Environment & Energy | Thursday 5 September, 2024 10:43 am

Etihad Water and Electricity Inaugurates Four New Stations with a Total Investment of AED 422 Million

Etihad Water and Electricity (EtihadWE) has officially inaugurated four new facilities, advancing its strategic goals to bolster electricity and water infrastructure and promote sustainable water management across the Northern Emirates. These new installations address the growing utility...

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Government | Thursday 5 September, 2024 10:35 am

Saudi Arabia suspends fees for hotels, resorts commercial licenses

Saudi Arabia’s Minister of Municipalities and Housing Majed Al Hogail issued a decision to cancel the fees for issuing a commercial activities license for hotels, hotel apartments, and residential resorts, effective today, Wednesday.   The move is part of the ongoing efforts to...

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Business & Money | Thursday 5 September, 2024 10:28 am

Saudi Arabia sees 'unprecedented' progress in economic transformation: IMF

The International Monetary Fund (IMF) concluded on July 31 the 2023 Article IV consultations with Saudi Arabia. “Saudi Arabia’s unprecedented economic transformation is progressing well as it advanced in its modernization and diversification efforts under Vision 2030,” the fund wrote in...

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Business & Money | Thursday 5 September, 2024 10:19 am

MEP International Conference 2024 and BEDIC 2024 to Lead the Future of Saudi Arabia’s Built Environment

Saudi Arabia is set to host two groundbreaking events, the MEP International Conference 2024 and the inaugural Building Envelope Design and Insulation Conference (BEDIC) 2024, on September 16-17, 2024, at the Jeddah Hilton in the Kingdom of Saudi Arabia. These co-located events, ...

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Business & Money | Thursday 5 September, 2024 9:04 am

Pfizer Appoints Elif Aral as Regional President for the Middle East, Russia & Africa

 Pfizer announces the appointment of Elif Aral as Regional President for Middle East, Russia, and Africa (MERA) effective September 2024 to spearhead operations in the region and bring scientific breakthroughs in vaccines, oncology, rare diseases, internal medicine, hospitals, and inflammation ...

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Tourism & Hospitality | Thursday 5 September, 2024 8:45 am

2024 Hotel & Hospitality Expo coincides with Saudi Arabia's booming hospitality sector, revenue to reach over $33 billion by 2028

Saudi Arabia is experiencing a tourism boom with the country expected to attract over 40 million visitors by 2030. Winning the Riyadh Expo 2030 bid has accelerated the growth and development of projects across the country. In fact, according to the latest CBRE Middle East Real Estate Market Review, ...

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Business & Money | Wednesday 4 September, 2024 10:24 am

Saudi Central Bank to enable Samsung Pay service in Q4 2024

The Saudi Central Bank (SAMA) signed an agreement with Samsung to enable the “Samsung Pay” service across the Kingdom during the fourth quarter of 2024. The agreement was signed on the sidelines of the 24 Fintech 2024 Conference held in Riyadh. SAMA explained that this step affirms...

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Business & Money | Wednesday 4 September, 2024 10:16 am

AD Ports Group launches new rail logistics offering

Noatum Logistics, an AD Ports Group company and a leading logistics provider, has announced the launch of its new rail logistics solution for the Middle East region. The new service, which complements Noatum Logistics’ integrated regional portfolio of freight forwarding products leveraging...

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Business & Money | Wednesday 4 September, 2024 10:13 am

DMCC, Bybit launch $100,000 Web3 hackathon

The Dubai Multi Commodities Centre (DMCC) and the global crypto exchange Bybit have launched their second joint hackathon with US$100,000 on offer for the most innovative Web3 businesses. This latest hackathon follows the success of their first edition in November 2023, which focused on innovations ...

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Business & Money | Wednesday 4 September, 2024 10:11 am

ADNEC Group partners with Resorts World Cruises to boost Arabian Gulf cruise tourism

ADNEC Group, through its subsidiary Tourism 365, announced a partnership with Resorts World Cruises, an international premier cruise line that is homegrown in Asia. This partnership solidifies Tourism 365’s position as a leading provider of ground handling services in the Arabian Gulf,...

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