Business & Money | Wednesday 1 November, 2023 9:42 am

NEOM and BlueNalu Forge Strategic Partnership to Revolutionize Sustainable and Secure Food Ecosystem

NEOM, the sustainable regional development taking shape in northwest Saudi Arabia, has signed a Memorandum of Understanding (MoU) with BlueNalu, the global leader in the development of cell-cultured seafood.  The partnership aims to progress the commercialization, marketing, and...

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Business & Money | Wednesday 1 November, 2023 8:41 am

NEOM collaborates with Dive Butler International to offer premier aquatic and diving experiences at Sindalah

Sindalah, NEOM’s luxury island destination, is proud to announce its new partnership with premium dive experience provider, Dive Butler International. With Sindalah set to be the first of NEOM’s regions to welcome guests in 2024 the partnership with Dive Butler ensures that all...

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Business & Money | Wednesday 1 November, 2023 12:33 am

"Trakhees" reports 19% Growth in Transactions related to Special Development Areas

The Planning and Development Department - Trakhees, the regulatory body of the Ports, Customs, and Free Zone Corporation, has achieved a significant milestone in setting record numbers in 2023 compared to 2022 in terms of licensing transactions. This achievement involved approximately 14,000...

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Business & Money | Tuesday 31 October, 2023 1:21 pm

Groundbreaking NextGen Medicine under the spotlight at Medlab Middle East

Leading researchers in NextGen medicine will convene at the 2024 edition of Medlab Middle East, the region’s largest medical laboratory exhibition. A cutting-edge field of healthcare, NextGen medicine uses genome sequencing to create targeted healthcare strategies for specific populations and...

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Business & Money | Tuesday 31 October, 2023 11:34 am

Emirates Integrated Telecommunications Company PJSC Reports its Q3 2023 Results

Emirates Integrated Telecommunications Company PJSC (“EITC”) announced its financial results for the quarter-ended 30 September 2023, with Net Profit that soared by a remarkable 57.7% to AED 504 million, its highest quarterly level over the last three years. The sustained demand for postpaid...

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Business & Money | Tuesday 31 October, 2023 8:48 am

HADAF supports employment of 288,000 citizens in private sector in 9M 2023

Saudi Arabia’s Human Resources Development Fund (HADAF) said it contributed to supporting the employment of 288,000 male and female citizens to work in the private sector establishments during the first nine months of 2023. This was through the fund's various programs, initiatives, and...

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Business & Money | Tuesday 31 October, 2023 8:46 am

Dubai International Chamber organises trade mission to East Africa as part of ‘New Horizons’ initiative

Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has completed preparations to embark on a dedicated trade mission to East Africa in November. The chamber will lead a delegation of Dubai-based businesses to Kenya and Rwanda as part of the ‘New ...

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Business & Money | Tuesday 31 October, 2023 8:40 am

Over 100% surge in regular savers in 2023: National Bonds

National Bonds, the UAE’s savings and investment company, reported a substantial surge in its customer base in 2023 with over 40,000 new customers, a remarkable increase of more than double, compared to the previous year.At the same time, over the past five years, National Bonds has achieved a...

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Business & Money | Tuesday 31 October, 2023 8:38 am

ADGM publishes amendments to its Beneficial Ownership and Control Regulations

Abu Dhabi Global Market (ADGM), the international financial centre in Abu Dhabi has issued an updated version of the Beneficial Ownership and Control Regulations 2022 (BOC Regulations), which repealed and replaced the existing Beneficial Ownership and Control Regulations 2018.These new BOC...

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Business & Money | Tuesday 31 October, 2023 8:18 am

Partnership between Salik and AW Rostamani - Arabian Automobiles to foster customer experience

Salik Company P.J.S.C., the exclusive toll gate operator in the Emirate of Dubai, has entered into a strategic partnership with Arabian Automobiles Company - the flagship company of the AW Rostamani Group and the exclusive dealer for Nissan, INFINITI and Renault in Dubai, Sharjah, and the Northern...

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