Business & Money | Thursday 4 April, 2024 10:47 am

DIRIYAH ANNOUNCES LANDMARK PARTNERSHIP: BUJAIRI TERRACE WILL BE HOME TO DOLCE&GABBANA’S NEWEST FASHION, FOOD AND BEVERAGE STORE

Diriyah Company proudly announces an iconic collaboration with the legendary Italian fashion house Dolce&Gabbana, in conjunction with Saudi Arabia's Almalki Group. This strategic alliance will see the inauguration of one of the first luxury retail outlets to open in Bujairi Terrace later this...

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Business & Money | Thursday 4 April, 2024 12:46 am

CENOMI RETAIL ON TRACK TO DELIVER TURNAROUND STRATEGY WITH NEW PIPELINE OF BRAND SALES AND IMPROVED OPERATIONAL EFFICIENCIES

Cenomi Retail, Saudi Arabia’s pioneering retail brand partner, today announced an additional significant phase of brand divestments as part of its ongoing turnaround strategy.  These brands are in addition to the already announced 21 brands and the expectation is that the sale of these...

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Business & Money | Wednesday 3 April, 2024 1:28 pm

DUBAI SOUTH AND ALDAR BREAK GROUND ON FIRST LOGISTICS FACILITY

Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, and Aldar, the leading real estate developer, investor, and manager in the UAE, broke ground on the first logistics facility to be built as part of an agreement signed recently to develop Grade ...

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Business & Money | Wednesday 3 April, 2024 12:07 pm

ACWA Power launches partial commercial ops at Sirdarya IPP in Uzbekistan

ACWA Power Co. received, on April 2, a notification from the Sirdarya combined cycle gas-turbine (CCGT) Independent Power Project (IPP) confirming achieving partial commercial operation following the receipt of the Commercial Operation Certificate from the National...

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Business & Money | Wednesday 3 April, 2024 11:57 am

Emaar EC appoints Abdulaziz Alnowaiser as CEO, effective May 1

Emaar, the Economic City (“EEC”), the master developer of King Abdullah Economic City (“KAEC”), today (Wednesday 3rd April 2024) announces the Board of Directors’ decision to appoint Mr. Abdulaziz Ibrahim Alnowaiser as its new Chief Executive Officer, effective May 1st, 2024. With...

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Business & Money | Wednesday 3 April, 2024 10:55 am

Microsoft Surface Innovation Hub launched at Redington Office in UAE

Microsoft, in collaboration with leading technology distributor Redington, proudly inaugurated the Microsoft Surface Innovation Hub at Redington HQ in Dubai.  With an emphasis on collaboration, the Microsoft Surface Innovation Hub at Redington is positioned as a hub for decision makers to ...

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Business & Money | Wednesday 3 April, 2024 2:25 am

Automechanika Riyadh Academy 2024 to attract key speakers as the MEA automotive aftermarket to top US$69 billion by 2030

: Automechanika Riyadh, Saudi Arabia’s leading trade show for the automotive aftermarket, will provide a platform for thought leaders, experts, and industry professionals to gather and discuss the latest advancements, challenges, and trends in the Saudi Arabian automotive sector as the MEA...

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Business & Money | Wednesday 3 April, 2024 1:27 am

ROYAL COMMISSION FOR ALULA ESTABLISHES STRATEGIC PARTNERSHIP ON CULTURAL COLLABORATION AND HERITAGE PRESERVATION WITH CHINESE PROVINCE OF HENAN

The Royal Commission for AlUla (RCU) and Henan Provincial Cultural Heritage Administration have signed a strategic partnership on cultural collaboration and heritage preservation as RCU builds its global partnership network and deepens Saudi ties with China. The cultural collaboration...

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Business & Money | Wednesday 3 April, 2024 12:23 am

Online Marketplace Spending Skyrockets by 143% During Ramadan in the UAE

Checkout.com, a leading global payments solution provider, has predicted that online shopping in the UAE over the month of Ramadan will continue to surge across many key retail and service categories, reflecting how the country’s digital payment ecosystem is gaining more trust while becoming more ...

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Business & Money | Tuesday 2 April, 2024 11:58 am

Drake & Scull International General Assembly approves restructuring plan, capital increase up to AED 600 million

The General Assembly of Drake & Scull International PJSC, held on April 1, 2024, approved the recommendations made by the Board of Directors aimed at the implementation of the capital restructuring of the company and increasing the share capital by AED 600 million to become about 3.470 billion...

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