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...

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Business & Money | Thursday 29 February, 2024 1:03 am

SAMI-AEC to Showcase Advanced Technological Capabilities and Innovations at World’s Biggest Tech Expo – LEAP 2024

SAMI Advanced Electronics Company (SAMI-AEC), a wholly owned subsidiary of SAMI, today announced its participation at the third edition of LEAP 2024 – the world’s largest and most attended tech expo. Held at the Riyadh Exhibition and Convention Center in the capital city of Saudi Arabia from...

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Business & Money | Wednesday 28 February, 2024 4:16 pm

UAE economy expected to grow by 5% in 2024: Minister

Abdullah bin Touq Al Marri, Minister of Economy, has predicted that the UAE economy will grow by up to 5% in 2024. Speaking to the Emirates News Agency (WAM), the minister pointed out that more than 73% of the national economy is now non-oil, a historic first for the country. "This achievement ...

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Business & Money | Wednesday 28 February, 2024 4:13 pm

FAB aims to triple China business by 2026, advancing Sino-MENA corridor trade and investment

First Abu Dhabi Bank (FAB) is steadily solidifying its role as the go-to bank for UAE-Chinese and Sino-MENA trade and investment, with plans to triple revenue from its China business by 2026. The Group, which maintains the only fully licenced branch of a UAE bank in mainland China and grew its...

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Tourism & Hospitality | Wednesday 28 February, 2024 3:40 pm

AFRICAN LOUNGE RIYADH LAUNCHES A NEW SHARING SET MENU FOR A FLAVOURFUL JOURNEY

Part of Tashas Group’s new Flamingo Collection, the new set menu for two takes guests through a carefully selected journey inspired by flavours from around the world In the buzz of Bujairi Terrace’s vibrant new dining scene, one destination offers a unique experience like never before ...

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Tourism & Hospitality | Wednesday 28 February, 2024 2:45 pm

A Magical Ramadan awaits at A.O.K Kitchen, Saudi Arabia

A tribute to the spirit of the Holy Month, A.O.K Kitchen, Saudi Arabia invites guests to enjoy a community-driven suhoor with magical decorations, beloved traditions and nourishing cuisine Few restaurants embody the spirit of Ramadan like A.O.K Kitchen – of acceptance, hospitality and...

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Technology & IT | Wednesday 28 February, 2024 11:55 am

HONOR Illuminates the Future of AI in Smart Devices at MWC

At MWC Barcelona 2024, George Zhao, CEO of HONOR Device Co., Ltd., took the stage with industry leaders for a thought-provoking panel discussion. The session, titled “Putting Humans First in AI Development: Key Considerations for Creating AI for Smart Devices,” also...

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Business & Money | Wednesday 28 February, 2024 9:30 am

Amazon Connect Launches Generative AI for Enhanced Productivity and Customer Service

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), has announced new generative AI capabilities in Amazon Connect, its cloud contact center service. The enhancements include the addition of Amazon Q in Connect, which provides agents with recommended responses and...

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Business & Money | Wednesday 28 February, 2024 9:29 am

Azizi Developments wins “Best Community Developer” award at 2024 Pillars of Real Estate Awards

Azizi Developments, a leading private developer in the UAE, was honored with the prestigious ‘Best Community Developer’ award at the 2024 Pillars of Real Estate Awards, held at Habtoor Palace Dubai on February 26th, 2024. The award was received by Mr. Farhad Azizi, CEO of Azizi...

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Business & Money | Wednesday 28 February, 2024 9:01 am

Sulaiman Al Habib’s shareholder transfers 17.4M shares to subsidiary

Dr. Sulaiman Al Habib Medical Services Group received a letter, on Feb. 27, from Mohammed Abdulaziz Al Habib and Sons Holding Co., one of its major shareholders, which stated the intention of an internal restructure, according to a statement to Tadawul. The restructure will be through a...

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