Business & Money | Wednesday 14 February, 2024 9:52 am

Nikken Sekkei-designed One Za’abeel Project inaugurated in Dubai

Leading Japanese architectural consulting firm Nikken Sekkei celebrated the official opening of its One Za’abeel project, wholly owned by the Investment Corporation of Dubai, with a ceremony at the site on February 10. Distinguished attendees included...

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Business & Money | Wednesday 14 February, 2024 9:50 am

Human Capability Development Program explores labor market needs

The Human Capability Development Program (HCDP) is working on a mega project to anticipate the needs of the labor market, CEO Anas AlMudaifer told CNBC Arabia.   He added that this will help narrow the gap between the labor market needs and human capability in the educational and...

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Business & Money | Wednesday 14 February, 2024 9:37 am

Cenomi Centers signs SAR 5.25B credit facilities with multiple banks

Arabian Centres Co. (Cenomi Centers)  signed, on Feb. 13, a Shariah- compliant guaranteed Murabaha credit facility agreement and a revolving murabaha facilities agreement with lower borrowing costs and more flexible covenants compared to existing facilities, with multiple banks and for a total ...

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Business & Money | Wednesday 14 February, 2024 9:30 am

Emirates Integrated Telecommunications Company PJSC Reports its Q4 and full-year 2023 Results

Emirates Integrated Telecommunications Company PJSC published today its financial results for Q4 and the full-year 2023. Full-year revenues grew by 6.9% to AED 13.64 billion highlighting sustained demand for mobile services, and strong growth in postpaid and fixed services. Full-year EBITDA surged...

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Business & Money | Wednesday 14 February, 2024 9:23 am

SCAI Partners with stc and Tahakom to Launch Sawaher Platform by Harnessing AI Technologies and Smart Analytics

The Saudi Company for Artificial Intelligence (SCAI), wholly owned by the Public Investment Fund (PIF), has announced its strategic alliance with Saudi Telecom Company (stc) and Saudi Technology and Security Comprehensive Control Company (Tahakom) for their collaboration on the launch of the...

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Business & Money | Wednesday 14 February, 2024 9:12 am

Riyadh to host Saudi Rare Disease Summit on February 16

Riyadh to host the Saudi Rare Disease Summit on 16 -17 February 2024, organized by the Saudi Pediatric Neurology Society (SPNS), and Maarefah Management the world-class events management company, and accredited by the Saudi Commission for Health Specialties, and supported by the Rare Disease Day,...

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Business & Money | Wednesday 14 February, 2024 8:57 am

The Digital Cooperation Organization Launches the Third DiplomaticConnect at the Embassy of Pakistan in Riyadh

The Digital Cooperation Organization (DCO) launched its third DiplomaticConnect event at the Embassy of Pakistan in Riyadh, bringing together diplomats, government officials, private sector leaders, and technology experts to explore the transformative potential of digital innovation in diplomatic...

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Business & Money | Wednesday 14 February, 2024 8:51 am

Dulsco Environment managed over 1 million tonnes of waste in 2023

Dubai-based Dulsco Group, a leader in People Solutions, Environmental Solutions, Talent Solutions, and Energy Recruitment Solutions, has marked a series of significant sustainability achievements during the UAE’s first of two official Years of Sustainability, underscoring its commitment to...

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Business & Money | Tuesday 13 February, 2024 4:53 pm

Saudi Arabia eyes 10 spots on world's top 50 cities: Al-Hogail

Minister of Municipal, Rural Affairs, and Housing, Majed Al-Hogail, said that the ministry aims to earn at least 10 spots on the world's top 50 cities list.   This will be realized by achieving governance and sustainability, interacting with residents to meet their aspirations and...

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Business & Money | Tuesday 13 February, 2024 10:53 am

Joby to Launch Air Taxi Service in UAE

Joby Aviation, Inc. (NYSE:JOBY), a company developing all-electric aircraft for commercial passenger service, today announced it has signed a definitive agreement with Dubai’s Road and Transport Authority (RTA) to launch air taxi services in the Emirate by early 2026, with Joby targeting initial...

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