Business & Money | Thursday 23 January, 2025 11:27 am

UAE leads AI technology adoption, says Oracle

Oracle, a global leader in information technology and database solutions, has affirmed that the UAE and the region are experiencing exceptional growth in adopting artificial intelligence (AI) and cloud computing technologies, driven by government initiatives encouraging technological adoption and...

More Details

Business & Money | Thursday 23 January, 2025 11:24 am

Sharjah’s real estate transactions hit record AED40 billion in 2024

The Sharjah real estate has succeeded in achieving exceptional and unprecedented growth during 2024, with transactions volume amounting to AED 40 billion, and a growth rate of 48 percent compared to 2023. Abdulaziz Ahmed Al Shamsi, Director-General of the Sharjah Real Estate Registration...

More Details

Business & Money | Thursday 23 January, 2025 11:22 am

GCAA achieves 7 awards at Middle East & North Africa Stevie Awards

The General Civil Aviation Authority (GCAA) has achieved remarkable recognition at the 2025 Middle East & North Africa Stevie Awards, securing seven prestigious awards, including four Gold and three Silver. This milestone underscores GCAA's unwavering commitment to excellence, innovation,...

More Details

Business & Money | Thursday 23 January, 2025 11:08 am

AD Ports Group, Egyptian Ministry of Industry and Transport sign MoU to explore logistics infrastructure collaborations in Alexandria

AD Ports Group, a leading facilitator of global trade, logistics and industry, announced today the signing of a Memorandum of Understanding (MoU) with the Egyptian Ministry of Industry and Transport to explore joint development and operations an integrated logistics Park in Alexandria. The...

More Details

Business & Money | Thursday 23 January, 2025 11:05 am

Riyad Bank completes SAR 2B sukuk offering

Riyad Bank completed its SAR-denominated additional Tier 1 capital sukuk issuance under its SAR additional Tier 1 Sukuk program, worth SAR 2 billion, the lender said in a statement on Tadawul. The sukuk will be settled on Jan. 23, the statement added. Sukuk Issuance DetailsOffer ...

More Details

Business & Money | Thursday 23 January, 2025 10:59 am

Saudi Sports for All Federation Partners with Kuwait’s Suffix Launched with Saracen Race in the Kingdom

The Saudi Sports for All Federation (SFA) has signed a four-year partnership with Kuwait-based Suffix, a prominent company in the sports industry, to host the Saracen Race in Saudi Arabia for the first time. The race will take place in three different cities within the Kingdom, aiming to promote...

More Details

Business & Money | Thursday 23 January, 2025 10:55 am

Saudi Esports Federation and King Saud University Medical City sign groundbreaking physical and mental wellbeing MoU for esports players

The Saudi Esports Federation (SEF) and King Saud University Medical City (KSUMC) have signed a Memorandum of Understanding (MoU) to collaborate on implementing physical and mental wellbeing initiatives, developing health programs and conducting advanced research for esports players. Specific...

More Details

Business & Money | Thursday 23 January, 2025 10:28 am

Msheireb Properties and UBS celebrate contract signing for new office in Msheireb Downtown Doha

 Msheireb Properties and UBS have jointly celebrated the contract signing for UBS’s new office in Msheireb Downtown Doha, one of the smartest, most sustainable city districts in Qatar. The future location will house UBS’s wealth management business in Qatar, featuring a dedicated client...

More Details

Business & Money | Thursday 23 January, 2025 9:37 am

Azizi Developments extends partnership with Xylem for Azizi Venice and Riviera

Azizi Developments, a leading private developer in the UAE, has extended its collaboration with Xylem, a globally renowned manufacturer of premium pumps, valves, heat exchangers, and accessories for plumbing, wastewater, and HVAC systems.  Xylem, supplied by Al Muthathawerah A/C Systems...

More Details

Business & Money | Wednesday 22 January, 2025 10:46 am

NEOM and The National Technology Development Program announce partnership to drive Web3 growth in Saudi Arabia

NEOM and the National Technology Development Program (NTDP) have launched a strategic partnership to advance the growth of the Web3 ecosystem in Saudi Arabia. Leveraging their combined strengths and resources, the collaboration will establish comprehensive accelerator programs designed to support...

More Details