18 Ramadan 1445 - 28 March 2024
    
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Eye of Riyadh

Air Arabia shareholders approve 20% dividend distribution for FY2023
Business & Money | Saturday 16 March, 2024 6:26 am
Air Arabia PJSC shareholders approved the distribution of a 20 percent cash dividend for the financial year ended 31st December, 2023 (FY2023), at the company’s Annual General Meeting (AGM). The dividend, which is equivalent to 20 fils per share, underscores another year of record financial...
MoF launches digital public consultation on implementation of Global Minimum Tax in UAE
Government | Friday 15 March, 2024 8:35 pm
The UAE Ministry of Finance (MoF) today announced the launch of a digital public consultation to gather the views of relevant stakeholders on the implementation of the Global Minimum Tax (GMT) or Global Anti-Base Erosion Model Rules (Pillar Two) (GloBE Rules) as well as other tax matters in the...
Ministry of Industry issues 152 licenses worth SAR 6.2B in January
Business & Money | Friday 15 March, 2024 8:29 pm
The Ministry of Industry and Mineral Resources issued 152 new industrial licenses in January, at a total investment value of SAR 6.2 billion, according to a statement.  The new licenses covered five industrial activities, with 27 licenses issued in the food production sector, 20 in the...
Careem and ekar partner to offer flexible car sharing in Saudi Arabia
Business & Money | Friday 15 March, 2024 12:44 am
Careem, the region’s leading multi-service app, launches Careem CarSharing in Riyadh in partnership with ekar, the Middle East’s largest car sharing service provider.  Through Careem CarSharing customers can pick up and return vehicles from multiple locations within Riyadh for as...
Diriyah Company Unveils Cutting-Edge Concept Design for 'The Arena in Diriyah' at MIPIM
Business & Money | Friday 15 March, 2024 12:37 am
Diriyah Company has today unveiled the unique and innovative concept design for The Arena in Diriyah, located on the outskirts of Saudi Arabia’s capital city Riyadh, that has been crafted by London-based HKS Architects to create a technologically advanced, globally significant arena that embodies ...
Big 5 Construct Saudi 2024 breaks record attracting 64,331 attendees
Business & Money | Thursday 14 March, 2024 3:09 pm
The 12th edition of Big 5 Construct Saudi, the largest construction event in the Kingdom concluded in Riyadh, having welcomed 64,331 attendees across four days from 26 to 29 February 2024 at the Riyadh Front Exhibition & Conference Centre at ROSHN Front. The event was held under the patronage...
Frivole - Van Cleef & Arpels
Beauty & Style | Thursday 14 March, 2024 1:06 pm
Every year, as nature blooms anew, Van Cleef & Arpels pays it a poetic tribute. In 2024, five radiant pieces will be joining the Frivole jewelry collection, including a white gold 7-flower bracelet, a Between the Finger ring in rose gold, and an 8-flower ring that presents a dialogue between...
Saudi Arabia’s digitally native airline reaches several key milestones and announced significant partnership agreements
Tourism & Hospitality | Thursday 14 March, 2024 11:35 am
Riyadh Air, Saudi Arabia’s new world-class airline, is celebrating an extraordinary first anniversary, following its historic inception on the 12th of March 2023.  During its first year in operation Riyadh Air, which is set to fly to 100 countries by 2030, dominated industry...
Schneider Electric and DataVolt Announce Collaboration to Drive Sustainability and Innovation in Saudi Arabia's
Technology & IT | Thursday 14 March, 2024 11:22 am
In a strategic move aimed at accelerating sustainability and innovation in Saudi Arabia's data center sector, Schneider Electric, a global leader in energy management and automation, announced a collaboration with DataVolt, a leading provider of data center solutions in the Kingdom. This agreement...
Moro Hub Presents Green Certificate to Dubai Electronic Security Center (DESC)
Business & Money | Thursday 14 March, 2024 11:20 am
Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), presented a Green Certificate to Dubai Electronic Security Center (DESC). This significant milestone underscores Moro Hub's commitment to sustainability and innovation and recognises DESC's...
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