Business & Money | Tuesday 25 June, 2024 8:40 am

Ajman to launch building classification starting 1st July

The Department of Land and Real Estate Regulation in Ajman will launch the building classification process in the emirate starting July 1st, 2024. The process will continue for three months and will be carried out by a team of specialised and qualified professionals. This will closely examine...

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Business & Money | Tuesday 25 June, 2024 8:38 am

Sharjah Chamber concludes participation in Sri Lanka International Industry Expo 2024

The Sharjah Chamber of Commerce and Industry (SCCI) has successfully wrapped up its participation in the International Industry Expo 2024, held in Colombo, Sri Lanka, from 19th to 23rd June. The exhibition featured 25 industry sectors and over 1,000 exhibitors, covering an extensive products...

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Business & Money | Tuesday 25 June, 2024 8:28 am

Siemens secures $1.5B contract to develop 2 power plants in Saudi Arabia

Germany’s Siemens Energy AG said it secured a 25-year contract from Saudi Arabia to develop two power plants, with a total value of $1.5 billion. Siemens Energy will build the Taiba 2 and Qassim 2 power plants. These will be among the largest and most efficient globally, located in the...

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Business & Money | Tuesday 25 June, 2024 8:25 am

RSG set to open Desert Rock, Sheybarah resorts in 2024

Red Sea Global (RSG), the developer of Amaala, has to date opened three resorts at The Red Sea destination, and plans to open the Desert Rock and Sheybarah resorts this year, Ahmad Ghazi Darwish, Chief Administrative Officer, told Al-Arabiya. He added that 11 luxury hotels will be...

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Environment & Energy | Tuesday 25 June, 2024 8:21 am

Saudi Arabia launches geographical survey project for renewable energy sites

Saudi Arabia’s Ministry of Energy launched today, June 24, the geographical survey project for renewable energy sites and awarded contracts to Saudi companies to install 1,200 stations for measuring solar and wind energy across all regions of the Kingdom.On the sidelines of the signing ceremony,...

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Business & Money | Tuesday 25 June, 2024 8:18 am

Kuwait Finance House considers bidding for stake in SAIB: Report

Kuwait Finance House (KFH) is studying the acquisition of a large stake in The Saudi Investment Bank (SAIB), Bloomberg reported today, June 24, citing unnamed sources with knowledge of the matter. KFH is considering a potential investment in the Saudi bank to enhance its regional presence....

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Business & Money | Tuesday 25 June, 2024 8:13 am

CAPELLA HOTELS AND RESORTS ANNOUNCES NEW WELLNESS-CENTRED RESORT AT NEOM

 Capella Hotels and Resorts announces its first coastal destination in Saudi Arabia, set within NEOM at Elanan, one of Magna’s destinations, against the backdrop of stunning desert mountains and the Gulf of Aqaba coastline. The resort will open an exclusive wellness retreat as part of the...

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Business & Money | Tuesday 25 June, 2024 8:11 am

ENOC Group inks co-operation agreement with Emirates Auction to optimise business operations

In line with the UAE Government’s efforts to eliminating bureaucracy in state bodies and institutions, ENOC Group, a leading integrated global energy player, and Emirates Auction, the leading UAE based auction company in the Middle East, signed a Memorandum of Understanding (MoU) aimed at...

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Business & Money | Tuesday 25 June, 2024 8:00 am

Quantum AI: Improving Trading Accuracy for Canadian Investors

In recent years, the advent of new technologies has revolutionized various industries, and the world of finance is no exception. One such groundbreaking technology that has been making waves in the trading industry is Quantum AI. Quantum AI, also known as Quantum Artificial Intelligence, is a...

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Business & Money | Monday 24 June, 2024 1:30 pm

GBB Venture is all set to host the 15th Real Estate Development Summit Saudi Arabia: Europe Edition

GBB Venture is all set to host the 15th Real Estate Development Summit Saudi Arabia: Europe Edition on the 4th and 5th of July 2024 at Palau de Congressos, Palma de Mallorca, Palma - Spain. With a pre-qualified, elite attendance of over 100+ Saudi Arabian Project Companies and 80 Global Solution...

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