Business & Money | Monday 11 November, 2024 1:58 pm

ADNOC Gas to acquire 60% stake in Ruwais LNG from ADNOC

ADNOC Gas announced today it expects to acquire ADNOC’s 60% stake in the Ruwais Liquified Natural Gas (LNG) plant in the second half of 2028 at cost. ADNOC Gas expects ADNOC to transfer its 60% share of the Ruwais LNG Project to the company at cost - estimated to be around $5 billion - in...

More Details

Business & Money | Monday 11 November, 2024 1:45 pm

Intersec 2025 to drive road safety as a critical sustainability issue in the UAE

 As the UAE continues to grow as a global hub for innovation and business, road safety remains a vital component of its social sustainability agenda. In year four of the Global Plan for the Decade of Action for Road Safety 2021–2030 to halve road traffic deaths and injuries by 2030, Intersec ...

More Details

Business & Money | Monday 11 November, 2024 1:41 pm

Azizi Developments sells 65% of Azizi Neila within just weeks of its launch

 Azizi Developments, a leading private developer in the UAE, has announced that Azizi Neila, nestled in the highly acclaimed growth corridor, Al Furjan, is now over 65% sold. Among the 22 nationalities that have purchased units so far, buyers from the United Arab Emirates represent the...

More Details

Business & Money | Monday 11 November, 2024 1:37 pm

du wins Organisation of the Year for Youth Empowerment in GCC GOV HR & Youth Awards 2024

 du, the leading telecom and digital services provider, today announced that its Youth Council has been honoured with the prestigious title of “Organisation of the Year for Youth Empowerment in the Public & Government Sector” at  GCC GOV HR & Youth Awards – GOV HR Summit. In ...

More Details

Business & Money | Monday 11 November, 2024 1:29 pm

7th META Cinema Forum Day 1 highlights key Insights, Trends and Industry Milestones

The 7th META Cinema Forum kicked off today at the Le Méridien Dubai Hotel & Conference Centre, bringing together cinema leaders and innovators from across the META region. Opening with remarks from Lara Tan, Conference Director at Great Minds Group, and Paul Schwarz, Technical Director at...

More Details

Business & Money | Monday 11 November, 2024 1:17 pm

KAOUN International and MODON Announce WAM Saudi Expo 2025: Catalysing Saudi Arabia's Industrial Future

In a momentous cooperation signalling a new era of industrial progress, KAOUN International, in strategic partnership with the Saudi Authority for Industrial Cities and Technology Zones (MODON), announces the World Advanced Manufacturing & Logistics Summit & Expo Saudi 2025 (WAM Saudi)....

More Details

Business & Money | Monday 11 November, 2024 1:14 pm

DIFC completes on-time repayment of USD 700mn sukuk

 Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA) region, today announced the full redemption and on-schedule repayment of a USD 700mn sukuk. This marks a significant milestone in implementing its sustainable...

More Details

Business & Money | Monday 11 November, 2024 1:04 pm

ROSHN Group Reveals Rebranding and Evolution into Transformative Multi-Asset Developer to Drive Ambitious Future Strategies

In a strategic move that underscores its commitment to enhancing its core business of developing vibrant and sustainable destinations, ROSHN Group, Saudi Arabia's leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, has introduced a new identity and strategic...

More Details

Business & Money | Monday 11 November, 2024 1:00 pm

Arabian Drilling, Aramco extend land rig contract for SAR 440M

Arabian Drilling Co. (ADC) extended a long-term contract for one of its Saudi Aramco land rigs for SAR 440 million. The extension is for 10 years starting from the expiration of the current contract during the fourth quarter of 2024, the company said in a statement to Tadawul. There are...

More Details

Business & Money | Monday 11 November, 2024 12:52 pm

MODON to establish 2 industrial complexes in Makkah, Al-Kharj at SAR 2B

The Saudi Authority for Industrial Cities and Technology Zones (MODON) concluded two contracts to establish two industrial complexes in the industrial cities of Makkah and Al-Kharj. According to a recent statement, the investments of the two contracts exceeded SAR 2 billion. The...

More Details