Business & Money | Wednesday 20 December, 2023 4:35 pm

New Murabba appointed AtkinsRéalis to masterplan the world’s largest modern downtown in Riyadh

The New Murabba Development Company (NMDC), a fully-owned subsidiary of the Public Investment Fund (PIF), Saudi Arabia, has appointed AtkinsRéalis (TSX: ATRL), a fully integrated professional services and project management company with offices around the world, to support the...

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Business & Money | Wednesday 20 December, 2023 1:01 pm

Azizi Developments partners with Italian brand Fast for Riviera

Azizi Developments, a leading private developer in the UAE, has partnered with renowned Italian brand Fast Spa for the supply of premium outdoor tables for the 35 buildings in the first and second phases of Azizi’s mega-project Riviera, located in the heart of MBR City. Fast Spa, founded in...

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Business & Money | Wednesday 20 December, 2023 12:59 pm

Valuable Capital Group Receives RHQ License From MISA

Value Capital Group Limited (VCGL), a global leading Fintech solution provider, has announced its acquisition of the Regional Headquarters (RHQ) license from the Ministry of Investment of Saudi Arabia (MISA). The license endows VCGL with numerous business benefits for operating within the kingdom,...

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Business & Money | Wednesday 20 December, 2023 10:45 am

Almarai signs multiple agreements to localize jobs through training and recruitment programs

Almarai signed a cooperation memorandum with the Food Industries Polytechnic, the Transport General Authority, and the Saudi Logistics Academy to localize jobs in the food and beverages sector through training and rehabilitation programs ending in employment. This came within the first...

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Business & Money | Wednesday 20 December, 2023 10:42 am

UAE is at the forefront of shaping workplace Health and Safety standards

The United Arab Emirates (UAE) is at the forefront of enhancing occupational and workplace health and safety standards, marking a significant step forward in the region's commitment to fostering safer workplaces and sustainable industries.  Speaking ahead of the...

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Business & Money | Wednesday 20 December, 2023 10:40 am

Riyadh Air Collaborates with Accenture to Build Core Technology Capabilities

Riyadh Air has signed a three-year strategic agreement with Accenture (NYSE: ACN) to help deliver its technology foundation and capabilities as part of its vision to be the world’s first digitally native airline. Accenture will help set up Riyadh Air’s cloud-only infrastructure, cybersecurity...

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Business & Money | Wednesday 20 December, 2023 10:27 am

Salik participates in DFM's Voluntary Carbon Credits Trading Pilot Program

Salik Company P.J.S.C., the Emirate of Dubai’s exclusive toll gate operator, participated in the Dubai Financial Market’s (DFM) pioneering Voluntary Carbon Credit Trading Pilot Program, which was unveiled at the United Nations Framework Convention on Climate Change (COP 28) taking...

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Business & Money | Wednesday 20 December, 2023 10:25 am

Johnson Controls awarded by Al Fattan Properties 10-year Cooling-as-a-Service contract

Leading real estate developer Al Fattan Properties in Dubai has awarded Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, a 10-year Cooling as a Service (CaaS) agreement.  The milestone business deal marks the company’s one of first its kind...

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Business & Money | Wednesday 20 December, 2023 10:22 am

DAMAC’s Cavalli Tower keeps pace with completion

DAMAC, a leading luxury real estate developer based in Dubai, announced that construction of the world’s first Cavalli-branded tower is advancing as planned.  Excavation for the 71-storey tower began in January 2023, before progress was swiftly made on substructure works by April 2023....

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Business & Money | Wednesday 20 December, 2023 10:19 am

Saudi Arabia recalculates mineral wealth, new value to be unveiled in January: Alkhorayef

Saudi Arabia is recalculating its mineral resources to create a new value, different from the previous value of $1.3 trillion, Bandar Alkhorayef Minister of Industry and Mineral Resources told the state-run SPA.    "We will announce our new estimate of the mineral resources ...

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