Business & Money | Monday 23 October, 2023 9:35 am

Arab Health 2024 to build on AED6.65 billion deals secured at last year’s exhibition

Following record results at Arab Health 2023, the Middle East’s largest healthcare event will return from 29 January to 1 February 2024 with an expanded site and a growing international presence.    The event is expected to welcome a global audience with over 3,450 exhibitors...

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Business & Money | Monday 23 October, 2023 8:51 am

Chairman of ADDED: UNCTAD’s World Investment Forum in Abu Dhabi a turning point towards achieving SDGs

The Abu Dhabi Department of Economic Development (ADDED) has reaffirmed commitment of Abu Dhabi and UAE to spearhead the transition towards responsible energy sources as well as enhance and contribute positively to sustainable development. “His Highness Sheikh Khaled bin Mohamed bin Zayed Al ...

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Business & Money | Monday 23 October, 2023 8:45 am

FCCI Secretary General, Deputy Prime Minister of Fiji discuss ways to strengthen private sector relations

Humaid Mohamed Ben Salem, Secretary-General of the Federation of UAE Chambers of Commerce and Industry (FCCI), discussed in his office in Dubai with Manoa Seru Kamikamica, Deputy Prime Minister and Minister for Trade, Cooperatives, Small and Medium Enterprises and Communications of the Republic of...

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Business & Money | Monday 23 October, 2023 8:42 am

Sharjah Chamber welcomes nearly 5,000 new member companies in 2023

The Sharjah Chamber of Commerce and Industry (SCCI) has logged an impressive surge in new memberships this year, registering 4,981 new companies through the end of the third quarter.With this increase, the Chamber’s main branch and its other branches in Al Dhaid, Khor Fakkan, Dibba Al-Hisn, and...

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Business & Money | Monday 23 October, 2023 8:40 am

Saudia Group New Brand Prioritizes Growth, Expansion and Localisation

Saudia Group, formerly known as Saudi Arabian Airlines Holding Corporation, has unveiled its new brand identity as part of a comprehensive transformation strategy which included the rebrand of Saudia – the national flag carrier of Saudi Arabia. The announcement comes as the Group reaffirms its...

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Business & Money | Monday 23 October, 2023 8:36 am

CMA approves Trahum Endowment Fund IPO

The Capital Market Authority (CMA) gave the go-ahead for Al Rajhi Capital's request to float units of Trahum Endowment Fund, according to the CMA website.   An investment decision without reading the terms and conditions (T&Cs) carefully or fully reviewing its content may involve ...

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Business & Money | Monday 23 October, 2023 8:35 am

Al Yamamah Steel inks SAR 185.9 mln electrical towers contract

Al Yamamah Steel Industries Co. signed, on Oct. 22, a contract with Al Sharif Group & KEC Ltd. to manfucture and supply electrical towers at a total value of SAR 185.9 million excluding VAT, according to a statement to Tadawul.   The contract will extend for 10 months, and the...

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Business & Money | Monday 23 October, 2023 8:25 am

PIF, Hyundai Motor sign JV agreement on automotive manufacturing plant in Saudi Arabia

The Public Investment Fund (PIF) and Hyundai Motor Company (Hyundai) announced the signing of a joint venture (JV) agreement to establish a highly automated vehicle manufacturing plant in Saudi Arabia.   PIF will hold a 70% stake in the new joint venture with Hyundai holding the...

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Business & Money | Sunday 22 October, 2023 2:52 pm

Saudi Electricity plans SAR 500 bln investment by 2030

Saudi Electricity Co. (SEC) announced that it plans to invest around SAR 500 billion by 2030 to build electricity transmission networks and ensure connectivity between all regions of the Kingdom by deploying cutting-edge technologies.   The company made the announcement...

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Business & Money | Sunday 22 October, 2023 1:44 pm

Majeed Al Abduljabbar appointed as the CEO of Saudi Real Estate Refinance Company (SRC)

The Board of Directors of the Saudi Real Estate Refinance Company (SRC), wholly owned by the PIF and headed by His Excellency the Minister of Municipal and Rural Affairs and Housing, Mr. Majed bin Abdullah Al-Hogail, announced today that Mr. Majeed Al Abduljabbar will assume the role of Chief...

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