Business & Money | Tuesday 29 August, 2023 12:50 pm

SAMA seeks opinion on systemically important financial institutions draft law

The Saudi Central Bank (SAMA) is seeking public consultation on the draft implementing regulation of the Systemically Important Financial Institutions Law.   The central bank has invited stakeholders and the public to send their suggestions and observations on the draft by visiting...

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Business & Money | Tuesday 29 August, 2023 12:46 pm

KING ABDULLAH PORT WELCOMES BACK THE WORLD'S THE WORLD’S JOINT-LARGEST CARGO SHIP.

King Abdullah Port, recognized as the most efficient port worldwide according to the World Bank’s 2022 Report, recently welcomed MSC Irina, the world’s joint-largest cargo ship with a capacity of 24,346 TEUs. This significant achievement comes after the successful handling of the same container ...

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Business & Money | Tuesday 29 August, 2023 12:42 pm

Checkout.com to bring cutting-edge payment solutions to KSA's digital economy during Seamless Saudi Arabia

Global payments solution provider Checkout.com will be showcasing how the world’s most advanced payment solutions can be used to expand Saudi Arabia’s evolving digital economy during this year’s Seamless Saudi Arabia 2023. The highly anticipated conference is scheduled from...

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Business & Money | Tuesday 29 August, 2023 2:32 am

Jabal Omar receives license from Tourism Ministry to operate first tower of Jumeirah hotel

Jabal Omar Development Co. received today, Aug. 28, a license from the Ministry of Tourism to operate the first tower of the five-star Jabal Omar Jumeirah hotel, according to a Tadawul statement. The first tower includes 263 luxurious as well as modern style rooms and suites, in addition to a...

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Business & Money | Tuesday 29 August, 2023 2:27 am

Real Estate Market sees 130,000 sale, purchase transactions in first phase

As many as 250,000 transactions were conducted during the trial launch of the Real Estate Market platform, the Ministry of Justice said.   The sale and purchase transactions amounted to 130,000, while the sorting and merging reached 100,000. The number of mortgages stood at...

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Business & Money | Tuesday 29 August, 2023 2:26 am

du Celebrates the Power of Collaboration for a Sustainable Tomorrow on Emirati Women's Day 2023

du, from Emirates Integrated Telecommunications Company (EITC), today announced special celebrations to mark Emirati Women's Day in alignment with this year’s theme of "We Collaborate for Tomorrow". The theme chosen by H.H. Sheikha Fatima bint Mubarak for Emirati Women's Day 2023 reflects the...

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Business & Money | Tuesday 29 August, 2023 1:24 am

PureHealth Acquires the UK’s Largest Private Healthcare Group for $1.2 Billion

PureHealth, an Abu Dhabi based holding company and the largest healthcare platform in the Middle East, has signed an agreement to acquire Circle Health Group, U.K.’s largest independent operators of hospitals, in a deal valued at $1.2 billion.  Circle Health Group joins a roster of ...

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Business & Money | Tuesday 29 August, 2023 1:10 am

Abu Dhabi Customs completes staff accommodation project in Al Ghuwaifat worth AED 46.5 million

As part of implementing its strategic projects plan, the General Administration of Abu Dhabi Customs has completed a staff accommodation project for employees working at Al Ghuwaifat border crossing in Al Dhafra region. The project, consisting of 110 bedrooms for 220 employees, spans a total...

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Business & Money | Monday 28 August, 2023 4:55 pm

Riyadh hosts the 1st Expo! Expo! MENA out of the United States.

On September 10th , 2023, for the first time outside the United States of America, the exhibition and conference industry exhibition Expo! Expo! MENA will be held in Riyadh in the participation of more than 100 exhibitors who specialize in the exhibition and conference industry from different...

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Business & Money | Monday 28 August, 2023 4:18 pm

DAMAC Announces Participation at 25th WETEX and Dubai Solar Show Exhibition

DAMAC Properties, a leading name in the global real estate market, proudly announced its participation as the diamond sponsor at the 25th Water, Energy, Technology, and Environment Exhibition (WETEX) and Dubai Solar Show (DSS), as part of the company's commitment to sustainability and...

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