Business & Money | Sunday 13 October, 2024 8:03 am

National Housing launches 1,600 residential units in Jeddah

National Housing Company (NHC) has announced the launch of 1,600 new residential units in two new projects, Al Thuraya and Al-Sadan in Jeddah. Located in Sadaim, north of Obhur, Al Thuraya offers more than 700 residential units and includes commercial facilities, gardens, and public amenities. ...

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Business & Money | Sunday 13 October, 2024 7:44 am

PIF says $19.4B capital expenditure required for green projects

The Public Investment Fund (PIF) set capital expenditure requirements of $19.4 billion for its eligible green projects (or nearly SAR 73 billion), with $5.2 billion already allocated as of June 2024.This allocation is part of PIF's ongoing commitment to sustainable finance, as detailed in its...

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Business & Money | Sunday 13 October, 2024 7:42 am

Saudi to begin construction of Landbridge in early 2025: Report

Saudi Arabia will start construction of the Landbridge project that costs $7 billion (SAR 26.3 billion) in early 2025, MEED reported citing a source close to the project. The final arrangements are being sorted out, the report added. Saleh Al-Jasser, Minister of Transport, said in January ...

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Business & Money | Saturday 12 October, 2024 8:00 am

7X launches 'Wayn' digital P.O. box

7X announced today the launch of Wayn, its digital P.O. Box platform, aimed at transforming the postal services in the UAE. The launch of Wayn aligns with the country’s national efforts to drive digital adoption and development and provide individuals and companies with secure delivery...

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Business & Money | Saturday 12 October, 2024 8:00 am

Kaspersky uncovers PipeMagic backdoor attacks businesses in Saudi Arabia through fake ChatGPT application

Kaspersky’s Global Research and Analysis Team (GReAT) has recently discovered a new malicious campaign involving the PipeMagic Trojan, which has shifted from targeting entities in Asia to expanding its reach to organizations in Saudi Arabia. The attackers are using a fake ChatGPT application as...

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Business & Money | Saturday 12 October, 2024 8:00 am

Emirates NBD and noon Unveil Groundbreaking Co-Branded Visa Credit Card Packed with Exclusive Benefits

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa, and Türkiye) region, has teamed up with noon, the Middle East’s homegrown e-commerce giant, to introduce a co-branded Visa credit card, packed with unbeatable perks and rewards. Designed for the modern consumer, the...

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Business & Money | Saturday 12 October, 2024 8:00 am

Leading global staffing group recruiting large volumes of new health workers for Saudi Arabia

Medacs Healthcare, one of the world’s largest healthcare staffing groups, is working hard to meet Saudi Arabia’s rising need for international health workers. Following a recent series of highly successful hiring events in London, hundreds of consultant doctors and nurses are set to start new...

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Business & Money | Saturday 12 October, 2024 8:00 am

Locally-owned Enterprise, FixPro Contracting and Building Maintenance, Expands Internationally with New Overseas Joint Venture in the Maldives

 FixPro Contracting and Building Maintenance LLC (FixPro UAE), a leading locally-owned small medium enterprise (SME) based in Abu Dhabi, in the hygiene and facilities management (FM) sector, is proud to announce its international expansion through a strategic joint venture in the...

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Business & Money | Saturday 12 October, 2024 8:00 am

SAS Empowers Organizations to Navigate the Complexities of AI at GITEX 2024

SAS, a global leader in data and AI joins GITEX Global 2024 in Dubai from October 14th to 18th. As the 44th edition of the world's most established tech exhibition explores the significance of global collaboration in forging a future artificial intelligence (AI) economy, SAS shows how Viya and its...

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Business & Money | Saturday 12 October, 2024 8:00 am

Dubai Department of Economy and Tourism Teams Up with Sport Impact Summit to Pioneer Sustainable Solutions in Sports

The Dubai Department of Economy and Tourism (DET) has joined the impressive roster of partners for the Sport Impact Summit (SIS). Scheduled to take place at Atlantis, The Palm in Dubai on December 4th and 5th, 2024, the summit is a groundbreaking global initiative aimed at harnessing the...

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