Business & Money | Tuesday 17 September, 2024 10:18 am

SOL Properties announces upcoming projects with anticipated AED 12 billion GDV, elevating country’s real estate market

SOL Properties, a leading real estate developer in the UAE and the premier real estate development arm of the Bhatia Group, announced the launch of a series of high-end projects with an anticipated Gross Development Value (GDV) of AED 12 billion in the next six months. These projects are expected...

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Cars & Autos | Tuesday 17 September, 2024 10:09 am

Car paint protection services – What are they?

Such services are intended for providing your car paint with protection from damage as well as preserving its look in the future. Car paint protection services provide you with a variety of solutions in preventing different forms of wear and tear that may lower the resale value of your car as well...

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Environment & Energy | Tuesday 17 September, 2024 9:26 am

Aramco to raise stake in MidOcean to 49%, fund new stake in Peru LNG

Saudi Aramco will raise its stake in liquefied natural gas firm MidOcean Energy to 49% and fund its acquisition of a new 15% stake in Peru LNG from Hunt Oil Co., MidOcean and Hunt said in a statement today, Sept. 16.   Aramco will hold an indirect stake of 17.2% in PLNG, while Hunt...

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Business & Money | Tuesday 17 September, 2024 9:23 am

SAIB plans $1.5B sukuk program

The Saudi Investment Bank (SAIB) plans to establish a US dollar-denominated Tier I sukuk program, not exceeding $1.5 billion. Further, the bank intends to issue Tier I sukuk under the program through private placement to qualified investors.   In a statement to Tadawul, the bank ...

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Business & Money | Tuesday 17 September, 2024 9:21 am

Industry Minister launches Rafed Program for university-based factories

Bandar Alkhorayef, Minister of Industry and Mineral Resources, launched today, Sept. 16, the Rafed Program, which aims to establish innovative factories at universities and technical colleges across the Kingdom, the Saudi Press Agency reported.  The program aims to develop effective...

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Government | Tuesday 17 September, 2024 9:10 am

Dubai Civil Aviation Authority to Take Part in World Congress & Exhibition on Intelligent Transport Systems (ITS) at Dubai World Trade Centre

The Dubai Civil Aviation Authority (DCAA) is set to participate in the 30th edition of the World Congress & Exhibition on Intelligent Transport Systems (ITS), a leading global event in the field of smart mobility and digitalization of transportation. Organized by ERTICO and hosted by the Roads...

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Tourism & Hospitality | Tuesday 17 September, 2024 9:04 am

SUN SIYAM RESORTS WELCOMES PASAN WIJEWARDANA AS NEW CLUSTER DIRECTOR OF SALES & MARKETING

Sun Siyam Resorts announces the appointment of Pasan Wijewardana as Cluster Director of Sales & Marketing for Sun Siyam Iru Fushi and Sun Siyam Pasikudah. Pasan brings over a decade of rich experience in the hospitality industry, having held key leadership roles across luxury, lifestyle,...

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Business & Money | Tuesday 17 September, 2024 12:39 am

Light + Intelligent Building Middle East to showcase latest smart building solutions as sector nears US$23 billion in MEA region

Smart buildings are becoming an increasingly crucial component of global sustainability efforts, particularly in the Middle East and Africa (MEA), where the smart building market is anticipated to grow significantly, with projections indicating that it could reach a value of US$23.31 billion by...

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Environment & Energy | Tuesday 17 September, 2024 12:15 am

Enercap Holdings and Apex Investments in Joint Venture to Build the World’s Largest Supercap Energy Storage Capacity to Meet Exploding Demand

Dubai based supercap energy storage manufacturer Enercap Holdings and Abu Dhabi based Apex Investments PSC, have formed a joint-venture to build 16GWh per year manufacturing capacity of supercap energy storage, a cutting-edge technology with features that surpass the current lithium-ion technology...

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Business & Money | Tuesday 17 September, 2024 12:12 am

Al Fujairah National Insurance Co. Launches FloodGuard: Exclusive Flood, Storm, and Tempest Coverage for Third-Party Insured Motorists

Al Fujairah National Insurance Co. (AFNIC) announces the launch of “FloodGuard,” the region’s first insurance product exclusively covering accidental loss or damage from Flood, Inundation, Storm, and Tempest for third-party insured motorists. FloodGuard offers crucial coverage for...

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