Business & Money | Saturday 25 November, 2023 7:07 am

Careem delivers flu vaccine across Saudi Arabia to boost immunity against illness

Careem, the leading multi-service app in the region, partners with the Saudi Ministry of Health to deliver free flu vaccines once again in Riyadh, Jeddah, Makkah, Madinah, and Damman, just in time for the region’s coldest months.  Available completely free via the Careem app until the...

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Business & Money | Friday 24 November, 2023 5:59 am

EDGE signs MoU with Mohammed Bin Rashid Space Centre

EDGE, one of the world’s leading advanced technology and defence groups, has signed a Memorandum of Understanding (MoU) with the Mohammed Bin Rashid Space Centre (MBRSC). This agreement establishes a collaborative framework for knowledge and data sharing, underlining EDGE's commitment to...

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Business & Money | Friday 24 November, 2023 5:55 am

Sharjah fair showcases vibrant Indian textile industry

Curtains will go up on a premier international textile showcase at Expo Centre Sharjah on Tuesday, 28th November. Showcasing the excellence of the one of the world's largest producers of textiles and apparel, the Vibrant Textile Expo 2023 is presenting the widest range of products from India...

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Business & Money | Friday 24 November, 2023 5:48 am

Emirates Steel Arkan announces participation in COP28

Emirates Steel Arkan (ESA) announced today its participation in COP28, aligning with the UAE’s strategic initiative to achieve climate neutrality by 2050 as well as its goals set forth to prioritize climate change, reduce emissions and limit global warming. As the UAE’s national champion...

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Business & Money | Friday 24 November, 2023 5:42 am

Saudi Arabia raises $11B syndicated loan to fund deficit: Report

Saudi Arabia raised a syndicated loan of $11 billion (SAR 41.25 billion) to fund a budget deficit, Bloomberg reported.   The 10-year loan was funded by a group of banks including Industrial and Commercial Bank of China, Citigroup Inc, First Abu Dhabi (FAB), and HSBC Holdings...

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Business & Money | Friday 24 November, 2023 5:39 am

Floward eyes Tadawul IPO in early 2024: Report

Online flowers and gifts delivery app Floward is planning an initial public offering (IPO) on the Saudi Exchange (Tadawul) in early 2024, Bloomberg reported, citing sources familiar with the matter.   Floward hired Goldman Sachs Group and HSBC Holdings Plc to arrange the...

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Business & Money | Friday 24 November, 2023 5:37 am

Naji Al-Tamimi named CEO of Insurance Authority

Saudi Arabia’s Insurance Authority (IA) announced today, Nov. 23, appointing Eng. Naji Al-Tamimi as CEO.     IA commenced operations 90 days after the publication of the Regulation of the Insurance Authority on Aug. 25.    Al-Tamimi has more than...

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Business & Money | Thursday 23 November, 2023 12:16 pm

"Ports, Customs and Free Zone" holds the First Strategic Retreat to discuss the Indicators of its Strategic Plan

The Ports, Customs and Free Zone Corporation organized the first strategic retreat to discuss the indicators of its strategic plan for the years 2021-2025, in the presence of directors of departments and divisions and second-level employees, at the Queen Elizabeth II Hotel (QE2), with the aim of...

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Business & Money | Thursday 23 November, 2023 12:04 pm

Investment Corporation of Dubai announces record Revenues, Net Profit, Assets and Equity.

ICD announced today its consolidated financial results for the six-month period ended 30 June 2023 having generated record Revenues of AED 145.1 Billion and a record Net Profit of AED 28.3 Billion.Revenues reached a record AED 145.1 Billion, up 20 per cent with an increase of AED 24.0 Billion...

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Business & Money | Thursday 23 November, 2023 11:20 am

KASCO Group Connects Global Footprint With Avaya Technology

KASCO Group, a leading conglomerate that specializes in oil and gas trading, shipping and marine services, has used Avaya technology to create a connected environment that enables real-time communications between its global fleet of 16 vessels and its new headquarters in Dubai.   The ...

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