Business & Money | Thursday 7 September, 2023 8:48 am

KAFD a Platinum Sponsor of Cityscape Global Exhibition in Riyadh

The King Abdullah Financial District Development & Management Company (KAFD DMC) today announced its participation as a Platinum Sponsor in the Cityscape Global Exhibition. This event, being held for the first time in Riyadh, will take place at the Riyadh Exhibition and Convention Centre...

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Business & Money | Thursday 7 September, 2023 8:44 am

DIFC and GEFI Continue to Drive Action for Climate finance and Announce Additional Event Programme.

Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region, in partnership with UK-based Global Ethical Finance Initiative (GEFI), announces a series of ground-breaking events that will take place in DIFC during the...

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Government | Thursday 7 September, 2023 7:56 am

IMF report affirms Saudi solid financial stance, fiscal transparency: Al-Jadaan

Saudi Minister of Finance Mohammed Al-Jadaan welcomed the International Monetary Fund’s (IMF) praise of the reforms taking place in the Saudi economy and the Kingdom’s continuing efforts to implement economic and financial reforms. He particularly noted the fund's reference to the...

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Technology & IT | Wednesday 6 September, 2023 8:51 pm

Saudi Arabia Leads Middle East in Digital Experience AI Investments

A leading digital experience (DX) event of the Middle East, ‘The Digital Experience Show Middle East 2023,’commenced on September 5 (Tuesday) in Riyadhempowering several Middle Eastern organisations to embark on a forward-thinking digital business strategy to attain category...

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Business & Money | Wednesday 6 September, 2023 1:45 pm

ADEX signs US$100m line of credit agreement with National Bank of Egypt to boost Emirati exports

Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), has signed a financing agreement with the National Bank of Egypt (NBE), reinforcing trade and economic relations between the UAE and Egypt. This landmark collaboration solidifies the longstanding...

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Environment & Energy | Wednesday 6 September, 2023 1:42 pm

NWC completes main water pipeline project under Phase I of Riyadh City Water Strategic Plan at SR +84m

The National Water Company (NWC) announced the recent completion of the construction of main water pipelines with various diameters and a length of more than 34 kilometers. The total cost was more than 84 million Saudi Riyals to support the daily distribution system in the north of Riyadh. The ...

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Business & Money | Wednesday 6 September, 2023 10:57 am

Emirates NBD launches Sustainable Finance Framework

As part of its long-term commitment to sustainability, Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has launched its Sustainable Finance Framework. The new Framework allows for the issuance of green and sustainable debt instruments to ...

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Technology & IT | Wednesday 6 September, 2023 10:18 am

HONOR's V Purse: A Fusion of Fashion and Tech Redefining the Future of Lifestyle

Over the last 15 years, the widespread adoption of smartphones has indelibly changed the world, giving us access to a universe of information at our fingertips. As a human-centric brand, HONOR remains steadfast in its mission to break the boundaries of technology and explore the possibilities of...

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Business & Money | Wednesday 6 September, 2023 9:43 am

Azizi Developments and Siemens sign MoU to achieve UAE’s sustainability goals

Azizi Developments, a leading private developer in the UAE, has signed an MoU with Siemens, the German technology company, to further the energy efficiency of its smart buildings and to thereby work towards a more sustainable, net-zero future. As part of this newly-formed collaboration,...

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Environment & Energy | Wednesday 6 September, 2023 9:40 am

Saudi Arabia extends voluntary cut of 1 mln bpd for additional 3 months

Saudi Arabia extended the voluntary oil cut of one million barrels per day (bpd) for additional three months until December 2023, Saudi Press Agency reported, citing an official source from the Ministry of Energy. The cut was implemented in July and was extended to include August and...

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