Business & Money | Thursday 8 August, 2024 11:59 am

The 5th Edition of Sleep Expo ME is geared to cater to the burgeoning sleep and mattress market in the MEA.

Over 95 leading companies will exhibit at Sleep Expo Middle East 2024. Dubai, August 6, 2024 - The 5th edition of the Sleep Expo Middle East - the region’s only dedicated event for the sleep, bedding and mattress industry - will be organised at Dubai World Trade Centre at Sheikh Saeed Hall 1 ...

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Sports | Thursday 8 August, 2024 11:46 am

BMW M Motorsport teams are intensively preparing together for the Esports World Cup taking place from 22nd to 25th August in Riyadh (KSA)

The three BMW M Motorsport teams in Automotive Gaming – BS+COMPETITION, MOUZ, and Redline – are currently undergoing intensive preparation for the 2024 Esports World Cup (EWC) taking place from 22nd to 25th August in Riyadh (KSA). A key part of the programme was a joint training week. It took...

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Business & Money | Thursday 8 August, 2024 11:13 am

UAE national banks provided AED25.7 billion in credit facilities to business, industrial sectors in 5 months

Credit facilities provided by the UAE national banks to the business and industrial sectors amounted to AED25.7 billion during the first five months of 2024, according to the latest figures released by the Central Bank of the United Arab Emirates (CBUAE). The apex bank’s figures showed that...

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Business & Money | Thursday 8 August, 2024 11:09 am

Emaar Properties' revenues reach AED14.4 billion in H1-24

Emaar Properties has released its financial results for the first half of 2024, reporting total revenue of AED14.4 billion ($3.9 billion) and a net profit before tax of AED7.8 billion ($2.1 billion), achieving growth of 17% and 33%, respectively over the same period last year. In a statement...

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Business & Money | Thursday 8 August, 2024 10:52 am

Dubai to Host UAE-Russia Investment Forum Next October

Dubai will host the UAE-Russia Investment Forum 2024 on the first of October. The one-day event will take place at the Millennium Dubai Hotel and will witness wide international and regional participation from senior figures, top CEOs, investors, and business leaders from both the public and...

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Business & Money | Thursday 8 August, 2024 10:49 am

Andromeda extends loan distribution network into the Middle East to cater to NRI financial needs

Andromeda Sales & Distribution, India’s premier loan distribution network, is pleased to announce its strategic expansion into the Middle East, a move fuelled by its exceptional domestic performance. The company recorded over 23% growth in loan disbursals, reaching $9,048 million (Rs. 75,397...

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Business & Money | Thursday 8 August, 2024 10:46 am

Sulaiman Al Habib, Alandalus raise JV's capital to SAR 383M

Dr. Sulaiman Al Habib Medical Services Group Co. and  Alandalus Property Co. announced, in two separate statements, raising capital of Gharb Jeddah Hospital Co., a limited liability company that is 50% owned by Sulaiman Al Habib and 50% by Alandalus Property, from SAR...

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Business & Money | Thursday 8 August, 2024 10:41 am

KEIR raises BSF credit facilities by SAR 41.8M

Keir International Co. signed an agreement to increase the Shariah-compliant credit facilities granted by Banque Saudi Fransi (BSF) by SAR 41.76 million, from SAR 32.16 million to SAR 73.93 million, according to a filing to Tadawul today, Aug. 8. The financing period ends with the expiry...

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Business & Money | Thursday 8 August, 2024 10:37 am

Fakeeh Care awards SAR 150.5M worth 2 contracts to AHC

Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care) announced plans to establish a new medical center facility, covering an area of 2,450 square metre (sqm) in Awali, Makkah. In a statement to Tadawul, the company said it awarded a contract to Advanced Horizons Contracting Co. (AHC) for...

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Sports | Thursday 8 August, 2024 10:29 am

Fortnite, Street Fighter 6, and Teamfight Tactics kick off sixth week of competition at the Esports World Cup

 The Esports World Cup enters its sixth week of elite competition on Thursday, with the hotly anticipated Fortnite, Street Fighter 6, and Teamfight Tactics tournaments entering the fray.  A team prize pool total of $2.5 million is on offer across all three competitions at the SEF...

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