Business & Money | Saturday 30 September, 2023 12:58 am

CMA OKs View Real Estate 18.2% IPO on Nomu

The Capital Market Authority (CMA) approved on Sept. 28 registering and offering 600,000 shares, or 18.18% of View Limited Real Estate Development Co.’s capital on Nomu-Parallel Market, according to a CMA statement.   The IPO will be confined to qualified investors and the...

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Government | Saturday 30 September, 2023 12:49 am

Saudi Arabia seeks to become global player in EV industry: Alkhorayef

Saudi Arabia seeks to become a global player in manufacturing electric vehicles (EV) and the related products, such as electric batteries, SPA quoted Minister of Industry and Mineral Resources, Bandar Alkhorayef, as saying at the opening ceremony of Lucid Group’s factory.   The...

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Business & Money | Saturday 30 September, 2023 12:48 am

Italian Riviera-Inspired Dh250 Million ‘Samana Portofino’ Project Launched in Dubai Production City

Samana Developers, one of the fastest growing real estate companies according to Dubai Land Department data of Dubai developers, today launched a Dh250 million ‘Samana Portofino’ residential project in Dubai Production City, a popular freehold community alongside Sheikh Mohammed Bin Zayed...

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Business & Money | Saturday 30 September, 2023 12:22 am

NEOM and MB92 Group announces a yacht repair center at Sindalah

NEOM and leading superyacht maintenance company, MB92 Group, have announced a partnership to establish a 10,000 square-meter repair facility for yachts at NEOM’s luxury island and yachting destination on the Saudi water of the Red Sea, Sindalah.   The partnership aligns with the...

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Sports | Saturday 30 September, 2023 12:20 am

Ajman Tourism Launches Fourth Edition of Ajman Duathlon 2023 on October 1

In its continuous commitment to fostering sports activities and promoting fitness within the community of Ajman, the Ajman Department of Tourism Development (ADTD) is delighted to announce the upcoming fourth edition of the Ajman Duathlon, scheduled to take place at Al Safia Park, Ajman, on October ...

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Business & Money | Saturday 30 September, 2023 12:04 am

Tabby to set up HQ in Saudi Arabia ahead of Tadawul listing: Investment Ministry

The Ministry of Investment announced that Tabby, a leading fintech services provider in MENA, is set to establish its headquarters in the Kingdom ahead of listing its shares on the Saudi Exchange (Tadawul).   The ministry signed a memorandum of understanding today, Sept. 28, with...

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Tourism & Hospitality | Friday 29 September, 2023 5:24 pm

HSMAI Middle East Announces the 6th Annual ROC Commercial Strategy Conference

The Hospitality Sales and Marketing Association International – Middle East (HSMAI ME) is excited to announce the 6th ROC Middle East Commercial Strategy Conference. This year's event will be held at the Conrad Dubai Hotel from November 28 to November 29, 2023 to boost the Middle...

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Business & Money | Friday 29 September, 2023 5:09 pm

Saudi Arabia in talks with major traditional car makers: Alkhorayef

Saudi Arabia is in talks with a major traditional car manufacturer, Asharq Al-Awsat newspaper quoted Minister of Industry and Mineral Resources, Bandar Alkhorayef, as saying.   Several car makers will enter the Saudi market, and the outcomes of these talks are expected to be...

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Business & Money | Friday 29 September, 2023 12:57 am

EVA Pharma to Obtain Over 50,000 sqm of Land for an Industrial Complex Investment in Saudi Arabia

EVA Pharma, one of the fastest-growing pharmaceutical companies in the Middle East and Africa (MEA) region, signed a contract today with the Saudi Authority for Industrial Cities and Technology Zones, known as MODON, to attain a 50,517 sqm plot of land in Sudair City, for its state-of-the-art...

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Business & Money | Friday 29 September, 2023 12:54 am

BIG REVEAL: AZIZI DEVELOPMENTS LAUNCHES AZIZI VENICE IN DUBAI SOUTH

Azizi Developments, a leading private developer in the UAE, has just revealed its plans for Azizi Venice, its venetian-inspired luxury waterfront lifestyle community, set entirely within a swimmable crystal-blue water lagoon, in the rapidly growing Dubai South. The big reveal took place on...

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