Business & Money | Wednesday 18 September, 2024 8:37 am

Saudi Maritime & Logistics Congress opens today!

The fifth edition of Saudi Maritime & Logistics Congress - sponsored by His Excellency the Minister of Transport and Logistic Services, Eng. Saleh bin Nasser Al-Jasser - opens today at the Dhahran Exhibition Centre, Dammam, Kingdom of Saudi Arabia until 19th September. Showcasing...

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Business & Money | Tuesday 17 September, 2024 10:18 am

SOL Properties announces upcoming projects with anticipated AED 12 billion GDV, elevating country’s real estate market

SOL Properties, a leading real estate developer in the UAE and the premier real estate development arm of the Bhatia Group, announced the launch of a series of high-end projects with an anticipated Gross Development Value (GDV) of AED 12 billion in the next six months. These projects are expected...

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Business & Money | Tuesday 17 September, 2024 9:23 am

SAIB plans $1.5B sukuk program

The Saudi Investment Bank (SAIB) plans to establish a US dollar-denominated Tier I sukuk program, not exceeding $1.5 billion. Further, the bank intends to issue Tier I sukuk under the program through private placement to qualified investors.   In a statement to Tadawul, the bank ...

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Business & Money | Tuesday 17 September, 2024 9:21 am

Industry Minister launches Rafed Program for university-based factories

Bandar Alkhorayef, Minister of Industry and Mineral Resources, launched today, Sept. 16, the Rafed Program, which aims to establish innovative factories at universities and technical colleges across the Kingdom, the Saudi Press Agency reported.  The program aims to develop effective...

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Business & Money | Tuesday 17 September, 2024 12:39 am

Light + Intelligent Building Middle East to showcase latest smart building solutions as sector nears US$23 billion in MEA region

Smart buildings are becoming an increasingly crucial component of global sustainability efforts, particularly in the Middle East and Africa (MEA), where the smart building market is anticipated to grow significantly, with projections indicating that it could reach a value of US$23.31 billion by...

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Business & Money | Tuesday 17 September, 2024 12:12 am

Al Fujairah National Insurance Co. Launches FloodGuard: Exclusive Flood, Storm, and Tempest Coverage for Third-Party Insured Motorists

Al Fujairah National Insurance Co. (AFNIC) announces the launch of “FloodGuard,” the region’s first insurance product exclusively covering accidental loss or damage from Flood, Inundation, Storm, and Tempest for third-party insured motorists. FloodGuard offers crucial coverage for...

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Business & Money | Tuesday 17 September, 2024 12:08 am

Riyadh to Host the 5th Annual Future Banks Summit

Riyadh will host the 5th Annual Future Banks Summit & Awards KSA on September 24th and 25th, 2024. This year, the leading event will focus on cutting-edge innovations, practical case studies, and interactive panel discussions. With a focus on guiding the banking sector in KSA towards future...

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Business & Money | Tuesday 17 September, 2024 12:00 am

Transforming Saudi Arabia's Built Environment

The MEPIC, MEP International Conference, and BEDIC, Building Envelope Design and Insulation Conference, started today showcasing the Kingdom's commitment to sustainability, innovation, and modernization in its built sector. These pivotal events brought together leaders from government,...

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Business & Money | Monday 16 September, 2024 3:59 pm

KPMG welcomes 300 nationals in new Graduate Development Program

KPMG in Saudi Arabia announced the addition of nearly 300 graduates to its newly launched Hamaat graduate program, marking a significant investment in the Kingdom’s future business leaders. The new hires, spread across Tax, Audit, and Advisory, have officially embarked on their KPMG journeys with ...

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Business & Money | Monday 16 September, 2024 10:09 am

UAE’s clean energy investments exceed AED45 billion: Suhail Al Mazrouei

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, said that the UAE has made significant progress in increasing the contribution of clean energy production to the total energy mix, reaching 27.83 percent in 2023, within the target of 32 percent by 2030. In an interview...

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