Business & Money | Friday 22 September, 2023 1:39 am

Tam Development, SAB sign SAR 25 mln facility agreement

Tam Development Co. announced, on Sept. 20, the signing of a SAR 25 million Shariah-compliant facility agreement with Saudi Awwal Bank (SAB).  The facility has a 12-month duration, with a promissory note worth the amount of...

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Business & Money | Friday 22 September, 2023 1:36 am

RCRC publishes tender for design, implementation of Wadi Laban Bridge

The Royal Commission for Riyadh City (RCRC) announced the launch of a tender for the design and implementation of Wadi Laban Cable-Stayed Bridge. According to the commission’s data, the tender aims to design and implement the development of the Wadi Laban Cable-Stayed Bridge and increase its ...

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Business & Money | Friday 22 September, 2023 1:21 am

Azizi Developments partners with Finnish brand ‘Lappset’ for Riviera

Azizi Developments, a leading private developer in the UAE, has partnered with renowned Finnish brand Lappset for the supply of premium kids’ play equipment, including play planetariums, slides, swings and more, for the second and third phases of Azizi’s mega-project Riviera, located in the...

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Business & Money | Thursday 21 September, 2023 3:34 pm

The opportunities of the blue economy will be the focus of Tomorrow. Blue Economy

The event will be held as part of the Smart City Expo World Congress Promoting and developing the potential of the blue economy and encouraging the preservation of marine and ocean resources as an engine for economic growth. This is the aim of the Tomorrow.Blue Economy congress, which will...

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Business & Money | Thursday 21 September, 2023 10:44 am

CBUAE maintains Base Rate at 5.40%

he Central Bank of the UAE (CBUAE) has decided to maintain the Base Rate applicable to the Overnight Deposit Facility (ODF) without change at 5.40%, effective from Thursday, 21 September 2023.This decision was taken following the US Federal Reserve Board’s announcement on 20 September 2023 to...

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Business & Money | Thursday 21 September, 2023 10:34 am

Sadr board approves construction of SAR 149 mln logistics park

Sadr Logistics Services Co. announced that its board of directors approved the construction of the Logistics Services Complex Project (Sadr Park) on the company's land in the Industrial Gate City in Riyadh at the cost of SAR 149 million.    ...

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Business & Money | Thursday 21 September, 2023 9:36 am

Mars marks a decade of industrial sustainability in Saudi Arabia

U.S-headquartered food manufacturer Mars. Incorporated recently marked ten years of operations in the Kingdom of Saudi Arabia.  To commemorate the event, Mars hosted a special event attended by government officials from the Saudi Food & Drug Authority (SFDA); U.S. Consulate General...

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Business & Money | Thursday 21 September, 2023 3:15 am

Fed holds interest rates for second time since March 2022

The Federal Reserve left today, Sept. 20, interest rates unchanged at their highest level since 2001, as widely expected.   In its two-day meeting, the the Federal Open Market Committee (FOMC) maintained policy rates at the current range of...

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Business & Money | Thursday 21 September, 2023 12:57 am

Surge in international demand spurs GITEX GLOBAL, Expand North Star to take over the city of Dubai at two mega venues

: The surge in international demand has rallied the world’s largest tech and start-up event to scale even higher and bigger in 2023, spearheading a global tech takeover across two Dubai mega venues next month.  The 43rd edition of GITEX GLOBAL will take place from 16-20 October 2023,...

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Business & Money | Wednesday 20 September, 2023 11:38 pm

5 Money Management Tricks That Can Help You Save More With Less

Effective financial management is crucial in the UAE, which boasts high living standards and luxurious shopping experiences in cities like Dubai and Abu Dhabi. Fortunately, some money management tricks can help you save more with less effort. So, let’s explore the world of smart tools and...

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