Business & Money | Sunday 10 November, 2024 12:34 pm

AED 1.3 billion of real estate transactions in Central, Eastern regions of Sharjah

A recently published report on the movement of real estate transactions, issued by Sharjah Real Estate Registration Department, has revealed that the cash trading volume in the “Central and Eastern” regions of the emirate reached AED 1.3 billion during the first nine months of 2024, and with a...

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Business & Money | Sunday 10 November, 2024 12:30 pm

UAE hosts GCC workshop on financial action task force mutual evaluation strategies

The UAE’s National Anti-Money Laundering and Combatting the Financing of Terrorism and Financing of Illegal Organisations Committee (NAMLCFTC) hosted a collaborative workshop with the Cooperation Council for the Arab States of the Gulf (GCC), counterparts to discuss the Financial Action Task...

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Business & Money | Sunday 10 November, 2024 12:17 pm

Alesayi Holding Group Showcases Latest Real Estate Innovations and Projects at Cityscape 2024

 Alesayi Holding Group is gearing up for a significant presence at Cityscape 2024, taking place in Riyadh from November 11 to 14. The Group will represent four of its leading real estate subsidiaries: Aqarat for Development and Growth, Saudi Real Estate Development Company, Alesayi...

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Business & Money | Sunday 10 November, 2024 12:13 pm

SingleView Strategically Partners with Thiqah at Seamless Saudi 2024 to Transform Corporate Banking Services

 SingleView, the leading company in open banking and financial technology, announced a series of strategic partnerships during its participation in the Seamless Saudi Arabia 2024 Conference and Exhibition, held at the Riyadh Front Exhibition and Conference Center from October 22 to 24. At the...

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Business & Money | Sunday 10 November, 2024 12:09 pm

TDF at World Travel Market Reinforces Kingdom's Position as Leading Global Tourism Hub

The Tourism Development Fund (TDF) concluded its participation in the World Travel Market, in London, reinforcing Saudi Arabia's position as a leading global tourism hub, having highlighted the vast investment opportunities in the Kingdom's tourism sector, a TDF press release said today. Over...

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Business & Money | Sunday 10 November, 2024 12:06 pm

EY explores how economic expansion drives tax transformation in KSA

 EY hosted the KSA Annual Tax and Zakat Seminar 2024 in Riyadh, Jeddah and Al Khobar with the aim of guiding Saudi businesses in navigating the Kingdom’s evolving tax landscape. The latest edition of the event provided an overview of the significant developments in the Saudi tax system that...

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Business & Money | Sunday 10 November, 2024 10:20 am

Saudi Arabia on verge of promising industrial future: Minister

Bandar Alkhorayef, Minister of Industry and Mineral Resources, said Saudi Arabia is on the cusp of a promising industrial future inspired by the Fifth Industrial Revolution to boost global competitiveness and create a sustainable industrial environment. Entrepreneurship is a crucial pillar of...

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Business & Money | Sunday 10 November, 2024 10:17 am

SPPC announces winning bidders for conventional IPPs projects

The Saudi Power Procurement Company (SPPC) has announced the winning bidders for the Rumah -1, Rumah -2, Al-Nairyah -1, and Al-Nairyah -2 conventional IPPs projects, news agency SPA reported. The first consortium, which comprises Saudi Electricity Company (SEC), International Company for Water ...

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Business & Money | Sunday 10 November, 2024 10:10 am

SPARK signs 5 letters of intent worth SAR 3B

King Salman Energy Park (SPARK) signed five letters of intent with prominent sector players at ADIPEC 2024. Totaling over SAR 3 billion in value, the agreements are set to create over 3,000 direct and indirect jobs at maturity. The five letters of intent with the following industry-leading...

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Business & Money | Sunday 10 November, 2024 10:08 am

Jarir sells building in Al-Madinah to Chairman for SAR 1.65M

Jarir Marketing Co. completed the sale of a residential building in Al-Madinah to the chairman of the board of directors, Muhammad Al Agil, for a total amount of SAR 1.65 million. The building spans an area of 303.61 sqm located in Khazraj Al-Asfarin neighborhood and is not in use by the...

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