Business & Money | Thursday 26 October, 2023 8:50 am

Saudi Arabia sets January 2024 as deadline to move regional HQ to Riyadh: Al-Jadaan

Saudi Arabia will set the deadline for international companies to move their regional headquarters (HQ) to Riyadh by January 2024, otherwise they will lose their agreements with the government, Reuters reported, citing Minister of Finance Mohammed Al-Jadaan.   Further, a tax...

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Business & Money | Thursday 26 October, 2023 12:43 am

Fujairah Research Centre and Fujairah Environment Authority Foster Alliances with Academic and Beekeeping Entities

In a landmark moment during the Fujairah International Conference on Bee Research which concluded recently, Fujairah Research Centre (FRC) and Fujairah Environment Authority (FEA) proudly announced the signing of three Memorandums of Understanding (MoUs) with esteemed partners: The University...

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Tourism & Hospitality | Thursday 26 October, 2023 12:39 am

Dur Hospitality Joins the World Tourism Organization (UNWTO)

Dur Hospitality, the leading Saudi hospitality company, announced joining the United Nations World Tourism Organization (UNWTO). The organization approved Dur Hospitality's membership request during the 25th session of the UNWTO General Assembly, which took place in Samarkand, Uzbekistan. By...

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Tourism & Hospitality | Wednesday 25 October, 2023 9:42 am

GRAND MILLENNIUM BUSINESS BAY AWARDED AS WORLD CLASS BUSINESS HOTEL AT THE MUSE HOTEL AWARDS 2023

Grand Millennium Business Bay, a leading name in the global hospitality industry, has been distinguished as the "World Class Business Hotel – Platinum Winner" at the highly prestigious MUSE Hotel Awards 2023. This remarkable accolade solidifies Grand Millennium Business Bay's...

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Business & Money | Wednesday 25 October, 2023 9:27 am

NEOM Investment Fund Invests USD 100M in Pony.ai to Activate Autonomous Vehicles in NEOM and Across the Middle East

NEOM, the smart and sustainable regional development in northwest Saudi Arabia, announces an investment of USD 100 million, through the NEOM Investment Fund (NIF), into Pony.ai, a leading global autonomous driving company. Additionally, a joint venture will be established for autonomous technology...

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Environment & Energy | Wednesday 25 October, 2023 9:25 am

RAKEZ welcomes innovative climate-tech company Carbon Alert

Ras Al Khaimah Economic Zone (RAKEZ) welcomed an innovative climate technology company – Carbon Alert. A first-of-its-kind business in the Northern Emirates, the company is focused on reducing overall global carbon emissions by providing high-quality carbon credits to regulated...

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Business & Money | Wednesday 25 October, 2023 9:15 am

Trailblazing app VeriEstate helps buyers find faults before purchasing properties

VeriEstate, a Dubai-headquartered app-based property inspection company, is adding a new dimension to real estate transactions by providing prospective buyers and renters with accurate, unbiased, and comprehensive insights on the quality of the properties. The innovative platform helps uncover...

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Business & Money | Wednesday 25 October, 2023 9:12 am

NEOM Invests in REGENT Series A to Expedite Electric Seaglider Development

NEOM, the smart and sustainable regional development in northwest Saudi Arabia, announced today it, through the NEOM Investment Fund (NIF), has closed an investment into REGENT, the US-based electric seaglider manufacturer. The investment positions NEOM as the largest single contributor in...

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Technology & IT | Wednesday 25 October, 2023 9:06 am

UAE highlights potential of halal trade at Global Halal Brazil Business Forum

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has said that the halal market has transcended the borders of Islamic and Arab countries and is experiencing a period of continuous growth due to growing demand from consumers around the world.The statement came in a video message ...

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Business & Money | Wednesday 25 October, 2023 9:04 am

DEWA approves AED 3.1bn in dividends for H1 2023

Dubai Electricity and Water Authority PJSC (DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), reported that it will pay its shareholders a dividend of AED 3.1 billion or 6.2 fils per share for the first half of...

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