Business & Money | Wednesday 27 December, 2023 10:17 am

Sure, Investment Ministry sign SAR 100M framework agreement

Sure Global Tech Co. signed, on Dec. 26, an open framework agreement with the Ministry of Investment to develop the services and applications of technical investment systems, including maintaining current systems and providing consulting expertise to create new...

More Details

Business & Money | Wednesday 27 December, 2023 10:04 am

Fintech Saudi Signs MoU with Kyndryl to Become an Enablement Partner in the Kingdom

Fintech Saudi and Kyndryl (NYSE: KD), the world’s largest IT infrastructure services company, have signed a memorandum of understanding (MoU) to help accelerate the adoption of advanced innovation among Saudi Arabia’s home-grown and locally...

More Details

Business & Money | Wednesday 27 December, 2023 9:34 am

Commerce chambers should capitalize on promising sectors in each region: Al-Kassabi

Chambers of Commerce should seize the investment opportunities available in promising sectors based on the competitive advantages of each region, Saudi Press Agency reported, citing Minister of Commerce Majid Al-Kassabi. He added that the chambers should empower small and medium-sized...

More Details

Business & Money | Wednesday 27 December, 2023 9:31 am

Mawani lays cornerstone for integrated logistics zone in Dammam at over SAR 150M

Jeddah – The Saudi Ports Authority (Mawani) and MEDLOG laid the cornerstone for the integrated logistics zone at King Abdulaziz Port in Dammam at a total investment value of over SAR 150 million.   The new zone is distinguished by its location, which gives it a...

More Details

Business & Money | Wednesday 27 December, 2023 9:24 am

GULFNAV Acquires 100% of Gulf Navigation Polimar

Gulf Navigation Holding PJSC (“GULFNAV”) the Dubai Financial Market listed maritime and shipping company, announced that it has acquired 40% of the Turkish Polimar Holding Company's stake in Gulf Navigation Polimar Maritime, which is specialized in the field of Maritime Agency Services....

More Details

Business & Money | Wednesday 27 December, 2023 8:40 am

Azizi Developments’ Pearl reaches 80% construction completion

Azizi Developments, a leading private developer in the UAE, has announced that Pearl, its recently launched development in Dubai’s growth corridor, Al Furjan, is now 80% complete.Pearl’s structure, blockwork, and internal plaster are now 100% complete, with MEP and tiling work at 75%, HVAC at...

More Details

Business & Money | Tuesday 26 December, 2023 12:04 pm

Leading real estate professionals talk sustainability, AI, compliance at the World Realty Congress Summit

The World Realty Congress, a new comprehensive summit comprising the reputable International Real Estate Community Management Summit (IRECMS), REM TIMES Realty Confex, and CAM G10 summit, received an overwhelming response from the industry on its grand debut at the Movenpick Grand Al Bustan, Dubai. ...

More Details

Business & Money | Tuesday 26 December, 2023 10:54 am

Dubai Insurance Company assigned “A” Rating for Insurance Financial Strength with Stable Outlook by Fitch Ratings, London

For the first time in over five decades of operations, Dubai Insurance Company P.S.C. (DIN) has received an IFS “A” Rating with a Stable Outlook from London’s globally-renowned ratings agency Fitch Ratings (Fitch), a leader in financial information services and award-winning provider of...

More Details

Business & Money | Tuesday 26 December, 2023 10:50 am

Saudi Real Estate Market sees 136,000 transactions since launch

Saudi Real Estate Market (SREM) has registered more than 136,000 transactions since its launch in September, state-owned Saudi News Agency reported, citing data compiled by the Ministry of Justice showed.   Riyadh dominated the lion’s share of transactions, while the five largest...

More Details

Business & Money | Tuesday 26 December, 2023 9:27 am

Anwar Gargash Diplomatic Academy confirmed as UAE’s Education Partner in hosting MC13 in Abu Dhabi

The Ministry of Economy and the Abu Dhabi Department of Economic Development (ADDED), have announced Anwar Gargash Diplomatic Academy (AGDA) as their official Education partner in hosting the World Trade Organisation’s 13th Ministerial Conference (MC13), the principle decision-making body...

More Details