Sharjah Foundation for Supporting Entrepreneurial Projects (Ruwad) approved financing applications for four new entrepreneurial projects in the Emirate of Sharjah, with a total value of AED 670,000. The approval was given during the 37th meeting of the Ruwad's Project Financing Committee of...
DWTC Hospitality, the award-winning catering division of Dubai World Trade Centre (DWTC), and Emirates Flight Catering (EKFC), have announced the signing of a strategic Memorandum of Understanding that brings together two of the region’s leading forces in event catering and hospitality services....
Saudi Arabia’s Ministry of Energy announced the start of the qualification phase for applicants in the licensing tenders for the establishment, ownership, and operation of natural gas distribution networks across five industrial cities Kingdom-wide. The sites are in these locations: Sudair...
The Royal Commission for Riyadh City (RCRC) said applicants who previously owned property and sold it are not eligible to apply through Tawazoun, the Real Estate Balance Platform. In a FAQs post on X platform, the authority noted that residency in Riyadh’s suburbs is not regarded as...
alrajhi bank has reinforced its international reputation by earning an “AA” rating from MSCI’s global ESG benchmark, becoming the only financial institution in Saudi Arabia to achieve this distinction. This recognition places the Bank among the top five banks worldwide with an “AA” or...
Umm Al Qura for Development and Construction Co. (Masar) extended on Sept. 28 Sharia-compliant bank facilities agreements with Alinma Bank. These facilities included a long-term leasing agreement at SAR 4.1 billion and a Murabaha facility at SAR 400 million, according to a statement to...
Kuwait City - From September 25 to 28, Kuwait became a venue for a large-scale cultural dialogue: it hosted the "Moscow Seasons" festival for the first time in Middle East. Visitors tried tea from a samovar, discovered Russian traditions, and made wishes for a future winter trip to Moscow and the...
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The Sharjah Finance Department organised the Fifth Financial Forum, as part of its ongoing efforts to enhance the efficiency of government financial systems and develop national cadres in accordance with international best practices and standards. This will consolidate Sharjah's position as an...
Abu Dhabi-based Global South Utilities (GSU), a resources investment company, announced today the inauguration of the Noor Chad 50 MW Solar PV Plant in N’Djamena, which will provide clean electricity to about 274,000 homes across the country. The inauguration was attended by Mahamat Ahmad...