Business & Money | Monday 17 July, 2023 10:31 am

Herald Holdings expands business at Sharjah Airport International Freezone

Herald Holdings (FZE), a global conglomerate of logistics and shipping companies, has signed an investment agreement with the Sharjah Airport International Free Zone (SAIF Zone) to expand its operations and strengthen its presence in the region.The agreement, inked by Saud Salim Al Mazrouei,...

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Government | Monday 17 July, 2023 10:29 am

Ruwad approves financing projects worth AED375,000

The Project Finance Committee of the Sharjah Foundation to Support Pioneering Entrepreneurs (Ruwad) approved the financing of two projects with AED375,000 after ensuring that they complied with the conditions and standards of Ruwad.The approvals were given during a meeting chaired by Hamad Ali...

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Government | Monday 17 July, 2023 10:24 am

Hamdan bin Mohammed: Guided by Mohammed bin Rashid’s vision, Dubai continues to reinforce its position as major global economic hub

H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, said Dubai continues to reinforce its position as a major global economic hub, guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime...

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Business & Money | Monday 17 July, 2023 10:23 am

Commercial transport activities contributed AED16 bn to Dubai Economy in 2022

Mattar Al Tayer, Director-General, Chairman of the Board of Executives Directors of Dubai’s Roads and Transport Authority (RTA), revealed that AED16.1 billion was contributed to Dubai’s Economy in 2022 by the commercial transport sector, which is regulated by RTA. The sector employs around ...

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Business & Money | Monday 17 July, 2023 10:19 am

Diriyah to open first hotel in December, offer 400 units for sale: CEO of DGDA

Diriyah Co. is growing at a fast pace, Jerry Inzerillo. Samhan Heritage Hotel, which comprises 141 rooms, along with one out of six museums will open next December, Jerry Inzerillo, CEO of the Diriyah Gate ‍Development Authority (DGDA), told CNBC Arabia. Many facilities will be inaugurated...

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Government | Monday 17 July, 2023 10:14 am

Saudi Crown Prince, Japanese PM hold talks in Jeddah

Saudi Arabia's Crown Prince Mohammed bin Salman held talks with Japanese Prime Minister Fumio Kishida at Al-Salam Palace in Jeddah.  The Crown Prince held an official reception ceremony for the Japanese premier.  Saudi Arabia seeks to boost cooperation...

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Business & Money | Monday 17 July, 2023 10:10 am

WAJA signs SAR 9.2 mln contract with NHC

WAJA Co. signed a contract, on July 16, to undertake improvement works on the main building of National Housing Co. (NHC), the company said in a statement to Tadawul. The contract, which has a duration of 100 days, is valued at SAR 9.17 million, including value-added tax. The work scope...

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Business & Money | Monday 17 July, 2023 10:08 am

Ministry of Economy: Real estate transactions likely to slow down

The Ministry of Economy and Planning expects the coming period to see slowdown in real estate transactions and prices due to the size of the housing industry. This was driven by the housing sector scope on the Real Estate Price Index and its role in driving the real estate...

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Environment & Energy | Monday 17 July, 2023 10:05 am

NWC: We completed implementation of the pumping system for Buraidah from Al-Mustawa water field at SR 105m

The National Water Company (NWC), represented by its Northern Cluster, completed the implementation of a water project in Qassim Region. This project aims to enhance the supply of water to the city of Buraidah, at a total cost of 105 million Saudi Riyals, in order to increase the coverage...

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Business & Money | Monday 17 July, 2023 9:57 am

DUBAI AVIATION CITY CORPORATION AND DUBAI SOUTH SIGN AGREEMENT WITH DUBAI INSURANCE

Dubai Aviation City Corporation through its affiliated corporation Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, announced the signing of an agreement with Dubai Insurance Co. PSC (DIN) to initiate a comprehensive Employee Protection...

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