Business & Money | Tuesday 22 October, 2024 10:26 am

Cenomi Retail EGM nods to maintaining non-core brand sale program

Shareholders of Fawaz Abdulaziz Alhokair Co. (Cenomi Retail) approved on Oct. 21 the board's recommendation for the company to push ahead with its program of selling non-core brands. In a statement to Tadawul, the company said that the board was authorized to take any actions necessary...

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Business & Money | Tuesday 22 October, 2024 10:22 am

GO wins SAR 127.65M projects

Etihad Atheeb Telecommunication Co. (GO) was awarded two projects from Detecon Al Saudia Co. LTD. for ICT Services (DETASAD) at a total of SAR 127.65 million,  including VAT. In a statement to Tadawul, the telecom operator said the projects aim to provide dedicated internet...

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Business & Money | Tuesday 22 October, 2024 10:07 am

Informa to launch DigiHealth, the world’s largest gathering of digital health experts, in Dubai

 Informa India, Middle East, and Africa (IMEA), the world’s leading exhibition organiser and the team behind Arab Health, will launch the digital health, technology, and innovation exhibition DigiHealth from 8 – 10 September 2025 at the Dubai World Trade Centre.  The...

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Business & Money | Tuesday 22 October, 2024 10:02 am

RAKEZ strengthens business ties with Canada during successful roadshow

Ras Al Khaimah Economic Zone (RAKEZ) continues to build on its position as a premier destination for global investment, following a successful week-long roadshow across Canada. The initiative engaged Canadian businesses, showcasing the wide range of investment opportunities and strategic advantages ...

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Business & Money | Tuesday 22 October, 2024 9:58 am

Moro Hub Signs MoU with UAE Space Agency to Accelerate Digital Transformation

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), signed Memorandum of Understanding (MoU) with The UAE Space Agency, responsible for the development of the country's space industry. The MoU was signed by Marwan bin Haidar, Vice Chairman and...

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Business & Money | Tuesday 22 October, 2024 9:52 am

Dubai real estate growth set to deliver 90,000 new homes in next two years

 As Dubai real estate heads for another new peak in 2024, property sector growth is set to continue over the next two years, with a record 90,000 new homes entering the market during this period. Figures released by fäm Properties today underline the market’s capacity to keep pace with ...

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Business & Money | Tuesday 22 October, 2024 9:20 am

Azizi Developments partners with Sika AG for waterproofing material

Azizi Developments, a leading private developer in the UAE, has announced its new partnership with Sika AG, a globally renowned Swiss company specializing in innovative waterproofing materials. The collaboration aims to implement advanced solutions across multiple of Azizi’s upcoming flagship...

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Business & Money | Monday 21 October, 2024 3:57 pm

Nutanix Unveils New Office in Riyadh, Symbolizing Growth and Commitment to Saudi Arabia’s Digital Transformation

 Nutanix (NASDAQ:NTNX), a leader in hybrid multicloud computing, proudly announces the opening of its new, state-of-the-art office in Riyadh. Situated on the iconic King Fahd Road at Tuwaiq Gate, this expansion highlights Nutanix’s continued growth and unwavering commitment to Saudi...

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Business & Money | Monday 21 October, 2024 3:55 pm

Axis Communications expands Middle East presence with new office and Axis Experience Centre in Saudi Arabia

Axis Communications, the global leader in security and network surveillance technologies, celebrated the grand opening of the company’s new office and Axis Experience Center in Saudi Arabia, solidifying its presence in the kingdom and reaffirming its commitment to sharing new ideas and fostering...

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Business & Money | Monday 21 October, 2024 10:06 am

CBUAE advances cross-border open finance interoperability with 'Project Aperta'

The Central Bank of the UAE (CBUAE) announced its collaboration on a significant initiative titled ‘Project Aperta’ that aims to connect open finance infrastructures of multiple jurisdictions to advance the UAE’s cross-border interoperability for financial institutions and businesses through...

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