Business & Money | Thursday 17 August, 2023 9:47 am

Red Sea shareholders ratify contracts for leasing part of Rabigh land

Red Sea International Co.’s shareholders approved the contracts concluded between the company and former board member Saleh Mohammed Awad bin Laden during the ordinary general assembly meeting held on Aug. 16.  The contract was related to renting a part of a land plot in...

More Details

Business & Money | Thursday 17 August, 2023 12:59 am

Dubai’s Multi-billion Dollar Joint Venture to Launch ‘Empire Developments’, Set to Enter UAE Real Estate Market

Dubai-based EssKay Holdings and Peace Home Real Estate business conglomerates jointly venture into UAE’s real estate market and set to launch Empire Developments, the real estate development company. Empire Developments aims to position itself as a ready-to-move-in and affordable residential...

More Details

Business & Money | Thursday 17 August, 2023 12:01 am

FedEx Launches Regional Economy Services in the Middle East

FedEx Express, a subsidiary of FedEx Corp (NYSE: FDX) and the world’s largest express transportation company, has launched FedEx® Regional Economy and FedEx® Regional Economy Freight services to cater to the increasing demand for cross-border trade in the Middle East region. The deferred,...

More Details

Business & Money | Wednesday 16 August, 2023 11:46 am

Chinese companies explore expansion opportunities in Ras Al Khaimah

Ras Al Khaimah Economic Zone (RAKEZ) has been recording heightened interest from Chinese companies looking to navigate the business landscape and strategic investment opportunities in the UAE. Post its successful business tour to major Chinese cities earlier this year, the economic zone hosted...

More Details

Business & Money | Wednesday 16 August, 2023 9:50 am

DAMAC Coral Reef unveiled as the developer’s newest seaside project at Dubai Maritime City

DAMAC Properties announced the launch of its latest project, DAMAC Coral Reef, to be developed within the picturesque Dubai Maritime City. This exclusive waterfront development promises to redefine luxury living with a captivating blend of artistic expression and exceptional coastal charm. The ...

More Details

Business & Money | Wednesday 16 August, 2023 9:01 am

Sakani: Over 57,000 families moved to their 1st homes YTD

As many as 52,970 Saudi families benefited from the housing options and financing solutions provided by the Sakani Program since the start of 2023 till the end of July. More than 57,000 families received homes through the program year to date (YTD), according to a...

More Details

Business & Money | Wednesday 16 August, 2023 8:39 am

The 1st Global Water, Energy and Climate Change Congress (GWECCC) is scheduled to be hosted by the Kingdom of Bahrain from 5-7 September 2023

H.E. Dr. Mohamed bin Mubarak Bin Daina Minister of Oil and Environment, Special Envoy for Climate Affairs, announced the launch of the first edition of GWECCC, which will be held under the patronage of HE Shaikh Khalid bin Abdullah Al Khalifa, Deputy Prime Minister, from 5-7 September 2023 at The...

More Details

Business & Money | Wednesday 16 August, 2023 12:20 am

StartSmart Entrepreneurship Competition Concludes Semifinal Stage

Community Jameel Saudi, a member of the global network of the Abdul Latif Jameel World Education Lab (J-WEL) of the Massachusetts Institute of Technology (MIT), announced the conclusion of the semi-finals of the StartSmart Competition, after three months of intense training. The competition is...

More Details

Business & Money | Wednesday 16 August, 2023 12:06 am

Al Dahra and ADEX Partner to Secure Egypt's Wheat Supply in US$ 500 million Agreement

Al Dahra, a global agribusiness leader based in Abu Dhabi, and Abu Dhabi Exports Office (ADEX) have partnered to supply wheat to Egypt in a 5 year deal starting 2023. The five-year agreement, worth $100 million per year, will provide Egypt with a steady supply of high-quality imported milling...

More Details

Business & Money | Wednesday 16 August, 2023 12:04 am

noqodi expands collaboration with Network International to broaden its digital payments offering

noqodi, a leading fintech company has broadened its collaboration with Network International (Network), the leading enabler of digital commerce across the Middle East and Africa (MEA) region, enabling the company to expand digital payments acceptance for a wider range of sectors beyond just...

More Details