Business & Money | Thursday 29 February, 2024 1:21 pm

A record year for ACWA Power backed by strong results for the full year ended 31 Dec 2023

Saudi-listed ACWA Power, the world’s largest private water desalination company, and a leader in energy transition and first mover into green hydrogen, todayannounced a record net profit of SAR 1,662 million in its financial results for the full year ended 31 Dec 2023.  Supported by...

More Details

Business & Money | Thursday 29 February, 2024 10:05 am

MAG WELCOMES MAIN CONTRACTORS TO BID FOR THE CONSTRUCTION OF KETURAH RESERVE

MAG, one of the leading real estate developers in the UAE, has invited contractors to bid for the construction contract of Keturah Reserve, luxury residential development in Meydan, which offers transformational living through the design of space. The construction value of the project is valued at...

More Details

Business & Money | Thursday 29 February, 2024 9:52 am

Bin Sulayem: We innovate the best services that contribute to maintaining Dubai's economic position on the global trade map

The Ports, Customs, and Free Zone Corporation held an extensive meeting with the Marine Agency for Wooden Dhows company owners’ customers which was held at the Queen Elizabeth 2 Hotel at Port Rashid. The purpose was to discuss fruitful cooperation methods to serve the trade and economic sector in ...

More Details

Business & Money | Thursday 29 February, 2024 9:48 am

Deloitte reports record real estate transaction levels in Dubai: Sales prices up 18% and rents up 26% in 2023

 The leading global professional services firm, Deloitte, released its annual Real Estate Report for the year 2023, reflecting on the robust performance of Dubai across all market sectors.   The residential market in Dubai has experienced remarkable growth in 2023, with...

More Details

Business & Money | Thursday 29 February, 2024 9:45 am

du and AWS collaborate to accelerate cloud adoption in the UAE

du, from Emirates Integrated Telecommunications Company (EITC), today announced a new partnership with Amazon Web Services (AWS) at the Mobile World Congress (MWC) in Barcelona, to drive cloud adoption for enterprises and government agencies in the UAE. du and AWS are collaborating to...

More Details

Business & Money | Thursday 29 February, 2024 9:37 am

Kingdom of Tomorrow Opens the Gate to Future Advancements across Several Sectors

The Kingdom of Saudi Arabia is gearing up to host the Kingdom of Tomorrow Exhibition and Conference, scheduled to take place from April 29 to May 4, 2024, at the Riyadh Exhibition and Conference Center, Malham, Saudi Arabia. Kingdom of Tomorrow is organized and managed by Sela, alongside the...

More Details

Business & Money | Thursday 29 February, 2024 9:09 am

Ajman Department of Finance introduces suppliers to latest innovations of the ‘Tawreed’ platform

Coinciding with UAE Innovates 2024, the Ajman Department of Finance organised an awareness workshop titled ‘Becoming an Approved Supplier.’ The workshop brought together representatives from all Ajman government suppliers to update them on the latest innovations in the 'Tawreed' platform and...

More Details

Technology & IT | Thursday 29 February, 2024 9:05 am

Ericsson and du forge strategic private networks partnership to accelerate government

Ericsson (NASDAQ: ERIC) and du, from Emirates Integrated Telecommunication Company (EITC), announce their strategic partnership to provide Ericsson Private 5G Networks solution for connectivity and smart services to the government and enterprise sectors in the United Arab...

More Details

Tourism & Hospitality | Thursday 29 February, 2024 9:04 am

Riyadh Air Partners with Adobe to Deliver Personalized Global Travel Experiences, Powered by Generative AI

Riyadh Air and Adobe today announced a strategic technology partnership. As Saudi Arabia’s new world-class airline, Riyadh Air will integrate with a broad range of travel partners, both in the Kingdom and globally, allowing guests to manage their entire travel experience through its digital...

More Details

Business & Money | Thursday 29 February, 2024 8:39 am

Thakher Makkah project to cost above SAR 26B: CEO

Abdulaziz bin Saleh Al-Aboudi, CEO of Thakher Development Co., said that the total value of the company's Thakher Makkah project may exceed SAR 26 billion, pointing out that the project, which spans over a total area of 320,000 square meters, is one of the most important private sector projects in...

More Details