Culture & Education | Tuesday 30 April, 2024 9:19 am

Professor Asutay Receives Award of IsDB Prize for Impactful Achievement in Islamic Economics

The first-place winner of the 2024 Islamic Development Bank (IsDB) Prize for Impactful Achievement in Islamic Economics, Professor Mehmet Asutay, received the award during a ceremony in Riyadh, Kingdom of Saudi Arabia. The award was presented by the IsDB Vice President (Operations), Dr. Mansur ...

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Government | Tuesday 30 April, 2024 8:50 am

Saudi Arabia continues to create investment opportunities in emerging sectors

Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, and Minister of Defense, affirmed that Saudi Arabia has early recognized the importance of international cooperation, growth, and energy. It has worked on enhancing partnership and integration, stressing the Kingdom's...

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Healthcare | Tuesday 30 April, 2024 8:23 am

KING FAHD ARMED FORCES HOSPITAL BEGINS TRIAL OF NEW BIOADAPTIVE ANGIOPLASTY PROCEDURE FOR HEART DISEASE TREATMENT

King Fahd Armed Forces Hospital is first in the Kingdom of Saudi Arabia to begin clinical research and now offer a new type of angioplasty procedure with the DynamX bioadaptor implant, an innovation beyond stents designed to restore vessel function. The bioadaptor is a transforming implant that,...

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Government | Tuesday 30 April, 2024 8:07 am

UAE Corporate Tax to Bolster Future Economic Sustainability

The United Arab Emirates has initiated a transformative fiscal policy with the introduction of a federal corporate tax, aiming to cement its economic future’s resilience and prosperity. This strategic policy shift, outlined in Federal Decree-Law No. (47) of 2022, aligns with international tax...

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Business & Money | Tuesday 30 April, 2024 8:00 am

ITFC Signs Multiple Agreements with Member Countries and Strategic Partners

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, commenced the first day of the 49th IsDB Group Annual Meeting with a series of strategic meetings and important signings. Held at the Intercontinental Hotel, Riyadh, the first day of...

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Business & Money | Tuesday 30 April, 2024 7:23 am

ICIEC, JSCB Agrobank, and Standard Chartered Collaborate to Strengthen Uzbek Economy with €150 Million Islamic Financing Initiative

In a landmark move to support the burgeoning Uzbek economy, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah- based multilateral insurer and member of the Islamic Development Bank (IsDB) Group, has entered into a significant cooperation...

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Business & Money | Tuesday 30 April, 2024 1:39 am

Emirates Islamic becomes first Islamic bank in the region to introduce Fractional Sukuk for investors

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched Fractional Sukuk, an innovative new product catering to investors. The exclusive offering grants customers access to international Sukuk markets with a minimum investment as low as USD 25,000. The...

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Tourism & Hospitality | Monday 29 April, 2024 6:56 pm

SUN SIYAM IRU VELI UNVEILS TWO REMARKABLE NEW GUEST EXPERIENCES: THE FLOATING DELIGHTS AND THE PRIVATE LAGOON BREAKFAST

Expanding its collection of remarkable island memories, Sun Siyam Iru Veli proudly presents two exceptional signature guest experiences: the Floating Delights and the Private Lagoon Breakfast, promising moments of unparalleled indulgence and exclusivity.The Floating Delight Experience: A Culinary...

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Culture & Education | Monday 29 April, 2024 1:04 pm

ROSHN to Support Saudi Arabia’s First Opera “Zarqa Al-Yamama” as Presenting Partner

As part of its commitment to supporting the Kingdom’s art sector and Saudi creativity, ROSHN Group, the PIF-owned giga-project and Saudi Arabia’s most trusted real estate developer, has partnered with the national Theatre and Performing Arts and Commission to sponsor the first Saudi opera,...

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Business & Money | Monday 29 April, 2024 11:06 am

Azizi Developments and Kettle Collective partner for Azizi Venice

Azizi Developments, a leading private developer in the UAE, has announced its partnership with UK-based design studio Kettle Collective for the concept design of twelve buildings in its approximately AED 30 billion mixed-use development, Azizi Venice, located in Dubai South. Founded in...

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