Business & Money | Monday 20 May, 2024 11:36 am

Saudi Arabia seeks global partnerships to shape aviation future: Minister

Saudi Arabia is committed to appoint an efficient global management for the aviation industry and is seeking to cooperate with global partners to determine the future of the industry, said Saleh Al-Jasser, Minister of Transport and Logistics Services and Chairman of the General Authority of Civil...

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Business & Money | Sunday 19 May, 2024 10:57 am

Ajman Bank wins 'Islamic Digital Banking Provider of the Year Award'

Ajman Bank has won the “Islamic Digital Banking Provider of the Year Award” at the MEA Finance Banking Technology Summit & Awards 2024. The awards ceremony, which took place at the Ritz-Carlton at the Dubai International Financial Centre (DIFC), was attended by more than 300 senior...

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Business & Money | Sunday 19 May, 2024 10:54 am

Dubai Land Department launches initiative for real estate technology

Dubai Land Department (DLD) has launched the Real Estate Evolution Space Initiative - ‘REES’, which will gather thought leaders and industry professionals to spur a wave of progress capable of redefining the urban landscape. The event brought together over 200 sector partners, officials...

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Business & Money | Sunday 19 May, 2024 10:49 am

Aramco signs 3 MoUs with American companies to advance development of lower-carbon energy solutions

The Saudi Arabian Oil Company Aramco today announced the signing of three Memoranda of Understanding (MoUs) with leading American companies to advance the development of potential lower-carbon energy solutions. The MoUs were signed in the presence of Minister of Energy for the Kingdom of Saudi ...

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Business & Money | Sunday 19 May, 2024 10:47 am

Hamdan bin Mohammed inaugurates Dubai AI Campus cluster at DIFC Innovation Hub

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of The Executive Council of Dubai and Chairman of the Higher Committee for Future Technology and Digital Economy, today inaugurated the Dubai AI Campus cluster at the Innovation Hub, Dubai International Financial ...

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Business & Money | Sunday 19 May, 2024 10:32 am

Zain KSA Secures SAR 1.625 Billion Supplier Financing from Al Rajhi Bank

Zain KSA, the leading provider of communications and digital services in the Kingdom of Saudi Arabia, announced the signing of a supplier financing agreement worth SAR 1.625 billion with Al Rajhi Bank to invest in expanding its 5G network and strengthening its infrastructure to support the business ...

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Business & Money | Sunday 19 May, 2024 10:30 am

New Murabba: A Destination for the Future Saudi of Urban Development

New Murabba – a PIF company - one of the leading players in Saudi Arabia's giga-project landscape, solidified its commitment to shaping the future of Riyadh and global urban development at the recently concluded MENA Construction Summit Saudi Giga Projects 2024. The summit offered a...

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Business & Money | Sunday 19 May, 2024 10:11 am

Klaim, Tharwat Tuwaiq ink MoU to launch SAR 50M fund to support small, medium-sized clinics

Klaim for Information Technology, has signed a new strategic memorandum of understanding with Tharwat Tuwaiq Financial Company. The MoU aims to support small and medium-sized clinics by providing them with a new venue for financial sustainability, while concurrently enhancing access to healthcare...

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Business & Money | Saturday 18 May, 2024 7:18 am

GEA licenses 1,673 entertainment activities in Q1 2024

The General Entertainment Authority (GEA) issued more than 1,673 entertainment licenses in the first quarter of 2024, an increase of 28% compared to the same period of 2023.   In a statement, the authority said the licenses included all entertainment and support activities, namely...

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Business & Money | Saturday 18 May, 2024 7:08 am

Saudi Arabia aims to boost investment in manufacturing sector: Official

The Ministry of Industry and Mineral Resources seeks to increase investment in the manufacturing sector and tap the rapid growth in the Kingdom, said Khalil bin Salamah, Deputy Minister for Industry Affairs.   In a statement, bin Salamah added that the ministry seeks to maximize...

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