Business & Money | Wednesday 7 August, 2024 10:14 am

Azizi Developments’ Beach Oasis reaches 33% construction milestone

Azizi Developments, a leading private developer in the UAE, has announced the 33% construction completion of Beach Oasis, its vibrant mixed-use community located in one of the emirate’s most dynamic and youthful areas, Dubai Studio City. Beach Oasis is scheduled for handover in Q2 of...

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Business & Money | Wednesday 7 August, 2024 10:01 am

Saudi Fund for Development Announces Celebration of 50 Years of Global Impact with Anniversary Event

The Saudi Fund for Development (SFD) will host a Gala Dinner on September 01, 2024, under the theme Celebrating 50 Years of Global Impact, commemorating five decades of driving sustainable global development and progress. Since its establishment in 1974, the SFD has been the main international ...

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Culture & Education | Tuesday 6 August, 2024 2:19 pm

Addaera Research Centre Conducts Study on Major Drivers and Trends in HR Management

As part of its collaboration with Dubai Government Human Resources Department (DGHR), Addaera Research and Polls Centre undertook an exploratory study to research different aspects of human resources management in both government and private sectors in Dubai.  The study titled...

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Business & Money | Tuesday 6 August, 2024 1:59 pm

SABIC signs potential investment deal to build plant in China’s Fujian

Saudi Basic Industries Corp. (SABIC) signed today, Aug. 6, under the auspices of the Saudi Ministry of Energy, a potential investment agreement with the Fujian government to build an engineering thermoplastics compounding plant in Fujian Province in China. ...

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Business & Money | Tuesday 6 August, 2024 11:11 am

Ministry of Finance achieves advanced ranking in institutional resilience

Adding yet another feather to its cap, the Ministry of Finance (MoF) has secured an "advanced" position in institutional resilience, following a comprehensive assessment of its maturity level in this area.The evaluation, conducted in collaboration with the British Standards Institute (BSI), was...

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Business & Money | Tuesday 6 August, 2024 11:06 am

ADNOC signs long-term Heads of Agreement with Japan's Osaka Gas for Ruwais LNG project

ADNOC announced today the signing of a long-term Heads of Agreement (LNG agreement) with Osaka Gas, one of the largest utility companies in Japan, for the delivery of up to 0.8 million metric tonnes per annum (mmtpa) of liquefied natural gas (LNG). The LNG will primarily be sourced from...

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Business & Money | Tuesday 6 August, 2024 11:01 am

Saudi Steel Pipe, Aramco sign SAR 138M contract

Saudi Steel Pipe Co. (SSP) signed today, Aug. 5, a contract to supply pipes to Saudi Aramco, at an estimated value of SAR 138 million. In a statement on Tadawul, the company said the financial impact of the 12-month contract is expected to show during the second and third...

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Business & Money | Tuesday 6 August, 2024 10:57 am

Lucid inks deal worth $1.5B with PIF’s Ayar

Lucid Co. concluded an agreement with Ayar Third Investment Co., a subsidiary of the Public Investment Fund (PIF), to obtain an amount of $1.5 billion. According to a statement by Lucid, Ayar will purchase convertible preferred shares worth $750 million, and provide loan facilities worth $750...

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Business & Money | Tuesday 6 August, 2024 10:49 am

Presight shows strong revenue and profit growth in H1 2024 financial results

 Presight AI Holding PLC (“Presight” or the “Company”), (ADX: PRESIGHT) today announced first half results for the six months to 30th June 2024, with strong growth in year-on-year revenue and profitability, underpinned by multi-year contracts, positive deployment mix, and the...

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Sports | Tuesday 6 August, 2024 10:40 am

REDSTRIKE and NBXL Announce a Strategic Partnership to launch the NBXL Arab Professional Basketball League in Saudi Arabia.

NBXL, the world’s first US-Middle East based independent professional basketball league, proudly announces a strategic partnership with Redstrike Arabia, the newly established GCC and MENA division of Redstrike Global. This partnership, celebrated as a key milestone in NBXL's expansion strategy,...

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