Business & Money | Friday 24 November, 2023 5:39 am

Floward eyes Tadawul IPO in early 2024: Report

Online flowers and gifts delivery app Floward is planning an initial public offering (IPO) on the Saudi Exchange (Tadawul) in early 2024, Bloomberg reported, citing sources familiar with the matter.   Floward hired Goldman Sachs Group and HSBC Holdings Plc to arrange the...

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Business & Money | Friday 24 November, 2023 5:37 am

Naji Al-Tamimi named CEO of Insurance Authority

Saudi Arabia’s Insurance Authority (IA) announced today, Nov. 23, appointing Eng. Naji Al-Tamimi as CEO.     IA commenced operations 90 days after the publication of the Regulation of the Insurance Authority on Aug. 25.    Al-Tamimi has more than...

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Environment & Energy | Friday 24 November, 2023 1:25 am

SEWA Digitally Transforms with SAP to Deliver Smart Solutions for Customers and Employees

Sharjah Electricity, Water and Gas Authority (SEWA) has announced its successful digital transformation powered by global technology company SAP SE. By implementing a comprehensive portfolio of SAP solutions including enterprise resource planning (ERP), HR management and industry-specific...

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Environment & Energy | Thursday 23 November, 2023 12:26 pm

IEA calls on oil companies to devote half investments to clean energy by 2030

International Energy Agency (IEA) sees that oil producers need to put 50% of their capital expenditures towards clean energy projects by 2030 to align with the global climate targets.   Oil and gas companies currently account for just 1% of clean energy investment globally. In 2022,...

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Business & Money | Thursday 23 November, 2023 12:16 pm

"Ports, Customs and Free Zone" holds the First Strategic Retreat to discuss the Indicators of its Strategic Plan

The Ports, Customs and Free Zone Corporation organized the first strategic retreat to discuss the indicators of its strategic plan for the years 2021-2025, in the presence of directors of departments and divisions and second-level employees, at the Queen Elizabeth II Hotel (QE2), with the aim of...

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Environment & Energy | Thursday 23 November, 2023 12:06 pm

ARABAL 2023 Opens Today under the Patronage of H.E. Bandar AlKhorayef, Minister of Industry and Mineral Resources

Running its 25th edition and hosted by Ma’aden, the Arab International Aluminium Conference and Exhibition (ARABAL), the premier platform for the aluminium industry in the Arab world opens today at Hilton Riyadh Hotel & Residences, Riyadh, Saudi Arabia. ARABAL was honoured to have H.E....

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Business & Money | Thursday 23 November, 2023 12:04 pm

Investment Corporation of Dubai announces record Revenues, Net Profit, Assets and Equity.

ICD announced today its consolidated financial results for the six-month period ended 30 June 2023 having generated record Revenues of AED 145.1 Billion and a record Net Profit of AED 28.3 Billion.Revenues reached a record AED 145.1 Billion, up 20 per cent with an increase of AED 24.0 Billion...

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Healthcare | Thursday 23 November, 2023 11:27 am

Emirates Home Nursing (EHN) Introduces Comprehensive Child-Care Program to Support UAE Families Throughout the Year

As nationals from over 200 countries have made UAE their home, the country continues to implement innovative and exciting measures to enhance the quality of life for its residents. In line with this commitment, Emirates Home Nursing (EHN) announces that its Comprehensive Newborn and Child-Care...

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Technology & IT | Thursday 23 November, 2023 11:26 am

Intersec 2024 champions the UAE's airspace security with drone threat countermeasure workshop

According to a report by Innovius, the UAE drone market is expected to experience significant growth, with a projected increase in market size from $380 million in 2022 to $950 million in 2030. While safety regulations remain a priority, the utilisation of drones for various purposes, including...

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Government | Thursday 23 November, 2023 11:23 am

Partnerships With Major International Organizations Announced Ahead of the Inaugural Global Labor Market Conference in Riyadh

The Ministry of Human Resources and Social Development (MHRSD) is announcing the International Labor Organization (ILO) and World Bank to be ‘Knowledge Partners’ for the Global Labor Market Conference (GLMC) which is taking place from 13-14 December in Riyadh, Saudi...

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