Business & Money | Thursday 22 June, 2023 10:24 am

GFH aims to list a real estate fund on the Saudi Exchange within two years

GFH Financial Group B.S.C would like to announce the following clarifications: We would like to clarify that what is meant by the statement of Mr. Nael Mustafa, SEO of GFH Partners, a subsidiary of GFH Financial Group, on Mubasher website, is that the listing of a REIT in the Saudi or any other...

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Business & Money | Thursday 22 June, 2023 9:48 am

B1 Properties Announces AED 80 Million Record Breaking Sale of The Most Expensive Penthouse in Bluewaters Island Dubai

B1 Properties, a leading real estate company in Dubai, has achieved remarkable sales setting new benchmarks despite prevailing market conditions. The company secured the highest sale for a penthouse in Bluewaters Island for an astounding AED 80 Million, setting a new record. The exceptional...

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Business & Money | Thursday 22 June, 2023 9:39 am

L’OCCITANE ME AND CHALHOUB GROUP HOST DEMO DAY FOR THEIR ACCELERATOR PROGRAMME POWERED BY THE GREENHOUSE

L’Occitane ME and Chalhoub Group hosted the Demo Day for their first retail-tech Accelerator Programme, powered by The Greenhouse, Chalhoub Group’s space for innovation and entrepreneurship. The Demo Day took place at The Greenhouse in Dubai Design District where the four retail-tech start-ups...

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Business & Money | Wednesday 21 June, 2023 12:23 pm

GCC BDI launches Riyadh Membership Chapter

The GCC Board Directors Institute (GCC BDI), a non-profit organisation dedicated to equipping board directors with the knowledge and resources to achieve and maintain effective corporate governance, proudly announced the launch of its Riyadh Membership Chapter on 15 June. This momentous occasion...

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Business & Money | Wednesday 21 June, 2023 11:49 am

Al Rajhi Capital Taps IBM AI for its New Digital Application

Al Rajhi Capital (ARC), a leading Investment services company, selected IBM’s AI for business to automate its business processes and enable Alrajhi capital new digital mobile application; a digital workflow management platform which transforms the customer’s experience and provides a more...

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Business & Money | Wednesday 21 June, 2023 11:03 am

SAMI-AEC Forges Strategic Partnership with Lockheed Martin to Bolster Regional Repair Capabilities

SAMI-AEC, a subsidiary of SAMI (the Saudi Arabia's national champion of defense industries), proudly announces a strategic partnership with Lockheed Martin. This partnership officially designates SAMI-AEC's Sniper Advanced Targeting Pod (ATP)Repair Center as the world's premier, Middle...

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Business & Money | Wednesday 21 June, 2023 10:26 am

Asteco Named Property Management Company of the Year at Facilities Management Middle East Awards 2023

Asteco Property Management, a leading real estate services company, has won the Property Management Company of the Year award during the 16th edition of Facilities Management Middle East (FMME) Awards 2023 held recently in Dubai. Asteco was recognised for consistently delivering high quality,...

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Business & Money | Wednesday 21 June, 2023 10:13 am

Informa Markets’ Middle East events win a string of accolades at industry ‘Oscars’

Informa Markets, the world’s leading exhibition organiser, celebrated a series of wins at the recent AEO Excellence Awards, which recognises and celebrates achievements in the global event industry. Middle East Energy 2023, Black Hat MEA, and LEAP were recognised as stand-out winners in their...

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Business & Money | Wednesday 21 June, 2023 10:11 am

Saudi Arabia plans entry visa for Expo 2030, says Princess Reema

Princess Rema bint Bandar Al Saud, Saudi Arabia's ambassador to the US, said that every visitor will be welcomed in the Kingdom and that Riyadh Expo will have virtual visitors. During her presentation of the Kingdom's bid to host Expo 2030 today in Paris, she said that there will be an entry...

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Business & Money | Wednesday 21 June, 2023 10:10 am

Shell signs agreement to open fuel stations in Saudi Arabia

Shell signed an agreement, on June 20, with ASYAD Holding Group, under the patronage of the Ministry of Energy, to open Shell-branded fuel stations in Saudi Arabia. Ministry of Energy said in a statement that the first gas stations are expected to open in the fourth quarter of this year in...

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