Business & Money | Thursday 12 September, 2024 10:26 am

Emirates set to receive its first Airbus A350 aircraft in October

Emirates is set to receive its first Airbus A350 aircraft in October, with a total of 5 Airbus aircraft expected to be delivered to the airline by the end of this year. Adel Alredha, Deputy President and Chief Operations Officer - Emirates Airline, said on the sidelines of the first edition of ...

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Business & Money | Thursday 12 September, 2024 10:22 am

AD Ports Group awards ZPMC AED420-million cranes contracts for terminal projects in Africa

AD Ports Group has awarded Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC) contracts worth over AED420 million to supply six ship-to-shore (STS) cranes and 17 hybrid rubber-tyred gantry (RTG) cranes for deployment at its terminal projects in New East Mole Terminal, Pointe Noire, Republic of the...

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Business & Money | Thursday 12 September, 2024 10:19 am

AI to contribute AED367 billion to UAE’s GDP by 2030: Astra Tech

 Abdallah Abu-Sheikh, Founder of Astra Tech and CEO of Botim, said that AI is projected to have a transformative impact on the UAE's economy, contributing up to 14% of its GDP by 2030, which is equivalent to approximately $100 billion (AED367 billion). Abu-Sheikh said in statements on the ...

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Business & Money | Thursday 12 September, 2024 10:17 am

UAE, India explore civil nuclear energy cooperation

Emirates Nuclear Energy Corporation (ENEC) and Nuclear Power Corporation of India Limited (NPCIL) have signed an agreement to exchange expertise and enhance potential cooperation in various fields such as supply chain development, human resource development, provision of nuclear consultancy...

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Business & Money | Thursday 12 September, 2024 10:12 am

Saudi Arabia, China discuss trade opportunities, energy, and investment

Crown Prince Mohammed bin Salman and Chinese Premier Li Qiang held an official meeting today, Sept. 11, at the Royal Court in Riyadh, according to the state-run SPA. Following the meeting, the Saudi Crown Prince and Li Qiang chaired the fourth session of the High-Level Chinese-Saudi Joint...

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Business & Money | Thursday 12 September, 2024 10:11 am

Gold Investments: A Comprehensive Guide to Investing in Gold

Gold has long been considered one of the most reliable and valuable investments. From ancient civilizations to modern economies, gold has served as a store of value, a medium of exchange, and a symbol of wealth. Today, gold remains a popular investment option, especially in times of economic...

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Business & Money | Thursday 12 September, 2024 10:05 am

Saudia signed an agreement with Mobily allowing Neqaty members to benefit from AlFursan Loyalty Program

Saudia, the national flag carrier of Saudi Arabia, has signed an agreement with Etihad Etisalat Company (Mobily), allowing Mobily customers to redeem their Neqaty rewards balance for AlFursan miles. This agreement enables customers to enjoy various travel benefits and offers from AlFursan Loyalty...

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Business & Money | Thursday 12 September, 2024 10:01 am

Abu Dhabi Securities Exchange (ADX) welcomes the listing of NMDC Energy of NMDC Group

The Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchanges in the world, announced today the listing of NMDC Energy, a key subsidiary of the NMDC Group - a leader in engineering, procurement, construction, and marine dredging. NMDC Energy, a provider of comprehensive energy...

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Business & Money | Thursday 12 September, 2024 9:52 am

Tech giants and global organizations unite at GAIN Summit 2024 to advance AI as Day One concludes

Today saw the start of the highly anticipated GAIN Summit, hosted by the Saudi Data & Artificial Intelligence Authority (SDAIA) in Riyadh across three days to explore the latest advancements in artificial intelligence.  Focused on pushing the boundaries of AI for the good of humanity, ...

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Business & Money | Thursday 12 September, 2024 9:34 am

Riyadh to Host Global PropTech Summit in October

The Real Estate General Authority (REGA) will host the inaugural Global PropTech Summit in Riyadh in October. The event will be held under the patronage of Minister of Municipalities and Housing and REGA Board of Directors Chairman Majed Al-Hogail. The National Housing Company (NHC) will serve as a ...

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