Business & Money | Thursday 4 April, 2024 11:44 am

Moody's upgrades ADIB’s Baseline Credit Assessment

Abu Dhabi Islamic Bank (ADIB) received an upgrade to its Baseline Credit Assessment (BCA) from Moody's as the ratings agency affirmed ADIB’s credit ratings, indicating continued stability and improvement in the bank's financial health. The upgrade in ADIB's BCA is attributed to the bank's...

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Business & Money | Thursday 4 April, 2024 11:21 am

STC Bank launches in Beta supported by SAMA

Today stc pay was given formal approval from the Saudi Central Bank (SAMA) to move to the next phase of its transformation journey into STC Bank. This beta launch is limited to preselected customers and is a preparation for a full public launch later in the year. This step is supported by SAMA,...

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Business & Money | Thursday 4 April, 2024 11:20 am

DUBAI SOUTH AWARDS AED 1.5 BILLION CONTRACT TO AL KHARAFI CONSTRUCTION FOR SOUTH BAY NEW PHASES

Following increased demand from investors and buyers to own a unit at South Bay, Dubai South Properties’ unique development, and the sell-out of the limited inventory that was released before, the developer has expedited the launch of the project’s phases, launching phase four. The company also ...

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Business & Money | Thursday 4 April, 2024 11:18 am

Salik advises customers to stay vigilant of scam emails and social media posts, and clone websites

Salik Company P.J.S.C., the exclusive toll gate operator of the Emirate of Dubai, has advised customers to remain vigilant against clone websites, fraudulent emails, and social media scams that falsely carry Salik’s name and label, urging them to rely exclusively on official websites and...

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Business & Money | Thursday 4 April, 2024 11:13 am

RIYADH AIR’S FIRST INTAKE OF SAUDI FEMALE TRAINEE AIRCRAFT ENGINEERS COMMENCE THEIR DIPLOMA COURSE

Riyadh Air, the new national airline of the Kingdom of Saudi Arabia, has taken another significant step on its road to its first flight in 2025 with the first intake of 27 pioneering females who commenced their 30-month diploma course on their path to become certified aircraft engineering...

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Business & Money | Thursday 4 April, 2024 11:07 am

Saudia Named One of the World’s Fastest Growing Airline Brands

Saudia, the national flag carrier of Saudi Arabia, announced that its brand value has grown by 58% since 2021 according to the Brand Finance® Top 50 Airlines annual report. Over the past four years, the airline has climbed six places to secure the 33rd position within the brand value ranking...

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Business & Money | Thursday 4 April, 2024 10:54 am

Beatrice Lion, 28 years old after 7 years in the company, Announced as CEO of True Global Ventures

Singapore – True Global Ventures is proud to announce the appointment of Beatrice Lion as the new Chief Executive Officer of its Fund manager in Singapore. This milestone is a testament to Beatrice's remarkable journey which started when she was 21 years old. Her dedication to the firm as a...

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Business & Money | Thursday 4 April, 2024 10:47 am

DIRIYAH ANNOUNCES LANDMARK PARTNERSHIP: BUJAIRI TERRACE WILL BE HOME TO DOLCE&GABBANA’S NEWEST FASHION, FOOD AND BEVERAGE STORE

Diriyah Company proudly announces an iconic collaboration with the legendary Italian fashion house Dolce&Gabbana, in conjunction with Saudi Arabia's Almalki Group. This strategic alliance will see the inauguration of one of the first luxury retail outlets to open in Bujairi Terrace later this...

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Business & Money | Thursday 4 April, 2024 12:46 am

CENOMI RETAIL ON TRACK TO DELIVER TURNAROUND STRATEGY WITH NEW PIPELINE OF BRAND SALES AND IMPROVED OPERATIONAL EFFICIENCIES

Cenomi Retail, Saudi Arabia’s pioneering retail brand partner, today announced an additional significant phase of brand divestments as part of its ongoing turnaround strategy.  These brands are in addition to the already announced 21 brands and the expectation is that the sale of these...

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Business & Money | Wednesday 3 April, 2024 1:28 pm

DUBAI SOUTH AND ALDAR BREAK GROUND ON FIRST LOGISTICS FACILITY

Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, and Aldar, the leading real estate developer, investor, and manager in the UAE, broke ground on the first logistics facility to be built as part of an agreement signed recently to develop Grade ...

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