Government | Monday 29 April, 2024 10:07 am

Bin Touq, Estonian counterpart explore potential avenues for expanding cooperation

Abdullah bin Touq Al Marri, Minister of Economy, held a bilateral meeting with Tiit Riisalo, Minister of Economic Affairs and Information Technology in the Republic of Estonia. The meeting explored the possibilities for expanding cooperation in key sectors between the two countries, including the...

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Business & Money | Monday 29 April, 2024 10:04 am

AIM Congress 2024: 450+ Dialogue sessions to be hosted with 330+ global partners

The AIM Investment Summit 2024 announced the organisation of over 450 dialogue sessions, featuring 900 speakers and experts from around the globe, in collaboration with 330+ local, international, and global partners. Twenty-four of these partners serve as supporting sponsors of the main conference, ...

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Business & Money | Monday 29 April, 2024 9:59 am

Response Plus Holding to distribute AED20 million in dividends to shareholders

The Board of Directors of Response Plus Holding PJSC (ADX: RPM), has announced the distribution of AED20 million in dividends to shareholders for the fiscal year ending on December 31, 2023. The announcement was ratified during the Annual General Assembly held on April 26 at the RPM...

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Tourism & Hospitality | Monday 29 April, 2024 9:57 am

Sharjah Chamber of Commerce and Industry explores opportunities for investment, economic partnerships with Hong Kong

Sharjah Chamber of Commerce and Industry (SCCI) has engaged in high-level discussions with an economic delegation from Hong Kong General Chamber of Commerce (HKGCC) to explore potential avenues of investment cooperation between the two sides.The discussions delved into the viable opportunities...

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Environment & Energy | Monday 29 April, 2024 9:53 am

Fujairah Government participates in World Energy Congress' roundtable in Rotterdam

A delegation from the Fujairah Government participated in a Ministerial, CEO and Mayors' Roundtable, as part of the World Energy Leaders' Dialogue series, which was held on the sidelines of 26th World Energy Congress in Rotterdam, the Netherlands, from 22 to 25 April. The roundtable was...

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Business & Money | Monday 29 April, 2024 9:44 am

NEOM seals SAR 10B credit facility deal

NEOM announced it obtained fresh credit facilities worth SAR 10 billion ($2.67 billion), Reuters reported. The credit facility, which is based on the Murabaha structure, aims to support the stages of work progress in the main projects namely The Line, Oxagon, Trojena and Sindalah, Saudi Press...

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Business & Money | Monday 29 April, 2024 9:41 am

MESC secures SAR 100M credit facility from Al Rajhi Bank

Middle East Specialized Cables Co. (MESC) secured a Shariah-compliant credit facility worth SAR 100 million with Al Rajhi Bank on April 28, according to a statement to Tadawul. The facility, which runs for one calendar year, will go for financing the company's working capital, it...

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Business & Money | Monday 29 April, 2024 9:40 am

NHC inks SAR 1B pact with Spain’s Urbas to build 589 units in Al-Fursan suburb

National Housing Co. (NHC) signed an agreement with Urbas Middle East Real Estate Company, a subsidiary of the Spanish company Urbas, to build 589 housing units in the Al-Fursan suburb, with a value of approximately SAR 1 billion.   The agreement, which was signed in the...

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Tourism & Hospitality | Sunday 28 April, 2024 2:03 pm

NEOM, Marriott International launch Ritz-Carlton Reserve in Trojena

Marriott International signed an agreement with NEOM to open its second Ritz-Carlton Reserve in Saudi Arabia. Anticipated to open in Trojena, a year-round mountain destination located in the northwest region of the country, the property will offer a complete escape into a private world of...

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Government | Sunday 28 April, 2024 1:59 pm

REGA issues 33 off-plan sales licenses in Q1 2024 for 13,907 units

The Real Estate General Authority (REGA) issued 33 off-plan sales licenses in Q1 2024 to provide 13,907 new units available in the market. REGA’s Official Spokesperson, Tayseer Al-Mufarrej, said that there are 153 qualified developers engaged in real estate development activities across ...

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