12 Dhu al-Hijjah 1445 - 19 June 2024
    
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Eye of Riyadh

Saudi Arabia’s Travel & Tourism Breaks All Records
Tourism & Hospitality | Monday 10 June, 2024 10:13 am
The World Travel & Tourism Council’s 2024 Economic Impact Research (EIR) has revealed a record-breaking year for Travel & Tourism in Saudi Arabia, with new records in GDP contribution, sector jobs and visitor spend. Saudi Arabia’s Travel & Tourism sector is now soaring past all ...
Ras Al Khaimah Ruler inaugurates Sobha Modular Industries’ new manufacturing facility in the Emirate
Business & Money | Monday 10 June, 2024 9:08 am
His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, recently inaugurated Sobha Modular Industries’ new manufacturing facility in Al Hamra, Ras Al Khaimah. A subsidiary of Sobha Group,  Sobha Modular Industries manufactures aluminium...
Suhail Al Mazrouei affirms UAE’s readiness to cooperate with BRICS countries in driving sustainable transport
Tourism & Hospitality | Monday 10 June, 2024 9:06 am
Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, participated in the Meeting of BRICS Ministers of Transport, hosted in St. Petersburg, Russia, to drive international cooperation and sharing of experiences in the transport sector. In his speech at the meeting, Al...
Sharjah delegation wraps up Shanghai visit with 20+ key meetings to boost development, economic ties
Tourism & Hospitality | Monday 10 June, 2024 8:58 am
At the conclusion of a seven-day visit to the People’s Republic of China, a Sharjah delegation led by the Department of Government Relations (DGR) held a series of meetings in Shanghai, the country’s most populous city and economic capital. Between June 6th and 8th, the delegation...
Emirati Human Resources Development Council offers over 100 job opportunities for UAE citizens
Business & Money | Monday 10 June, 2024 8:56 am
The Emirati Human Resources Development Council in Dubai offered more than 100 job opportunities exclusively for Emiratis. These opportunities were featured in an Open Day event held to foster local talent and provide valuable career opportunities, and saw the participation of several...
ADNOC fully redeems Exchangeable Bonds in ‘ADNOC Distribution’
Business & Money | Monday 10 June, 2024 8:53 am
Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) confirmed that it has redeemed in full its US Dollar-denominated senior unsecured bonds (Exchangeable Bonds) in Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution). ADNOC paid Bondholders a total amount of $1.199 billion ...
National Building inks SAR 300M contract with Al-Fayzia Real Estate
Business & Money | Monday 10 June, 2024 8:47 am
National Building and Marketing Co. signed today, June 9, a SAR 300 million contract with Al-Fayzia Real Estate Development Co. to build office and residential towers (Al Raed Project), according to a statement to Tadawul. The three-year contract includes carrying out the infrastructure and...
Al Rajhi Capital to conduct market-making activities on Banan
Business & Money | Monday 10 June, 2024 8:41 am
The Saudi Exchange Co. (Tadawul) approved Al Rajhi Capital’s application for conducting market-making activities on Nomu-listed Banan Real Estate Co. as of June 11.  According to a Tadawul filing today, June 9, the market maker obligations on Banan are as follows: -...
MSA Novo, King Abdullah University of Science and Technology (KAUST) Sign MoU to Drive Innovation and Growth in Saudi Arabia
Business & Money | Monday 10 June, 2024 8:34 am
In a significant move to bolster the Saudi start-up ecosystem, MSA Novo has signed a memorandum of understanding (MoU) with King Abdullah University of Science and Technology (KAUST). This partnership underscores MSA Novo’s commitment to fostering innovation and entrepreneurship in Saudi...
Maktoum bin Mohammed meets with Co-Founder, Co-Chairman of Carlyle Group
Business & Money | Monday 10 June, 2024 6:15 am
H.H. Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, and President of the Dubai International Financial Centre (DIFC), today held a meeting with David M. Rubenstein, Co-Founder and Co-Chairman of The Carlyle Group, one of the...
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Federal regulators align to champion AGWA
Federal regulators align to champion AGWA
Sunday 16 June, 2024 11:00