Tourism & Hospitality | Saturday 23 September, 2023 12:10 am

SAUDIA Inaugurates Maiden Flight to Red Sea International Airport from Riyadh

SAUDIA, the national flag carrier of Saudi Arabia, has announced the commencement of flights between Red Sea International Airport and King Khalid International Airport in Riyadh.  The maiden flight, SV1571, departed from Riyadh at 10:50 am on Thursday, September 21, covering the...

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Government | Friday 22 September, 2023 5:54 pm

Ministry of Finance participates in first GCC Common Market Committee-Federation of GCC Chambers meeting

A UAE delegation participated in the inaugural meeting between the Gulf Cooperation Council (GCC) Common Market Committee and the Federation of GCC Chambers of Commerce and Industry (FGCC Chambers) at the headquarters of the Advisory Board of the GCC Supreme Council in Muscat, Oman.The meeting...

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Tourism & Hospitality | Friday 22 September, 2023 5:52 pm

Etihad Airways earns 3rd consecutive five-star rating at APEX award

Etihad Airways, the UAE’s national airline, has been rated as a Five-Star Global Airline by the Airline Passenger Experience Association (APEX) for the third consecutive year.The rating recognises the airline’s excellence and was announced on 20th September at the APEX Awards Ceremony in Long...

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| Friday 22 September, 2023 5:49 pm

DEWA participates in 'Digital School’s Donate Your Own Device' campaign

Dubai Electricity and Water Authority (DEWA) is participating in the “DYOD: Donate Your Own Device” campaign. The campaign was launched by the Digital School, under the umbrella of the Mohammed bin Rashid Al Maktoum Global Initiatives, in collaboration with the Emirates Red Crescent...

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Business & Money | Friday 22 September, 2023 5:48 pm

H.E. Abdulla bin Touq al Marri unveils key pillars for transforming UAE food and agriculture sector into global power

The UAE Minister of Economy, H.E. Abdulla bin Touq al Marri, affirmed the UAE’s commitment to transforming its food and agriculture sector to grow its contribution to GDP by $10 billion and creating 20,000 jobs in the next five years and unveiled the seven key pillars of the strategic direction...

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Business & Money | Friday 22 September, 2023 5:46 pm

ADIB redeems $750 million perpetual Sukuk issued in 2018

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announced that it has successfully completed the planned redemption of its USD 750 million additional tier-one (AT1) perpetual sukuk on the first call date, September 20, 2023. These sukuks were issued on 20th September 2018 at a...

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Business & Money | Friday 22 September, 2023 3:05 am

MODON says SAR 500 mln vaccine firm to be set up in Sadeer

The Saudi Authority for Industrial Cities and Technology Zones (MODON) agreed with Vaccine Industrial Co. (Vaccine) to set up a SAR 500 million factory in Sadeer City to strengthen the pharmaceutical security system and localize the manufacturing of vaccines and biomedicines in the...

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Business & Money | Friday 22 September, 2023 1:39 am

Tam Development, SAB sign SAR 25 mln facility agreement

Tam Development Co. announced, on Sept. 20, the signing of a SAR 25 million Shariah-compliant facility agreement with Saudi Awwal Bank (SAB).  The facility has a 12-month duration, with a promissory note worth the amount of...

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Business & Money | Friday 22 September, 2023 1:36 am

RCRC publishes tender for design, implementation of Wadi Laban Bridge

The Royal Commission for Riyadh City (RCRC) announced the launch of a tender for the design and implementation of Wadi Laban Cable-Stayed Bridge. According to the commission’s data, the tender aims to design and implement the development of the Wadi Laban Cable-Stayed Bridge and increase its ...

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Business & Money | Friday 22 September, 2023 1:21 am

Azizi Developments partners with Finnish brand ‘Lappset’ for Riviera

Azizi Developments, a leading private developer in the UAE, has partnered with renowned Finnish brand Lappset for the supply of premium kids’ play equipment, including play planetariums, slides, swings and more, for the second and third phases of Azizi’s mega-project Riviera, located in the...

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