Business & Money | Tuesday 20 June, 2023 12:38 pm

RAKEZ paves the way for UAE-Russia economic cooperation during St. Petersburg visit

Ras Al Khaimah Economic Zone (RAKEZ) representatives recently joined the UAE’s Ministry of Economy delegation which attended the St. Petersburg International Economic Forum (SPIEF) 2023 in Russia. The visit aimed to explore new opportunities for collaboration and strengthen economic ties between...

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Business & Money | Tuesday 20 June, 2023 12:08 pm

Farnek appoints new head of sustainability

Leading UAE-based smart and green facilities management (FM) company Farnek has appointed Muna AlNahdi as its new Head of Consultancy & Sustainability, to direct Farnek’s green strategy and net zero plans. With over 14 years’ experience in the UAE, AlNahdi will lead a multi...

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Business & Money | Tuesday 20 June, 2023 12:00 pm

Construction of third phase of Riviera accelerates

Azizi Developments, a leading private real estate developer in the UAE, is advancing rapidly in the construction of the third phase of Riviera, its French Mediterranean-inspired waterfront community strategically located in the highly sought-after Mohammed Bin Rashid City, amidst Dubai’s...

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Business & Money | Tuesday 20 June, 2023 11:55 am

Saudi Arabia advances to 17th place in World Competitiveness 2023

The Kingdom of Saudi Arabia advanced seven places in the IMD World Competitiveness Ranking 2023, issued by the World Competitiveness Center of the International Institute for Management Development (IMD), to reach 17th place globally from 24th in 2022. The report showed that the Kingdom ranked ...

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Business & Money | Tuesday 20 June, 2023 11:44 am

King Abdullah Port and “Tabadul” Enter Strategic Partnership to Enhance Digital Logistics Excellence

King Abdullah Port the most efficient port globally by the World Bank (2022 Report) and The Saudi Company for Electronic Information Exchange (TABADUL), the leading provider of innovative digital and smart fintech services to the business and logistics sectors, announced the signing of a...

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Business & Money | Tuesday 20 June, 2023 10:39 am

PRCO Group expands its operations in the Kingdom of Saudi Arabia

PRCO Group, the leading independent luxury hospitality, lifestyle and real estate communications agency, today announced the launch of PRCO KSA and the opening of the company's first office in Riyadh. The new Riyadh office consolidates PRCO’s presence in KSA and joins existing...

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Business & Money | Tuesday 20 June, 2023 9:34 am

EDGE and Brazilian Navy Forge Ahead with Joint Development of Long-Range Anti-Ship Missiles

EDGE, one of the world’s leading advanced technology and defence groups, and the Brazilian Navy, have signed a strategic partnership and cooperation agreement for the development of state-of-the-art long-range anti-ship missiles. The agreement was signed in the presence of Her Excellency Reem...

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Business & Money | Monday 19 June, 2023 2:07 pm

Emirates NBD celebrates 60-year journey from homegrown UAE bank to international banking brand

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, marks a significant milestone this year, with the bank celebrating its 60th anniversary. The landmark occasion also marks the bank’s journey and tremendous progress from a homegrown local bank to a ...

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Business & Money | Monday 19 June, 2023 2:06 pm

MAG ACHIEVES AED 3 BILLION IN SALES IN Q1 2023

MAG, one of the leading real estate developers in the UAE, has announced that its Q1 2023 sales across different projects reached AED 3 billion. Offering transformational living through the design of space, MAG’s luxury residential development, Keturah Reserve, located in ...

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Business & Money | Monday 19 June, 2023 12:52 pm

FOURTH SAUDI HOUSING FINANCE CONFERENCE SPOTLIGHTS CONTRIBUTION OF HOUSING MARKET TO NATIONAL ECONOMY

Organized by Euromoney Conferences, the Saudi Housing Finance Conference was held under the patronage of the H.E. Mr Majed bin Abdullah Al-Hogail, Minister of Municipal, Rural Affairs and Housing, Chairman of Housing Program on May 24, 2023. The conference was organized in partnership with and...

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