Business & Money | Tuesday 10 December, 2024 9:48 am

Riyadh Development signs SAR 227M partnership deal to develop logistics complex in Riyadh

Riyadh Development Co. (ARDCO) signed today, Dec. 9, a strategic partnership agreement to develop a logistics complex project in Riyadh with Agility Logistics Parks for SAR 227 million. In a statement to Tadawul, the company said the contract entails developing the 97,904-square-meter...

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Business & Money | Tuesday 10 December, 2024 9:42 am

Saudi Networkers renews SAR 55.2M credit facilities with BSF

Saudi Networkers Services Co. renewed, on Dec. 9, a Shariah-compliant credit facilities agreement worth SAR 55.2 million with Banque Saudi Fransi (BSF). In a statement to Tadawul, the company said the funding period was extended until Oct. 15, 2025, and the credit will be used to...

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Business & Money | Tuesday 10 December, 2024 9:38 am

Riyadh Metro project costs $25B: Minister

Ibrahim Al-Sultan, Minister of State, Member of the Council of Ministers, and CEO of the Royal Commission for Riyadh City (RCRC), said the total cost of the Riyadh Metro project amounted to $25 billion, Rotana Khalejia reported. He added that the cost per kilometer of the project reached $166...

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Business & Money | Tuesday 10 December, 2024 9:34 am

DIFC consolidates position as UAE’s top destination for Chinese financial institutions and multinational companies

 Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, has strengthened its position as a strategic gateway to the region, for Chinese financial institutions and multinational firms. Chinese firms are using DIFC...

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Business & Money | Tuesday 10 December, 2024 9:32 am

Dubai Customs' Volunteer Initiatives Touch Over 90,000 Lives in Nine Months

Dubai Customs has reported an impressive milestone in its volunteer efforts, positively impacting more than 90,000 individuals in the first nine months of this year. The organization implemented 23 diverse community-focused initiatives, with 669 employees contributing over 3,000 hours of volunteer...

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Business & Money | Tuesday 10 December, 2024 9:00 am

AJi Group Wins Three Prestigious Awards in Design and Engineering in the Middle East for 2024

Amman - The design and engineering sector in the Middle East is witnessing exceptional growth, driven by large-scale infrastructure, real estate, and smart city projects that are reshaping the region. As the demand for innovative and sustainable solutions increases, engineering and architectural...

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Culture & Education | Monday 9 December, 2024 1:37 pm

Canadian University Dubai launches Master of Public Health program

 New graduate degree to develop public health leaders and increase capacity in the sectorCanadian University Dubai (CUD) has launched an innovative new graduate program in public health, aimed at advancing the careers of public health professionals and boosting human capital in the sector. The ...

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Business & Money | Monday 9 December, 2024 11:30 am

SAPTCO wins SAR 114M shuttle service contract in Madinah

Saudi Public Transport Co. (SAPTCO) received today, Dec. 8, a notice of award from the Madinah Region Development Authority (MRDA) for a shuttle transport project serving pilgrims in Madinah. In a statement to Tadawul, SAPTCO said the project is valued at SAR 113.85 million, inclusive of...

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Business & Money | Monday 9 December, 2024 11:27 am

Hub71, Google partner to accelerate startup growth in UAE

Hub71, Abu Dhabi’s global tech ecosystem, signed a strategic partnership with Google to accelerate startup growth in the UAE. This partnership introduces Google’s startup programme, Google for Startups’ to Abu Dhabi, creating unique opportunities for Hub71 startups to continue a...

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Business & Money | Monday 9 December, 2024 11:24 am

Expo Sharjah participates in Cosmoprof India 2024

Expo Centre Sharjah took part in Cosmoprof India 2024, a leading global event for the beauty market, held in Mumbai from 5th to 7th December, with participation from over 700 international brands and exhibitors.Expo Sharjah’s participation in this prestigious event reflects the centre’s...

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