Tourism & Hospitality | Thursday 30 May, 2024 12:53 pm

GEAR UP FOR THE RIDE OF YOUR LIFE AS SIYAM WORLD UNVEILS THE FIRST GO-KART TRACK IN THE MALDIVES

 Get ready to rev your engines and satisfy your need for speed at Siyam World Maldives with the grand opening of the 205m² Speed Racers Circuit - the first-ever go-kart track in the Maldives, adding an electrifying twist and high-octane experience to the ultimate island getaway. Siyam...

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Technology & IT | Thursday 30 May, 2024 11:26 am

Experience The Revolutionary Power of Portrait Photography & AI With the HONOR 200 Lite

Global technology brand HONOR announced that the all-new HONOR 200 Lite is now available for purchase. Following an exciting pre-order phase that was met with substantial consumer interest, the HONOR 200 Lite delivers a smartphone experience like no other, thanks to the revolutionary 108MP &...

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Business & Money | Thursday 30 May, 2024 9:36 am

Saudi Arabia to launch Aramco’s secondary offering on June 2: Report

Saudi Arabia is set to formally launch a secondary offering of Saudi Aramco on June 2, Bloomberg reported, citing unnamed sources with knowledge of the matter. The government plans to run a book-building process to gather investor orders until June 6. The stock sale has already...

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Business & Money | Thursday 30 May, 2024 9:32 am

Mayar plans SAR 500M convertible sukuk issuance

Mayar Holding Co.’s board of directors recommended on May 29 issuing SAR 500 million worth of sukuk for 24 months. The company aims to finance working capital and capital expansions, Mayar said in a statement to Tadawul. The issuance will be in several tranches, to be determined later...

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Business & Money | Thursday 30 May, 2024 9:27 am

RAKEZ drives innovation and growth at the ‘Make it in the Emirates’ Forum

Ras Al Khaimah Economic Zone (RAKEZ) contributed to the third edition of the Ministry of Industry and Advanced Technology’s (MoIAT) ‘Make it in the Emirates’ Forum, serving as a sponsor, exhibitor and key panel participant. The event, which took place recently at the Abu Dhabi Energy Centre,...

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Tourism & Hospitality | Thursday 30 May, 2024 9:24 am

Diriyah Company Launches Hospitality Training Program for the Bab Samhan Hotel

Diriyah Company has announced a major strategic partnership with Marriott International targeting the upskilling of local talent. This collaboration will deliver a specialized training program to prepare young Saudi candidates for employment at the soon-to-be-opened Bab Samhan hotel, a Luxury...

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Business & Money | Thursday 30 May, 2024 9:13 am

Abu Dhabi Securities Exchange Welcomes the Listing of Lunate Capital LLC’s Chimera S&P Japan UCITS ETF “JPANI”

Abu Dhabi Securities Exchange (ADX), one of the fastest growing exchanges in the world, welcomed today the listing of the Chimera S&P Japan UCITS ETF. This marks the first ETF tracking Japanese equities to be launched on ADX. Managed by Abu Dhabi-based investment management firm Lunate Capital...

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Business & Money | Thursday 30 May, 2024 7:24 am

Nearly half of employees in the MENA region are considering entrepreneurship

The Entrepreneurship in the Middle East and North Africa 2024 survey, conducted by Bayt.com, the Middle East's leading job site, and market research agency YouGov, revealed that there's a notable inclination towards entrepreneurship in the region. Out of the 1090 people surveyed, 517 are currently...

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Government | Wednesday 29 May, 2024 1:01 pm

Ministry of Energy and Infrastructure, Technology Innovation Institute to build 3D maps of UAE’s mineral, renewable resources

The Ministry of Energy and Infrastructure (MoEI) signed a pivotal collaborative agreement with the Technology Innovation Institute, to build 3D maps of the nation’s natural resources, a crucial step towards supporting sustainable development and the discovery of mineral resources and renewables...

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Government | Wednesday 29 May, 2024 12:34 pm

UAE ranks 5th in road quality, 9th in port services, 10th in public transport

The UAE ranked fifth globally and first among Arab countries in road quality, ninth globally and first among Arab countries in the efficiency of port services, and 10th globally and second among Arab countries in the efficiency of public transport services, according to the Travel and Tourism...

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