25 Rabi' I 1446 - 28 September 2024
    
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Eye of Riyadh

Riyadh to Host Global PropTech Summit in October
Business & Money | Thursday 12 September, 2024 9:34 am
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 ...
Saudi Arabia welcomes 4.2M tourists for leisure, holidays in 7M
Business & Money | Saturday 28 September, 2024 4:07 pm
Saudi Arabia received nearly 17.5 million international tourists, marking a 10% increase year-on-year (YoY), according to the Ministry of Tourism. This figure was recently announced by the United Nations World Tourism Organization (UNWTO), with Saudi Arabia leading the G20 countries in terms...
Aster mulls $250M asset acquisition for Saudi expansion
Business & Money | Saturday 28 September, 2024 3:57 pm
Aster DM Healthcare Ltd.’s new Gulf entity plans to acquire assets worth $250 million, Bloomberg reported, citing Alisha Moopen, Managing Director and CEO of the GCC unit. She added that the move aims to expand the company's footprint in Saudi Arabia. The deals are likely to be for...
Kafalah offers SAR 100B financing guarantees for 23,000 enterprises
Business & Money | Saturday 28 September, 2024 3:55 pm
Abdulrahman Mansour, Chairman of Small and Medium Enterprises Loan Guarantee Program (Kafalah), said the program offered financing guarantees worth SAR 100 billion to support more than 23,000 small and medium-sized enterprises (SMEs). This would not have been possible without the joint efforts ...
TGA amends mechanism for objecting to land transport violations
Business & Money | Saturday 28 September, 2024 3:53 pm
The Transport General Authority (TGA) approved amendments to the mechanism for objecting to land transport violations issued against individuals or entities that breach regulations. The new amendment states that "Any concerned party has the right to object to a violation before the authority...
Saudi mining sector promising for foreign, local investors: Minister
Business & Money | Saturday 28 September, 2024 3:48 pm
Saudi Arabia’s mining industryboasts competitive advantages that make it a promising sector for foreign and local investors, Minister of Industry and Mineral Resources, Bandar Alkhorayef, saidat Saudi Night event in Las Vegas to introduce the Kingdom’s heritage, history, development programs...
Dubai Customs Launches Innovative Training Program to Enhance Emiratisation Efforts
Business & Money | Saturday 28 September, 2024 3:44 pm
Dubai Customs is launching a significant initiative to train and employ 80 new high school graduates as "Customs Inspectors." in line with the vision of the Dubai government and contributing to the goals of the Dubai Economic and Social Agenda, along with the leadership's commitment to invest in...
Azizi Developments invests in IT advancements
Business & Money | Saturday 28 September, 2024 3:39 pm
Azizi Developments, a leading private developer in the UAE, is advancing rapidly in its digital transformation journey by implementing several cutting-edge technologies and tools to enhance its efficiency and security. Azizi Developments has partnered with Dell Secureworks for its TAEGIS XDR...
RAKEZ hosts industry-specific event to promote digital marketing excellence among clients
Business & Money | Saturday 28 September, 2024 3:23 pm
 Ras Al Khaimah Economic Zone (RAKEZ) recently conducted an insightful session on ‘Driving Growth through Digital Marketing’ to enhance digital marketing competence within its business community. It featured insights from marketing experts Marco Borghi of RAK Ceramics and Lalaine...
The Digital Cooperation Organization and the League of Arab States sign an MoU to accelerate digital transformation and economic development
Business & Money | Saturday 28 September, 2024 2:56 pm
 The Digital Cooperation Organization (DCO), a global multilateral organization committed to enabling digital prosperity for all by accelerating the inclusive growth of the digital economy, signed a memorandum of understanding (MoU) with the League of Arab States (LAS) to cooperate in...
UAE's Vision for Sports to Be Unveiled at Region’s Largest Sport Business Forum
Business & Money | Saturday 28 September, 2024 2:47 pm
The Sport Industry Forum, set to take place on 2-3 October at NYU Abu Dhabi, will bring together over 300 global and regional leaders.  The event will feature a keynote from H.E. Ghanim Mubarak Al Hajeri, Director General of the General Authority of Sports, who will provide an update on...
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