Business & Money | Friday 12 January, 2024 2:07 pm

RCJY inks investment deals, MoUs exceeding SAR 35B

The Royal Commission for Jubail and Yanbu (RCJY) signed investment agreements and memorandums of understanding (MoUs) with a number of companies, at a value exceeding SAR 35 billion, including agreements worth more than SAR 19 billion signed on the sidelines of the Future Minerals...

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Business & Money | Friday 12 January, 2024 2:54 am

Saudi Arabia to participate in World Economic Forum Annual Meeting 2024

Chaired by His Highness Prince Faisal bin Farhanbin Abdullah, Minister of Foreign Affairs, a high-level delegation from the Kingdom of SaudiArabia will participate in the World Economic Forum (WEF) Annual Meeting 2024, in Davos,Switzerland, from 15-19 January 2024, under the theme of “Rebuilding...

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Tourism & Hospitality | Friday 12 January, 2024 1:11 am

KUN Investment Holding & AlUla Development Company sign agreement to develop Aman Hegra project

In the presence of His Highness Prince Badr bin Abdullah bin Farhan Al Saud, Minister of Culture, Governor of the Royal Commission for AlUla and Chairman of the Board of Directors of AlUla Development Company, KUN Investment Holding – Saudi investment management company, and AlUla Development...

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Business & Money | Friday 12 January, 2024 1:00 am

Intersec 2024 opens next week in Dubai for landmark 25th edition

 Building on a solid 25-year legacy, Intersec 2024 will return to Dubai World Trade Centre (DWTC) from 16-18 January, bringing together industry experts, government officials and exhibiting companies to discuss the latest developments in safety, security and fire protection.  The...

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Environment & Energy | Friday 12 January, 2024 12:38 am

RAKEZ successfully demonstrates commitment to environmental responsibility with Beach Clean-up Drive

Ras Al Khaimah Economic Zone (RAKEZ) reaffirmed its dedication to corporate social responsibility and environmental stewardship with a successful Beach Clean-Up Drive held recently at Al Hulaila beach in Ras Al Khaimah. The initiative brought together nearly 150 participants, including RAKEZ...

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Technology & IT | Friday 12 January, 2024 12:35 am

du wins MENA Green Building Awards 2023 in Healthy Spaces Project Category

du, from Emirates Integrated Telecommunications Company (EITC), has been honoured with the prestigious MENA Green Building Awards 2023 in the Healthy Spaces Project of the Year category. The award recognizes du's commitment to sustainability and its exceptional efforts in creating a healthy and...

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Technology & IT | Thursday 11 January, 2024 4:42 pm

HONOR Shapes the Future of Technology and Showcases its Dedication to Innovation, Quality and Technology

HONOR, a global technology brand, took a significant step towards fostering deeper connections and understanding by hosting an exclusive visit for Saudi Media & Influencers to its facilities in China. This immersive experience, which took place before the close of the previous year, provided...

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Business & Money | Thursday 11 January, 2024 2:04 pm

FAB issues first Sukuk globally in 2024

First Abu Dhabi Bank (FAB) has issued a five-year US$800 million Sukuk at US Treasury +85bps, which resulted in an all-in yield of 4.779%. This issuance marks the first Sukuk issued globally in 2024 and stands as the region's first offering for the year. The final spread for the Sukuk was set...

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Business & Money | Thursday 11 January, 2024 1:59 pm

Borouge signs AED160 million supply agreement with NAFFCO

Borouge Plc today announced the signing of an AED160-million agreement with NAFFCO, a UAE-based manufacturer and supplier of fire protection systems, to supply NAFFCO’s local and regional infrastructure projects with Borouge’s innovative and sustainable polyethylene (PE100)...

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Technology & IT | Thursday 11 January, 2024 1:42 pm

Azizi Developments, DAB Pumps S.p.A. extend partnership for fourth phase of ‘Riviera’ and ‘Amber’

Azizi Developments, a leading private developer in the UAE, has extended its partnership with DAB Pumps S.p.A, the renowned Italian manufacturer of water movement technologies, for the supply of transfer, booster, and sump pumps for six buildings in the fourth phase of Azizi’s mega-project...

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