Business & Money | Tuesday 28 May, 2024 10:48 am

DIFC Publishes Regional Outlook for Banking and Capital Markets.

 Dubai International Financial Centre (DIFC), the leading global financial centre in the MEASA region, has published a ‘Regional Outlook for Banking and Capital Markets’ report in partnership with LSEG Data & Analytics.  The report focuses on how regional IPO growth is...

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Technology & IT | Tuesday 28 May, 2024 10:45 am

du and Gracia Group announce first-of-its-kind innovative agritech digital platform for agriculture and farming in the UAE

du, an Emirates Integrated Telecommunications Company (EITC), today announced a partnership with Gracia Group to unveil the agritech platform', a full-fledged digital ecosystem poised to transform the agricultural sector in the UAE supporting the vision of leaders of the country. The signing...

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Business & Money | Tuesday 28 May, 2024 10:27 am

World-first earth-built property now open in AlUla, Saudi Arabia

The Dar Tantora The House Hotel, AlUla Old Town, Saudi Arabia is officially open for bookings now.  Operated by Kerten Hospitality, this unique 30-room boutique eco-community, designed in collaboration with Egyptian Architect Shahira Fahmy sits in the heart of AlUla’s Old Town - a...

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Sports | Tuesday 28 May, 2024 10:17 am

“SPORTS BOULEVARD” DOUBLES THE VALUE OF PRIVATE REAL ESTATE INVESTMENT FUNDS FOR THE ARTS DISTRICT TO REACH SAR 2 BILLION

The "Sports Boulevard" Foundation has announced with Ajdan Real Estate Development Company and Albilad Capital to double the value of the private real estate investment fund, currently valued at SAR 1 billion, by an additional SAR 1 billion; bringing the total value of the fund to SAR 2 billion,...

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Business & Money | Tuesday 28 May, 2024 9:47 am

SRC Extends its Refinancing Agreement with arab national bank (anb) with an Additional SAR 500 million

The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund (PIF) company, has extended its refinancing agreement with arab national bank (anb) with an additional SAR 500 million. This is the second refinancing agreement between both entities.  The agreement was signed by...

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Government | Tuesday 28 May, 2024 8:41 am

Sharjah Chamber enhances cooperation with Hong Kong in international commercial arbitration

The Sharjah Chamber of Commerce and Industry (SCCI) and a high-level judicial delegation from the Hong Kong Special Administrative Region, explored avenues for enhancing cooperation in the field of commercial and investment laws. Both sides also discussed establishing a strategic partnership...

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Technology & IT | Tuesday 28 May, 2024 8:32 am

Third 'Make It in the Emirates Forum' kicks off

The third edition of the "Make It in the Emirates Forum", organised by the Ministry of Industry and Advanced Technology (MoIAT) in collaboration with the Abu Dhabi Department of Economic Development (ADDED) and ADNOC Group, began today in Abu Dhabi. Under the theme "Invest. Innovate. Grow.,"...

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Business & Money | Tuesday 28 May, 2024 8:28 am

Saudi Arabia starts sale of 3-tranche sukuk: Report

Saudi Arabia started selling Shariah-compliant sukuks, divided into three tranches with tenors of three years, six years, and 10 years, Reuters reported citing IFR news service.   Initial guidance was placed around 85 basis points (bps) over US Treasuries (UST) for the three-year...

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Business & Money | Tuesday 28 May, 2024 7:26 am

ADNOC boosts local manufacturing target to AED90 billion by 2030

ADNOC announced today at the “Make it in the Emirates” forum an increase in its local manufacturing target for critical industrial products in its procurement pipeline to AED90 billion (US$24.5 billion) by 2030 to propel UAE’s economic diversification, strengthen the industrial sector and...

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Business & Money | Tuesday 28 May, 2024 6:02 am

Aramco interested in buying minority stake in Repsol's renewable unit: Report

Saudi Aramco showed interest in acquiring a minority stake in the renewable unit of Spanish oil company Repsol, Reuters reported, citing two people familiar with the matter. Repsol has opened its renewable projects to investors willing to take minority stakes in portfolios of wind farms and...

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