Business & Money | Thursday 3 October, 2024 10:12 am

UAE participates at meeting of BRICS Ministers of Energy in Russia

The UAE, represented by the Ministry of Energy and Infrastructure (MoEI), participated in the meeting of BRICS Ministers of Energy in the Russian capital, Moscow. At the meeting, Eng. Sharif Al Olama, Undersecretary of Energy and Petroleum Affairs at MoEI, highlighted that the UAE’s...

More Details

Business & Money | Thursday 3 October, 2024 10:07 am

UAE continues to pioneer transition to green economy: DSCE Secretary-General

Ahmad Al Muhairbi, Secretary-General of the Dubai Supreme Council of Energy (DSCE), highlighted that the UAE continues to pioneer the transition towards a green economy, citing pioneering projects in renewable energy, such as the Mohammed bin Rashid Al Maktoum Solar Park in Dubai and nuclear and...

More Details

Business & Money | Thursday 3 October, 2024 10:04 am

Enhancing technical expertise in judicial system strengthens UAE’s leadership position: UBF Chairman

Abdulaziz Al-Ghurair, Chairman of the UAE Banks Federation (UBF), has praised the recent directives issued by H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the Dubai Judicial Council. These directives ...

More Details

Business & Money | Thursday 3 October, 2024 10:02 am

Almajed for Oud to list shares, start trading on Oct. 7

The Saudi Exchange (Tadawul) announced that shares of Almajed for Oud Co. will start trading on the Main Market on Monday, Oct. 7, under the symbol 4165 and ISIN Code SA164HF212H1. The shares will have a +/- 30% and +/- 10% daily sand static price fluctuation limits, respectively. These...

More Details

Business & Money | Thursday 3 October, 2024 9:59 am

Kingdom Holding's JEC seals deal with Binladin Group to finalize Jeddah Tower

Kingdom Holding Co. (KHC) announced that its associate, Jeddah Economic Company (JEC), signed today, Oct. 2, an agreement with Saudi Binladin Group (SBG) to resume the construction of the Jeddah Tower project. In a statement to Tadawul, KHC explained that the deal is valued at SAR 7.2 billion. ...

More Details

Business & Money | Thursday 3 October, 2024 9:55 am

Green Mobility Hall at WETEX 2024 highlights the latest innovative solutions for green transport

The Green Mobility Hall at the Water, Energy, Technology and Environment Exhibition (WETEX) hosts leading local and international companies specialising in mobility, transport and green mobility logistics. The Green Mobility Hall highlights the most prominent innovative solutions and practices that ...

More Details

Business & Money | Thursday 3 October, 2024 9:51 am

UAE Sets the Standard in Global Luxury Hospitality: 57% Growth in 20 Years as the Nation Eyes Top 3 Destination Status

The UAE is firmly cementing its position as the global epicenter for luxury hospitality, with 57% growth in luxury hotel supply over the past two decades and a vision to be among the top 3 global destinations by 2033, according to insights shared this morning at the Future Hospitality Summit (FHS)...

More Details

Business & Money | Thursday 3 October, 2024 9:48 am

TDF Continues Nationwide Tour, Paving the Way for New Tourism Investments in Al-Ahsa

The Tourism Development Fund (TDF), the national enabler of Saudi Arabia's tourism sector, announced today in a press release that it has successfully concluded its latest stop to Al-Ahsa in its ongoing tour of the Kingdom. The visit, aimed at supporting private sector stakeholders and...

More Details

Business & Money | Thursday 3 October, 2024 9:45 am

Taiba Investments and Hilton to Introduce Madinah’s first Waldorf Astoria

Taiba Investments, a leader in Saudi hospitality and real estate, has unveiled a strategic partnership with Hilton (NYSE: HLT) to bring the iconic Waldorf Astoria Hotels & Resorts brand to the holy city of Madinah. Signed during the Future Hospitality Summit (FHS) World in Dubai, this agreement ...

More Details

Business & Money | Wednesday 2 October, 2024 2:09 pm

The critical importance of Command and Control Centres to public safety outlined at Intersec Saudi Arabia

As Saudi Arabia continues to lead the region in cutting-edge security solutions, enhancing its command and control infrastructure is increasingly critical due to rapid urbanisation and complex security challenges.  To address this, Sharang Gupta, Director at PwC Middle East, spotlighted...

More Details