Business & Money | Thursday 5 December, 2024 9:08 am

NWC and KARRDA discuss planting 3 million saplings in 28,000 Km2 by 2030

King Abdulaziz Royal Reserve Development Authority (KARRDA) and National Water Company (NWC) are discussing the plantation of about 3 million wild saplings within the boundaries of the reserve, which covers an area of more than 28,000 square kilometers and includes within its space several green...

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Business & Money | Thursday 5 December, 2024 9:06 am

Emirates NBD revitalises bespoke Emirati Package proposition targeting aspirations, lifestyle and financial needs of UAE Nationals

Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region has bolstered its offerings for UAE Nationals, introducing a full suite of new, tailored offerings and services to empower UAE Nationals through its ‘Emirati Package’. The bespoke brand...

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Business & Money | Thursday 5 December, 2024 9:03 am

Automechanika Dubai supports the UAE’s eMobility goals with a platform for innovation and collaboration

As the UAE accelerates its journey toward sustainable transportation, Automechanika Dubai 2024 plays a vital role in supporting the nation’s electric mobility (eMobility) targets. Returning to the Dubai World Trade Centre from 10–12 December 2024, the event will explore key strategies to...

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Business & Money | Thursday 5 December, 2024 9:00 am

Hilton Signs Agreement with Knowledge Economic City to Open Three Hotels in Madinah

Hilton (NYSE: HLT) today announced the signing of an agreement with Al-Gharaa International for Real Estate Development to open three hotels in the Islamic World District of Knowledge Economic City (KEC) in Madinah. The agreement was signed in the presence of His Royal Highness Prince Salman Bin...

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Business & Money | Thursday 5 December, 2024 8:57 am

du and Telefónica forge strategic partnership to accelerate innovation and foster mutual business growth

 du, the leading telecom and digital services provider, today announced a strategic partnership with Telefónica to accelerate innovation and enable mutual business growth. du joins the prestigious Telefónica Partners Program, which connects over 65 markets across Europe, Latin America, and...

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Business & Money | Thursday 5 December, 2024 8:00 am

Saudia Signs Strategic MOU with Air France-KLM

Saudia, the national flag carrier of Saudi Arabia, has signed a Memorandum of Understanding (MOU) with Air France-KLM aimed at significantly expanding and localizing its Maintenance, Repair, and Overhaul (MRO) capabilities. The signing ceremony was attended by President Emmanuel Macron of the...

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Business & Money | Wednesday 4 December, 2024 12:48 pm

Inaugural Abu Dhabi Business Week kicks off

The inaugural Abu Dhabi Business Week (ADBW) kicked off today, offering a platform for companies to connect and collaborate to drive the next phase of economic growth and diversification. The event, which runs until 6th December, is being held at the ADNEC Centre Abu Dhabi. Held under the...

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Business & Money | Wednesday 4 December, 2024 12:46 pm

Dubai Chambers, HSBC to support expansion of companies locally, globally

Dubai Chambers has signed a Memorandum of Understanding (MoU) with HSBC Bank Middle East Limited to support the expansion of local companies into global markets and enhance the ability of international companies to establish and grow their businesses in Dubai. Under the terms of the MoU, the...

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Business & Money | Wednesday 4 December, 2024 12:44 pm

Gross banks’ assets reach AED4,378.0 billion by August-End: CBUAE

The Central Bank of the UAE (CBUAE) announced that gross banks’ assets, including bankers’ acceptances, increased by 0.7% from AED4,348.6 billion at the end of July 2024 to AED4,378.0 billion at the end of August 2024. In its Monetary and Banking Developments for August 2024, the Central...

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Business & Money | Wednesday 4 December, 2024 10:37 am

Crown Prince unveils National Red Sea Sustainability Strategy

Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of Economical and Development Affairs Council, launched the National Red Sea Sustainability Strategy. According to the Saudi Press Agency (SPA), the strategy aims to protect the Red Sea ecosystem,...

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