18 Ramadan 1445 - 28 March 2024
    
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Eye of Riyadh

KAFD to launch electric monorail by 2026
Business & Money | Wednesday 20 March, 2024 10:08 am
Gautam Sashittal, CEO of King Abdullah Financial District (KAFD), said the six-station monorail will be operational by 2026, Al Eqtisadiah newspaper reported. He explained that the KAFD’s mobility strategy is based on the 10-minute city concept, where everything ...
Oman issues Government Treasury Bills worth RO 70 million this week
Business & Money | Tuesday 19 March, 2024 2:57 pm
The Central Bank of Oman (CBO) has announced that the total issuance of Government Treasury Bills amounted to RO 70 million this week. According to the Oman News Agency (ONA), the value of the allotted Treasury Bills amounted to RO 5 million for a maturity period of 28 days. The average...
UAE investments abroad hit $2.5 trillion in beginning of 2024: Secretary-General UAEIIC
Business & Money | Tuesday 19 March, 2024 2:54 pm
The United Arab Emirates has solidified its position as a leading regional and global player in foreign direct investment, according to Jamal Bin Saif Al Jarwan, Secretary-General of the UAE International Investors Council (UAEIIC). He estimates the total value of Emirati investments abroad,...
Department of Energy - Abu Dhabi report highlights performance of power distribution to industrial sector in emirate
Environment & Energy | Tuesday 19 March, 2024 2:53 pm
The Department of Energy – Abu Dhabi’s 2023 report has highlighted the outstanding performance of the emirate’s power grid, according to SAIFI and SAIDI reliability indices, with specific reference to the supply of electricity to industrial zones and companies operating within them.In this...
Islamic banking assets in UAE surpass AED700 bn for first time ever at year-end 2023
Business & Money | Tuesday 19 March, 2024 2:52 pm
The assets of Islamic banks operating in the UAE exceeded AED700 billion for the first time in history at the end of 2023, according to the latest statistics from the Central Bank of the UAE (CBUAE). The statistics showed that the assets of Islamic banks reached AED703.1 billion at the end of...
Alvarez & Marsal says Saudi banks' prospects 'positive' in light of Vision 2030
Business & Money | Tuesday 19 March, 2024 1:40 pm
Asad Ahmed, General Manager and Head of Financial Services in the Middle East at Alvarez & Marsal, said that the banking sector in Saudi Arabia will likely contribute mainly to achieving the goals of Vision 2030, indicating that Saudi banks enjoy positive prospects.   Ahmed also...
The Ultimate Maintenance Manager Services in Saudi Arabia
Business & Money | Tuesday 19 March, 2024 12:58 pm
In the hustle and bustle of daily life, homes and workplaces are not immune to the challenges posed by pests, plumbing, and malfunctioning air conditioners and other appliances. Ahead of an important event or in between a busy day, one may encounter a leaking tap or a broken air...
Deloitte symposium explores role of Public-Private Partnerships and Technology in addressing financial crime
| Tuesday 19 March, 2024 12:46 pm
The leading global professional services firm, Deloitte, hosted the seventh annual Financial Crime Symposium in Dubai, gathering professionals from various sectors of the global financial services industry, including law enforcement, regulatory bodies, financial institutions and experts in the...
12th Sikka Art & Design Festival closes Dubai Art Season with record-breaking attendance
Culture & Education | Tuesday 19 March, 2024 12:40 pm
The 12th Sikka Art & Design Festival, held under the patronage of Her Highness Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture) and Member of the Dubai Council, marked a significant milestone with record-breaking attendance,...
Abu Dhabi Securities Exchange (ADX) partners with Eureeca to expand access to its IPOs for International Investors
Business & Money | Tuesday 19 March, 2024 11:52 am
Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchanges in the world, is collaborating with Eureeca, a global investment platform matching individual and institutional investors with growth and pre-IPO companies. This collaboration aims to bolster accessibility to ADX IPOs in a...
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