Government | Wednesday 2 August, 2023 12:58 pm

PIF hires banks for sukuk sale

The Public Investment Fund (PIF) hired banks for its the first dollar-denominated sukuk sale to help finance its global spending plans, Bloomberg reported, citing sources familiar with the matter. The Saudi wealth fund mandated HSBC Holdings, Standard Chartered, Emirates NBD Bank, and Al Rajhi ...

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Government | Wednesday 2 August, 2023 12:41 pm

RAKEZ concludes successful business mission in Canada

Ras Al Khaimah Economic Zone (RAKEZ) team concluded a successful business tour in Canada aimed at building strategic ties with Canadian investors and showcasing the multitude of opportunities that the emirate of Ras Al Khaimah offers.   This visit was part of RAKEZ’s strategic...

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Culture & Education | Wednesday 2 August, 2023 11:39 am

Ithra and Royal Commission for AlUla partner to accelerate growth of the Kingdom’s creative industries

The King Abdulaziz Center for World Culture (Ithra) and the Royal Commission for AlUla (RCU) are excited to invite entries for the 6th edition of the Ithra Art Prize under a comprehensive partnership to promote and grow the arts and cultural industries across Saudi Arabia. The open call for the...

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Government | Wednesday 2 August, 2023 9:43 am

Economy and Planning Minister Discusses Strengthening Economic and Trade Cooperation with Spanish Ambassador

Saudi Minister of Economy and Planning Faisal bin Fadel Al-Ibrahim discussed today with the Spanish Ambassador to the Kingdom of Saudi Arabia, Jorge Hevia, promoting economic and trade cooperation as well as the latest developments in the activities of the Saudi-Spanish Joint Committee...

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Environment & Energy | Wednesday 2 August, 2023 9:32 am

ADNOC and Occidental to evaluate carbon management projects in UAE, US to accelerate net zero goals

ADNOC and Occidental today announced they have signed a strategic collaboration agreement (SCA) to evaluate potential investment opportunities in carbon dioxide (CO2) capture and storage (CCS) hubs in the United Arab Emirates (UAE) and United States (US), with a view to develop a carbon management...

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Technology & IT | Wednesday 2 August, 2023 9:15 am

HONOR Announces the Official Availability of HONOR 90 & HONOR Pad X9 in KSA Market

HONOR, the global technology brand, has recently announced the official release of the much-anticipated HONOR 90 5G & HONOR Pad X9 in KSA. These innovative devices introduce cutting-edge technologies and advanced features that will revolutionize user’s experience. The HONOR 90 5G is...

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Government | Wednesday 2 August, 2023 8:57 am

Dubai Maritime Authority acts to strengthen consumer protection

The Dubai Maritime Authority (DMA) at the Ports, Customs and Free Zone Corporation, the regulator of the shipping and maritime sector in Dubai, today announced the introduction of ADMINISTRATIVE DECISION NO. 2 OF 2023 ON THE TRANSPARENCY OF LOCAL SEA CONTAINER CHARGES IN DUBAI DIRECTIVE, which is...

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Tourism & Hospitality | Wednesday 2 August, 2023 1:49 am

The Top Three Priorities for Business Travellers in 2023

Almost 90% of global business travellers report that the uncertain economy has affected travel within their companies. As a result, more than a third of businesses now require travellers to opt for lower airline fares, even if it means enduring layovers, indirect routes, or using alternative...

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Environment & Energy | Wednesday 2 August, 2023 12:59 am

Amouage Prepares for First Frankincense Harvest at UNESCO World Heritage Site ‘Wadi Dawkah’

Amouage, the Omani international High Perfumery House, celebrates a milestone in its sustainable development initiative to perpetuate traditional craftsmanship among its newly recruited local workforce as they prepare for the first Frankincense harvest at the UNESCO World Heritage Site Wadi Dawkah. ...

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Government | Wednesday 2 August, 2023 12:25 am

UAE highlights inclusion of culture in climate action at G20 Culture Working Group meeting

The Ministry of Culture and Youth’s (MCY) delegation participated in the third G20 Culture Working Group’s (CWG) meeting held in Hampi, India to present the UAE’s viewpoint on the culture-related priorities set forth by the Indian presidency. G20 members, guest nations and...

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