Business & Money | Thursday 28 November, 2024 4:44 pm

RIBA strengthens Gulf presence and partnerships

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...

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Business & Money | Friday 20 December, 2024 6:45 am

NEOM inks pact with Samsung C&T for SAR 1.3B robotics construction project

NEOM signed an agreement to establish a joint venture with Samsung C&T to unlock an initial investment of more than SAR 1.3 billion in construction robotics.   The agreement will accelerate the development and deployment of cutting-edge construction automation technology in Saudi ...

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Business & Money | Friday 20 December, 2024 6:32 am

Idle Lands Program adds 160M sqm to real estate supply

The Idle Lands Program has achieved remarkable growth since its launch, significantly increasing the Kingdom’s real estate supply by more than 160 million square meters (sqm) across various regions.   The program stated that more than 75 million sqm of land have been developed,...

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Business & Money | Thursday 19 December, 2024 11:36 am

Shalfa wins SAR 7.1M project from NWC

Shalfa Facilities Management Co. said it won a project worth SAR 7.1 million, excluding value-added tax (VAT), from the National Water Co. (NWC). In a statement to Tadawul, the company said that the project includes supplying and operating equipment for the inspection of sewage...

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Business & Money | Thursday 19 December, 2024 11:32 am

Red Sea subsidiary increases SAB credit facilities by SAR 100M

Red Sea International Co.’s (RSI) subsidiary, Fundamental Installation for Electric Work Co., signed an agreement to increase the limit of its credit facilities with Saudi Awwal Bank (SAB) by SAR 100 million, according to a statement to Tadawul.  Accordingly, the total value...

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Business & Money | Thursday 19 December, 2024 11:30 am

AIM Congress 2025 opens registration for Regional Pitch Competition

AIM Congress 2025 has opened the registration for its 2025 Regional Pitch Competition, a platform designed to showcase the brightest and most innovative technology startups from around the world. Applications for the regional competitions will close on 15th February 2025, while entries for the ...

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Business & Money | Thursday 19 December, 2024 11:28 am

Nasdaq Dubai welcomes $500 million sustainability-linked loan financing bond by Emirates NBD

Nasdaq Dubai welcomed the listing of Emirates NBD Bank PJSC’s, US$500 million Sustainability-Linked Loan Financing Bond (SLLB), the world’s first SLLB issued under the new International Capital Market Association (ICMA) and Loan Market Association (LMA) framework. Rated A2/A+ by Moody’s...

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Business & Money | Thursday 19 December, 2024 11:26 am

DEWA’s Green Hydrogen project reduces over 40 tonnes of CO2 emissions in transport sector

The Green Hydrogen project implemented by Dubai Electricity and Water Authority (DEWA) at its Research and Development (R&D) Centre at the Mohammed bin Rashid Al Maktoum Solar Park supports sustainable mobility in Dubai, improving energy and resource efficiency in transport, according to a...

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Business & Money | Thursday 19 December, 2024 11:12 am

ACRES 2025's Egypt pavilion features over 400 property projects

The upcoming edition of Sharjah Real Estate Exhibition – ACRES, set to take place from January 22 to 25, 2025, will feature extensive participation from leading Egyptian real estate development and investment companies. Organised by the Sharjah Chamber of Commerce and Industry (SCCI) in...

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Business & Money | Thursday 19 December, 2024 10:38 am

Ceer and Schuler Partner for Building the Most Advanced Press Shop in MENA

 Ceer, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM), has partnered with Schuler to supply and install the first completely automatic press shop at its state-of-the-art Ceer Manufacturing Complex (CMC) in King Abdullah Economy City, the most...

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Business & Money | Thursday 19 December, 2024 10:35 am

EY launches academy in KSA to meet workforce needs

EY has launched its EY Academy in the MENA region with an inaugural location in the Kingdom of Saudi Arabia (KSA). The EY Academy was established to further enhance and accelerate the development of talent across the country and wider MENA region. The organization is the first of its peers to gain...

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