Business & Money | Monday 3 June, 2024 1:39 pm

Saudi banks’ risk profiles stronger than others in GCC: Fitch

Saudi banks typically have the strongest risk profiles among lenders in the major Gulf Cooperation Council (GCC) markets, which underpins their asset quality, Fitch Ratings said in a report.   Asset quality and risk profile scores for banks in the region are strongly correlated, as...

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Environment & Energy | Monday 3 June, 2024 10:40 am

NWC announces its readiness for Hajj season 1445H with an operational plan that provides +3 million m3 of water storage

The National Water Company (NWC) announced the completion of its operational and technical plan to manage the water and environmental services sectors in Makkah and the holy sites in preparation for the Hajj season 1445H.  The company confirmed its readiness to implement its operational...

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Technology & IT | Monday 3 June, 2024 10:36 am

HONOR Released 2023 ESG Report at the Sustainable Development Forum

Global technology brand HONOR today successfully hosted the second HONOR ESG Sustainable Development Forum at the Jianfu Palace Garden of the Palace Museum. Supported by esteemed organizations including the United Nations Industrial Development Organization (UNIDO) Investment and Technology...

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Cars & Autos | Monday 3 June, 2024 9:59 am

New Electric Mobility Landmark In The Heart Of Riyadh:
Al-Futtaim Electric Mobility Company and BYD Unveil Flagship Showroom

The world’s #1 selling New Energy Vehicle (NEV) manufacturer, BYD, brings its internationally acclaimed line-up of all-electric and plug-in hybrid vehicles to the Showroom & Discovery Center in Al Ghadeer District Riyadh - Electric Mobility is set for an accelerated adoption across Saudi ...

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Government | Monday 3 June, 2024 9:25 am

UAE Ministry of Finance Holds Introductory Session on Federal Properties

 The UAE Ministry of Finance recently held an introductory session on Federal Decree-Law No. (35) of 2023 regarding federal properties, including real estate assets or otherwise. A total of 110 employees from 26 federal government entities participated in the session and learned about this...

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Environment & Energy | Monday 3 June, 2024 9:01 am

ENOC honoured with two sustainability awards at the Connecting Green Hydrogen MENA 2024

ENOC Group, the leading integrated global energy player, has been honoured with two awards for sustainability at the Connecting Green Hydrogen MENA 2024 event held at the Madinat Jumeirah Conference Centre, Dubai. The accolades reaffirm the Group’s role as a leading player in the adoption of...

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Business & Money | Monday 3 June, 2024 8:54 am

Nahdi Medical Company Opens New Clinic in Yanbu City

 Nahdi Medical Company inaugurated its new clinic, part of the "NahdiCare Clinics" series, in Yanbu Industrial City. Engineer Abdulhadi Al-Jahani, CEO of the Royal Commission for Yanbu, Engineer Yasser Joharji, CEO of Nahdi Medical Company, and several general managers and officials attended...

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Business & Money | Monday 3 June, 2024 8:54 am

Why your brand must embrace a hyper-personalized retention model now

Customer engagement has undergone significant transformations in recent years, particularly accelerated by the seismic shifts brought on by the COVID-19 pandemic. The rapid rise of e-commerce during that phase compelled brands to change strategies as the lines between physical and...

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Government | Monday 3 June, 2024 8:52 am

UAE and Qatar Sign Double Taxation Avoidance Agreement

The UAE and the State of Qatar have signed an agreement to avoid double taxation and prevent fiscal evasion of income taxes. The agreement was signed by His Excellency Mohamed Hadi Al Hussaini, UAE Minister of State for Financial Affairs, and His Excellency Ali bin Ahmed Al Kuwari, Qatari...

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Business & Money | Monday 3 June, 2024 8:52 am

Sulaiman Al Habib launches operations at Shamal Al Riyadh Hospital on June 10

Dr. Sulaiman Al Habib Medical Services Group said it obtained yesterday, June 2, from the Ministry of Health, the final license to operate Shamal Al Riyadh for Healthcare Hospital, adding that operations in the hospital will be launched as of June 10, according to a statement to Tadawul. The...

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