Business & Money | Sunday 19 January, 2025 10:16 am

UAE’s security, safety and fire experts secure top honours at Intersec Awards 2025

The Intersec 2025 Awards, held last night (Wednesday, 15 January) at the Ritz Carlton DIFC in Dubai, celebrated the most innovative and outstanding achievements in safety, security, and fire protection. This year's awards were a significant milestone for the UAE, with the country’s security,...

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Business & Money | Sunday 19 January, 2025 10:12 am

"TAQEEM" and "Najm" Sign an Agreement to Support Electronic Vehicle Damage Assessment Services

As part of its ongoing efforts to develop the "Taqdeer" system, the Saudi Authority for Accredited Valuers (TAQEEM) has signed a cooperation agreement with Najm for Insurance Services to support the electronic damage assessment services for vehicles involved in minor traffic accidents in various...

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Business & Money | Sunday 19 January, 2025 10:06 am

EtihadWE and Partners Unveil Major Sustainability Initiatives at WFES 2025, Driving Ras Al Khaimah Towards a Greener Future

In a joint press conference held today at the World Future Energy Summit (WFES), Etihad Water and Electricity (EtihadWE), with the Ministry of Energy and Infrastructure (MoEI), RAK Municipality, and RAK Public Services Department unveiled a series of ambitious sustainability initiatives. These...

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Business & Money | Sunday 19 January, 2025 10:02 am

UAE’s unified approach to public safety featured at Intersec 2025

 As urbanisation accelerates and security challenges become more complex, the UAE is redefining security management through unified Command & Control Centres (CCCs), a key focus of the Security Leader’s Summit at Intersec 2025. Traditionally, command centres in sectors such as...

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Business & Money | Sunday 19 January, 2025 9:42 am

Revolutionary embodied carbon calculator launched at Light + Intelligent Building Middle East as UAE targets net zero by 2050

The Chartered Institution of Building Services Engineers (CIBSE), the leading authority and standard setter on building services engineering, has launched TM65 UAE a new guide for calculating embodied carbon in building services, at Light + Intelligent Building Middle East. The launch took place...

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Business & Money | Sunday 19 January, 2025 9:39 am

Elm signs MoU with Kidana Development Company to streamline collaborative digitalisation efforts

 Elm, a pioneer in digital solutions, signed a memorandum of understanding (MoU) with Kidana Development Company, the major developer of the Holy Sites and wholly owned by the Royal Commission for Makkah City and Holy Sites. The agreement aims to bolster joint efforts in the development and...

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Business & Money | Sunday 19 January, 2025 9:28 am

Bahri signs USD 800 million Murabaha Revolving Credit Facility agreement with Al Rajhi Bank

Bahri, the National Shipping Company of Saudi Arabia and a global leader in shipping and logistics, has signed a Murabaha Revolving Credit Facility agreement of USD 800 Million (equivalent to SAR 3 billion) with Al Rajhi Bank. The move is aimed at supporting and strengthening Bahri’s financial...

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Business & Money | Saturday 18 January, 2025 12:38 pm

Maaden in talks with banks over international bond sale: CEO

Bob Wilt, CEO of Saudi Arabian Mining Co. (Madden), said the company is considering an international bond sale this year to help fund a more than $12 billion investment program through to the end of the decade.   Maaden is already in talks with banks over the potential issuance and...

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Business & Money | Saturday 18 January, 2025 12:33 pm

ACWA Power wins desalination plant project in Azerbaijan

A consortium, including ACWA Power Co. and Turkey's IC Ictas, won a project from the government of Azerbaijan to build a seawater desalination project using reverse osmosis technology in the Caspian Sea.   In a statement, ACWA Power said the project is to establish a facility capable ...

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Business & Money | Saturday 18 January, 2025 12:31 pm

MODON signs deals worth over SAR 2.3B

The Saudi Authority for Industrial Cities and Technology Zones (MODON) signed industrial contracts worth over SAR 2.3 billion during the Future Minerals Forum (FMF).   The agreements aim to empower the mining industries in line with the Kingdom's Vision 2030, which seeks to make the...

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