The Real Estate General Authority (REGA) will host the inaugural Global PropTech Summit in Riyadh in October. The event will be held under the patronage of Minister of Municipalities and Housing and REGA Board of Directors Chairman Majed Al-Hogail. The National Housing Company (NHC) will serve as a ...
The 2nd Arab Housing and Community Development Forum is set to take place on October 2-3, 2024, at the Movenpick Al Bustan, Dubai, UAE, bringing together key stakeholders, policymakers, and industry leaders to discuss and drive forward innovative housing solutions across the region. This year’s...
Ras Al Khaimah Economic Zone (RAKEZ) signed a Memorandum of Understanding (MoU) with the UAE-India CEPA Council (UICC), marking a significant step in bolstering the UAE-India bilateral economic partnership. The MoU was signed by RAKEZ Chief Government and Corporate Relations Officer Yaser...
Azizi Developments, a leading private developer in the UAE, has announced its partnership with Italian manufacturer Scame Parre S.p.A., which designs and produces industrial connectors, distribution equipment, automation solutions and more, for the supply of high-end ceiling rose and fire rated...
In an effort to support national products and enhance their presence across Nahdi Medical Company’s network of branches, a leader in the pharmacy retail sector in Saudi Arabia, the Saudi Exports Development Authority ‘Saudi Exports’, represented by the ‘Made in Saudi’ program,...
Ras Al Khaimah Economic Zone (RAKEZ) and The Dollar Business FZ-LLC (TDB) have signed a Memorandum of Understanding (MoU), marking the beginning of a new era of technological inclusivity in international trade for global enterprises. This partnership will enable RAKEZ-registered companies to...
IBM, a leading provider of global hybrid cloud, AI, and consulting expertise, announced today the launch of Himmah (meaning ‘determination’), the local edition of the IBM Consulting Associates program designed to train and upskill local Saudi talent. The announcement was made at Think...
HALO Space, a global leader in near-space tourism, today announced the establishment of final assembly and testing facilities in the Kingdom of Saudi Arabia. This milestone, revealed during an exclusive media event in Riyadh, marks a significant step forward in HALO’s strategic partnership...
The Ministry of Energy and Infrastructure (MoEI) announced developing the Federal Roads Service Platform for issuing and renewing NOC for road works. The move is in line with the Zero Government Bureaucracy programme. Mohamed Almail, Assistant Undersecretary for the Federal Infrastructure...
AD Ports Group has signed agreements with two UAE banks to refinance its syndicated loan of US$2.25 billion at more favourable terms, which would enable the Group to save up to AED44 million (US$12 million) in finance costs over the next 12 months. The new facilities will give the Group...
Middle East Specialized Cables Co. (MESC) signed a Shariah-compliant credit facilities agreement worth SAR 100 million with Alinma Bank. In a statement to Tadawul today, Sept. 19, the company said the one-year financing is guaranteed by promissory notes worth 110% of the total ...