Business & Money | Sunday 17 December, 2023 10:40 am

Tibbiyah unit seals SAR 142.3M contract with AGU

Arabian International Healthcare Holding Co.’s (Tibbiyah) 100% owned subsidiary, Al Faisaliah Medical Systems Co.(FMS), inked on Dec. 14 a SAR 142.3 million contract with Arabian Gulf University (AGU), according to a statement to Tadawul.     The...

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Business & Money | Sunday 17 December, 2023 10:34 am

SAMA issues rules regulating BNPL companies

The Saudi Central Bank (SAMA) issued rules regulating buy-now, pay-later (BNPL) companies as part of its role in supervising and controlling these firms.  These rules define BNPL activity as a type of financing that allows a consumer to purchase goods or services...

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Business & Money | Sunday 17 December, 2023 10:22 am

Porsche Design and HONOR Join Forces to Combine Cutting-Edge Technologies with Functional Design

The global technology brand HONOR and the luxury lifestyle brand Porsche Design have announced a strategic partnership. Both brands are united by the vision of creating innovative products that combine exceptional and functional design with cutting-edge technology. Driven by their shared values of...

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Business & Money | Sunday 17 December, 2023 10:02 am

Arab plats Ends in Dubai with sustainable projects worth $ 88 million

Arab plast 2023 in Dubai witnessed the signing of agreements for petrochemical companies to establish projects that produce raw materials that serve the environment and sustainability goals, worth more than $ 88 million. Participants in the exhibition predicted that the rate of plastic...

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Business & Money | Sunday 17 December, 2023 9:52 am

ADDED releases sustainability report, reaffirming commitment to green economy

Measures to reduce emissions and support the UAEs transition to a cleaner, green world have seen a 15% decrease in waste generation from the Abu Dhabi Department of Economic Development (ADDED).  ADDED’s commitment to environmentally sustainable standards, including waste and pollution...

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Business & Money | Sunday 17 December, 2023 9:13 am

ENOC collaborates with SAP and Moro Hub to accelerate the sustainable digital transformation of its operations

In alignment with the UAE Net Zero 2050 strategy, ENOC Group, a leading integrated global energy player, today announced its partnership with SAP, the global leader in enterprise application software, and Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water...

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Business & Money | Sunday 17 December, 2023 9:02 am

Abu Dhabi Securities Exchange (ADX) Signs Agreement with Central Asian Stock Exchange (CASE)

Abu Dhabi Securities Exchange (ADX), the Middle East's second-largest exchange, announced today that it has signed an agreement with Tajikistan’s Central Asian Stock Exchange (CASE), paving the way for CASE to join the Tabadul platform. While this strategic partnership has been established, the...

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Business & Money | Saturday 16 December, 2023 11:30 am

UAE and Azerbaijan sign a MoU set to facilitate digital infrastructure investments

The Ministry of Investment of the UAE and the Ministry of Digital Development and Transport of the Republic of Azerbaijan have signed a Memorandum of Understanding (MoU) aimed at strengthening the digital infrastructure in Azerbaijan with a focus on the development of data centers. The MoU was ...

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Business & Money | Saturday 16 December, 2023 11:17 am

Qiddiya launches 500,000 sqm esports, gaming zone

Qiddiya Investment Co. announced today, Dec. 14, launching an esports and gaming zone in Qiddiya city, which is deemed the world’s first mixed-use e-sports and gaming zone.   The new zone aims to attract 10 million annual visits and consolidate the Kingdom’s position as a global...

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Business & Money | Saturday 16 December, 2023 11:13 am

Non-oil sectors maintain positive growth: CEDA

The Council of Economic and Development Affairs (CEDA), in a meeting held today, Dec. 14, reviewed some reports and topics, including the periodical presentation of the Ministry of Economy and Planning regarding the local and international economic developments.  During the meeting, the...

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