Business & Money | Tuesday 20 June, 2023 12:43 pm

TDF inks cooperation agreement with Al Othaim Investment

The Tourism Development Fund (TDF) signed a cooperation agreement with Abdullah Al Othaim Investment Co. to develop several tourism projects in Saudi Arabia, with the aim of strengthening the infrastructure in tourist destinations and rendering the kingdom a model for a modern tourist pattern. This ...

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Business & Money | Tuesday 20 June, 2023 12:38 pm

RAKEZ paves the way for UAE-Russia economic cooperation during St. Petersburg visit

Ras Al Khaimah Economic Zone (RAKEZ) representatives recently joined the UAE’s Ministry of Economy delegation which attended the St. Petersburg International Economic Forum (SPIEF) 2023 in Russia. The visit aimed to explore new opportunities for collaboration and strengthen economic ties between...

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Tourism & Hospitality | Tuesday 20 June, 2023 12:20 pm

TAWAL Finalizes Preparations for Hajj Season

TAWAL, the leading Saudi regional ICT infrastructure company, has completed its preparations for Hajj, consolidating its services to better serve Mobile Network Operators in cooperation with the relevant official authorities and Hajj committees. This year, TAWAL has advanced the resilience of...

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Business & Money | Tuesday 20 June, 2023 12:08 pm

Farnek appoints new head of sustainability

Leading UAE-based smart and green facilities management (FM) company Farnek has appointed Muna AlNahdi as its new Head of Consultancy & Sustainability, to direct Farnek’s green strategy and net zero plans. With over 14 years’ experience in the UAE, AlNahdi will lead a multi...

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Business & Money | Tuesday 20 June, 2023 12:00 pm

Construction of third phase of Riviera accelerates

Azizi Developments, a leading private real estate developer in the UAE, is advancing rapidly in the construction of the third phase of Riviera, its French Mediterranean-inspired waterfront community strategically located in the highly sought-after Mohammed Bin Rashid City, amidst Dubai’s...

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Business & Money | Tuesday 20 June, 2023 11:55 am

Saudi Arabia advances to 17th place in World Competitiveness 2023

The Kingdom of Saudi Arabia advanced seven places in the IMD World Competitiveness Ranking 2023, issued by the World Competitiveness Center of the International Institute for Management Development (IMD), to reach 17th place globally from 24th in 2022. The report showed that the Kingdom ranked ...

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| Tuesday 20 June, 2023 11:52 am

Dubai’s Samana Developers Launches AED 510 Million ‘Skyros’ Residential Project Named after Famous Greek Island

Following the high investor turnover from Europe for Samana’s Greek island-themed projects, the developer today launched an AED 510 million (USD 138.8 mln) Skyros residential project in Arjan, which derives the design concept and name after the famous Skyros Island in Greece. The island is known...

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Business & Money | Tuesday 20 June, 2023 11:44 am

King Abdullah Port and “Tabadul” Enter Strategic Partnership to Enhance Digital Logistics Excellence

King Abdullah Port the most efficient port globally by the World Bank (2022 Report) and The Saudi Company for Electronic Information Exchange (TABADUL), the leading provider of innovative digital and smart fintech services to the business and logistics sectors, announced the signing of a...

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Environment & Energy | Tuesday 20 June, 2023 11:03 am

Invictus celebrates crossing one million metric tonnes of agro-commodity exports to Egypt so far this year, expanding its global reach

– Invictus Investment Company Plc (ADX: INVICTUS), today announced that it has successfully contracted over one million metric tonnes of agro-commodities to Egypt. Invictus has seen a remarkable increase in its commodity trading business in Africa, with Egypt as one of the key ...

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Culture & Education | Tuesday 20 June, 2023 10:51 am

MBRSG and the Institute of Electrical and Electronics Engineers (IEEE) sign MoU to Advance Artificial Intelligence Ethics in the UAE and the Region

The Mohammed Bin Rashid School of Government (MBRSG) – the first research and teaching institution focusing on governance and public policy in the Arab world – has signed a memorandum of understanding with the Institute of Electrical and Electronics Engineers Standards...

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