Business & Money | Thursday 18 April, 2024 10:13 am

Jebel Ali Port operations continue normally: DP World

DP World affirmed that port operations are continuing normally at Jebel Ali despite the recent adverse weather conditions, and all terminals and gates remain open. In a statement today, DP World said that while some minor delays are possible due to road congestion, work is underway to minimise ...

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Environment & Energy | Thursday 18 April, 2024 10:11 am

Masdar to invest heavily in green hydrogen projects: Chief Green Hydrogen Officer

Abu Dhabi Future Energy Company – Masdar, is ramping up its investments in green hydrogen by establishing a dedicated unit to develop specialised projects in this sector locally, regionally, and globally. This move will reinforce Masdar's leading position in developing renewable and clean...

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Business & Money | Thursday 18 April, 2024 10:10 am

UAE, Costa Rica committed to developing resilient and sustainable economies based on innovation: Al Zeyoudi

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stated that Costa Rica and the UAE share many areas of strategic cooperation, culminating in the signing of a Comprehensive Economic Partnership Agreement (CEPA). This reflects their commitment to developing resilient,...

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Business & Money | Thursday 18 April, 2024 9:29 am

NEOM plans to issue SAR 5B sukuk: Report

NEOM plans its first issuance of SAR-denominated sukuk later this year. The issuance could reach up to SAR 5 billion in value, Bloomberg reported, citing informed sources. NEOM appointed HSBC Saudi Arabia Co., Al Rajhi Bank, and The Saudi National Bank (SNB) to provide consultation on...

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Business & Money | Thursday 18 April, 2024 9:04 am

Zoujaj's 6th glass containers line to be completed in Dec. at SAR 47M

National Co. for Glass Industries (Zoujaj) said today, April 16, that the sixth glass container production line will cost SAR 46.6 million and is expected to be completed in December 2024. The expected financial impact of the project will appear starting in the first quarter of 2025. It...

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Business & Money | Thursday 18 April, 2024 9:02 am

Thimar sets up new firm for real estate investments

Thimar Development Holding Co. established a new 100%-owned, one-person limited liability company named Thimar Towers Development and Real Estate Investment Co.In a statement to Tadawul, Thimar said the new company is headquartered in Riyadh, Saudi Arabia. The company was set up to support...

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Business & Money | Thursday 18 April, 2024 8:52 am

Budget Saudi CEO: AutoWorld acquisition marks company’s largest-ever deal, to boost market share

United International Transportation Co.’s (Budget Saudi) acquisition of Al-Jazira Equipment Co. Ltd (AutoWorld) paves the way for a new era of growth opportunities, driven by a robust and strong Saudi economy, President & Group CEO Fawaz Danish told Argaam in an...

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Technology & IT | Wednesday 17 April, 2024 1:25 pm

HONOR Magic6 Pro Review: A Flagship Powerhouse with AI Magic in the Details

HONOR continues to surprise us all! The giant smartphone manufacturer has come out with its next iteration of its flagship Magic series, the all-new HONOR Magic6 Pro. The all-new smartphone takes on the competition and I've been fortunate to get my hands on the HONOR Magic6 Pro recently, allowing...

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Technology & IT | Wednesday 17 April, 2024 1:04 pm

Emirates NBD and partners announce second cohort of ‘National Digital Talent Incubator’ program

Following the success of the first edition of its bespoke National Digital Talent Incubator (NDTI) program, Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has announced the second cohort of the program, supported by its strategic partner DIFC...

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Technology & IT | Wednesday 17 April, 2024 12:47 pm

du deploys Microchip's TimeProvider® 4100 Grandmaster for advanced 5G network broadband services

du, from Emirates Integrated Telecommunications Company (EITC), today announced the deployment of Microchip's cutting-edge TimeProvider® 4100 Grandmaster, as part of its investment in 5G technology.  Saleem AlBlooshi, Chief Technology Officer at du said: "With the deployment of...

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