Business & Money | Monday 21 August, 2023 9:32 am

Majid Al Futtaim Announces Half Year Financial Results Robust Numbers Highlight Solid Revenue and Profit Growth

Majid Al Futtaim (“the Group”), the leading shopping malls, communities, retail, and leisure pioneer across the Middle East, Africa, and Central Asia, today announced its operational and financial results for the period ending June 30, 2023. During the first half of the year, Majid Al...

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Business & Money | Sunday 20 August, 2023 11:55 am

DP World teams up with Dubai Cares to get 7,000 children ready for school

As part of Dubai Cares’ “Back to School” edition of the Volunteer Emirates initiative, hundreds of volunteers came together on the World Humanitarian Day on 19th August 2023 to support children in need across the country by packing 7,000 school kits ahead of the beginning of the new academic...

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Business & Money | Sunday 20 August, 2023 10:28 am

Emirati investments in Ethiopia totalled US$2.9 billion at end of 2022: Thani Al Zeyoudi

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said that the UAE’s leadership had directed the country to strengthen its relations with African nations, especially Ethiopia.Ethiopia is the second-largest country in Africa by population, with over 120 million people, and is a ...

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Business & Money | Sunday 20 August, 2023 10:14 am

Sulaiman Al-Habib says fire erupts at hospital under construction in Riyadh

Dr. Sulaiman Al-Habib Medical Services Group said a fire broke out in the hospital of Shamal Al Riyadh for Healthcare Co., a 100%-owned subsidiary, on Aug. 17 evening.   The project, located on Anas Ibn Malik Road in Al Riyadh city, is under construction, the company said in a...

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Business & Money | Sunday 20 August, 2023 10:06 am

Digital Transformation Summit, Saudi Arabia On 23rd and 24th of August

At the core of Saudi Arabia's progressive trajectory lies its visionary initiative, Vision 2030, set in motion in 2016. This transformative roadmap envisions a digitally advanced nation, leveraging technology as a catalyst for sustainable economic growth and an elevated quality of...

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Business & Money | Sunday 20 August, 2023 9:59 am

Saudi Fund for Development breaks ground for the Bridge of the Mangoky River in Madagascar

In presence of the President of the Republic of Madagascar, H.E. Andry Rajoelina, the Saudi Fund for Development (SFD), represented by the General Manager for Africa Operations, Mr. Mohammed Alshammari, laid the foundation stone today to kick off the construction of the new Mangoky Bridge in...

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Business & Money | Saturday 19 August, 2023 1:46 am

SUEZ and Schneider Electric join forces to accelerate digital services for the water sector

Schneider Electric, the leader in the digital transformation of energy management and industrial automation, and SUEZ, the leader in digital and circular solutions in waste and water services, announced they are joining forces to accelerate the deployment of digital solutions for energy efficiency, ...

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Business & Money | Saturday 19 August, 2023 1:44 am

Shanghai Lujiazui Financial City Authority opens new office in Saudi Arabia’s KAFD, Strengthening Sino-Arab Ties

In a momentous event that marks a significant milestone in Sino-Arab relations, Shanghai Lujiazui Financial City Authority (SLFCA) visited the King Abdullah Financial District (KAFD) in Riyadh, announcing the establishment of its first office in the Middle East. This marks the opening of its second ...

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Business & Money | Saturday 19 August, 2023 1:41 am

ACWA Power increases its water capacity to 7.6 mil m3/day after winning Dubai’s Hassyan Seawater IWP Bid

ACWA Power, a Saudi-listed company and the world's largest private water desalination company, the first mover into green hydrogen, and a leader in energy transition, has been declared as the ‘Preferred Bidder’ for the Hassyan Seawater Reverse Osmosis (SWRO) plant by the Dubai Electricity...

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Business & Money | Saturday 19 August, 2023 1:39 am

Dubai Customs facilitates delivery of humanitarian aid shipments

In support of the UAE’s leading role in providing humanitarian aid to needy and affected countries, Dubai Customs continues to facilitate relief shipments dispatched from the International Humanitarian City (IHC).  Their simplified clearance procedures have had a significant impact on...

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