Expo Centre Sharjah has signed a strategic partnership agreement with Magnati and PayRow Payment, leading digital payment solutions and service providers. The partnership underscores Expo Centre Sharjah's unwavering commitment to boosting digital transformation in the UAE's exhibition and...
First Milling Company (First Mills), a market-leading player in the Kingdom's milling industry, completed the buyback of 300,000 shares (representing 0.54% of its shares) to be allocated for the employee share scheme. According to a statement on Tadawul, the deal is valued at SAR 25.36...
Saudi Real Estate Co. (Al Akaria) signed on May 9 a contract worth SAR 532.1 million, inclusive of VAT, with Diriyah Gate Development Authority (DGDA) for the implementation of excavation works for Car Park A, Car Park B, and related works, according to a filing to Tadawul. The contract...
Saudi Arabia’s imports from GCC countries rose 19% year-on-year (YoY) to SAR 6.78 billion in February 2024, according to a recent report by the General Authority for Statistics (GASTAT). UAE accounted for 65%, or SAR 4.4 billion of the total Saudi imports, up 16%...
Aramex today announced its financial results for the first quarter ending 31st March 2024, with net profit nearly doubling, reaching AED47 million, marking two consecutive quarters of strong performance. The net profit margin improved to 3%. In a statement on Friday, the company reported an 8% ...
Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has concluded its week-long trade mission to Southeast Asia by arranging 180 bilateral business meetings between companies from Dubai and Vietnam. The trade mission was organised as part of...
CABSAT 2024, the premier conference for the broadcast, satellite, and content sectors, is slated to revolutionise media and entertainment with its innovative exhibitions and features for participants. The latest edition of CABSAT, taking place from 21st to 23rd May at Dubai World Trade Centre, ...
Zain KSA announced the financial results for the first quarter of 2024, with revenue of SAR 2.5 billion, an increase of 4.7% compared to the same period in 2023. Zain KSA reported a net profit of SAR 67 million compared to SAR 1.1 billion in the first quarter of last year. The decline resulted from ...
Sanad, the global aerospace engineering and leasing solutions leader, wholly owned by Abu Dhabi's sovereign investor Mubadala Investment Company, unveiled a strategic transaction between Sanad and CFM Materials, the world's largest provider of used serviceable components for CFM International...
Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, said today that Dubai's investments in Vietnam totalled approximately AED280 million between 2019 and 2023, fostering 4,500 job opportunities within the Vietnamese market. During the second leg of the trade mission organised by...