Business & Money | Thursday 19 December, 2024 10:38 am

Ceer and Schuler Partner for Building the Most Advanced Press Shop in MENA

 Ceer, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM), has partnered with Schuler to supply and install the first completely automatic press shop at its state-of-the-art Ceer Manufacturing Complex (CMC) in King Abdullah Economy City, the most...

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Business & Money | Thursday 19 December, 2024 10:35 am

EY launches academy in KSA to meet workforce needs

EY has launched its EY Academy in the MENA region with an inaugural location in the Kingdom of Saudi Arabia (KSA). The EY Academy was established to further enhance and accelerate the development of talent across the country and wider MENA region. The organization is the first of its peers to gain...

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Business & Money | Thursday 19 December, 2024 10:32 am

Dubai Customs advances succession planning to strengthen leadership and continuity

In line with the Executive Council of Dubai’s decision to adopt a succession planning system within the Dubai Government, Dubai Customs, represented by its Human Resources Division, has announced an upgraded approach to its succession planning methodology. This was revealed during a workshop that ...

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Business & Money | Wednesday 18 December, 2024 10:20 am

FTA launches world’s first tax refund system for e-commerce retail purchases for tourists

The Federal Tax Authority (FTA) announced the launch of a new VAT refund system for E-Commerce Retail Purchases for tourists during their stay in the UAE, which is considered the world's first of its kind. In a press release issued today, the FTA explained that the launch of this new system,...

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Business & Money | Wednesday 18 December, 2024 10:17 am

Minister of Climate Change and Environment attends ICBA's 25th Jubilee celebration

Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, attended the 25th Jubilee celebration of International Center for Biosaline Agriculture (ICBA) at its headquarters in Dubai. The event welcomed other high-profile dignitaries, including global sustainability leaders,...

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Business & Money | Wednesday 18 December, 2024 10:14 am

Sharjah Chamber enhances industrial cooperation, strategic partnership with its Indian counterpart

The Sharjah Chamber of Commerce and Industry (SCCI) has discussed ways to expand collaboration in the industrial sector with the Federation of Indian Chambers of Commerce and Industry (FICCI), as part of its ongoing efforts to foster economic partnerships with high-potential markets. The...

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Business & Money | Wednesday 18 December, 2024 9:53 am

Air Arabia adds Sochi to its growing network in Russia

Air Arabia has announced the launch of its new route between Sharjah and Sochi in Russia. The new non-stop flights will connect Sharjah International Airport to Sochi International Airport with a frequency of three flights per week starting from 27th June 2025. Adel Al Ali, Group Chief...

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Business & Money | Wednesday 18 December, 2024 9:45 am

DEWA generates 45.14 TWh of power in nine months

Dubai Electricity and Water Authority (DEWA) generated 45.14 terawatt hours (TWh) of power during the first 3 quarters of 2024, an increase of 5.49% over the same period in the previous year. This reflects the significant development and economic growth of the Emirate of Dubai, and DEWA’s...

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Business & Money | Wednesday 18 December, 2024 9:42 am

UAE-China Investment Summit explores pathways to economic growth

The UAE-China Investment Summit, hosted by HSBC in collaboration with Abu Dhabi Global Market (ADGM) during Abu Dhabi Finance Week (ADFW), concluded with a resounding call to strengthen economic ties and foster strategic partnerships between the UAE and China. Celebrating 40 years of economic...

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Business & Money | Wednesday 18 December, 2024 9:37 am

Gross banks’ assets exceed AED4.4 trillion by end of September: CBUAE

The Central Bank of the UAE (CBUAE) revealed that Gross banks’ assets, including bankers’ acceptances, increased by 0.5% from AED4,378.0 billion at the end of August 2024 to AED4,401.7 billion at the end of September 2024. In its Monetary & Banking Developments Report for September...

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