Business & Money | Thursday 14 March, 2024 11:02 am

DIFC announces enactment of new Digital Assets Law

Dubai International Financial Centre (DIFC) announced the enactment of the world’s first Digital Assets Law, a new Law of Security and related amendments to select existing legislation to cater for the consequences of the new digital assets regime and revised security regime. The legislative ...

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Business & Money | Thursday 14 March, 2024 11:01 am

Multiply Group showcases strong growth momentum, positive impact from its investments

Multiply Group, the Abu Dhabi-based investment holding company, has held its General Assembly Meeting (GAM), which has reflected on a year of strong growth momentum for the Group as well as the positive impact born out of its business activities and investments. The event featured discussions...

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Business & Money | Thursday 14 March, 2024 10:54 am

ADNOC Drilling receives shareholder approval for $358 million final 2023 dividend

ADNOC Drilling Company confirmed shareholder approval of all agenda items at its Annual General Assembly Meeting, including the distribution of its highly attractive final cash dividend for the year ending 31st December 2023, with $358 million. Commenting on the announcement, Abdulrahman...

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Business & Money | Thursday 14 March, 2024 10:53 am

Inbound containers jump 17% to 226,700 in February: MAWANI

The Saudi ports reported a 17% increase in the number of inbound containers to 226,670  in February, compared to 193,940 containers in the same month last year. In a statement, the Saudi Ports Authority (MAWANI) said that outbound containers declined by...

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Business & Money | Wednesday 13 March, 2024 12:48 pm

ADIO expands Abu Dhabi’s trade links with Western Australia

The Abu Dhabi Investment Office (ADIO) has signed a collaboration Letter of Intent with Western Australia's (WA) Department of Jobs, Tourism, Science and Innovation to accelerate growth across shared areas of economic interest. The collaboration is part of a series of strategic ADIO...

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Business & Money | Wednesday 13 March, 2024 12:35 pm

PwC Middle East announces strategic MoUs with key Saudi government entities

At this year's LEAP conference, the region's premier technology event, PwC Middle East marked a significant milestone in technological advancement and digital transformation within the Kingdom.    As the 'Digital Consulting Partner' for the third consecutive year, the...

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Business & Money | Wednesday 13 March, 2024 12:33 pm

du's "Goodness Lasts" Ramadan campaign emphasizes the transformative potential of kindness

du, from Emirates Integrated Telecommunications Company (EITC), today launched their Ramadan campaign under the theme of “Goodness Lasts”. The campaign commences with a collaboration with renowned Emirati film director Aisha Al Zaabi, aiming to highlight the lasting impact of even the...

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Business & Money | Wednesday 13 March, 2024 12:22 pm

Saudi Research Development and Innovation Authority (RDIA) and Gulf Capital sign US$100 million investment partnership

Gulf Capital announced today that it has signed an agreement with the Saudi Research Development and Innovation Authority (RDIA) to deploy over US$100 million into the Saudi technology and innovation sector over the next five years.  The Letter of Intent (LoI) was signed in Riyadh by Dr...

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Business & Money | Wednesday 13 March, 2024 12:13 pm

Success and leadership are celebrated at Perfetti Van Melle's awards Ceremony

Dubai -  Perfetti Van Melle, a prominent player in the Middle East, Africa, and Pakistan's FMCG sector, it’s portfolio boasts globally renowned brands such as Mentos, Chupa Chups, Smint, and Fruittella recently hosted an awards ceremony on February 20th, 2024, at the esteemed One&Only...

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Business & Money | Wednesday 13 March, 2024 11:33 am

ACWA Power gets commercial operation certificate for Abu Dhabi’s Al Taweelah IWP

ACWA Power Co. received on March 12 a commercial operation certificate from Emirates Water and Electricity Co. (EWEC) for Al Taweelah Reverse Osmosis Independent Water Plant (IWP) in Abu Dhabi, according to a statement to Tadawul.   Desalinated water production capacity...

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