Business & Money | Tuesday 26 March, 2024 11:30 am

Dubai Customs Clinches Elite Award in 2024 Dubai Government Excellence (DGE) program

Dubai Customs once again secured the prestigious Elite Award in the 2024 cycle of the Dubai Government Excellence (DGE) program. This recognition, presented by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, serves as a testament to...

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Business & Money | Tuesday 26 March, 2024 10:24 am

Saudi Ministry of Investment Signs MoU with Global Tech Leader, Endava, to Accelerate Digital Advancement in the Kingdom

In its ongoing effort to enable world-leading technology companies to establish thriving operations in Saudi Arabia, supporting digital transformation in the Kingdom in line with Saudi Vision 2030, the Ministry of Investment of Saudi Arabia (MISA) today signed an MoU with Endava, the technology...

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Business & Money | Monday 25 March, 2024 12:54 pm

RAKEZ launches HS&E Appreciation Awards to honour leading companies for outstanding HS&E practices

Ras Al Khaimah Economic Zone (RAKEZ) recently celebrated the exceptional dedication and achievements in Health, Safety, and Environmental (HS&E) practices of its companies through the introduction of the HS&E Appreciation Awards. This initiative underscores the remarkable compliance efforts ...

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Business & Money | Monday 25 March, 2024 11:41 am

Azizi Developments advances rapidly in its digital transformation journey

Azizi Developments, a leading private developer in the UAE, is progressing swiftly in its digital transformation journey, further integrating various high-quality IT Service Management (ITSM) processes, and implementing a range of cutting-edge tools. Azizi has implemented a large plethora of...

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Business & Money | Monday 25 March, 2024 11:21 am

Mulkia REIT signs agreement to acquire new property in Riyadh for SAR 200M

Mulkia Gulf Real Estate REIT Fund signed an acquisition agreement to buy a new real estate property, Malathak Tower 2, in Riyadh's Al-Maathar neighborhood, Mulkia Investment Co., fund manager and operator, said in a statement to Tadawul.   Acquisition details PropertyMalathak...

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Business & Money | Monday 25 March, 2024 11:06 am

Group Five signs SAR 3B contract with SWCC

Group Five Pipe Saudi Co. signed on March 24 a 22-month contract worth SAR 3 billion, including value-added tax (VAT), with Saline Water Conversion Corporation (SWCC) for the Ras Al Khair-Riyadh water transportation system project.   The contract covers the manufacture and supply of...

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Business & Money | Monday 25 March, 2024 11:05 am

Farnek ‘LEEDs’ Burj Khalifa to prestigious international sustainability award

Through its sustainability and consultancy division, leading UAE-based smart and green total FM company Farnek, has enabled the Burj Khalifa to achieve LEED O+M Platinum Certification, the optimum international standard for the operation and maintenance of green buildings. The U.S. Green...

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Business & Money | Monday 25 March, 2024 10:46 am

Branchout Türkiye releases its Türkiye M&A Outlook 2023 Report

Evidence of a contracting global economy was also manifested in merger and acquisition (M&A) activities within Türkiye. A report issued by Branchout indicates that M&A transactions in the country fell to their lowest level in the past decade, with a total value of 3.1 trillion...

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Business & Money | Monday 25 March, 2024 10:41 am

Samana Developers To Pump Dh12.5 Billion in Dubai projects, focusing Waterfront Developments

Dubai-based Samana Developers today announced it will invest Dh12.5 billion ($3.4 billion) investment in new residential projects in Dubai over the rest of the year 2024. In addition, the company will award 18 construction contracts this year. Samana is expanding its portfolio to the waterfront...

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Business & Money | Monday 25 March, 2024 10:38 am

Aramco seeks to be key partner in China's economic development journey: Nasser

Saudi Arabian Oil Co. (Saudi Aramco) seeks to be a key partner in China's economic development journey, said President and CEO Amin Nasser.   China is not just a market for Aramco; hence the company is exploring the new opportunities there, Nasser said in his speech at China...

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