Business & Money | Sunday 16 July, 2023 9:02 am

Azizi Developments partners with British Perkins

Azizi Developments, a leading private developer in the UAE, has announced its partnership with UK-based Perkins Engines Company Limited to source premium diesel generators for Amber, the developer’s recently launched project in the well-connected Al Furjan.  Perkins, a global leader in...

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Business & Money | Saturday 15 July, 2023 5:24 am

Gold prices fall, set for best weekly performance since April

Gold prices declined on Friday, but they are heading for their best weekly performance since April.   Federal Reserve Bank of San Francisco President Mary Daly said it’s too soon for policymakers to say they have done enough to return US inflation to their target, CNBC...

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Business & Money | Saturday 15 July, 2023 5:09 am

ACWA Power awards SAR 2.5 bln EPC contract for Rabigh 4 project

ACWA Power Co., along with Haji Abdullah Alireza & Co (HAACO) and Al Moayyed Contracting Group (AMCG), awarded an engineering, procurement, and construction (EPC) contract with a consortium of Power China, SEPCOIII, and WETICO for Rabigh 4 Independent Water Plant (IWP)...

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Business & Money | Saturday 15 July, 2023 5:05 am

NEOM CEO says work progressing in Red Sea destination

Nadhmi Al-Nasr, CEO of NEOM and board member of Red Sea Global (RSG), highlighted the remarkable progress in the Red Sea destination, indicating that the project will contribute to boosting the Kingdom’s position on the global tourism map.   He pointed to the great efforts made by...

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Business & Money | Saturday 15 July, 2023 1:52 am

RAKEZ empowers businesses through regular networking events

Ras Al Khaimah Economic Zone (RAKEZ) continues to foster connections and drive growth by organising regular networking events across industries. RAKEZ recognises the power of working together in today’s ever-changing business landscape and is shaping the future of industries in Ras Al Khaimah by...

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Business & Money | Saturday 15 July, 2023 12:59 am

Emirates NBD revamps digital bank Liv with new value proposition targeting Gen Now

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has revamped its digital bank Liv, with a new value proposition targeted at Generation Now (Gen Now) empowering them with a better financial future through innovative offerings and a superior...

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Business & Money | Friday 14 July, 2023 5:45 am

ADDED launches ‘Intellectual Property excellence centre’ to unleash innovation

The Competitiveness Office of Abu Dhabi (COAD) at the Abu Dhabi Department of Economic Development (ADDED) has launched the intellectual property (IP) Excellence Centre to unleash innovation and enhance Abu Dhabi’s global competitiveness by providing a conducive environment to...

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Business & Money | Friday 14 July, 2023 5:38 am

CrediMax and Mastercard sign strategic partnership agreement to drive digital innovation in Bahrain

CrediMax recently renewed its strategic partnership agreement with Mastercard during a signing ceremony in the presence of Mr. Ahmed A. Seyadi, CrediMax Chief Executive, and Mr. Khalid Elgibali, Mastercard Division President, Middle East and North Africa. This collaboration reflects CrediMax’s...

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Business & Money | Friday 14 July, 2023 5:38 am

CrediMax and Mastercard sign strategic partnership agreement to drive digital innovation in Bahrain

CrediMax recently renewed its strategic partnership agreement with Mastercard during a signing ceremony in the presence of Mr. Ahmed A. Seyadi, CrediMax Chief Executive, and Mr. Khalid Elgibali, Mastercard Division President, Middle East and North Africa. This collaboration reflects CrediMax’s...

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Business & Money | Friday 14 July, 2023 5:33 am

Gulf Navigation records 28 million dirhams in Net Profits in H1 2023

Gulf Navigation Holding PJSC (“GULFNAV”) the Dubai Financial Market listed maritime and shipping company, announced its financial results for the period ended 30 June 2023, reporting a Net Profit of 28 million dirhams, compared to a net loss of 2.5 million dirhams for the same period in...

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