Business & Money | Wednesday 25 September, 2024 8:00 am

Envision 2024 announces agenda with industry experts leading the charge towards AI-driven digitalization

 du, from Emirates Integrated Telecommunications Company (EITC), in partnership with the Digital Dubai, is set to host the second edition of the Envision conference. Scheduled under the theme "Gathering Nation’s Leaders for Progress with AI-Driven Digitalization," Envision 2024 will bring...

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Business & Money | Wednesday 25 September, 2024 8:00 am

Gulf Capital joins Abu Dhabi Sustainable Finance Declaration to support the UAE’s Green Economy

Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced today that it has formally joined the Abu Dhabi Sustainable Finance Declaration (ADSFD), formalising its commitment to a sustainable finance and investment industry in line with the UAE’s...

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Business & Money | Tuesday 24 September, 2024 10:36 am

Saudi Arabia Leads G20 Countries in Tourism Growth, According to Latest UN Tourism Barometer

Saudi Arabia has emerged as the fastest-growing G20 country in the latest UN World Tourism Barometer report, marking a significant milestone in the Kingdom’s rapid ascent as a global tourism destination. The Barometer highlights a 73% increase in international tourist arrivals to Saudi Arabia in...

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Business & Money | Tuesday 24 September, 2024 10:26 am

Santander Private Banking Expands Global Presence with First Regional Headquarters in DIFC

 Santander Private Banking, has established a new office in Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa, and South Asia (MEASA) region, reinforcing Dubai’s strategic position as a premier hub for private banking...

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Business & Money | Tuesday 24 September, 2024 10:23 am

Al Khan: ParkPoint’s Saudi Expansion Opens New Growth Horizons with Robust Government and Business Support

Mr. Omar Al Khan, Founder and Managing Partner of ParkPoint, a leading parking management and operations company in Bahrain and Saudi Arabia, emphasized that Saudi Arabia today stands as a highly attractive and dynamic investment destination, and noted that the Kingdom is experiencing a profound...

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Business & Money | Tuesday 24 September, 2024 10:06 am

The Luxury Hotel Boom: Key Drivers Shaping the Global Luxury Hospitality Sector

The global luxury hospitality sector is experiencing significant growth, driven by an influx of affluent travelers seeking exclusive personalized experiences. This is particularly true in the Middle East, a region with ambitious projects attracting the luxury tourist.  A recent viewpoint title ...

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Business & Money | Tuesday 24 September, 2024 9:34 am

UAE, IRENA partner to help developing nations raise and achieve NDC ambitions

The United Arab Emirates and the International Renewable Energy Agency (IRENA) today announced a strategic partnership to support 20 developing nations in strengthening their Nationally Determined Contributions (NDCs), under the NDC Partnership, to raise climate ambitions and drive urgent...

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Business & Money | Tuesday 24 September, 2024 9:32 am

Bahrain's NASS bags Aramco stadium deal, invests over SAR 2.5B in Saudi: Chairman

Sami Abdulla Nass, Chairman of Bahrain's Nass Corporation, said the company won a contract to construct part of the new Aramco Stadium, being built in Al Khobar, Eastern Province, in preparation for Saudi Arabia hosting the 2034 FIFA World Cup. The group is...

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Business & Money | Tuesday 24 September, 2024 9:26 am

Naver plans to set up Middle East unit in Saudi Arabia in 2024

South Korea-based Naver Corp. plans to establish a Middle Eastern subsidiary in Saudi Arabia this year to expand its global operations.  The new unit, Naver Arabia, will be responsible for Naver's business in the Middle East, Yonhap News Agency reported.  Naver intends to form...

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Business & Money | Tuesday 24 September, 2024 9:24 am

Riyad Bank plans additional tier-1 sustainable sukuk

Riyad Bank announced its intention to issue USD-denominated additional tier-1 capital sukuk under its international additional tier-1 capital sukuk program, established by the bank on Sept. 10, following the decision of the board of directors on Aug. 19. In a statement to Tadawul, the sukuk,...

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