Business & Money | Friday 28 July, 2023 5:05 am

BHM Capital and Riyad Capital Announce Strategic Market Making Partnership in the GCC Region

BHM Capital, a leading financial institution in the UAE’s capital markets, and Riyad Capital, a prominent financial institution in Saudi Arabia, are pleased to announce their partnership in the field of Market Making. This strategic collaboration aims to leverage the expertise of both entities to ...

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Technology & IT | Friday 28 July, 2023 5:03 am

Schneider Electric Sustainability Impact program reaches midterm milestone

Schneider Electric, the leader in the digital transformation of energy management and automation, today published details of its quarterly sustainability impact performance, alongside its half-year financial results. At the end of this quarter, the company is halfway through its Environmental, ...

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Healthcare | Friday 28 July, 2023 4:58 am

Saudi cardiac surgeons swap failing cow valve with an artificial replacement

Cardiologists in the Qassim region (central Saudi Arabia) were able to perform a high-risk open-heart operation for a female patient in which the mitral valve was replaced in a complex procedure that took 6 hours. The Qassim Health Cluster announced that a specialized medical team at the...

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Government | Friday 28 July, 2023 4:50 am

PIF Announces the Establishment of the Saudi Tourism Investment Company “Asfar”

The Public Investment Fund (PIF) announced today the establishment of the Saudi Tourism Investment Company (Asfar or the Company) to support the growth of the country’s tourism sector. The company will invest in new tourism projects and develop attractive destinations with hospitality, tourist...

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Tourism & Hospitality | Friday 28 July, 2023 1:52 am

SAUDIA SHOWCASES ENHANCED SEAT MODELS PROPOSED FOR ITS NEW AND EXISTING FLEET

SAUDIA unveiled a range of cutting-edge seat models for its upcoming fleet, and toretrofit its current fleet, as part of an array of innovative initiatives aimed atrevolutionizing the travel experience.  The three-day event took place at the SAUDIA club and exhibited a range of seating models...

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Healthcare | Thursday 27 July, 2023 2:58 pm

Keolis MHI and Senses Residential and Day Care for Special Needs Join Forces to Empower People of Determination

Keolis MHI, the leading transportation company and the operator of Dubai Metro and Tram, and Senses Residential and Day Care Special Needs Centre, a non-profit organization, are delighted to announce the signing of a Memorandum of Understanding (MOU). The MOU signed this month is strategically...

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Government | Thursday 27 July, 2023 11:50 am

PIF and Oman Investment Authority Sign a Memorandum of Understanding To Expand Investment in the Sultanate of Oman

The Public Investment Fund (PIF) announced today that it has signed a Memorandum of Understanding (MoU) with the Oman Investment Authority (OIA). The MoU is intended to expand cooperation and investment between the two entities, enabling new and promising investments in the Sultanate of Oman’s...

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Business & Money | Thursday 27 July, 2023 10:16 am

Azizi Developments partners with German-based Maschinenbau Halberstadt GmbH for Amber and Beachfront

Azizi Developments, a leading private developer in the UAE, has partnered with Maschinenbau Halberstadt GmbH, a renowned German-based, international supplier that manufactures and assembles high-quality, reliable, and environmentally friendly power generating sets, to source top-tier diesel...

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Tourism & Hospitality | Thursday 27 July, 2023 10:12 am

Team Jayco AlUla earns third place in final stage of Tour de France, driving AlUla’s cycling ambition forward

With Tour de France captivating the imagination of cycling enthusiasts all over the world, Team Jayco AlUla has made significant strides in raising awareness of AlUla, the historic oasis city located in the north-west of Saudi Arabia, as a cycling destination of note.  Wrapping up the...

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Business & Money | Thursday 27 July, 2023 9:44 am

NMDC Group doubles first half net profit to AED 881mn

National Marine Dredging Group (ADX: NMDC) has announced a significant surge in its net profit during the first half of 2023, reaching AED 881 million. This remarkable achievement reflects the success of the Group’s geographic expansion strategy and the successful execution of major...

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