Business & Money | Thursday 22 August, 2024 9:48 am

RAKBANK partners with Bitpanda Technology Solutions to unlock digital assets in the UAE

The National Bank of Ras Al Khaimah (“RAKBANK”), a major UAE bank that has been leading in the digital assets sector, has reached an agreement with Bitpanda Technology Solutions, a leading digital assets infrastructure provider, to provide a robust platform that will enable UAE residents to...

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Business & Money | Wednesday 21 August, 2024 1:05 pm

WTM London 2024 conference programme announced

More than 60 conference sessions have been confirmed for this year’s World Travel Market London, bringing together leading experts and ministers, helping WTM cement its reputation as the world’s most influential travel and tourism event. With regenerative tourism and transformative...

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Business & Money | Wednesday 21 August, 2024 11:35 am

DEWA discusses enhancing ties with Chinese companies in energy, water

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), welcomed Ou Boqian, Consul-General of the People's Republic of China to Dubai and the Northern Emirates, to enhance collaboration in the energy and water sectors and review the promising investment opportunities in ...

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Business & Money | Wednesday 21 August, 2024 11:32 am

Operation of three water reservoirs in Riyadh to serve Diriyah, Nakheel and Hattin

The National Water Company (NWC) announced that it has recently completed the construction and operation of a number of water reservoirs to support the daily water supply in Diriyah Governorate and Hattin and Al Nakheel districts north of Riyadh. The total cost is more than 43 million Saudi Riyals...

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Business & Money | Wednesday 21 August, 2024 10:26 am

ADQ partners with ne’ma to support UAE’s efforts to reduce food loss, waste

ADQ, an Abu Dhabi-based investment and holding company, announced the signing of a multi-year partnership agreement with ne’ma, the UAE’s National Food Loss and Waste Initiative. Launched in 2022 in the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, ne’ma is a...

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Business & Money | Wednesday 21 August, 2024 10:25 am

SPC Free Zone, Alaan launch platform to explore emerging market opportunities

Sharjah Publishing City Free Zone (SPC Free Zone) and Alaan, a leading provider of digital business spending solutions, recently hosted ‘Chai with Alaan x SPC Free Zone’, a dynamic networking event at the Rove Downtown Hotel in Dubai. The event, which brought together a diverse group of...

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Business & Money | Wednesday 21 August, 2024 10:03 am

Naseej Tech inks SAR 44.5M contract with Education Ministry

Naseej for Technology Co. (Naseej Tech) signed today, Aug. 20, a contract worth SAR 44.53 million (including VAT) with the Ministry of Education for Saudi Digital Library subscription to digital information resources, according to a statement to Tadawul. The three-year contract entails a...

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Business & Money | Wednesday 21 August, 2024 10:01 am

Bena to set up SAR 25M steel plant in Riyadh

Bena Steel Industries Co.'s board of directors approved today, Aug. 20, the establishment of a steel manufacturing plant in Riyadh at a cost of about SAR 25 million. The project commencement date and the executing party/counterparties will be announced later, the company said in a statement to ...

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Business & Money | Wednesday 21 August, 2024 10:00 am

Lana wins project from Ministry of Defense

Lana Medical Co. was awarded a project for the disposal of high-risk medical waste for the General Directorate of Health Services and hospitals, clinics, and related departments affiliated with the Ministry of Defense. The project value (SAR 2.43 million) exceeds 5% of Lana’s total revenues...

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Business & Money | Wednesday 21 August, 2024 9:57 am

ACWA Power starts development of Biruni wind power plant in Uzbekistan

ACWA Power announced it began today construction of the Biruni independent power plant project in Karakalpakstan, Uzbekistan. The project includes the construction of a 200 MW wind power plant and a 100 MW battery storage system in the Biruni region of Karakalpakstan. The investment value ...

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