Business & Money | Sunday 9 June, 2024 11:01 am

Bupa Arabia plans 860,000 share buyback for employees’ incentive program

Bupa Arabia for Cooperative Insurance Co. board of directors recommended, on June 9, the repurchase of up to 860,000 of its shares to allocate to the employees’ stock long-term incentive program. The company said in a statement on Tadawul that the shares to be purchased are ordinary shares...

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Technology & IT | Sunday 9 June, 2024 10:23 am

HONOR’s Eid Mega Sale spreads joy and togetherness this Eid Al-Adha

Consumers will enjoy up to SAR 900 off and exclusive gifts  To celebrate the joyous occasion of Eid Al-Adha, HONOR is extending its heartfelt wishes and sharing in the festive celebrations by offering an array of exciting discounts and up to SAR 900 off across many of its flagship...

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Business & Money | Sunday 9 June, 2024 9:58 am

Saudi Aramco details shareholding post-allocation

Saudi Arabian Oil Co. (Saudi Aramco) announced shareholding details pursuant to the final allocation of the fully marketed offering of 1.545 billion shares, in which the majority of the shares constituting the institutional tranche of the offering was allocated to investors located outside of the...

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Business & Money | Sunday 9 June, 2024 9:54 am

MIS signs contract to lease data center; value exceeds 50% of revenues in 2023

Al Moammar Information Systems Company - MIS signed a joint contract with Microsoft Arabia Limited and the Saudi Data Center Fund 1, for the purpose of leasing and providing data center services.MIS signs contract to lease data center; value exceeds 50% of revenues in 2023. The...

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Business & Money | Sunday 9 June, 2024 9:26 am

Abu Dhabi launches the unified economic licence to enhance ease of doing business

The Abu Dhabi Department of Economic Development (ADDED) in collaboration with the           Abu Dhabi Free Zones Council launched the Unified Economic License in Abu Dhabi, spearheaded by Khalifa Economic Zones Abu Dhabi (KEZAD Group), Abu Dhabi Airports Free Zone (ADAFZ), ...

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Business & Money | Sunday 9 June, 2024 9:24 am

Deloitte admits 32 new partners for the Middle East region

Deloitte, the largest professional services network in the world, has further grown its leadership team in the Middle East with the admission of 32 new partners on June 1, 2024 in addition to 23 lateral hire partners in the last 11 months.  Mutasem Dajani, CEO, Deloitte Middle East, said: ...

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Business & Money | Sunday 9 June, 2024 9:18 am

RAKEZ inks MoU with Indian Chamber of Commerce to boost UAE-India economic ties

 Ras Al Khaimah Economic Zone (RAKEZ) signed a Memorandum of Understanding (MoU) with the Indian Chamber of Commerce (ICC) to enhance business opportunities and foster economic growth between the UAE and India. The MoU was signed by RAKEZ Group CEO Ramy Jallad and ICC Regional Director...

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Sports | Sunday 9 June, 2024 9:09 am

The Department of Community Development Launches Digital Version of Sports For All Policy in Abu Dhabi

The Department of Community Development (DCD), the regulator of the social sector in Abu Dhabi, has launched the digital version of its Sports for All policy. This policy aims to promote physical activity and encourage all members of society to engage in diverse sports. The digital version was ...

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Business & Money | Sunday 9 June, 2024 8:46 am

Azizi Developments hits 61% sales for Azizi Venice

Azizi Developments, a leading private developer in the UAE, has announced having sold more than 61% of the units across its released buildings in its luxury mixed-use development, Azizi Venice, located in Dubai South.  Azizi Venice will comprise more than 30,000 residential units across...

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Business & Money | Sunday 9 June, 2024 8:44 am

Dubai Ranks First Globally in FDI for Cultural and Creative Industries 2023

Dubai has topped the Foreign Direct Investment (FDI) Index for cultural and creative industries in 2023, according to the 'fDi Markets' report by the Financial Times. This ranking reaffirms Dubai’s leadership and enhances its competitiveness as a global capital of the creative economy. The...

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