Business & Money | Tuesday 22 October, 2024 11:05 am

Dubai Holding Asset Management rebrands its residential portfolio as ‘Dubai Residential’

Dubai Holding Asset Management (DHAM) announced today that its residential leasing portfolio, formerly known as Dubai Asset Management, has been rebranded as Dubai Residential. This rebranding follows the integration of Nakheel and Meydan into Dubai Holding, resulting in the significant expansion...

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Business & Money | Tuesday 22 October, 2024 10:34 am

Al Akaria’s Binyah signs SAR 660.4M contract for Green Riyadh

Saudi Real Estate Co. (Al Akaria) announced that its subsidiary Saudi Real Estate Infrastructure Co. (Binyah), signed on Oct. 20, a contract for the treated sewage effluent (TSE) network for the Green Riyadh Program - Group 11 with the Royal Commission for Riyadh City...

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Business & Money | Tuesday 22 October, 2024 10:31 am

Landmark Partnership: Sanofi and NUPCO sign the offtake agreement to transfer the technology and localize insulin production in Saudi Arabia to enhance national drug security

Under the Patronage of His Excellency Mr. Fahad bin Abdulrahman Al-Jalajel, the Minister of Health, His Excellency Mr. Bandar bin Ibrahim Al-Khorayef, the Minister of Industry and Mineral Resources, and His Excellency Engineer Khaled bin Abdulaziz Al Faleh, the Minister of Investment, the offtake...

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Business & Money | Tuesday 22 October, 2024 10:28 am

Modon launches phase one of Maysan, a freehold development on Reem Island

Modon has launched Maysan, a high-end freehold residential development located on Reem Island. The first phase of the project features two districts: Mayar and Thoraya. Blending innovation and creativity, the overall design of the over-600,000-square-metre project is inspired by boutique-style...

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Business & Money | Tuesday 22 October, 2024 10:26 am

Cenomi Retail EGM nods to maintaining non-core brand sale program

Shareholders of Fawaz Abdulaziz Alhokair Co. (Cenomi Retail) approved on Oct. 21 the board's recommendation for the company to push ahead with its program of selling non-core brands. In a statement to Tadawul, the company said that the board was authorized to take any actions necessary...

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Business & Money | Tuesday 22 October, 2024 10:22 am

GO wins SAR 127.65M projects

Etihad Atheeb Telecommunication Co. (GO) was awarded two projects from Detecon Al Saudia Co. LTD. for ICT Services (DETASAD) at a total of SAR 127.65 million,  including VAT. In a statement to Tadawul, the telecom operator said the projects aim to provide dedicated internet...

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Business & Money | Tuesday 22 October, 2024 10:07 am

Informa to launch DigiHealth, the world’s largest gathering of digital health experts, in Dubai

 Informa India, Middle East, and Africa (IMEA), the world’s leading exhibition organiser and the team behind Arab Health, will launch the digital health, technology, and innovation exhibition DigiHealth from 8 – 10 September 2025 at the Dubai World Trade Centre.  The...

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Business & Money | Tuesday 22 October, 2024 10:02 am

RAKEZ strengthens business ties with Canada during successful roadshow

Ras Al Khaimah Economic Zone (RAKEZ) continues to build on its position as a premier destination for global investment, following a successful week-long roadshow across Canada. The initiative engaged Canadian businesses, showcasing the wide range of investment opportunities and strategic advantages ...

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Business & Money | Tuesday 22 October, 2024 9:58 am

Moro Hub Signs MoU with UAE Space Agency to Accelerate Digital Transformation

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), signed Memorandum of Understanding (MoU) with The UAE Space Agency, responsible for the development of the country's space industry. The MoU was signed by Marwan bin Haidar, Vice Chairman and...

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Business & Money | Tuesday 22 October, 2024 9:52 am

Dubai real estate growth set to deliver 90,000 new homes in next two years

 As Dubai real estate heads for another new peak in 2024, property sector growth is set to continue over the next two years, with a record 90,000 new homes entering the market during this period. Figures released by fäm Properties today underline the market’s capacity to keep pace with ...

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