Business & Money | Thursday 5 December, 2024 8:57 am

du and Telefónica forge strategic partnership to accelerate innovation and foster mutual business growth

 du, the leading telecom and digital services provider, today announced a strategic partnership with Telefónica to accelerate innovation and enable mutual business growth. du joins the prestigious Telefónica Partners Program, which connects over 65 markets across Europe, Latin America, and...

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Business & Money | Thursday 5 December, 2024 8:00 am

Saudia Signs Strategic MOU with Air France-KLM

Saudia, the national flag carrier of Saudi Arabia, has signed a Memorandum of Understanding (MOU) with Air France-KLM aimed at significantly expanding and localizing its Maintenance, Repair, and Overhaul (MRO) capabilities. The signing ceremony was attended by President Emmanuel Macron of the...

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Business & Money | Wednesday 4 December, 2024 12:48 pm

Inaugural Abu Dhabi Business Week kicks off

The inaugural Abu Dhabi Business Week (ADBW) kicked off today, offering a platform for companies to connect and collaborate to drive the next phase of economic growth and diversification. The event, which runs until 6th December, is being held at the ADNEC Centre Abu Dhabi. Held under the...

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Business & Money | Wednesday 4 December, 2024 12:46 pm

Dubai Chambers, HSBC to support expansion of companies locally, globally

Dubai Chambers has signed a Memorandum of Understanding (MoU) with HSBC Bank Middle East Limited to support the expansion of local companies into global markets and enhance the ability of international companies to establish and grow their businesses in Dubai. Under the terms of the MoU, the...

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Business & Money | Wednesday 4 December, 2024 12:44 pm

Gross banks’ assets reach AED4,378.0 billion by August-End: CBUAE

The Central Bank of the UAE (CBUAE) announced that gross banks’ assets, including bankers’ acceptances, increased by 0.7% from AED4,348.6 billion at the end of July 2024 to AED4,378.0 billion at the end of August 2024. In its Monetary and Banking Developments for August 2024, the Central...

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Business & Money | Wednesday 4 December, 2024 10:37 am

Crown Prince unveils National Red Sea Sustainability Strategy

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of Economical and Development Affairs Council, launched the National Red Sea Sustainability Strategy. According to the Saudi Press Agency (SPA), the strategy aims to protect the Red Sea ecosystem,...

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Business & Money | Wednesday 4 December, 2024 10:31 am

ADNOC Gas awards design contract for gas processing facilities at Bab Gas Cap

ADNOC Gas plc announced today that Worley Engineering Pty Ltd has been awarded the Front-End Engineering and Design (FEED) contract for new gas processing facilities at Bab Gas Cap (BGC). The new facilities would boost ADNOC Gas’ current processing capacity by 20% or over 1.8 billion...

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Business & Money | Wednesday 4 December, 2024 9:48 am

Dubai real estate has another busy month with property sales worth AED40 billion

Dubai’s real estate market has enjoyed another busy month, recording a total of 13,502 property sales with an overall value of AED40 billion in November. A market update issued today by fäm Properties showed that apartment sales worth AED19.9 billion rose 31.2% in volume to 10,857 compared...

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Business & Money | Wednesday 4 December, 2024 8:58 am

FTA urges persons subject to Corporate Tax to file returns, settle payables within legal timeframes

The Federal Tax Authority (FTA) has called on businesses subject to Corporate Tax to file their returns and pay their dues for their respective tax periods within the stipulated legal timeframes. As part of its commitment to supporting and encouraging voluntary tax compliance across business...

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Business & Money | Wednesday 4 December, 2024 8:24 am

Saudi Water Partnership Company Forum and Awards Ceremony Celebrates Achievements and Strengthens Collaboration in the Water Sector

The Saudi Water Partnership Company (SWPC) hosted its exclusive Forum and Award Ceremony at the prestigious Fairmont Hotel Riyadh, bringing together key stakeholders, government officials, and industry leaders for a day of dynamic dialogue, innovative workshops, and strategic networking...

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