Business & Money | Sunday 3 September, 2023 8:27 am

American Express® Saudi Arabia to participate at Seamless 2023 event as the exclusive sponsor of the VIP Lounge

American Express® Saudi Arabia is pleased to announce that it will be the exclusive sponsor of the VIP Lounge at Seamless Saudi Arabia 2023 on September 4-5 under the name ‘AMEX Premium Lounge’.   The Lounge will provide access to VIP attendees who have received special...

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Healthcare | Sunday 3 September, 2023 8:26 am

Emirates Health Services earns the Emirati Board Accreditation for its Family Medicine program

The Emirates Health Services has achieved another milestone in its extensive portfolio of achievements by receiving a five-year accreditation from the National Institute for Health Specialties (NIHS) for its Family Medicine Programme. The certification follows the program successfully...

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Business & Money | Saturday 2 September, 2023 4:56 am

ADGM’s Registration Authority fines KPMG Lower Gulf Limited for audit failings

The Registration Authority (RA) of Abu Dhabi Global Market (ADGM) has taken enforcement action against ADGM-registered audit firm, KPMG Lower Gulf Limited (KPMG). The RA imposed a financial penalty in the amount of USD 30,000 against KPMG for ineffective systems and controls leading to...

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Technology & IT | Saturday 2 September, 2023 4:44 am

HONOR Unfolds the Smartphones of Tomorrow at IFA 2023

Global technology brand HONOR today announced its strategic vision for the future of smartphones at IFA 2023. During its keynote session entitled “Unfold Tomorrow” HONOR CEO George Zhao outlined the brand’s commitment to making foldable smartphones mainstream, with its latest human-centric...

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Business & Money | Saturday 2 September, 2023 2:15 am

ADNEC Group launches charter flights to Europe, Central Asia to attract tourists to Abu Dhabi

ADNEC Group, through its tourism arm Tourism 365, has launched new charter flight services in the UAE, enhancing travel options for international tourists from multiple destinations while propelling the UAE's hospitality offering and reputation as a premier global destination.This new service,...

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Business & Money | Saturday 2 September, 2023 1:58 am

SABIC-Sinopec JV begins commercial operations in China

Saudi Basic Industries Corp. (SABIC) and China Petroleum & Chemical Corporation (Sinopec) announced starting commercial operations at their equally-owned joint venture (JV), Sinopec SABIC Tianjin Petrochemical Co. (SSTPC), to produce polycarbonate in China. The complex has an annual...

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Business & Money | Saturday 2 September, 2023 1:55 am

Ministry of Industry issues 102 new licenses worth SAR 1.2 bln in July

The Ministry of Industry and Mineral Resources issued 102 new industrial licenses in July, at a total investment value of SAR 1.2 billion.   The new licenses covered five industrial activities, the majority of which (or 21 licenses) were in the food production field, followed by the...

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Business & Money | Saturday 2 September, 2023 1:13 am

DIFC announces proposed amendments to select legislation

Dubai International Financial Centre (DIFC) has proposed the enactment of amendments to the Employment Law, Trust Law, Foundations Law and Operating Law. The proposed legislative changes seek to ensure DIFC Laws remain in line with international best practice and OECD requirements. In addition,...

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Environment & Energy | Saturday 2 September, 2023 1:08 am

Saudi Arabia aims to help handle world's mineral supply chain shortage: Alkhorayef

Saudi Arabia's mining strategy aims to make the Kingdom a key partner in solving the shortage of mineral supply chains, said Bandar Alkhorayef, Minister of Industry and Mineral Resources.   This shortage is due to the strong demand for the minerals used in the electric vehicle...

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Tourism & Hospitality | Saturday 2 September, 2023 1:02 am

Tourism Ministry records SAR 22.8 bln surplus from travel payment balance in Q1

The Ministry of Tourism stated that the Kingdom achieved a SAR 22.8 billion surplus from the balance of travel payments in the first quarter of 2023.   In a statement, the ministry added that this was supported by a nearly 225% surge in inbound tourism revenues compared to the first...

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