Technology & IT | Tuesday 11 June, 2024 9:00 am

Sultan Al Jaber elected Chairman of Presight Board of Directors

Presight, the region’s leading big data analytics company powered by generative artificial intelligence, today announced the election of Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and Managing Director and Group CEO of ADNOC, as the Chairman of its Board of...

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Business & Money | Tuesday 11 June, 2024 8:20 am

Creating a Home Away from Home: Why Expats Are Choosing to Buy Apartments in Dubai Hills Estate for Their Families

Discover a range of domestic options in Dubai Hills Estate, a multicultural regional that affords outdoor pastime and sunlight, along with properly viewed academic establishments. Foreigners are opting to buy apartments in Dubai Hills Estate for expats, a thriving regional community that meets ...

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Business & Money | Monday 10 June, 2024 11:07 am

"Tatweer" Secures Prime Real Estate in Riyadh for Over 750 Million SAR

 Tatweer Company has announced the acquisition of a vast industrial plot in a prime location in the capital city of Riyadh. The land spans approximately 74,000 square meters and was purchased for over 750 million Saudi Riyals during the "Rikaz Auction," which saw extensive participation from...

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Tourism & Hospitality | Monday 10 June, 2024 10:13 am

Saudi Arabia’s Travel & Tourism Breaks All Records

The World Travel & Tourism Council’s 2024 Economic Impact Research (EIR) has revealed a record-breaking year for Travel & Tourism in Saudi Arabia, with new records in GDP contribution, sector jobs and visitor spend. Saudi Arabia’s Travel & Tourism sector is now soaring past all ...

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Business & Money | Monday 10 June, 2024 9:08 am

Ras Al Khaimah Ruler inaugurates Sobha Modular Industries’ new manufacturing facility in the Emirate

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, recently inaugurated Sobha Modular Industries’ new manufacturing facility in Al Hamra, Ras Al Khaimah. A subsidiary of Sobha Group,  Sobha Modular Industries manufactures aluminium...

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Tourism & Hospitality | Monday 10 June, 2024 9:06 am

Suhail Al Mazrouei affirms UAE’s readiness to cooperate with BRICS countries in driving sustainable transport

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, participated in the Meeting of BRICS Ministers of Transport, hosted in St. Petersburg, Russia, to drive international cooperation and sharing of experiences in the transport sector. In his speech at the meeting, Al...

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Tourism & Hospitality | Monday 10 June, 2024 8:58 am

Sharjah delegation wraps up Shanghai visit with 20+ key meetings to boost development, economic ties

At the conclusion of a seven-day visit to the People’s Republic of China, a Sharjah delegation led by the Department of Government Relations (DGR) held a series of meetings in Shanghai, the country’s most populous city and economic capital. Between June 6th and 8th, the delegation...

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Business & Money | Monday 10 June, 2024 8:56 am

Emirati Human Resources Development Council offers over 100 job opportunities for UAE citizens

The Emirati Human Resources Development Council in Dubai offered more than 100 job opportunities exclusively for Emiratis. These opportunities were featured in an Open Day event held to foster local talent and provide valuable career opportunities, and saw the participation of several...

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Business & Money | Monday 10 June, 2024 8:53 am

ADNOC fully redeems Exchangeable Bonds in ‘ADNOC Distribution’

Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) confirmed that it has redeemed in full its US Dollar-denominated senior unsecured bonds (Exchangeable Bonds) in Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution). ADNOC paid Bondholders a total amount of $1.199 billion ...

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Business & Money | Monday 10 June, 2024 8:47 am

National Building inks SAR 300M contract with Al-Fayzia Real Estate

National Building and Marketing Co. signed today, June 9, a SAR 300 million contract with Al-Fayzia Real Estate Development Co. to build office and residential towers (Al Raed Project), according to a statement to Tadawul. The three-year contract includes carrying out the infrastructure and...

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