Business & Money | Monday 30 September, 2024 10:17 am

COP28 Presidency attends UN General Assembly to mobilise global leaders to deliver on mandate of UAE Consensus, drive sustainable socioeconomic growth

This week, the COP28 Presidency attended the 79th session of the United Nations General Assembly, and New York Climate Week, to mobilise global leaders to deliver on the mandate of the UAE Consensus as a framework for keeping 1.5°C within reach. Dr. Sultan Al Jaber, Minister of Industry and...

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Business & Money | Monday 30 September, 2024 10:14 am

Saudi heavy equipment market valued at $4B, says Alkhorayef

The Saudi heavy equipment market, which is valued at more than $4 billion, and the diesel generators market, which is worth $550 million, are set to see significant growth until 2030, especially with the lack of local licensed manufacturers of heavy equipment, said Minister of Industry and Mineral...

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Business & Money | Monday 30 September, 2024 10:02 am

Miahona inks MoU for water, sewage plant development in Uzbekistan

Miahona Co. signed a memorandum of understanding (MoU) with Uzbekistan Ministry of Investment, Industry and Trade as well as Uzsuvtaminot Joint stock Co. (UJSC), according to a statement to Tadawul. This agreement entails collaboration in developing water and sewage treatment plants in the...

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Business & Money | Monday 30 September, 2024 10:01 am

Sulaiman Al Habib secures SAR 1.3B loan from Al Rajhi Bank

Dr. Sulaiman Al Habib Medical Services Group Co. signed today, Sept. 29, a Sharia-compliant banking facilities agreement with Al Rajhi Bank worth SAR 1.3 billion, according to a statement to Tadawul. The facility has a 13-year term, secured by a promissory note for the full value, the...

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Business & Money | Monday 30 September, 2024 9:57 am

ADL’s Executive Leadership Workshop in Riyadh engages public- and private-sector leaders in discussions on the future of human capital in KSA, with findings published in an exclusive report

 Following the success of previous editions, Arthur D. Little has hosted its third Executive Leadership Workshop in the Saudi capital city, Riyadh. The invite-only event at the JW Marriott gathered more than 30 prominent leaders from business and government for candid discussions on human...

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Business & Money | Monday 30 September, 2024 12:17 am

Envision 2024 surpasses expectations fostering strategic partnerships and charting the future of AI and digital innovation

du, from Emirates Integrated Telecommunications Company (EITC), has successfully concluded the second edition of Envision ICT event held under the patronage of Digital Dubai. With a concerted focus on unleashing the potentials of AI, 5G, cloud computing, data centres, and the evolution of smart...

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Business & Money | Monday 30 September, 2024 12:13 am

Abu Dhabi Securities Exchange (ADX) Welcomes the Listing of Lunate Capital LLC’s Chimera S&P Germany UCITS ETF

The Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchanges in the world, announced today the listing of the Chimera S&P Germany UCITS ETF, which provides investors with access to the German equity market, one of the world’s largest and most stable economies. Launched...

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Business & Money | Sunday 29 September, 2024 11:30 am

Genetec to showcase advanced physical security solutions at Intersec Saudi Arabia 2024

Genetec Inc. (“Genetec”), a leading technology provider of unified security, public safety, operations, and business intelligence solutions, will showcase the latest version of its flagship unified security platform Security Center, as well as a range of cloud-ready solutions at Intersec Saudi...

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Business & Money | Sunday 29 September, 2024 11:26 am

Qiddiya’s IRL Gaming tour stops at Tokyo Game Show with UBAR™ a real-life cybertropolis, epic rewards and stage programming with special appearances by Crazy Raccoon, ZETA DIVISION, and VTubers

“Unearthing Qiddiya” the global IRL Gaming tour continues. This time with a stop in Tokyo, Japan at Tokyo Game Show (TGS) where over 240,000 gaming fans, 700 global and local exhibitors from 40 countries, and publishers will gather in the biggest gaming convention in Japan. The first peeks into ...

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Business & Money | Sunday 29 September, 2024 11:21 am

Utilities Announce Joint Intent to Invest more than US$116bn Annually in Grids and Renewables

The world’s leading utility companies have today announced a joint intent to invest more than US$116 billion per year in clean power generation and power system grid infrastructure globally in the coming years. Partners within the Utilities for Net Zero Alliance (UNEZA) launched at COP28, under...

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