Business & Money | Sunday 22 December, 2024 8:31 am

Abu Dhabi Petroleum Products Trading Regulatory Committee issues inaugural trading permit in emirate

The Abu Dhabi Petroleum Products Trading Regulatory Committee, under the leadership of the Abu Dhabi Department of Energy (DoE), has issued its inaugural permit for petroleum product trading in the Emirate of Abu Dhabi. This achievement aligns with the provisions of Law No.5 of 2023, Federal...

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Business & Money | Sunday 22 December, 2024 8:28 am

Digital Dubai, Dubai Future Foundation sign strategic partnership

Digital Dubai today signed a strategic partnership agreement with the Dubai Future Foundation, reflecting the shared commitment of both entities to developing national competencies that can anticipate and shape the future through innovative concepts, technologies, skills and tools. The...

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Business & Money | Sunday 22 December, 2024 8:26 am

Islamic finance in UAE: Rapid growth, leadership in sustainability

The Islamic finance sector in the UAE benefits from a dynamic economic environment and advanced regulatory policies that support Sharia-compliant financial activities. Since the establishment of the UAE's first Islamic bank in 1975, the sector has grown significantly over the decades, becoming ...

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Business & Money | Sunday 22 December, 2024 8:24 am

UAE indirect taxes yield AED10-11 billion annually: MoF Undersecretary

Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, revealed that indirect taxes in the UAE generate between AED 10 and 11 billion annually, a substantial portion of the federal budget, which totals approximately AED65 billion. Speaking to Emirates News Agency (WAM) on the...

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Business & Money | Sunday 22 December, 2024 8:21 am

DEWA scores 100% in International Digital Customer Experience Standard

Dubai Electricity and Water Authority (DEWA) scored 100% for the second time in the International Digital Customer Experience Standard (IDCXS2022) certificate, emphasising its global leadership and excellence and its success in sustaining its global achievements. DEWA achieved the ‘Globally...

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Business & Money | Sunday 22 December, 2024 8:18 am

Riyadh Season 2024 attracts 12M visitors: Turki Al-Sheikh

Riyadh Season 2024 has achieved a new milestone, as the number of visitors reached 12 million so far, Advisor Turki Al-Sheikh, Chairman of the General Entertainment Authority (GEA), said. According to the state-run SPA, this achievement reflects the distinctive variety of events offered during ...

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Business & Money | Sunday 22 December, 2024 8:14 am

Saudia Group Partners with the Riyadh Season 2024 to Launch the "BLVD Runway" Zone

Saudia Group has collaborated with Riyadh Season 2024 to unveil the "BLVD Runway" zone as part the season. This innovative zone, themed around an airport runway, is now open to visitors featuring three Saudia Boeing 777 aircraft that have been transformed to provide a unique setting for...

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Business & Money | Sunday 22 December, 2024 8:11 am

NWC explains the benefits and mechanism of verifying water meter information

The National Water Company (NWC) confirmed that the initiative to verify water meter data is characterized by ensuring that it is linked to the actual beneficiary, be it the owner or the tenant. It preserves their rights, helps them manage all services associated with the account, contributes to...

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Business & Money | Sunday 22 December, 2024 8:05 am

Saudi Arabia’s Emerging Leaders Drive Impact Across Sectors Through BCG’s Jeel Tamooh Program

Boston Consulting Group's (BCG) Jeel Tamooh program, launched in 2019, has empowered over 150 of Saudi Arabia’s brightest university students through a six-month journey of mentorship and hands-on learning. The program develops leadership, professional, and interpersonal skills essential for...

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Business & Money | Sunday 22 December, 2024 8:01 am

D360 Bank Secures Approval from Saudi Central Bank for Its Official Launch

D360 Bank has secured approval from the Saudi Central Bank (SAMA) to launch its digital banking operations. This groundbreaking achievement marks a key milestone for the Kingdom’s financial ecosystem, and for the bank's vision to become by 2030 the leading digital financial platform in Saudi...

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