23 Jumada II 1446 - 24 December 2024
    
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Eye of Riyadh

RIBA strengthens Gulf presence and partnerships
Business & Money | Thursday 28 November, 2024 4:44 pm
As part of its work to promote architectural excellence and grow its global membership, the Royal Institute of British Architects (RIBA) has been taking steps to strengthen its presence and strategic partnerships in the Gulf. This work coincides with the 15th anniversary of the RIBA Gulf...
Real estate trailblazers honored as World Realty Congress 2024 concludes in Dubai
Business & Money | Monday 23 December, 2024 1:56 pm
The World Realty Congress 2024, powered by LOAMS, concluded on December 13 after five days of thought-provoking discussions, forward-looking masterclasses, and collaborative events at the Palazzo Versace, Dubai. Bringing together the International Real Estate Community Management Summit (IRECMS),...
IDEX and NAVDEX 2025 launch on February 17 under UAE President's patronage
Business & Money | Monday 23 December, 2024 10:34 am
Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, Supreme Commander of the Armed Forces, ADNEC Group, in strategic partnership with the Ministry of Defence, will be organising the International Defence Exhibition (IDEX) and the Naval Defence Exhibition...
ADNOC Drilling’s two brand new jack-ups rigs arrive in UAE
Business & Money | Monday 23 December, 2024 10:31 am
ADNOC Drilling’s two brand new jack-ups rigs have arrived in the UAE and will start operating by Q1. This takes the fleet size to 142 rigs, adding further to ADNOC Drilling being among the largest rig fleet owners in the world. The new rigs top off a superlative year for ADNOC Drilling and a ...
'Economic Content Creators’ programme caps first week
Business & Money | Monday 23 December, 2024 10:27 am
The Dubai Press Club marked the successful completion of the first week of the ‘Economic Content Creators’ programme, organised with the support of the UAE Ministry of Economy. The event, which heralds the initial phase of the Dubai Content Creators Programme, was attended by a group of...
Expo Centre Sharjah sets record with 80 exhibitions, 3 million visitors in 2024
Business & Money | Monday 23 December, 2024 10:26 am
Expo Centre Sharjah continues its journey of achievements, cementing the emirate’s status as a leading regional and global hub for exhibitions and conferences. It further strengthens the exhibition industry’s role as a key driver of economic diversification and sustainable growth in Sharjah and ...
Launch of Winter National Awareness Campaign for Safety and Security at Fuel Stations
Business & Money | Monday 23 December, 2024 10:23 am
The Joint Committee for Safety and Security at Fuel Stations announced the kickstart of the Winter National Awareness Campaign for Safety and Security at Fuel Stations, coinciding with the holidays and camping season. Running from 23rd December 2024, until 23rd January 2025, the campaign aims...
MEDGULF inks contract with SEC at over 40% of 2023 revenue
Business & Money | Monday 23 December, 2024 10:17 am
The Mediterranean and Gulf Insurance and Reinsurance Co. (MEDGULF) was awarded a one-year contract, on Dec. 22, from the Saudi Electricity Co. (SEC) to provide health insurance coverage for SEC employees. The value of the contract exceeds 40% of revenue as per the latest audited financial...
Savola to repurchase additional SAR 81M sukuk
Business & Money | Monday 23 December, 2024 10:14 am
Savola Group announced today, Dec. 22, its plan to buy back an additional SAR 81 million worth of sukuk from its SAR 1 billion issuance in 2019, maturing in 2026. In a statement to Tadawul, the company said this would increase the total redeemed sukuk to 94% of the SAR 1 billion initially...
Banan board approves 23% stake purchase in Qimam for SAR 16.3M
Business & Money | Monday 23 December, 2024 10:12 am
Banan Real Estate Co. and its subsidiary, Al-Aziza Real Estate Development and Investment Co., secured board approval to acquire stakes in Qimam Noshoz Real Estate Development Co., a simplified joint-stock company. The transaction will be financed using a mix of the company's and subsidiary's...
JustMarkets Celebrates Key Milestones From 2024
Business & Money | Monday 23 December, 2024 10:11 am
JustMarkets concludes 2024 with notable achievements that highlight their ongoing focus on reliable and smart solutions for the worldwide trading community. Dubai — The outgoing year marked the company's 12th anniversary, a milestone underscoring JustMarkets' long-standing presence in the...
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DP World issues $100 million Blue Bond
DP World issues $100 million Blue Bond
Sunday 22 December, 2024 8:37