth opportunities in artificial intelligence (AI), generative AI, and multi-cloud solutions using Dell’s APEX consumption models. Under the terms of the MoU, both Dell and the...

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Business & Money | Wednesday 25 September, 2024 10:27 am

DAR GLOBAL AND MOUAWAD HIGH JEWELLERY HOUSE UNVEIL SAR 880 MILLION LANDMARK RESIDENTIAL PROJECT

Dar Global, the London-Stock Exchange listed international real estate company, has entered into a landmark partnership with Mouawad, the luxury jeweler, to launch a unique SAR 880 million (GBP 180 million) residential project close to World Expo 2030 in the North of Riyadh. The high-profile...

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Cars & Autos | Wednesday 25 September, 2024 10:21 am

Al-Futtaim Electric Mobility Company Unveils First BYD Abu Dhabi Showroom: Pioneering Electric Innovation in the Capital

Abu Dhabi, UAE –  The urban mobility landscape of Abu Dhabi is set for a rapid green evolution as Al-Futtaim Electric Mobility Company has just announced the opening of a brand-new BYD Showroom and Discovery Center, located in the heart of the city’s automotive hub - Rabdan.This...

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Business & Money | Wednesday 25 September, 2024 10:08 am

Banan board OKs establishing real estate development company

Banan Real Estate Co.'s board of directors gave the go-ahead for establishing a simplified joint stock company specialized in real estate development and investment, in partnership with its subsidiary, Al-Azizah Real Estate Investment and Development Co., and other shareholders. In a statement ...

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Business & Money | Wednesday 25 September, 2024 10:04 am

Lana secures SAR 5M credit facilities from BSF

Lana Medical Co. obtained Shariah-compliant credit facilities worth SAR 5 million from Banque Saudi Fransi (BSF). In a statement to Tadawul, the company said that the financing term is 1,080 days and the amount is covered by promissory notes. The credit facilities were obtained to finance ...

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Business & Money | Wednesday 25 September, 2024 10:00 am

Saudi Arabia draws $144B in foreign investments, says Alkhorayef

Saudi Arabia attracted $144 billion in foreign investments as part of Vision 2030, aiming to drive further growth by expanding industrial exports to reach $150 billion by 2030, said Minister of Industry and Mineral Resources Bandar Alkhorayef. In a press release picked up by Argaam, Alkhorayef ...

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