Business & Money | Wednesday 31 January, 2024 12:40 am

Cenomi Centers reports 19% footfall rise to 124M in 2023

Arabian Centres Co. (Cenomi Centers) reported a surge in occupancy rates and visitor number in 2023, as its 22 malls in 10 major Saudi cities received 124 million visitors.   This represents a 19% year-on-year (YoY) rise in footfall, surpassing the pre-Covid level of 114...

More Details

Business & Money | Tuesday 30 January, 2024 9:04 pm

Dubai Customs Makes Waves with Triple Certification Triumph: Elevating Governance, Quality, and Excellence to New Heights

In line with Dubai government's commitment to embrace global best practices, elevate work quality, and achieve institutional excellence, Dubai Customs has achieved a noteworthy milestone. The government department has secured the ISO 37000:2021 Governance Management Standard certification by...

More Details

Business & Money | Tuesday 30 January, 2024 8:18 pm

IMF raises 2024 global growth forecast to 3.1%

The global economy begins the final descent toward a soft landing, with inflation declining steadily and growth holding up, announced the IMF’s Chief Economist, Pierre Olivier-Gourinchas in a press briefing today, January 30, in Johannesburg. But the pace of expansion remains slow, and turbulence ...

More Details

Business & Money | Tuesday 30 January, 2024 9:35 am

UAE healthcare authorities unite for Public Health Conference at Arab Health, emphasising collaborative approaches and future priorities

UAE healthcare authorities, including the Ministry of Health and Prevention (MoHAP), Department of Health - Abu Dhabi (DOH), Dubai Health Authority (DHA), Abu Dhabi Health Services Company (SEHA), and Emirates Health Services (EHS) united this morning to support the Public Health Conference 2024...

More Details

Business & Money | Tuesday 30 January, 2024 9:22 am

Four Seasons Hotel Riyadh Elevates Operational Excellence Through Partnership with Axonify

Four Seasons Hotel Riyadh has partnered with Axonify, a leading provider of operational excellence solutions, based on brain science and AI, to deliver personalized learning to colleagues as part of its mission to prioritize employee performance, development and align learning outcomes with...

More Details

Business & Money | Tuesday 30 January, 2024 9:21 am

KFSH&RC-Madinah Receives Prestigious 2023 Press Ganey Human Experience Guardian of Excellence Award

King Faisal Specialist Hospital & Research Centre (KFSH&RC) in Madinah has won the 2023 Human Experience Guardian of Excellence Award by Press Ganey for its exceptional performance in outpatient services throughout the past year. This prestigious recognition honored a distinguished group of ...

More Details

Business & Money | Tuesday 30 January, 2024 9:00 am

"BHM Capital" records a remarkable growth rate of 101% in the year 2023

BHM Capital, a leading financial institution in the capital markets of the United Arab Emirates, listed on the Dubai Financial Market, has announced an increase in its net profits for the period ending on December 31, 2023, by 101%, reaching AED 31.54 million compared to AED 15.68 million recorded...

More Details

Business & Money | Monday 29 January, 2024 10:43 am

RAK Ruler attends Hira Industries’ latest R&D Center launch in RAKEZ

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, attended the launch of Hira Industries’ Global Research and Development Center in the Al Ghail Industrial Zone.   A global manufacturer and supplier in the construction sector since ...

More Details

Business & Money | Monday 29 January, 2024 9:54 am

Retal signs SAR 48M contract with subsidiary for 4 residential buildings

Retal Urban Development Co. signed today, Jan. 28, a contract worth SAR 48 million, excluding any applicable taxes and fees, with Building Construction Co., one of its subsidiaries.   In a statement to Tadawul, Retal said the contract duration is 20 months from the agreement...

More Details

Business & Money | Monday 29 January, 2024 9:51 am

Sumou inks MoU with FGREC, Melia Hotels to operate hotel in Ajwan project

Sumou Real Estate Co. signed a non-binding memorandum of understanding (MoU) with First Gulf Real Estate Co. (FGREC) and Meliá Hotels International Co. to operate the planned hotel in the Ajwan project, which is currently under development and owned by...

More Details