Tourism & Hospitality | Monday 28 April, 2025 1:21 pm

Saudia launches its New Lounge at London Heathrow Terminal 4

Saudia, the national flag carrier of Saudi Arabia, has announced the opening of its new lounge at London Heathrow Airport, Terminal 4. This exclusive space seamlessly blends modern luxury with authentic Saudi hospitality, offering a refined and luxurious experience for First and Business Class...

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Culture & Education | Monday 28 April, 2025 1:17 pm

Three Stops, Thousands of Titles: Menassah Champions UAE Publishing at Rabat, Sharjah & Abu Dhabi

Emirati publications continue to secure a prominent place among leading literary works at local and regional book fairs, as Menassah Distribution Company participates in three major cultural events across Rabat, Sharjah, and Abu Dhabi throughout April and May 2025. With each event, the company...

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Business & Money | Monday 28 April, 2025 1:15 pm

RAKEZ welcomes 3,676 new companies in Q1 2025, marking 23% year-on-year growth

Ras Al Khaimah Economic Zone (RAKEZ) recorded a 23% increase in new business registrations during the first quarter of 2025, compared to the same period in 2024, with 3,676 new companies joining the emirate’s thriving business community. This strong performance reflects the momentum of a dynamic...

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Business & Money | Monday 28 April, 2025 10:52 am

EQUITATIVA REPORTS RECORD PERFORMANCE FOR EMIRATES REIT’S 2024 RESULTS

 Equitativa (Dubai) Limited (“Equitativa”), manager of Emirates REIT (CEIC) PLC (“Emirates REIT” or the “REIT”), today reported FY2024 financial results for Emirates REIT.  KEY HIGHLIGHTS Total property income grew by 79% year-on-year to USD 133m...

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Business & Money | Monday 28 April, 2025 10:22 am

“International Smart Card” and “MENA Fintech Association” Forge Strategic Partnership to Shape the Future of Digital Finance in the Region

The MENA Fintech Association (MFTA), a not-for-profit organisation based in Dubai and registered with the Abu Dhabi International Financial Centre (ADGM), today announced partnership with the International Smart Card (ISC), aka Qi, Iraq’s foremost provider of digital payments, fintech solutions,...

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Business & Money | Monday 28 April, 2025 10:19 am

Arabian Cement seeks to buy back 150,000 shares, SAR 595M reserve transfer

Arabian Cement Co.’s board of directors proposed the repurchase of up to 150,000 shares, or 0.15% of its common stock, to be held as treasury shares under its Long-Term Incentive Program (LTIP) in favor of its employees, aimed at attracting and retaining outstanding talent.   The...

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Business & Money | Monday 28 April, 2025 10:11 am

Eastern Province offers SAR 330B in investments: Al Falih

Saudi Arabia’s Minister of Investment, Khalid Al-Falih, said that the Eastern Province offers more than 600 investment opportunities, with a total value exceeding SAR 330 billion.   Speaking at the Jubail Investment Forum 2025, Al-Falih pointed out that the stock of foreign direct...

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Healthcare | Monday 28 April, 2025 10:08 am

Fakeeh Care inks MoU with Fosun Pharma to develop cell, gene therapies

Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care) and its subsidiaries, Fakeeh Care Group and Fakeeh Care, signed a strategic memorandum of understanding (MoU) with global innovator Shanghai Fosun Pharmaceutical Co. Ltd. to bring advanced cell- and gene-therapy solutions—most notably...

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Business & Money | Monday 28 April, 2025 10:06 am

Emaar EC reschedules SAR 3.39B bank facilities

Emaar The Economic City (Emaar EC) signed agreements on April 27 to reschedule existing bank facilities and secure new financing arrangements, the company said in a statement to Tadawul.   The agreements were signed with Alinma Bank, Saudi Awwal Bank (SAB), Banque Saudi Fransi...

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Business & Money | Monday 28 April, 2025 8:23 am

du Pay marks first anniversary with half a million app downloads and half a billion dirhams in transactions

 du Pay, the advanced digital payment arm of du, today celebrated its first anniversary following a year of significant milestones, strategic partnerships, and a focus on customer-centric initiatives. Over the past year, du Pay hit half a million downloads across iOS and Android platforms and...

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