08 Rajab 1446 - 7 January 2025
    
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Eye of Riyadh

Beauty & Style | Sunday 15 September, 2024 11:55 am
Following a remarkable success, “Jazeera Paints”, the leading company in the industry of paints, colors and construction solutions in KSA and MENA, recently organized the second edition of the "INJZ" seminar in Khobar. The event brought together a select group of experts, specialists, and...
HONOR Announces the Official Availability of the Thinnest & Lightest AI Foldable Smartphone HONOR Magic V3
Technology & IT | Sunday 15 September, 2024 10:56 am
Global technology brand HONOR announced the availability of the highly anticipated HONOR Magic V3, the latest innovation in the foldable smartphone market. Following a tremendously successful pre-order campaign, the HONOR Magic V3 is now available to consumers in KSA.  This revolutionary...
ADGM grants PGIM Financial Services Permission
Business & Money | Sunday 15 September, 2024 9:32 am
PGIM, the global investment management business of Prudential Financial, Inc., has received Financial Services Permission (FSP) to operate in Abu Dhabi Global Market (ADGM) and has opened a new office in Abu Dhabi, located in the city’s financial district. Establishing its local entity marks ...
Ajman real estate transactions reach AED1.57 billion in August
Business & Money | Sunday 15 September, 2024 9:31 am
Omar bin Omair Al Muhairi, Director-General of Ajman's Department of Lands and Real Estate Regulation, said that the total number of real estate transactions in the emirate reached 1,264 in August with a total value of over AED1.57 billion.The total trading volume amounted to AED950 million from...
Moody’s forecasts Islamic finance to outpace conventional banking in GCC
Business & Money | Sunday 15 September, 2024 9:29 am
Moody's Ratings has forecast that the profitability of Islamic banks in Gulf Cooperation Council (GCC) countries will remain strong over the next 12 to 18 months. In its report today, the agency attributed the strong profitability of Gulf Islamic banks to robust commercial activity driven by...
UAE's banking sector net international reserves increase by 8.1 percent in H1 2024
Business & Money | Sunday 15 September, 2024 9:24 am
Net international reserves of the UAE’s banking sector increased by 8.1 percent, or AED92.3 billion, during the first half of 2024 (H1 2024), reaching AED1.238 trillion at the end of June, compared to AED1.145 trillion at the end of the same period last year. The Central Bank of the UAE’s...
Bank of Russia raises key rate by 100 bp to 19% per annum
Business & Money | Sunday 15 September, 2024 9:23 am
The Bank of Russia raised the key rate by 100 basis points to 19 percent per annum and indicated the possibility of raising the figure once again at the next meeting, according to a press release issued following the meeting of the regulator's Board of Directors. "On 13 September 2024, the...
GCAA, Volar Air Mobility partner to establish UAE’s first green aviation technology hub
Business & Money | Sunday 15 September, 2024 9:22 am
The General Civil Aviation Authority (GCAA) and Volar Air Mobility signed a Memorandum of Understanding (MoU) during the International Civil Aviation Organisation’s (ICAO) Advanced Air Mobility (AAM) Symposium 2024. This collaboration will lead to the development of the UAE's first Green...
Sharjah Chamber showcases Emirati designers’ innovative creations at 70th Bangkok Gems and Jewelry Fair
Beauty & Style | Sunday 15 September, 2024 9:19 am
The Sharjah Chamber of Commerce and Industry (SCCI), represented by the “Emirati Goldsmiths” Platform, participated in the 70th Bangkok Gems and Jewelry Fair, held in Bangkok, Thailand, from 9th to 13th September 2024.This participation underscores SCCI’s commitment to promoting youth-led...
Mawani Expands Jeddah Islamic Port Connectivity with ONE's RG2 Service
Business & Money | Sunday 15 September, 2024 9:15 am
The Saudi Ports Authority (Mawani) has announced the addition of Ocean Network Express (ONE) new RG2 shipping service to Jeddah Islamic Port. This strategic move reinforces the port's global navigational connectivity, and highlights its competitive edge and operational efficiency.Aligned with...
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