Business & Money | Tuesday 12 November, 2024 9:07 am

UAE's diamond trade to hit $40 billion in 2024: Juma Al Kait

The UAE ranks third globally in the diamond trade after India and the United States, with a share of more than 15% of total international trade in this sector. Juma Al Kait, Assistant Undersecretary for International Trade Affairs at the Ministry of Economy, in statements to the Emirates News...

More Details

Business & Money | Tuesday 12 November, 2024 9:05 am

Emaar Development records 66% increase in property sales during 9M 2024

Emaar Development, the UAE’s premier property development company specialising in build-to-sell assets and majority-owned by Emaar Properties, maintained strong momentum during the third quarter of 2024. Property sales rose by 66 percent to AED 48 billion (US$ 13.1 billion) during the first...

More Details

Business & Money | Tuesday 12 November, 2024 9:03 am

Ministry of Finance, New Development Bank co-organise high-level technical workshop

The Ministry of Finance, in partnership with the Independent Evaluation Office of the New Development Bank (founded by the BRICS countries), co-organised a high-level technical workshop in Dubai under the theme “Learning from global experiences on approaches and practices for sustainable...

More Details

Business & Money | Tuesday 12 November, 2024 9:01 am

IFZA announces launch of BVMW’s representative office in Dubai

IFZA, Dubai’s most dynamic free zone community, has officially opened Der Mittelstand. BVMW e. V. (BVMW) representative office in Dubai, marking a major step in strengthening UAE-German business relations. IFZA has worked with the BVMW on many events and conferences and is proud to be the...

More Details

Business & Money | Tuesday 12 November, 2024 8:57 am

SCCI to explore investment opportunities with Africa

The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Exports Development Centre (SEDC), embarked today, Monday, on a trade mission to Uganda and Kenya. Set to run from 11th to 14th November, the trade mission is part of SCCI’s annual initiatives to expand bilateral ...

More Details

Business & Money | Tuesday 12 November, 2024 8:54 am

Saudi drivers make SAR 1.1B income from ride-hailing apps in 9M: TGA

The total income of Saudi drivers working in via the ride-hailing applications in the Kingdom has exceeded SAR 1.1 billion during the first nine months of 2024, said the General Transport Authority. The total number of trips carried out by passenger transport applications in various cities and ...

More Details

Business & Money | Tuesday 12 November, 2024 8:47 am

NHC inks real estate deals worth above SAR50B

The National Housing Co. signed today, Nov. 11, agreements with 23 local and international real estate developers, at a total value of more than SAR 50 billion, on the sidelines of the Cityscape Global exhibition. The agreements aim to build and develop 62,000 housing units in Khazam,...

More Details

Business & Money | Tuesday 12 November, 2024 8:37 am

NHC signs agreements worth SAR 142B

National Housing Co. (NHC) signed today, Nov. 11, agreements worth SAR 142 billion for 2025 during Cityscape Global exhibition in Riyadh. Mohammed Albuty, NHC’s CEO, pointed out that these agreements represent a significant opportunity for investors, according to Middle East news...

More Details

Business & Money | Tuesday 12 November, 2024 8:35 am

Real estate deals exceed SAR 630B YTD: Al Hogail

The value of Saudi Arabia’s real estate deals year-to-date (YTD) exceeded SAR 630 billion, Minister of Municipalities and Housing Majed Al Hogail said at Cityscape Global 2024 in Riyadh. Meanwhile, the number of real estate developers, local and international, in the Kingdom crossed...

More Details

Business & Money | Tuesday 12 November, 2024 8:26 am

Lucid Partners with Riyadh Season for Second Consecutive Year

Lucid announced its continued partnership with Riyadh Season for the second consecutive year. This collaboration highlights Lucid’s alignment with Saudi Arabia’s Vision 2030, reinforcing the company’s commitment to supporting the Kingdom's ambitions to diversify its economy and enhance...

More Details