Business & Money | Saturday 13 April, 2024 8:20 am

DIRIYAH COMPANY TO INTRODUCE VISIONARY RETAIL HUB - DIRIYAH SQUARE - AT WORLD RETAIL CONGRESS IN PARIS

Diriyah Company will introduce its new visionary and lifestyle destination – Diriyah Square – to global industry leaders participating at the World Retail Congress in Paris from 16-18 April. Located on the outskirts of the Saudi capital, Riyadh, the new retail hub will host over 400 new retail...

More Details

Government | Saturday 13 April, 2024 8:16 am

EU Council approves law targeting organised crime through asset recovery and confiscation

The Council of the European Union (EU) today adopted a law which sets out EU-wide minimum rules on the tracing, identification, freezing, confiscation and management of criminal property in connection with a wide range of crimes. The directive will better equip member states in their fight...

More Details

Business & Money | Saturday 13 April, 2024 8:14 am

Action-packed night guaranteed in Abu Dhabi as UFC® 308 confirmed for October 26

UFC, the world’s premier mixed martial arts organisation, and the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), today announced UFC’s much anticipated next championship event in Abu Dhabi on Saturday, 26 October at the Etihad Arena. For UFC® 308, fan favourite Abu Dhabi ...

More Details

Business & Money | Saturday 13 April, 2024 8:12 am

World's leading financial institutions raise China's 2024 growth forecasts

A number of leading global financial institutions and banks have revised their 2024 growth forecasts for China upward after improved data and effective policy delivery has raised expectations of a brighter outlook for the world's second-largest economy. According to China Central Television,...

More Details

Business & Money | Saturday 13 April, 2024 8:08 am

WETEX 2024 to commence in Dubai in October

Dubai Electricity and Water Authority (DEWA) is organising the 26th Water, Energy, Technology and Environment Exhibition (WETEX) from 1st to 3rd October 2024 at the Dubai World Trade Centre. Saeed Mohammed Al Tayer, MD and CEO of DEWA, Founder and Chairman of WETEX, said that as one of the...

More Details

Business & Money | Saturday 13 April, 2024 8:07 am

Electronic security supports e-commerce growth in KSA: American Express

The regulation of e-commerce and the strong electronic security pushed the e-commerce growth rate higher in Saudi Arabia, Al Eqtisadiah newspaper reported, citing Fahad Al Guthami, CEO of American Express Saudi Arabia.   He added that the company recorded a 62% rise in local...

More Details

Business & Money | Saturday 13 April, 2024 8:05 am

ADF restructures 1,183 NPLs worth SAR 604M in 2023

The Agricultural Development Fund (ADF) restructured 1,183 non-performing loans (NPLs) worth SAR 604 million for investors and farmers in 2023.   According to its annual report, the fund stated that it collected loans worth SAR 3.44 billion during the fiscal year 2023. The total...

More Details

Business & Money | Saturday 13 April, 2024 8:03 am

38,900 e-commerce registers issued in Q1 2024

The total number of e-commerce registers increased by 17% to 38,850 in Q1 2024, from 33.070 in the year-earlier period, the Ministry of Commerce said in its quarterly business sector bulletin. The total number of commercial registers reached 104,000 in the first quarter of the...

More Details

Business & Money | Friday 12 April, 2024 2:06 pm

Tor Holding And ELIE SAAB Announce Partnership For Dual Real Estate Debut in Turkey.

Istanbul - ELIE SAAB, one of the World’s leading names in Haute Couture and esteemed luxury lifestyle brand and TOR HOLDING, a Turkish real estate developer known for its innovative projects and global collaborations, announce their partnership for the launch of two real estate projects in...

More Details

Business & Money | Friday 12 April, 2024 7:05 am

Sanad solidifies its partnership with Asiana Airlines at AED532 million

Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Abu Dhabi’s sovereign investor Mubadala Investment Company PJSC (Mubadala), solidified its partnership with Asiana Airlines, the second largest airline in South Korea, through a five-year contract extension...

More Details