Business & Money | Friday 21 February, 2025 12:41 am

RAKEZ enters strategic partnership with Praxis and Equevu to enhance workplace savings for its business community

Ras Al Khaimah Economic Zone (RAKEZ) has entered into a partnership Praxis, a leader in pension solutions and employer services, and Equevu, a key technology provider specialising in system integrations and secure data management. The collaboration will introduce the Middle East Workplace Savings...

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Business & Money | Friday 21 February, 2025 12:34 am

Alinma Bank launches new platform powered by IBM Hybrid Cloud & AI technology to fuel innovation for Digital Banking

IBM and Alinma Bank announce that Alinma Bank, a leading financial institution in Saudi Arabia, has adopted IBM's advanced hybrid cloud and AI integration technologies. This move aims to enhance Alinma Bank's IT infrastructure and launch a pioneering Application Programming Interface (API)...

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Business & Money | Friday 21 February, 2025 12:32 am

Azizi Developments announces sales launch for Burj Azizi, the world’s second-tallest tower at 725m

Azizi Developments, a leading private developer in the UAE, will officially launch the sales of Burj Azizi, the world’s second-tallest tower, standing at an impressive 725 meters tall on a prime plot of land on Dubai’s Sheikh Zayed Road. The grand launch event will be held at the Coca Cola ...

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Business & Money | Friday 21 February, 2025 12:25 am

UAE’s Premier Marine Delivers First Locally Built Cargo Barge to ADNOC Logistics & Services

In a significant milestone for the UAE’s shipbuilding industry, Premier Marine Engineering Services has successfully delivered its first locally built cargo barge to ADNOC Logistics and Services (ADNOC L&S), a global energy maritime logistics company. The barge, ADNOC B20, marks the...

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Business & Money | Friday 21 February, 2025 12:23 am

REEF Luxury Developments Breaks Ground on REEF 1000 Residence Planting the Future of Luxury Living in Dubai

REEF Luxury Developments has officially held the groundbreaking ceremony for REEF 1000 in the heart of Dubai Land Residential Complex (DLRC), This milestone marks the beginning of a groundbreaking development, featuring the world’s first-of-its-kind Sunken Balcony with outdoor...

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Tourism & Hospitality | Friday 21 February, 2025 12:14 am

Regional hospitality growth under the spotlight at Arabian Travel Market 2025

The hospitality sector in the GCC is experiencing a strong resurgence, with new data compiled by STR on behalf of Arabian Travel Market (ATM) revealing significant growth across the region in 2024.  According to the report, aggregated Revenue per Available Room (RevPAR) across Bahrain,...

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Business & Money | Friday 21 February, 2025 12:11 am

Arcapita signs strategic partnership with King Abdullah Economic City to Develop Industrial Facilities

Arcapita, the global alternative investment firm, and King Abdullah Economic City (KAEC), announced that they have signed a Memorandum of Understanding (MoU) at a ceremony held in Bahrain. This strategic collaboration will focus on developing state-of-the-art warehousing facilities, promoting the...

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Business & Money | Friday 21 February, 2025 12:08 am

CENOMI CENTERS AND EVIQ PARTNER TO DRIVE SUSTAINABILITY WITH SAUDI EV CHARGING ROLLOUT

enomi Centers, the leading owner, operator and developer of contemporary lifestyle centers in Saudi Arabia, is pleased to announce that it has signed a deal with the Electric Vehicle Infrastructure Company (EVIQ) to roll out fast-charging hubs for electric vehicles (EV) across its centers,...

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Business & Money | Friday 21 February, 2025 12:02 am

Estonian companies lead the innovation awards at "Gulfood 2025," shaping the future of the food industry

Estonia returns to Gulfood 2025 for the 8th consecutive year, reaffirming its role as a pioneer in natural, high-quality, and innovative food production. From plant-based alternatives and collagen-infused wellness products to organic, clean-label and food tech solutions. Estonia’s top F&B...

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Technology & IT | Friday 21 February, 2025 12:00 am

Nokia Corporation and Special Integrated Logistics Zone Company (SILZ) Sign a Collaboration Agreement to Explore Establishment of Regional Logistics Hub at Riyadh Integrated

 Nokia has signed a collaboration agreement with Special Integrated Logistics Zone (SILZ) Company to explore establishing a regional logistics hub and repair center at Riyadh Integrated. The agreement outlines a framework for strategic collaboration aimed at enhancing Nokia’s logistics...

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