Business & Money | Thursday 28 November, 2024 4:44 pm

RIBA strengthens Gulf presence and partnerships

As part of its work to promote architectural excellence and grow its global membership, the Royal Institute of British Architects (RIBA) has been taking steps to strengthen its presence and strategic partnerships in the Gulf. This work coincides with the 15th anniversary of the RIBA Gulf...

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Technology & IT | Thursday 16 January, 2025 7:14 pm

HONOR Launches Magic7 Pro in MEA: Empowering the Future with AI and Seamless Mobile Innovation

Global technology brand HONOR today announced the launch of the HONOR Magic7 Pro in Dubai, UAE. Committed to providing the ultimate AI Phone experience, HONOR introduced the HONOR Magic7 Pro which features cutting-edge AI capabilities that revolutionize photography, enhance display quality,...

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Business & Money | Thursday 16 January, 2025 11:00 am

Emirates SkyCargo heads into 2025 with 15% increase in cargo capacity to meet surging global demand

Throughout 2024, the demand for Emirates SkyCargo’s specialist product portfolio, extensive global network and all widebody fleet continued to grow exponentially, with no signs of slowing down. To meet the burgeoning global demand, the airline has wet-leased two additional Boeing 747...

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Business & Money | Thursday 16 January, 2025 10:57 am

EtihadWE, partners unveil major sustainability initiatives at WFES 2025

The World Future Energy Summit (WFES), Etihad Water and Electricity (EtihadWE), with the Ministry of Energy and Infrastructure (MoEI), RAK Municipality, and RAK Public Services Department unveiled a series of ambitious sustainability initiatives, at a joint press conference held today. These...

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Business & Money | Thursday 16 January, 2025 10:54 am

'Sharjah Shopping Promotions' continues to boost retail sales, attract shoppers with thrilling prize draws and competitions

The “Sharjah Shopping Promotions 2024-2025” continues to achieve remarkable success in various shopping malls and retail stores across the emirate's different cities and regions, creating a significant boost in the retail sector. Organised by the Sharjah Chamber of Commerce and Industry...

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Business & Money | Thursday 16 January, 2025 10:49 am

Mansoor bin Mohammed opens 10th edition of Dubai International Project Management Forum

Under the patronage of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Ports and...

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Business & Money | Thursday 16 January, 2025 10:39 am

ADNOC Gas explores groundbreaking technology that turns methane into graphene, hydrogen

ADNOC Gas plc, in partnership with Baker Hughes, an energy technology company, has successfully installed British climate technology firm Levidian’s patented LOOP technology at the Habshan Gas Processing Plant. This marks the first-ever deployment of the technology at an operational gas...

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Business & Money | Thursday 16 January, 2025 10:34 am

Aramco, Maaden plan transition minerals JV, commercial production likely in 2027

Saudi Arabian Oil Co. (Aramco) and Saudi Arabian Mining Co. (Maaden) announced today, Jan. 15, the signing of non-binding heads of terms for the formation of a minerals exploration and mining joint venture (JV) in the Kingdom. The proposed JV will focus on energy transition minerals,...

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Business & Money | Thursday 16 January, 2025 10:23 am

Bank AlJazira completes SAR 1B AT1 sukuk issuance

Bank AlJazira completed the offering of its SAR-denominated additional Tier (AT) 1 sukuk, under the Tier 1 Issuance program worth SAR 5 billion, the bank said in a statement on Tadawul.   The current offering amounted to SAR 1 billion and was settled on Jan. 15. Sukuk...

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Business & Money | Thursday 16 January, 2025 10:20 am

Maaden signs SAR 3.5B contracts to develop 3rd phosphate fertilizer project

Saudi Arabian Mining Co. (Maaden) signed a bundle of contracts related to the development of the third project for manufacturing phosphate fertilizers, with a value of SAR 3.5 billion. Maaden announced on Tadawul that key contracts for its third phosphate fertilizer project include: Ras...

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Business & Money | Thursday 16 January, 2025 10:16 am

Al Akaria secures SAR 700M credit facility with Bank AlJazira

Saudi Real Estate Co. (Al Akaria) obtained Shariah-compliant credit facilities with Bank AlJazira at a total value of SAR 700 million. The facilities included a one-year short term financing as well as a long-term credit facility spanning 10 years, Al Akaria said in a...

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