Business & Money | Thursday 13 June, 2024 9:19 am

Arada returns to global debt markets with successful closure of 3.5 times oversubscribed $400 million Sukuk

 Arada Developments LLC (“Arada”), rated B1 by Moody’s and B+ by Fitch, has successfully completed the issuance of its second public financing deal, a $400 million Sukuk, which has been listed on the London Stock Exchange and the Nasdaq Dubai. This is the first issuance under Arada’s...

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Business & Money | Thursday 13 June, 2024 9:01 am

Bajaj Allianz Life focuses on enhancing UAE’s customers experience

Bajaj Allianz Life, one of the leaders in private life insurance, commemorates its first anniversary of its representative office in Dubai, UAE. With a customer-first approach and a goal to deliver best-in-class services to Dubai’s Non-Resident Indian (NRI) population, Bajaj Allianz Life...

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Business & Money | Thursday 13 June, 2024 9:00 am

du to launch Hyperscale Cloud and Sovereign AI Services for the UAE Government with Oracle Alloy

du, from Emirates Integrated Telecommunications Company (EITC), today announced it will deploy Oracle Alloy to offer hyperscale cloud and sovereign AI services for the government and public sector entities in the UAE focusing on Dubai and the Northern Emirates. The signing ceremony took place...

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Business & Money | Thursday 13 June, 2024 8:57 am

MIE Events DMCC Announces Continued Collaboration with CIDEX and DIEC in Saudi Arabia

MIE Events DMCC Dubai, UAE -, a leading event management company, is excited to announce its second consecutive collaboration with the Construction & Interior Design Expo (CIDEX), following the tremendous success of its partnership with CTW SAUDI ARABIA in 2023. With Saudi Arabia's...

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Business & Money | Wednesday 12 June, 2024 12:59 pm

Reload Logistics Unveils New Brand Identity and Major Expansions

Dubai – Reload Logistics, a leading provider of end-to-end supply chain solutions, proudly unveils its new brand identity to better align with its innovative, modern approach to logistics. Founded in 2007, Reload has been strategically amassing assets across major routes and ports in Sub-Saharan...

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Business & Money | Wednesday 12 June, 2024 9:13 am

Ministry of Cabinet Affairs Receives the Green Certificate by Moro Hub for Utilizing its Green Data Center

 Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority PJSC (DEWA), honoured the UAE Ministry of Cabinet Affairs (MOCA) with a Green Certificate. The recognition is in acknowledgment of the Ministry’s commitment to environmental sustainability...

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Business & Money | Wednesday 12 June, 2024 9:12 am

ROSHN Group Unveils Revamped Waterfront Walkway, Secures Guinness World Record

ROSHN Group is Saudi Arabia’s most trusted real estate developer and a giga-project wholly owned by the Kingdom’s Public Investment Fund (PIF). ROSHN’s multi-asset portfolio of integrated developments offer a new way of living for Saudi Arabia, featuring connected amenities in walking...

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Business & Money | Wednesday 12 June, 2024 9:05 am

Jadwa Investment Awarded Best Investment Return at the Sanadeq Investment Funds Awards for Saudi Real Estate

 Jadwa Investment, a leading investment management and advisory firm in the Middle East, received an award in its capacity as fund manager of Jadwa REIT Saudi Fund for Best Investment Return in 2023 among Saudi real estate investment funds at the Sanadeq Investment Funds Awards. The award was...

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Business & Money | Wednesday 12 June, 2024 8:45 am

NWC concludes 15-year contract with Spanish Aguas de Valencia to maintain 2 STPs in Taif at +555m SR

The National Water Company (NWC) announced, Monday 10 June 2024, that it has concluded a Long-Term contract with the Spanish Aguas de Valencia Company to rehabilitate, operate, and maintain STPs in Taif for 15 years and are worth more than SAR 555 Million. The contract is based on the...

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Business & Money | Wednesday 12 June, 2024 8:43 am

RAKEZ Group CEO shares insights on leadership and innovation at ATD Middle East Conference 2024

Group CEO of Ras Al Khaimah Economic Zone (RAKEZ) Ramy Jallad participated as a distinguished speaker at the ATD Middle East Conference, held recently in Abu Dhabi. The event, under the theme ‘All About People: Shaping Leaders, Transforming Talent’, was supported by the Department of Culture...

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