18 Jumada II 1446 - 19 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...
An unforgettable Cuban night awaits at Il Baretto Riyadh this New Year’s Eve
Tourism & Hospitality | Thursday 19 December, 2024 9:43 am
The vibrant Havana Club ’25 soiree will merge the heady energy of Cuba with the timeless sophistication of Italy for one night only For one unforgettable night, Il Baretto Riyadh is thrilled to present its New Year's Eve 2024 celebrations, a unique fusion of the colour, spirit, and hedonism...
Los Angeles’ favorite Italian restaurant, Jon & Vinny’s, is now open at Ithra, Dhahran.
Tourism & Hospitality | Thursday 19 December, 2024 8:59 am
DHAHRAN, SAUDI ARABIA. Bringing a heavy dose of Italian charm and comfort food — just how “Nonna” used to make it — to Saudi Arabia for the second time, Jon & Vinny’s has opened at Dhahran’s famed King Abdulaziz Center for World Culture (Ithra). This opening follows the highly...
FTA launches world’s first tax refund system for e-commerce retail purchases for tourists
Business & Money | Wednesday 18 December, 2024 10:20 am
The Federal Tax Authority (FTA) announced the launch of a new VAT refund system for E-Commerce Retail Purchases for tourists during their stay in the UAE, which is considered the world's first of its kind. In a press release issued today, the FTA explained that the launch of this new system,...
Minister of Climate Change and Environment attends ICBA's 25th Jubilee celebration
Business & Money | Wednesday 18 December, 2024 10:17 am
Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, attended the 25th Jubilee celebration of International Center for Biosaline Agriculture (ICBA) at its headquarters in Dubai. The event welcomed other high-profile dignitaries, including global sustainability leaders,...
Sharjah Chamber enhances industrial cooperation, strategic partnership with its Indian counterpart
Business & Money | Wednesday 18 December, 2024 10:14 am
The Sharjah Chamber of Commerce and Industry (SCCI) has discussed ways to expand collaboration in the industrial sector with the Federation of Indian Chambers of Commerce and Industry (FICCI), as part of its ongoing efforts to foster economic partnerships with high-potential markets. The...
Air Arabia adds Sochi to its growing network in Russia
Business & Money | Wednesday 18 December, 2024 9:53 am
Air Arabia has announced the launch of its new route between Sharjah and Sochi in Russia. The new non-stop flights will connect Sharjah International Airport to Sochi International Airport with a frequency of three flights per week starting from 27th June 2025. Adel Al Ali, Group Chief...
DEWA generates 45.14 TWh of power in nine months
Business & Money | Wednesday 18 December, 2024 9:45 am
Dubai Electricity and Water Authority (DEWA) generated 45.14 terawatt hours (TWh) of power during the first 3 quarters of 2024, an increase of 5.49% over the same period in the previous year. This reflects the significant development and economic growth of the Emirate of Dubai, and DEWA’s...
UAE-China Investment Summit explores pathways to economic growth
Business & Money | Wednesday 18 December, 2024 9:42 am
The UAE-China Investment Summit, hosted by HSBC in collaboration with Abu Dhabi Global Market (ADGM) during Abu Dhabi Finance Week (ADFW), concluded with a resounding call to strengthen economic ties and foster strategic partnerships between the UAE and China. Celebrating 40 years of economic...
Gross banks’ assets exceed AED4.4 trillion by end of September: CBUAE
Business & Money | Wednesday 18 December, 2024 9:37 am
The Central Bank of the UAE (CBUAE) revealed that Gross banks’ assets, including bankers’ acceptances, increased by 0.5% from AED4,378.0 billion at the end of August 2024 to AED4,401.7 billion at the end of September 2024. In its Monetary & Banking Developments Report for September...
Saudi Arabia spends over SAR 500M on mineral exploration: Deputy Minister
Business & Money | Wednesday 18 December, 2024 9:34 am
Saudi Arabia is currently spending more than SAR 500 million on mineral exploration, compared to less than SAR 25 million in 2018, with an eye for 50% more year-on-year (YoY) in 2024, said Deputy Minister of Industry and Mineral Resources Khalid Al-Mudaifer. “Spending on exploration...
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