Government | Wednesday 18 October, 2023 10:14 am

King Salman Park launches fund to develop real estate project

King Salman Park launched a fund, in partnership with the private sector, to develop a real estate investment project, Saudi Press Agency reported.  The investment fund aims to develop more than 290,000 square meters of King Salman Park, with SAR 4 billion in capital. The...

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Government | Wednesday 18 October, 2023 10:11 am

Saudi Fund for Development Signs First $100 Million Development Loan Agreement to Establish a Climate Smart Infrastructure Project in Grenada

The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed today SFD’s first development loan agreement in Grenada with the Minister of Finance of Grenada, Hon. Dennis Cornwall, through which SFD is contributing $100 million USD to fund the construction of the...

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Government | Wednesday 18 October, 2023 10:09 am

Saudi Fund for Development Signs Additional $20 Million Development Loan Agreement to Fund Infrastructure Projects in the Republic of Central Africa

The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed today an additional development loan agreement with the Prime Minister and Minister of State in Charge of Economy, Planning, and International Corporation of the Republic of Central Africa, H.E. Felix...

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Technology & IT | Wednesday 18 October, 2023 10:05 am

The Department of Community Development showcase innovative social projects during GITEX 2023

The Department of Community Development, the regulatory body for the social sector in Abu Dhabi, showcased the various projects it has presented at the GITEX Technology Exhibition 2023. The DCD is participating in the tech event under the umbrella of the Abu Dhabi Government, and in this...

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Environment & Energy | Wednesday 18 October, 2023 9:58 am

UAE Ranks 7th in the Global ADL GEMRIX Index and 1st in the MENA Region, Leading the Way in E-Mobility Landscape – Arthur D. Little Report

Arthur D. Little (ADL), the world’s first management consulting firm, has released its latest report, "Global Electric Mobility Readiness Index (GEMRIX) 2023," revealing that the UAE has achieved a remarkable milestone by taking the lead position in electric vehicle readiness in the region, and a ...

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Technology & IT | Wednesday 18 October, 2023 8:54 am

Pioneering "PCA-RPA" Project Aims to Transform Customs Operations and Boost Global Trade

Dubai Customs is leading in global AI integration for customs operations with the introduction of the "Post Audit Robotic Process Automation (PCA-RPA)" project at GITEX Global. This pioneering initiative aims to revolutionize customs auditing through AI-driven robots that replicate human...

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Business & Money | Wednesday 18 October, 2023 8:53 am

ACWA Power to foster water innovation through IDA World Congress 2024 Partnership

Saudi-listed ACWA Power, the world’s largest private water desalination company, leader in energy transition and first mover into green hydrogen, has signed an agreement to participate in the International Desalination Association (IDA) World Congress 2024, scheduled to take place in Abu Dhabi...

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Technology & IT | Wednesday 18 October, 2023 3:08 am

du announces strategic win with Emirates NBD to host a Tier III data center

du, from Emirates Integrated Telecommunications Company (EITC), proudly announced today its strengthened partnership with Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region. The new agreement will see du providing Emirates NBD with a secure and...

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Business & Money | Wednesday 18 October, 2023 1:57 am

DAMAC Properties Awards Key Contract for Safa One de GRISOGONO

Leading luxury real estate developer in the UAE, DAMAC Properties has announced the awarding of the main works package for its much-anticipated Safa One de GRISOGONO project. United Engineering Construction Co. LLC (UNEC) has been entrusted with the main works package for the Safa One...

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Technology & IT | Wednesday 18 October, 2023 1:05 am

MBZUAI unveils a world-leading metaverse research center, and an incubator for start-ups and high-tech innovation

Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) – the world's first graduate-level artificial intelligence (AI) university dedicated to research – launched two new centers, namely the MBZUAI Metaverse Center (MMC) and the MBZUAI Incubation and Entrepreneurship Center...

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