Business & Money | Saturday 28 December, 2024 9:57 am

Social Development Bank grants SAR 8B financing in 2024

The Social Development Bank (SDB) provided SAR 8 billion financing in 2024, achieving its full-year targets in financing and developmental support, alongside expanding its non-financial services, the state-run SPA reported.   SDB said 122,000 benefited from the bank’s loans. A...

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Business & Money | Saturday 28 December, 2024 9:55 am

Oman exempts Saudi investors from taxes in Madayn: Official

Oman decided to exempt Saudi industrial investors in Industrial Estates (Madayn) from taxes, Al-Eqtisadiah reported, citing Nasser Al-Hajri, Chairman of the Saudi-Oman Business Council.   This announcement was made during meetings held between the Saudi-Oman Business Council and Qais ...

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Business & Money | Saturday 28 December, 2024 9:52 am

Al-Hilal SFC makes SAR 33.4M profit in FY 2023/24

Al-Hilal Saudi Football Club reported net profits of SAR 33.37 million for the fiscal year 2023/24. Net profit margins reached 1.5%. Total revenue exceeded SAR 1 billion, compared to activity expenses of SAR 923.5 million. The current ratio rose to 0.89 in June 2024 from 0.61 a year...

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Healthcare | Saturday 28 December, 2024 9:34 am

Emirates Health Services Obtains ISO 10020 Certification for Change Management

The Emirates Health Services (EHS) has recorded a landmark achievement by obtaining the International Standard Certificate (ISO 10020) for change management. This reflects EHS’s commitment to adopting global best practices to enhance its ability to manage organisational change processes...

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Government | Saturday 28 December, 2024 9:33 am

1st January is an official holiday for Dubai government departments on New Year

The Dubai Government Human Resources (DGHR) Department has announced January 1, 2025, (Wednesday), as an official holiday for Dubai government departments for the occasion of New Year’s Day. Official work will resume as usual on January 2, 2025 (Thursday). Entities, departments and...

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Technology & IT | Saturday 28 December, 2024 9:29 am

Digital Cooperation Organization launches groundbreaking ‘Digital Economy Trends 2025’ Report at Internet Governance Forum (IGF) 2024

The Digital Cooperation Organization (DCO) participated in the Internet Governance Forum (IGF) 2024, held at the King Abdulaziz International Conference Center in Riyadh from December 15–19, 2024, by contributing to key dialogues on transformative aspects of the digital economy, from ethical AI,...

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Healthcare | Saturday 28 December, 2024 9:27 am

EHS: Genetic Testing to Be Included in Premarital Screening for UAE Nationals Starting January 2025

The Emirates Health Services (EHS) announced that genetic testing will become an integral part of the premarital screening program, starting January 2025. This aligns with the efforts of EHS to strengthen preventive measures and support the ‘Emirati Genome Program’, which aims to reduce the...

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Business & Money | Saturday 28 December, 2024 9:26 am

Dubai Maritime Authority announces Comprehensive Plan for Marine Traffic on New Year's Eve 2025

The Dubai Maritime Authority, of the Ports, Customs and Free Zone Corporation, has announced the adoption of a mandatory plan to manage marine traffic during New Year's Eve 2025. This initiative aims to enhance maritime safety and regulate traffic during a night that sees an increased density of...

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Business & Money | Saturday 28 December, 2024 5:04 am

NWC completed implementation of water networks and reservoirs to serve Sabia Governorate and 44 villages in Jazan

The National Water Company (NWC), represented by the Southern Cluster, announced that it has started operation of 5 water projects to serve Sabia Governorate and 44 of its  villages. The company embarked on operation in order to keep up with the increasing demand for water services...

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Business & Money | Friday 27 December, 2024 9:24 am

Roshn launches first Makkah project on 21m sqm

ROSHN Real Estate Co., a wholly-owned subsidiary of the Public Investment Fund (PIF), announced the groundbreaking of Al-Manar Community, marking its first fully integrated residential development in Makkah. Al-Manar Community spans 21 million square meters (sqm) and will feature over 33,000...

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