Culture & Education | Wednesday 4 October, 2023 9:15 am

32nd Annual INTOSAI Working Group on IT Audit Seminar, and 15th Annual INTOSAI Knowledge Sharing Committee Meeting

The Supreme Audit Institute of the United Arab Emirates is currently hosting two significant events dedicated to advancing knowledge, expertise, and international collaboration in the realm of accountability and auditing.   Today, on October 3, the Working Group on IT Audit Seminar...

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Business & Money | Wednesday 4 October, 2023 9:14 am

Moro Hub Successfully Concludes Its Second Edition of Digital Transformation Summit

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), successfully concluded the second edition of its Digital Transformation Summit. Held at the InterContinental Dubai Festival City Hotel, the summit brought together industry leaders, technology...

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Business & Money | Wednesday 4 October, 2023 1:54 am

Almarai board approves SAR 405 mln investment in bakery segment

Almarai Co.’s board in a meeting on Oct. 2 approved an investment plan of SAR 405 million to increase its fresh bakery capacity, introduce new products and enter the frozen bakery segment in Saudi Arabia and other markets. The investment plan will enable Almarai to offer an expanded range of ...

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Government | Wednesday 4 October, 2023 1:51 am

Opening of first EV factory in Saudi Arabia enhances Vision 2030 success: Cabinet

The Cabinet, chaired by King Salman, stated today, Oct. 3, that the launch of the Kingdom's first electric vehicle (EV) factory adds to Vision 2030's ongoing success in diversifying economic sources, attracting investments, boosting sustainability, and localizing modern...

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Business & Money | Wednesday 4 October, 2023 1:13 am

RTA CEO receives Special Recognition Award at Automechanika Dubai 2023

Ahmed Hashem Bahrozyan, CEO of The Public Transport Agency, Roads and Transport Authority – Dubai (RTA), has received the Special Recognition Award at this year's 20th anniversary special edition of Automechanika Dubai for his outstanding contributions and commitment to innovative transport...

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Business & Money | Wednesday 4 October, 2023 1:04 am

ACWA Power signs SAR 3.4 bln water purchase agreement with DEWA

ACWA Power Co. signed today, Oct. 3, a water purchase agreement with Dubai Electricity and Water Authority (DEWA) for the first phase of the Hassyan Seawater Reverse Osmosis (SWRO) at a total value of SAR 3.42 billion ($914 million).   In a statement on Tadawul, the company said that ...

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Business & Money | Wednesday 4 October, 2023 12:53 am

MIS renews, amends SAR 350 mln credit facility deal with GIB

Al Moammar Information Systems Co. (MIS) announced the renewal and amendment of a Shariah-compliant credit facility deal worth SAR 350 million with Gulf International Bank (GIB), according to a Tadawul statement today, Oct. 3.   The credit facility is valid till June 27, 2024, said...

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Business & Money | Tuesday 3 October, 2023 4:42 pm

NOK Beauty Announces Its Arrival in the UAE - Bringing the Best of Korean Skincare to the Emirates

NOK Beauty, the premier Korean skincare select shop, proudly announces the opening of its flagship store in Yas Mall, Abu Dhabi. To mark this momentous occasion, NOK Beauty is offering a generous 15% savings on all skincare products for a limited two-week period, available both in-store at Yas Mall ...

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Business & Money | Tuesday 3 October, 2023 12:45 pm

Govt procurement utilizes 40.1% of local content: LCGPA

The local content in the Saudi government procurement hit 40.14%, Saudi Press Agency (SPA) reported, citing CEO of the Local Content and Government Procurement Authority (LCGPA), Abdulrahman Al Samari.   Meanwhile, the percentage of correct inclusion of local content requirements in...

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Business & Money | Tuesday 3 October, 2023 12:43 pm

The Family Office Officially Inaugurated its New Fintech Lab in the Presence of CBB Governor

The Family Office, the leading wealth manager in the GCC, is delighted to announce the official inauguration of its new Fintech Lab at its Bahrain headquarters, in the presence of His Excellency Mr. Rasheed Al Maraj, Governor of the Central Bank of Bahrain (CBB). The inauguration coincided with the ...

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