Business & Money | Tuesday 26 March, 2024 11:51 am

ADGM announces incentive initiative for existing Al Reem Island businesses transitioning to ADGM

Abu Dhabi Global Market (ADGM) has announced a new incentive initiative crafted exclusively for established businesses situated on Al Reem Island, operating within the non-financial and retail sectors. This initiative is strategically designed to bolster support for these businesses during...

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Business & Money | Tuesday 26 March, 2024 11:39 am

One Za’abeel achieves the Guinness World Records™ title for the ‘Longest Cantilevered Building’ in the world.

One Za’abeel, the iconic landmark developed by ICD (Investment Corporation of Dubai), proudly announces it has achieved the GUINNESS WORLD RECORDSTM title for the ‘Longest Cantilevered Building’ in the world with its panoramic sky concourse, The Link. The achievement was cemented on 1st...

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Business & Money | Tuesday 26 March, 2024 11:30 am

Dubai Customs Clinches Elite Award in 2024 Dubai Government Excellence (DGE) program

Dubai Customs once again secured the prestigious Elite Award in the 2024 cycle of the Dubai Government Excellence (DGE) program. This recognition, presented by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, serves as a testament to...

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Business & Money | Tuesday 26 March, 2024 10:24 am

Saudi Ministry of Investment Signs MoU with Global Tech Leader, Endava, to Accelerate Digital Advancement in the Kingdom

In its ongoing effort to enable world-leading technology companies to establish thriving operations in Saudi Arabia, supporting digital transformation in the Kingdom in line with Saudi Vision 2030, the Ministry of Investment of Saudi Arabia (MISA) today signed an MoU with Endava, the technology...

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Business & Money | Monday 25 March, 2024 12:54 pm

RAKEZ launches HS&E Appreciation Awards to honour leading companies for outstanding HS&E practices

Ras Al Khaimah Economic Zone (RAKEZ) recently celebrated the exceptional dedication and achievements in Health, Safety, and Environmental (HS&E) practices of its companies through the introduction of the HS&E Appreciation Awards. This initiative underscores the remarkable compliance efforts ...

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Business & Money | Monday 25 March, 2024 11:41 am

Azizi Developments advances rapidly in its digital transformation journey

Azizi Developments, a leading private developer in the UAE, is progressing swiftly in its digital transformation journey, further integrating various high-quality IT Service Management (ITSM) processes, and implementing a range of cutting-edge tools. Azizi has implemented a large plethora of...

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Business & Money | Monday 25 March, 2024 11:21 am

Mulkia REIT signs agreement to acquire new property in Riyadh for SAR 200M

Mulkia Gulf Real Estate REIT Fund signed an acquisition agreement to buy a new real estate property, Malathak Tower 2, in Riyadh's Al-Maathar neighborhood, Mulkia Investment Co., fund manager and operator, said in a statement to Tadawul.   Acquisition details PropertyMalathak...

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Business & Money | Monday 25 March, 2024 11:06 am

Group Five signs SAR 3B contract with SWCC

Group Five Pipe Saudi Co. signed on March 24 a 22-month contract worth SAR 3 billion, including value-added tax (VAT), with Saline Water Conversion Corporation (SWCC) for the Ras Al Khair-Riyadh water transportation system project.   The contract covers the manufacture and supply of...

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Business & Money | Monday 25 March, 2024 11:05 am

Farnek ‘LEEDs’ Burj Khalifa to prestigious international sustainability award

Through its sustainability and consultancy division, leading UAE-based smart and green total FM company Farnek, has enabled the Burj Khalifa to achieve LEED O+M Platinum Certification, the optimum international standard for the operation and maintenance of green buildings. The U.S. Green...

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Business & Money | Monday 25 March, 2024 10:46 am

Branchout Türkiye releases its Türkiye M&A Outlook 2023 Report

Evidence of a contracting global economy was also manifested in merger and acquisition (M&A) activities within Türkiye. A report issued by Branchout indicates that M&A transactions in the country fell to their lowest level in the past decade, with a total value of 3.1 trillion...

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