Business & Money | Thursday 30 January, 2025 9:45 am

Clinton praises Saudi Arabia’s Vision 2030 for unlocking human potential

RIYADH: Former US President Bill Clinton praised Saudi Arabia’s Vision 2030 initiatives on Wednesday, highlighting their role in creating new opportunities for individuals to realize their full potential. Speaking on the final day of the Real Estate Future Forum in a panel titled “A...

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Business & Money | Thursday 28 November, 2024 4:44 pm

RIBA strengthens Gulf presence and partnerships

As part of its work to promote architectural excellence and grow its global membership, the Royal Institute of British Architects (RIBA) has been taking steps to strengthen its presence and strategic partnerships in the Gulf. This work coincides with the 15th anniversary of the RIBA Gulf...

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Business & Money | Tuesday 11 February, 2025 8:00 am

Grant Thornton UAE opens in Sharjah

Grant Thornton UAE, one of the leading financial services companies, has announced the opening of its new office in Sharjah, in a step that represents a significant milestone in the company’s growth journey and its commitment to serving its clients in the Northern Emirates and across the...

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Business & Money | Tuesday 11 February, 2025 8:00 am

Ahmed bin Saeed opens largest edition of MRO Middle East, AIME

H.H. Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, today opened MRO Middle East and Aircraft Interiors Middle East (AIME) 2025, marking the region’s largest event of its...

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Business & Money | Tuesday 11 February, 2025 8:00 am

Second Edition of Japan-Kyoto Trade Exhibition opens in Dubai

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, officially inaugurated the 2nd Edition of the Japan-Kyoto Trade Exhibition at the Dubai World Trade Centre (DWTC). The prestigious event features over 120 Japanese companies and brands, reinforcing the UAE’s position as a...

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Business & Money | Tuesday 11 February, 2025 8:00 am

Emirates invests in Airbus Skywise S.FP+, Core X3 digital predictive maintenance solution

As part of its commitment to operational excellence and safety through strategic fleet management, Emirates has signed an agreement with Airbus for the implementation of its Skywise Fleet Performance+ (S.FP+) advanced predictive maintenance and fleet health monitoring solution and Core X3 analytics ...

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Business & Money | Tuesday 11 February, 2025 8:00 am

DEWA announces record annual revenue of AED30.98 bn for 2024

Dubai Electricity and Water Authority today reported its full year 2024 preliminary and unaudited consolidated financial results. DEWA Group recorded consolidated full year revenue of AED30.98 billion, EBITDA of AED15.70 billion and net profit after tax of AED7.24 billion. For Q4, 2024, DEWA Group...

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Business & Money | Tuesday 11 February, 2025 8:00 am

IHC posts robust preliminary full-year 2024 performance with 54.4% revenue growth

IHC, the global investment company focused on building dynamic value networks, has announced its preliminary financial results for the full-year 2024, with revenue surging to AED 92.8 billion, reflecting a robust 54.4% increase compared to AED60.1 billion in 2023. This strong financial...

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Business & Money | Tuesday 11 February, 2025 8:00 am

Mobily to invest $905M in data centers, subsea cables, fiber connectivity: CEO

Etihad Etisalat Co. (Mobily) will invest more than $905 million in data centers, subsea cables, and fiber connectivity between countries, said CEO Salman Al Badran. Speaking at the LEAP 25 conference on Monday, Al Badran added that the company will use data centers with a capacity of 39...

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Business & Money | Tuesday 11 February, 2025 8:00 am

Saudi Steel Pipe’s subsidiary secures SAR 910M contract with Aramco

Saudi Steel Pipe Co.’s (SSP) consolidated subsidiary, Global Pipe Co., won a contract to supply longitudinally submerged arc welded (LSAW) pipes worth approximately SAR 910 million for Saudi Aramco’s Accelerated Carbon Capture and Storage hub in Jubail. In a statement to Tadawul, the...

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Business & Money | Tuesday 11 February, 2025 8:00 am

LEAP 2025 Continues Its Groundbreaking Announcements on Day Two with Over $7.5 Billion in Tech and AI Investments

LEAP 2025, the global tech event, witnessed a series of groundbreaking investments on Day 2, exceeding $7.5 billion, in data centers, submarine and fiber-optic cable networks. These investments are focused on enhancing digital infrastructure and promoting innovation in artificial...

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Business & Money | Tuesday 11 February, 2025 8:00 am

NEOM, DataVolt to launch $5B AI factory in Oxagon

NEOM and DataVolt, a Saudi-based international developer, investor and operator of data centers, signed a partnership agreement to design an AI factory that will operate as an integrated data center, with a total capacity of up to 1.5 gigawatt. The development will take a phased approach, with ...

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