Business & Money | Wednesday 20 December, 2023 10:42 am

UAE is at the forefront of shaping workplace Health and Safety standards

The United Arab Emirates (UAE) is at the forefront of enhancing occupational and workplace health and safety standards, marking a significant step forward in the region's commitment to fostering safer workplaces and sustainable industries.  Speaking ahead of the...

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Business & Money | Wednesday 20 December, 2023 10:40 am

Riyadh Air Collaborates with Accenture to Build Core Technology Capabilities

Riyadh Air has signed a three-year strategic agreement with Accenture (NYSE: ACN) to help deliver its technology foundation and capabilities as part of its vision to be the world’s first digitally native airline. Accenture will help set up Riyadh Air’s cloud-only infrastructure, cybersecurity...

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Business & Money | Wednesday 20 December, 2023 10:27 am

Salik participates in DFM's Voluntary Carbon Credits Trading Pilot Program

Salik Company P.J.S.C., the Emirate of Dubai’s exclusive toll gate operator, participated in the Dubai Financial Market’s (DFM) pioneering Voluntary Carbon Credit Trading Pilot Program, which was unveiled at the United Nations Framework Convention on Climate Change (COP 28) taking...

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Business & Money | Wednesday 20 December, 2023 10:25 am

Johnson Controls awarded by Al Fattan Properties 10-year Cooling-as-a-Service contract

Leading real estate developer Al Fattan Properties in Dubai has awarded Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, a 10-year Cooling as a Service (CaaS) agreement.  The milestone business deal marks the company’s one of first its kind...

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Business & Money | Wednesday 20 December, 2023 10:22 am

DAMAC’s Cavalli Tower keeps pace with completion

DAMAC, a leading luxury real estate developer based in Dubai, announced that construction of the world’s first Cavalli-branded tower is advancing as planned.  Excavation for the 71-storey tower began in January 2023, before progress was swiftly made on substructure works by April 2023....

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Business & Money | Wednesday 20 December, 2023 10:19 am

Saudi Arabia recalculates mineral wealth, new value to be unveiled in January: Alkhorayef

Saudi Arabia is recalculating its mineral resources to create a new value, different from the previous value of $1.3 trillion, Bandar Alkhorayef Minister of Industry and Mineral Resources told the state-run SPA.    "We will announce our new estimate of the mineral resources ...

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Business & Money | Wednesday 20 December, 2023 10:16 am

Riyadh bus network completed

The Royal Commission for Riyadh City (RCRC) announced the completion of the main network of the Riyadh public buses within the King Abdulaziz Project for Riyadh Public Transport.   The total number of routes currently reaches 54, served by 679 buses across 2,145 stations...

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Business & Money | Wednesday 20 December, 2023 10:14 am

Absher platform saves SAR 23B on digital transformation: Alsuwaiyan

Ahmed Alsuwaiyan, Governor of the Digital Government Authority, said that digital transformation has empowered government agencies in Saudi Arabia with more productivity, efficiency and experience, indicating that by using the “Absher” platform, more than SAR 23 billion have been saved, and...

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Business & Money | Wednesday 20 December, 2023 10:12 am

NDMC closes December issuance of Sukuk program at SAR 10.6B

The National Debt Management Center (NDMC) completed receiving investor orders for its domestic issuance for December 2023, under the Saudi Arabian Government SAR-denominated Sukuk Program.  The total amount allocated stood at SAR 10.55 billion, NDMC said in a statement today, Dec....

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Business & Money | Wednesday 20 December, 2023 10:10 am

Contractors vie for building new Riyadh Metro line

Contractors formed consortiums to bid for Riyadh Metro extension contract to design and build a new line to link Qiddiya to King Khalid International Airport, MEED reported.    The new line (Line 7) will be executed in two phases. The first phase includes building a metro line...

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