Government | Wednesday 31 May, 2023 3:44 pm

Saudi Arabia Census Shows Total Population of 32.2 Million, of Which 18.8 Million are Saudis

The General Authority for Statistics (GASTAT) announced today the first results of the Kingdom’s 2022 census, which puts the population of Saudi Arabia at 32,175,224 million. Of the total number, Saudis make up 18.8 million (58.4%), while non-Saudis, 13.4 million, constitute 41.6% of the...

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Culture & Education | Wednesday 31 May, 2023 3:10 pm

Riyadh to host inaugural edition of ‘Athar – Saudi Festival of Creativity’ in November 2023

The inaugural edition of Athar - Saudi Festival of Creativity, the largest gathering of the creative marketing industry in the Kingdom that recognises and celebrates local creativity, has been officially announced. Set to take place from 13–16 November 2023, at the Hotel Crowne Plaza Riyadh...

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Government | Wednesday 31 May, 2023 2:56 pm

ADDED launches SMEs incentive porgramme, establishes competence centre to facilitate transition to smart manufacturing and Industry 4.0

The Abu Dhabi Department of Economic Development (ADDED) has announced the launch of an incentive porgramme and establishment of the Smart Manufacturing competence centre (SMCC) to facilitate transition to smart manufacturing and Industry 4.0 as part of the 34 initiatives mapped out by...

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Environment & Energy | Wednesday 31 May, 2023 2:51 pm

The Industry and Mineral Resources Minister honors SDB for its role in supporting entrepreneurs

The Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef who is also the chairman of the National Industry and Services Development Program Committee honored the Social Development Bank (SDB) for its ongoing role in support "Thousand Miles for Entrepreneurship" program. SDB ...

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Government | Wednesday 31 May, 2023 2:46 pm

On Global Day of Parents, the Department of Community Development raises awareness on ways to build stronger families

In light of Global Day of Parents today, the Department of Community Development shared insight on the key elements that contribute to a healthy and well-established family, emphasising the important role parents play in this process. The DCD pointed out that a resilient family is created by...

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Business & Money | Wednesday 31 May, 2023 2:41 pm

Chinese lighting company selects Ras Al Khaimah for its first manufacturing unit in the Middle East

Maxtron Show Lighting (MSL), a growing family-owned business from China, is setting up a state-of-the-art manufacturing unit in Ras Al Khaimah Economic Zone (RAKEZ). Located in Al Hamra Industrial Zone, the new production facility spans over 1,200 m2 and is dedicated to producing...

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Government | Wednesday 31 May, 2023 2:35 pm

GPSSA to host the 15th Annual Seminar for Civil Pension Authorities of the GCC countries

The General Pension and Social Security Authority (GPSSA) is hosting the 15th Annual Seminar for Civil Pension Authorities of the GCC countries, entitled ‘Effective Investment Tools for Pension Funds and Social Security’ on June 5th and 6th 2023, at the Rixos Premium Saadiyat Island - Abu...

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Business & Money | Wednesday 31 May, 2023 12:03 pm

Nine Yards Real Estate Development breaks ground on Sea La Vie the luxurious residential project on Yas Bay

Nine Yards Real Estate Development has broken ground on Sea La Vie the iconic AED 2 billion development at Yas Bay. Sea La Vie’s site covers an area of 30,000 square meters at Yas Bay on Yas Island, one of the leading destinations for leisure and luxury in Abu Dhabi.  An...

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Government | Wednesday 31 May, 2023 11:49 am

The Group announces record Revenues, Net Profit, Assets and Equity.

ICD announced today its consolidated financial results for the year ended 31 December 2022 having generated record Revenues of AED 267.4 Billion and a record Net Profit of AED 36.1 Billion. All business segments contributed to this remarkable achievement.Revenues reached a record AED 267.4 Billion, ...

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Business & Money | Wednesday 31 May, 2023 10:56 am

Retail residential mortgages fall to lowest level since December 2018

Residential real estate finance provided by banks to individuals declined by 55% year-on-year (YoY) to SAR 4.15 billion in April, data issued by the Saudi Central Bank (SAMA) showed.Compared to March 2023, residential real estate finance dropped by nearly SAR 3.1 billion, or 43%. Residential...

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