Business & Money | Wednesday 13 September, 2023 9:59 am

AlUla Development Company signs agreement with Marriott International to bring Autograph Collection Hotels to AlUla in Saudi Arabia

AlUla Development Company (UDC), fully owned by the Public Investment Fund (PIF), has signed recently an agreement with Marriott International to open an Autograph Collection property in Saudi Arabia. Expected to open in 2025, the hotel will be located in the heart of downtown AlUla. The...

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Business & Money | Wednesday 13 September, 2023 9:58 am

Tanmiah Food Company and MHP SE Invests in Poultry Value Chain to Enhance Food Security in Saudi Arabia

Tanmiah Food Company (TADAWUL: 2281, “Tanmiah” or “The Company”) is pleased to announce the signing of the shareholder agreement between its fully owned subsidiary, Desert Hills Veterinary Services Company Limited (DHV) with MHP SE (LSE: MHPC, ‘MHP’), the leading international food ...

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Business & Money | Wednesday 13 September, 2023 9:55 am

SAUDIA becomes first airline to operate to and from Red Sea International airport

: Saudi Arabian Airlines (SAUDIA), the national carrier of Saudi Arabia, has signed a memorandum of understanding with the Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations “The Red Sea” and...

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Environment & Energy | Wednesday 13 September, 2023 9:52 am

Zayed Sustainability Prize Announces 33 Finalists Advancing Global Sustainability Initiatives

The Zayed Sustainability Prize, the UAE’s pioneering global sustainability and humanitarian award, has announced this year's finalists following a deliberation by its esteemed Jury.   The winners will be announced at the Zayed Sustainability Prize Awards Ceremony on 1 December ...

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Technology & IT | Wednesday 13 September, 2023 9:43 am

Kaspersky reveals three-year long suspected supply chain attack targeting Linux

Kaspersky unveiled a malicious campaign in which an installer of the Free Download Manager software had been employed to disseminate a Linux backdoor for a minimum of three years. Researchers discovered that victims were infected when they downloaded the software from the official website,...

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Business & Money | Wednesday 13 September, 2023 9:41 am

du and Hashgraph Association partner to revolutionise blockchain solutions at Envision 2023

du, from Emirates Integrated Telecommunications Company (EITC), inked a groundbreaking partnership with The Hashgraph Association at Envision 2023. The collaboration focuses on harnessing the potential of the Hedera blockchain to offer secure, traceable, and scalable solutions on a corporate...

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Business & Money | Wednesday 13 September, 2023 9:40 am

‎“Royal Commission for Makkah City and Holy Sites” Launches the Largest Real Estate Fund Valued at SAR 11 Billion

The Royal Commission for Makkah City and Holy Sites announced today the launch of the largest real estate fund, valued at SAR 10.93 billion, in partnership with Thakher Development Company and Albilad Capital. The establishment of the fund aims to develop the Al Kidwa area located south of the ...

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Business & Money | Wednesday 13 September, 2023 9:34 am

FedEx Introduces FedEx® Sustainability Insights to Support Customer Emissions Reporting

FedEx Corp. (NYSE: FDX) has launched a new tool, FedEx® Sustainability Insights (FSI), giving customers across Asia Pacific, Middle East, and Africa (AMEA) markets* access to emissions information on their shipments within the FedEx network. They can use the data to help make informed decisions on ...

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Environment & Energy | Wednesday 13 September, 2023 9:25 am

17th Annual Global Wellness Summit to Offer Simultaneous Translation in 30+ Languages with Wordly

The 17th Annual Global Wellness Summit, the premier event in the global wellness industry, is set to take place from November 6-9, 2023, at the world’s first sustainably regenerated district in Msheireb Downtown Doha. This year, the Global Wellness Summit will feature a groundbreaking partnership ...

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Business & Money | Wednesday 13 September, 2023 8:52 am

UAE's Financial Wealth to Grow by 5.5% Annually, Reaching USD 1.3 Trillion by 2027

The United Arab Emirates (UAE) financial wealth is anticipated to experience a robust Compound Annual Growth Rate (CAGR) of 5.5% in new wealth, rising from USD 1 trillion to USD 1.3 trillion from 2022 to 2027, according to a new report by Boston Consulting Group (BCG). The BCG report, titled...

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