Business & Money | Monday 7 August, 2023 12:16 pm

Jahez International Company partners with MBC Media Solutions to sponsor the broadcasting of the Roshn Saudi league 2023 – 2024 on SSC

MBC Media Solutions (MMS), the exclusive advertising representative of the Saudi Sports Company (SSC), announce partnership with Jahez International Company for Information Systems Technology (Jahez) to sponsor the TV broadcasting rights of the 2023-2024 sports season of the Roshn Saudi...

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Business & Money | Monday 7 August, 2023 12:14 pm

King Abdullah Port Announce Strategic Partnerships Boosting Maritime Offerings

King Abdullah Port, recognized as the most efficient port worldwide according to the World Bank's 2022 Report, is proud to announce a strategic partnership with two premier providers of marine fuel supply and services: Western Fuel Supply for Petroleum Products Company Limited and Minerva...

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Business & Money | Monday 7 August, 2023 11:12 am

Dubai surpasses pre-pandemic international visitation levels in H1 2023 with 20% YoY growth

Dubai’s resurgent tourism industry is celebrating a successful first half of 2023 (H1 2023), after welcoming a record 8.55 million international overnight visitors, compared to 8.36 million tourists in H1 2019.Surpassing pre-pandemic visitation levels and further bolstering the city’s bid to...

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Environment & Energy | Monday 7 August, 2023 11:09 am

Aramco’s strong financials reflect resilience, ability to adapt to market cycles: CEO

Saudi Arabian Oil Co.’s (Saudi Aramco) strong results in Q2 2023 reflect its resilience and ability to adapt through market cycles, said President and CEO Amin H. Nasser.    Commenting on the financial results, Nasser added that Aramco continues to...

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Business & Money | Monday 7 August, 2023 9:46 am

Barratt London partners with Dubai-based Hardington Residential

UAE-headquartered Hardington Residential has signed an exclusive contract with Barratt London, part of the UK’s largest housebuilder Barratt Group, to market the company’s latest London developments to MENA investors, as differing demands from countries in the region are seeing an uptick in...

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Environment & Energy | Monday 7 August, 2023 9:44 am

ADNOC Distribution delivers strong operating performance and growth in underlying profitability in H1 2023 to AED1.57 billion

ADNOC Distribution today announced its first half 2023 results, reporting a 9% year-on-year increase in underlying EBITDA to AED1.57 billion, and a 2% year-on-year increase in net profit excluding inventory movements to AED1.03 billion, driven by higher fuel volumes and company-wide efficiency...

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Environment & Energy | Monday 7 August, 2023 9:28 am

Electricity accounts in Dubai reach 1,144,741 accounts by end of H1, 2023, 5.5% increase in one year

Dubai Electricity and Water Authority (DEWA) has revealed that the number of electricity accounts reached 1,144,741 accounts by the end of the first half of 2023, compared to 1,084,596 accounts by the end of the first half of 2022, an increase of around 5.5 percent.This is part of DEWA’s efforts...

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Government | Monday 7 August, 2023 9:23 am

'Security and Safety at petrol stations' campaign draws positive response

The "Security and Safety at petrol stations" campaign registered a positive and encouraging response during the first of its launches as people showed interest in the awareness efforts by the Joint Security and Safety Committee.The Committee, comprising the Ministries of Energy and Infrastructure,...

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Government | Monday 7 August, 2023 9:08 am

Saudi Arabia grants electronic visitor visa to nationals of 8 more countries

The Saudi Ministry of Tourism said nationals from Azerbaijan, Albania, Uzbekistan, South Africa, Georgia, Tajikistan, Kyrgyzstan and Maldives can now apply for a visitor visa online, bringing the total number of countries benefiting from this system o 57.    Nationals from the...

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Business & Money | Monday 7 August, 2023 8:59 am

Saudi, Turkish firms sign agreements to localize drone industry

Several Saudi companies specialized in military and defense industries signed an agreement and two memorandums of understanding (MoUs) with Turkish defense companies to localize the drone industry and its component systems within the Kingdom. The agreement and MoUs complemented the two...

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