Business & Money | Thursday 12 October, 2023 8:56 am

ACWA Power achieves financial closure for ten projects worth over US$14 billion in 12 months, largest in the company’s history

Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, has marked a monumental 12-month period, after achieving financial close for projects with a combined value of over US$14 billion, the largest in the...

More Details

Business & Money | Thursday 12 October, 2023 8:49 am

CONSTRUCTION WORK COMMENCES ON SOUTH BAY

Dubai South Properties announced the commencement of construction works for the first two phases of its South Bay project. Earlier this year, the company has confirmed appointment of Ginco General Contracting for the construction of the prestigious South Bay Project. The company also ...

More Details

Business & Money | Wednesday 11 October, 2023 9:30 am

Rawasi Albina inks SAR 10.6 mln contract with Al-Fahd Co.

Rawasi Albina Investment Co. signed on Oct. 10 a five-month contract with Al-Fahd Company for Trading, Industry and Contracting, at a total value of SAR 10.55 million (VAT inclusive).   In a statement to Tadawul, Rawasi Albina said as per the contract the company would implement the...

More Details

Business & Money | Wednesday 11 October, 2023 9:07 am

Diriyah Gate Development Authority Announces the First Traditional Architecture Gathering

Diriyah Gate Development Authority (DGDA) has officially announced the inaugural edition of the "Traditional Architecture Gathering" to be held in the majestic UNESCO World Heritage Site At-Turaif, in Diriyah, The City of Earth, from October 24th to 30th. The event is themed "Traditional Najdi...

More Details

Business & Money | Wednesday 11 October, 2023 8:57 am

Family Businesses Key Force in reversing Climate Change and Nature Loss

Co-hosted by Dubai Chambers, the inaugural Campden Global Owners & Family Office Congress, taking place between 9 and 13 of October, brought together over 300 family business principals from over 30 countries to share knowledge, best practices, and discuss opportunities for collaboration in...

More Details

Business & Money | Wednesday 11 October, 2023 8:53 am

World Investment Forum highlights Abu Dhabi “Falcon Economy” role in reshaping business landscape

Over 7,000 senior government officials, decision-makers, business leaders, and other investment stakeholders from 160 countries will have the opportunity to learn about Abu Dhabi’s “Falcon Economy” and its role in reshaping the economic and business landscape at the World Investment Forum...

More Details

Business & Money | Wednesday 11 October, 2023 8:40 am

Abu Dhabi Accountability Authority to unveil Groundbreaking Initiatives at GITEX Technology 2023

In a resolute move to reinforce its dedication to digital transformation, the Abu Dhabi Accountability Authority (ADAA) is pleased to announce its upcoming participation in GITEX Global 2023, the region's leading technology exhibition.  Operating under the overarching theme of...

More Details

Business & Money | Tuesday 10 October, 2023 2:35 pm

PIF sets up Tasaru mobility investments

Saudi Arabia’s Public Investment Fund (PIF) launched today, Oct. 10, the National Automotive and Mobility Investment Co. (Tasaru Mobility Investments) specialized in developing local supply chain capabilities for the automotive and mobility industry in the Kingdom. According to a statement...

More Details

Business & Money | Tuesday 10 October, 2023 11:37 am

SUN SIYAM IRU FUSHI RECEIVES INTERNATIONAL SUSTAINABLE AWARD FOR SUN SIYAM CARES INITIATIVE

Sun Siyam Iru Fushi has been honored with the prestigious International Sustainable Award by Luxury Lifestyle Awards. This recognition celebrates the outstanding commitment of Sun Siyam Resorts to sustainability through its Sun Siyam Cares initiative, exemplifying the brand's dedication to setting...

More Details

Business & Money | Tuesday 10 October, 2023 10:58 am

Borouge signs agreement with NPCC to supply critical materials for energy projects in UAE

Borouge Plc today announced that it has signed an agreement with the National Petroleum Construction Company (NPCC), a UAE-based Engineering, Procurement and Construction (EPC) Company.The two-year agreement includes a sales contract worth nearly AED60 million, wherein Borouge will supply steel...

More Details