Business & Money | Thursday 12 September, 2024 9:34 am

Riyadh to Host Global PropTech Summit in October

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 ...

More Details

Business & Money | Tuesday 24 September, 2024 10:23 am

Al Khan: ParkPoint’s Saudi Expansion Opens New Growth Horizons with Robust Government and Business Support

Mr. Omar Al Khan, Founder and Managing Partner of ParkPoint, a leading parking management and operations company in Bahrain and Saudi Arabia, emphasized that Saudi Arabia today stands as a highly attractive and dynamic investment destination, and noted that the Kingdom is experiencing a profound...

More Details

Government | Tuesday 24 September, 2024 10:20 am

Dubai Customs Triumphs Globally with Five-Star Excellence Award for Government Communication

Dubai Customs, through its Corporate Communication Department, has won the prestigious International Best Practice Competition (IBPC) award, earning the "Excellence Level – Five Stars" in Government Communication. This recognition highlights the department’s achievements, initiatives,...

More Details

Government | Tuesday 24 September, 2024 10:18 am

Dubai Courts preside over a strategic meeting with judicial authorities to discuss initiating the Unified Central Judicial Execution Project in the Emirate of Dubai

His Excellency Dr. Saif Ghanem Al Suwaidi, Director of Dubai Courts, presided over a high-level meeting today to discuss initiating the Unified Central Judicial Execution Project in the Emirate of Dubai. This initiative is being undertaken in collaboration with the General Secretariat of the...

More Details

Business & Money | Tuesday 24 September, 2024 10:06 am

The Luxury Hotel Boom: Key Drivers Shaping the Global Luxury Hospitality Sector

The global luxury hospitality sector is experiencing significant growth, driven by an influx of affluent travelers seeking exclusive personalized experiences. This is particularly true in the Middle East, a region with ambitious projects attracting the luxury tourist.  A recent viewpoint title ...

More Details

| Tuesday 24 September, 2024 9:56 am

Masdar to Acquire Saeta from Brookfield for $1.4 Billion

 Abu Dhabi Future Energy Company PJSC - Masdar (“Masdar”), the UAE’s clean energy powerhouse, today announced the proposed acquisition of Saeta Yield (“Saeta”) from Brookfield Renewable (NYSE: BEP, BEPC; TSX: BEP.UN, BEPC), together with its institutional partners (“Brookfield”), ...

More Details

Tourism & Hospitality | Tuesday 24 September, 2024 9:38 am

MANDARIN ORIENTAL AL FAISALIAH, RIYADH ANNOUNCES SAUDI NATIONAL DAY CELEBRATIONS

Mandarin Oriental Al Faisaliah, Riyadh is celebrating Saudi National Day with a host of culinary events across the four-day weekend. Starting from 20 September, guests are invited to join together at Riyadh’s most iconic hotel under the patriotic ‘We Dream, We Achieve’ banner.  13...

More Details

Business & Money | Tuesday 24 September, 2024 9:34 am

UAE, IRENA partner to help developing nations raise and achieve NDC ambitions

The United Arab Emirates and the International Renewable Energy Agency (IRENA) today announced a strategic partnership to support 20 developing nations in strengthening their Nationally Determined Contributions (NDCs), under the NDC Partnership, to raise climate ambitions and drive urgent...

More Details

Business & Money | Tuesday 24 September, 2024 9:32 am

Bahrain's NASS bags Aramco stadium deal, invests over SAR 2.5B in Saudi: Chairman

Sami Abdulla Nass, Chairman of Bahrain's Nass Corporation, said the company won a contract to construct part of the new Aramco Stadium, being built in Al Khobar, Eastern Province, in preparation for Saudi Arabia hosting the 2034 FIFA World Cup. The group is...

More Details

Business & Money | Tuesday 24 September, 2024 9:26 am

Naver plans to set up Middle East unit in Saudi Arabia in 2024

South Korea-based Naver Corp. plans to establish a Middle Eastern subsidiary in Saudi Arabia this year to expand its global operations.  The new unit, Naver Arabia, will be responsible for Naver's business in the Middle East, Yonhap News Agency reported.  Naver intends to form...

More Details

Business & Money | Tuesday 24 September, 2024 9:24 am

Riyad Bank plans additional tier-1 sustainable sukuk

Riyad Bank announced its intention to issue USD-denominated additional tier-1 capital sukuk under its international additional tier-1 capital sukuk program, established by the bank on Sept. 10, following the decision of the board of directors on Aug. 19. In a statement to Tadawul, the sukuk,...

More Details