Business & Money | Tuesday 5 July, 2022 3:33 pm

Al Rushaid Group signs National EPC Champion Agreement as part of Aramco Namaat Venture

Al Rushaid Group, a leading Saudi-owned conglomerate excelling in creating and growing companies in multiple sectors, including oil & gas, energy services, construction, mining, agriculture, healthcare, and real estate, has announced the signing of an agreement between ARPIC, Samsung, and...

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Business & Money | Tuesday 5 July, 2022 10:40 am

DUBAI SOUTH PROPERTIES ANNOUNCES LAUNCH OF SOUTH BAY

 Dubai South Properties announced the launch of South Bay, a new master development in the heart of The Residential District at Dubai South. The new project will be home to over 800 villas and townhouses and more than 200 waterfront mansions. It will also feature a 1-kilometre long crystal...

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Business & Money | Monday 4 July, 2022 3:38 pm

CEPA agreements with India, Israel, Indonesia to achieve national economy's growth by 2.6% by 2030: Thani Al Zeyoudi

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said the comprehensive economic partnership agreements (CEPA) signed by the UAE with India, Israel and Indonesia in the first half of 2022 will help grow the national economy by 2.6 percent by 2030. In his statement to the...

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Business & Money | Monday 4 July, 2022 3:35 pm

GCC stocks down for second straight month in June amid recession fears

Stock exchanges in the Gulf Cooperation Council states logged their second straight monthly decline in June as fears over inflation and recession rattled investors. MSCI GCC Index, which captures the performance of indexes across the region, was down 9 percent as it exited its worst month so...

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Business & Money | Monday 4 July, 2022 2:54 pm

Pearl Initiative and Saudi Business Leaders Launch Business Integrity and Diversity Workshops in Riyadh

 The Pearl Initiative, a non-profit organisation focused on corporate accountability and transparency in the Gulf region, hosted a two-day convening in Riyadh featuring members of its newly launched working groups. Attended by over 100 business leaders and executives from across the Gulf...

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Business & Money | Monday 4 July, 2022 2:22 pm

The seventh edition of the Dates Festival kicks off in Souq Al Jubail

The seventh edition of the Dates Festival, which runs until the end of September, was launched in Souq Al Jubail, a project of Sharjah Asset Management Company, the investment arm of the Government of Sharjah.  Activities included participation from the market date shops' owners and several...

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Business & Money | Sunday 3 July, 2022 12:06 pm

Successful opening of the Labour Eid Festival at Al Saja’a Labor Park By the Standards Development Authority

The Labour Standards Development Authority in Sharjah (LSDA) has opened the Eid Al Adha Labour Festival in the Labour Park in Al Sajaa Industrial Area in Sharjah with great success. The first day of the festival, which will last until July 15, was attended by a big number of workers. The opening...

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Business & Money | Sunday 3 July, 2022 9:22 am

Jeddah Season receives 6 million visitors

Jeddah Season set a new attendance record over its 60 days of events this year. Organizers said 6 million people had visited the season — the highest number in its short history.Jeddah Season began in May and ended on Saturday, July 2. The number of visitors it attracted suggests the Kingdom’s...

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Business & Money | Sunday 3 July, 2022 9:10 am

Zain KSA welcomes CITC Governor ahead of Hajj season Ready to offer pilgrims best services with top capacity

Zain KSA has completed all arrangements and preparations to receive the pilgrims during this year’s Hajj season. All the technical requirements have been fulfilled to ensure top quality, speed, and reliability of communications and digital services offered to pilgrims in the vicinity of ​​the ...

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Business & Money | Friday 1 July, 2022 3:05 pm

OPEC daily basket price stood at $115.61 a barrel Thursday

The price of OPEC basket of thirteen crudes stood at $115.61 a barrel on Thursday, 30th June, compared with $117.64 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) is made up of the following: Saharan Blend (Algeria), Girassol (Angola),...

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