Business & Money | Friday 29 December, 2023 1:49 am

Samana Developers Surpasses Expectations in 2023, Sets Ambitious Target of Dh8 Billion in 2024

Amid Dubai's unprecedented growth in real estate transactions, Samana Developers proudly reflects on a year of extraordinary accomplishments in 2023. The developer has surpassed the target of Dh3.3 billion in sales in 2023. Dubai's status as a global destination for living, working, and...

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Business & Money | Friday 29 December, 2023 1:30 am

GCC inks free trade agreement with South Korea

The Gulf Cooperation Council (GCC) signed a free trade agreement with South Korea, a step toward achieving Gulf economic integration and strengthening economic and trade relations between the two sides. GCC Secretary-General Jasem AlBudaiwi and South Korean Trade Minister Ahn Duk-geun signed a ...

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Business & Money | Friday 29 December, 2023 1:24 am

Dubai Civil Defence collaborates with Intersec 2024 to propel fire and rescue innovations in the UAE

As Intersec, the leading international exhibition for fire, security, emergency services, safety, policing, and cybersecurity, gears up for its 25th-anniversary edition, the focus will be on remarkable innovation and collaborations within the fire and safety sector.  Under the patronage...

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Business & Money | Friday 29 December, 2023 1:04 am

The Luxe Developers research highlights the increasing demand for property in RAK

Ras Al Khaimah’s real estate market is providing a lucrative climate for property developers according to research from Colliers, conducted on behalf of The Luxe Developers, highlighting the increase in transactions and value of real estate in the Emirate in recent...

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Business & Money | Friday 29 December, 2023 12:33 am

Tameed Platform Closes Series A Funding Round of SAR 56.75 Million

Tameed Raises 56.75M SAR in Series A Funding round lead by Alromaih Group Highlighting investors’ trust, Tameed Digital Lending Platform, which offers shariah-compliant Government Purchase Orders Financing for SMEs in Saudi Arabia, announced that it has successfully closed a funding round (Series ...

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Business & Money | Friday 29 December, 2023 12:30 am

‘AlUla, Wonder of Arabia’ exhibition to debut in Beijing,

: Following its celebrated debut in Paris in 2019, the ‘AlUla, Wonder of Arabia’ exhibition is set to captivate the Chinese public for the first time from 5th January to 24th March, 2024. Opening its doors at the Palace Museum in Beijing’s Forbidden City, this extraordinary,...

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Business & Money | Thursday 28 December, 2023 10:24 am

Najm wins the “Labor Excellence Award” in the Localization Track for Business Services Sector

The Minister of Human Resources and Social Development H.E. Eng. Ahmad bin Sulaiman Al-Rajhi honored Najm for Insurance Services as the winner of the third edition of Labor Excellence Award in the Localization Track for Business Services Sector. This award comes as a recognition for Najm leading...

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Business & Money | Thursday 28 December, 2023 9:58 am

National Gypsum signs SAR 30M contract to develop gypsum board production line

National Gypsum Co. signed on Dec. 27 a SAR 30 million contract to develop and modernize a gypsum board production line in the Riyadh factory. The company aims to keep pace with the latest technical advancements and production of up to 15 million square meters of gypsum annually,...

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Business & Money | Thursday 28 December, 2023 9:42 am

Emirates Stallions Group Concludes 2023 with a Strategic Move Securing 60% Majority Stake in AFKAR Investments

Emirates Stallions Group (ADX:ESG), the Global investment, engineering, and construction solutions company and a subsidiary of International Holding Company (IHC), has announced today the acquisition of a 60% stake in AFKAR Financial & Property Investments, an Abu Dhabi-based company with...

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Business & Money | Thursday 28 December, 2023 9:26 am

solutions EGM OKs SAR 308.8M reserve transfer to retained earnings

Arabian Internet and Communications Services Co.’s (solutions) shareholders approved transferring its statutory reserve, amounting to SAR 308.76 million as shown in the financial statements of 2022, to retained earnings, during the extraordinary general meeting (EGM) held on Dec....

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