Business & Money | Thursday 14 November, 2024 9:30 am

Thakher Development and Mulkia Investment Establish a Real Estate Fund Worth Nearly One Billion SAR in Mecca

Thakher Development, the principal developer responsible for the master plan and infrastructure of the Thakher Mecca project, in collaboration with Mulkia Investment and under the auspices of the Ministry of Municipal and Rural Affairs and Housing, announced the establishment of a real estate fund...

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Business & Money | Wednesday 13 November, 2024 4:36 pm

Retail Congress MENA 2024 Ignites a New Era in Riyadh, Celebrating Excellence and Vision Across the Retail Landscape

The Middle East Council of Shopping Centres & Retailers (MECS+R) proudly hosted its first-ever Retail Congress MENA in Riyadh, Saudi Arabia, on November 4-5, making a resounding impact on the MENA retail landscape. Bringing together industry giants, thought leaders, and key stakeholders, the...

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Technology & IT | Wednesday 13 November, 2024 3:29 pm

Explore the Next Era of DevOps at Exito's DevOps Summit in Dubai Physical conference on December 5th in Shangri-La Dubai

As Dubai emerges as a leader in AI worldwide, one leading AI development company utilizes AI and ML to develop more customer-friendly support systems. Through NLP (Natural Language Processing is a subfield of artificial intelligence that deals with interaction between computers and human language....

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Business & Money | Wednesday 13 November, 2024 12:13 pm

UAE continues to exhibit solid economic growth: OPEC

The Organisation of Petroleum Exporting Countries (OPEC) has said that the UAE continues to exhibit solid economic growth, particularly in the non-oil sector. In its November report released today, OPEC said the “UAE central government finances demonstrated continued strength in 2Q24, with...

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Business & Money | Wednesday 13 November, 2024 12:11 pm

Sharjah Chamber holds UAE- Kenya Trade and Investment Forum to strengthen trade ties

The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Exports Development Centre (SEDC), held the UAE- Kenya Trade and Investment Forum in Nairobi, Kenya on Monday, during the first stop of its trade mission to Kenya and Uganda.The forum focused on showcasing promising...

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Business & Money | Wednesday 13 November, 2024 12:07 pm

Delmon Industrial Complex to set up AED50m plant in KEZAD

Khalifa Economic Zones Abu Dhabi – KEZAD Group, the largest operator of integrated and purpose-built economic zones and Saudi Arabia-based Delmon Industrial Complex have announced the signing of a 50-year land lease agreement for the establishment of their state-of-the-art plant in ICAD III...

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Business & Money | Wednesday 13 November, 2024 12:01 pm

Arabian Drilling, Aramco extend SAR 290M land rig contract

Arabian Drilling Co. (ADC) extended a long-term contract for one of its Saudi Aramco land rigs for SAR 290 million. The contract was extended for five years starting from the expiration of the current contract during the fourth quarter of 2024, the company said in a statement to...

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Business & Money | Wednesday 13 November, 2024 11:59 am

Mobily acquires 120 MHz frequency spectrum for SAR 2.5B

Etihad Etisalat Co. (Mobily) acquired on Nov. 11 a license to use 120 MHz frequency for 15 years, at a total value of SAR 2.48 billion. The license came after the telco recently participated in the frequency spectrum auction, held by the Communications, Space and Technology Commission (CST),...

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Business & Money | Wednesday 13 November, 2024 11:47 am

Tatweer and NHC Sign Agreement for Major Mixed-Use Project Worth SAR 1.5 Billion During Cityscape Global

 Tatweer has signed an (MOU) with NHC to collaborate on the development of a major mixed-use project. The MOU signing ceremony was attended by His Excellency Minister of Housing, Majid bin Abdullah Al-Hogail; Deputy Minister, Eng. Ihab bin Ghazi Al-Hoshani; CEO of NHC, Eng. Mohammed bin Saleh...

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Business & Money | Wednesday 13 November, 2024 11:43 am

du awarded prestigious ESG Label from Dubai Chamber of Commerce

du, the leading telecom and digital services provider, has been honoured with the Environmental, Social, and Governance (ESG) Label by the Dubai Chamber of Commerce in recognition of du’s commitment to integrating and leading sustainable business practices across the region. The ESG Label, from...

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