Business & Money | Wednesday 12 February, 2025 10:43 am

ADNOC L&S announces revenue of $3,549 million in 2024

ADNOC Logistics and Services plc today announced its fourth quarter (Q4) and full-year 2024 financial results, reporting revenue of $3,549 million (AED13,035 million) for the year, up 29 percent compared to 2023. EBITDA rose by 31 percent to $1,149 million (AED4,219 million) in the same...

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Business & Money | Wednesday 12 February, 2025 10:40 am

Deloitte launches its Silicon-2-Service Offering at LEAP 2025 to accelerate AI adoption in the Middle East

Deloitte, the Innovation & Emerging Technology Partner at LEAP 2025, has launched its comprehensive Silicon-2-Service (S2S) offering in the Middle East. This innovative service offering aims to provide end-to-end strategy, design, deployment, optimization and management of Sovereign AI...

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Business & Money | Wednesday 12 February, 2025 10:33 am

RED SEA FUND OPENS APPLICATIONS FOR CYCLE 1 OF 2025 POST-PRODUCTION GRANTS, AND EXPANDS TO ASIA FOR THE FIRST TIME

The Red Sea Fund, a program under the Red Sea Film Foundation, has opened submissions for post-production projects in the first cycle of the year, running from February 6 to February 27, 2025. For the first time, the Fund is now accepting submissions from Asia, welcoming voices from the...

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Business & Money | Wednesday 12 February, 2025 10:31 am

The Department of Finance In Ajman Organises The “Financial Innovation Hackathon” To Encourage Innovative Teamwork Towards Achieving Financial Sustainability

As part of its initiatives for “UAE Innovates” Month, the Department of Finance in Ajman launched the “Financial Innovation Hackathon”, which will continue from 10 to 13 February 2025, with the participation of representatives from government entities, suppliers, customers, and community...

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Business & Money | Wednesday 12 February, 2025 10:24 am

Saudi Companies Taking the Lead in Leveraging Business AI Effectively, says SAP New Survey Released at LEAP 2025

Enterprises across the Kingdom of Saudi Arabia have made impressive strides in preparing for effective use of Business AI, a YouGov survey commissioned by SAP shows. The results, which were shared at this year’s LEAP event held in Riyadh, will be used to inform SAP’s efforts to expand...

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Business & Money | Wednesday 12 February, 2025 10:17 am

Etihad Salam Telecom Company Partners with Elm at LEAP 2025 to Pioneer Next-Gen Smart City Solutions and Expand Digital Transformation Services

Etihad Salam Telecom Company, a leading provider of telecommunications services in Saudi Arabia, and ELM, a leading digital solutions company, today announced a partnership at LEAP 2025, where Salam is showcasing cutting-edge technology under the theme "Human-Inspired Business Focus". This...

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Business & Money | Wednesday 12 February, 2025 10:10 am

Ericsson and Mobily sign MoU at LEAP 2025 to explore intent-driven autonomous networks

Ericsson (NASDAQ: ERIC) and Mobily sign a memorandum of understanding (MoU) at LEAP 2025, Riyadh, Kingdom of Saudi Arabia, to explore the development of advanced network capabilities with a focus on development towards intent-driven autonomous networks that provide speed, scalability, and capacity...

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Business & Money | Wednesday 12 February, 2025 10:03 am

Zayed Sustainability Prize Opens Global Call for Transformative Solutions

The UAE’s Zayed Sustainability Prize, a portfolio entity of Erth Zayed Philanthropies which has impacted 400 million lives worldwide by advancing innovative solutions to pressing global challenges, has officially announced its call for submissions for 2026. Marking 17 years of continued support...

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Business & Money | Tuesday 11 February, 2025 10:19 am

International Contracting Conference (ICC) at Big 5 Construct Saudi paves the way for innovation and collaboration in Saudi Arabia’s construction sector

Saudi Arabia’s construction industry is rapidly evolving, fueled by technological advancements, strategies in large-scale projects, policy reforms and sustainability. Returning once again at Big 5 Construct Saudi, the International Contracting Conference (ICC), organized by the Saudi Contractors...

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Business & Money | Tuesday 11 February, 2025 10:14 am

Gulf Construction interview with Firas Abou Ltaif, Portfolio Director – Construction, dmg events

1. Big 5 Construct Saudi is expanding to a two-week format in 2025. What prompted this significant change? In its 13th edition, the decision to expand Big 5 Construct Saudi into a two-week format was driven by the exponential growth of Saudi Arabia’s construction sector and the increasing...

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