Business & Money | Thursday 28 November, 2024 4:44 pm

RIBA strengthens Gulf presence and partnerships

As part of its work to promote architectural excellence and grow its global membership, the Royal Institute of British Architects (RIBA) has been taking steps to strengthen its presence and strategic partnerships in the Gulf. This work coincides with the 15th anniversary of the RIBA Gulf...

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Business & Money | Thursday 23 January, 2025 11:42 am

KHC explores TikTok investment, files for Flynas IPO: CEO

Kingdom Holding Co. (KHC) could invest in TikTok if Elon Musk or others opt for a buyout, CEO Talal Al-Maiman said, Al Arabiya TV reported. On the sidelines of the World Economic Forum at Davos, Al-Maiman indicated that there is no intention currently to invest in other companies...

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Business & Money | Thursday 23 January, 2025 11:39 am

DIAC, Opus 2 partner to enhance dispute resolution experience

Dubai International Arbitration Centre (DIAC) and Opus 2, a legal software and hearing services provider, today announced a strategic technology partnership. The collaboration will deliver an innovative arbitration solution and cutting-edge hearing technology to better serve the users of...

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Business & Money | Thursday 23 January, 2025 11:38 am

Oraseya Capital tops list of investors in UAE, MENA region for 2024

Oraseya Capital, the investment arm of Dubai Integrated Economic Zones Authority (DIEZ), has been recognised as the most active investor by number of deals in the UAE for 2024, according to the UAE Venture Investment Report from MAGNiTT, the venture capital data platform. Oraseya Capital,...

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Business & Money | Thursday 23 January, 2025 11:30 am

CBUAE issues silver commemorative coins marking Golden Jubilee

The Central Bank of the United Arab Emirates (CBUAE) has announced the issuance of silver coins to mark the bank's Golden Jubilee. The CBUAE's 50th anniversary silver coin embodies its achievements in developing the banking and financial sector over the past decades. This coin signifies its...

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Business & Money | Thursday 23 January, 2025 11:27 am

UAE leads AI technology adoption, says Oracle

Oracle, a global leader in information technology and database solutions, has affirmed that the UAE and the region are experiencing exceptional growth in adopting artificial intelligence (AI) and cloud computing technologies, driven by government initiatives encouraging technological adoption and...

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Business & Money | Thursday 23 January, 2025 11:24 am

Sharjah’s real estate transactions hit record AED40 billion in 2024

The Sharjah real estate has succeeded in achieving exceptional and unprecedented growth during 2024, with transactions volume amounting to AED 40 billion, and a growth rate of 48 percent compared to 2023. Abdulaziz Ahmed Al Shamsi, Director-General of the Sharjah Real Estate Registration...

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Business & Money | Thursday 23 January, 2025 11:22 am

GCAA achieves 7 awards at Middle East & North Africa Stevie Awards

The General Civil Aviation Authority (GCAA) has achieved remarkable recognition at the 2025 Middle East & North Africa Stevie Awards, securing seven prestigious awards, including four Gold and three Silver. This milestone underscores GCAA's unwavering commitment to excellence, innovation,...

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Business & Money | Thursday 23 January, 2025 11:08 am

AD Ports Group, Egyptian Ministry of Industry and Transport sign MoU to explore logistics infrastructure collaborations in Alexandria

AD Ports Group, a leading facilitator of global trade, logistics and industry, announced today the signing of a Memorandum of Understanding (MoU) with the Egyptian Ministry of Industry and Transport to explore joint development and operations an integrated logistics Park in Alexandria. The...

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Business & Money | Thursday 23 January, 2025 11:05 am

Riyad Bank completes SAR 2B sukuk offering

Riyad Bank completed its SAR-denominated additional Tier 1 capital sukuk issuance under its SAR additional Tier 1 Sukuk program, worth SAR 2 billion, the lender said in a statement on Tadawul. The sukuk will be settled on Jan. 23, the statement added. Sukuk Issuance DetailsOffer ...

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Business & Money | Thursday 23 January, 2025 10:59 am

Saudi Sports for All Federation Partners with Kuwait’s Suffix Launched with Saracen Race in the Kingdom

The Saudi Sports for All Federation (SFA) has signed a four-year partnership with Kuwait-based Suffix, a prominent company in the sports industry, to host the Saracen Race in Saudi Arabia for the first time. The race will take place in three different cities within the Kingdom, aiming to promote...

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