Business & Money | Thursday 7 March, 2024 9:33 am

MOHAMMED BIN RASHID AEROSPACE HUB AND TIM AEROSPACE BREAK GROUND ON ONE OF THE REGION’S LARGEST MRO HANGARS

The Mohammed bin Rashid Aerospace Hub (MBRAH), the aerospace platform of Dubai dedicated to the advancement of the aviation industry, and Tim Aerospace broke ground on its new hangar at Dubai South. The new facility will be built with the maximum allowed design dimensions, making it one...

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Business & Money | Thursday 7 March, 2024 9:07 am

JCDC launches Jeddah Central project

Jeddah Central Development Co. (JCDC), a wholly owned subsidiary of the Public Investment Fund (PIF), initiated "Jeddah Central" featuring a sports stadium, opera house, oceanic aquariums, and an industrial museum, aiming to establish a global destination in Jeddah's heart.   Under...

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Business & Money | Thursday 7 March, 2024 8:59 am

Riyadh Air and IBM Take Further Steps Forward in their Collaboration to Redefine Travel Experiences

IBM announced today the next steps in their collaboration with Riyadh Air, the digital-native airline currently scheduled to commence operations in early 2025, to revolutionize the airline’s travel experiences. The airline plans to introduce next-generation, channel-fluid guest and traveler...

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Business & Money | Thursday 7 March, 2024 8:54 am

FedEx Showcases its Innovative Aerospace Solutions at MRO Middle East 2024

FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, showcased its one-stop shop aerospace solutions at the 2024 MRO Middle East Exhibition, a gathering of 200 international exhibitors from the airline maintenance, repair, and ...

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Business & Money | Thursday 7 March, 2024 8:51 am

Abu Dhabi Exports Office takes part in TXF MENA conference for third consecutive year

The Abu Dhabi Exports Office (ADEX), the export-financing arm of Abu Dhabi Fund for Development (ADFD), participated in the TXF MENA conference marking the third consecutive year of its engagement with the event. The conference which took place in Dubai on March 5-6 brought together industry...

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Business & Money | Thursday 7 March, 2024 8:48 am

The Sports Boulevard won the "Mega Project of the Year" Award at the KSA 2024 Construction Innovation Awards

The Sports Boulevard project, the world’s largest linear park, has been honored with the prestigious KSA 2024 Construction Innovation Awards in the category of “Mega Project of the Year". This distinguished recognition underscores the project's innovative approach to urban development and its...

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Business & Money | Thursday 7 March, 2024 12:39 am

CAYAN GROUP AND HILTON OPEN FIRST HAMPTON BY HILTON IN SAUDI ARABIA

Cayan Group, in partnership with Hilton, today announced the opening of the first Hampton by Hilton hotel in Saudi Arabia.    Featuring 201 guest rooms, Hampton by Hilton Sharma aims to deliver a seamless stay marked by the brand’s core values, bringing guests...

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Business & Money | Wednesday 6 March, 2024 10:29 am

Ajman DED obtains global accreditation from CIPS

The Department of Economic Development in Ajman (Ajman DED) has obtained international accreditation for procurement and supply ethics by the international Chartered Institute of Procurement and Supply (CIPS). This accreditation is the first of its kind at the Ajman government level, in...

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Business & Money | Wednesday 6 March, 2024 10:28 am

FAB shareholders approve AED 7.8 billion cash dividend at AGM

First Abu Dhabi Bank (FAB) concluded its Annual General Meeting (AGM) today at FAB’s headquarters in Abu Dhabi. All items on the agenda were discussed and approved, including the distribution of 50% cash dividends (AED 0.71 per share, implying total cash dividends of AED7.8 billion) for the...

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Business & Money | Wednesday 6 March, 2024 10:25 am

Dubai Land Department, Property Finder, Bayut, Dubizzle collaborate to empower local talent in real estate sector

Dubai Land Department (DLD), represented by the Real Estate Regulatory Agency (RERA), has entered into partnership agreements with Property Finder, Bayut Web Publishing and Dubizzle to empower local talents and raise awareness in Duba’si real estate sector. These partnerships aim to create an...

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