Business & Money | Sunday 1 December, 2024 9:47 am

28th World Investment Conference in Riyadh Concludes with Calls for International Collaboration, Innovation, and Sustainability.

International collaboration, innovation and sustainability were the key themes of the 28th World Investment Conference (WIC28), hosted by Invest Saudi and the World Association of International Promotion Agencies (WAIPA) that concluded in Riyadh this week.  Commenting on the success of...

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Business & Money | Sunday 1 December, 2024 9:43 am

RTA Instructs Salik to implement Variable Pricing

Salik Company PJSC (“Salik” or the “Company”), Dubai’s exclusive toll gate operator, announces that it has been informed by the Road and Transport Authority (“RTA”) to introduce variable pricing on Salik toll roads to be implemented by the end of January 2025.  Variable...

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Business & Money | Sunday 1 December, 2024 9:40 am

Masdar Closes Deal to Acquire TERNA ENERGY Announces Goal to Supercharge Growth in Greece and Eastern Europe

 Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders, and...

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Business & Money | Sunday 1 December, 2024 9:24 am

Nahdi Medical Company Solidifies Its Position as the Largest Primary Healthcare Provider in the Kingdom with the Opening of the Tenth ‘Nahdi Care’ Clinic

Nahdi Medical Company bolsters its leadership position in the healthcare sector by opening the first-ever ‘Nahdi Care’ clinic complex in the Asir region, marking its tenth clinic opening as part of its network of clinics that are spread across the Kingdom. The clinic opening, which was held...

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Business & Money | Sunday 1 December, 2024 9:19 am

Najm Partners with Saudi Aramco to Raise Awareness of Off-Job Injuries

Najm for Insurance Services participated in the Off-Job Injuries Awareness Campaign organized by Saudi Aramco under the slogan “Everyday Safety: Small Choices, Big Impact.” The campaign aims to promote safety culture among employees and highlights the importance of simple decisions in...

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Business & Money | Sunday 1 December, 2024 9:13 am

First Abu Dhabi Business Week expects breakout launch with iconic global tech & business leaders

The inaugural Abu Dhabi Business Week (ADBW) announced today a stellar lineup of global business leaders, innovators, and prominent public figures for its first edition commencing December 4th.  Held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed  Al Nahyan,...

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Business & Money | Sunday 1 December, 2024 9:09 am

Nasscom Signs MoU with DIFC to Strengthen FinTech and Innovation Collaboration, Enhancing Global Opportunities for Indian Tech Companies

Nasscom, the leading voice of the USD 254bn technology industry in India, has signed a Memorandum of Understanding (MoU) with Dubai International Financial Centre, the leading global financial centre in the Middle East, Africa, and South Asia (MEASA) region. The MoU was signed in the presence of...

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Business & Money | Saturday 30 November, 2024 2:47 pm

Saudi banks among most profitable globally, tapping international markets not an issue: Al-Jadaan

Saudi banks are among the most profitable globally, Minister of Finance, Mohammed Al-Jadaan, said.   He added that Kingdom's banking sector is ranked among the top five strongest banking sectors in the world. This ranking is based on international data and assessments from the...

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Business & Money | Saturday 30 November, 2024 2:43 pm

Moody's rating reflects PIF's exceptional investment ability: Official

Fahad AlSaif, Head of Global Capital Finance and Investment Strategy and Economic Insights Division at the Public Investment Fund (PIF), said Moody's upgrade of the fund's credit rating reflects its exceptional ability to execute its investment strategy while maintaining robust creditworthiness and ...

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Business & Money | Friday 29 November, 2024 7:26 am

Burj Khalifa's facade gets a dazzling lighting overhaul

Emaar Properties has announced the completion of a revolutionary façade lighting upgrade for Burj Khalifa, the tallest building in the world. This dynamic RGBW lighting system, integrating cutting-edge technology with the building’s architectural artistry, will debut during the UAE’s Eid Al...

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