Business & Money | Tuesday 25 June, 2024 8:18 am

Kuwait Finance House considers bidding for stake in SAIB: Report

Kuwait Finance House (KFH) is studying the acquisition of a large stake in The Saudi Investment Bank (SAIB), Bloomberg reported today, June 24, citing unnamed sources with knowledge of the matter. KFH is considering a potential investment in the Saudi bank to enhance its regional presence....

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Business & Money | Tuesday 25 June, 2024 8:13 am

CAPELLA HOTELS AND RESORTS ANNOUNCES NEW WELLNESS-CENTRED RESORT AT NEOM

 Capella Hotels and Resorts announces its first coastal destination in Saudi Arabia, set within NEOM at Elanan, one of Magna’s destinations, against the backdrop of stunning desert mountains and the Gulf of Aqaba coastline. The resort will open an exclusive wellness retreat as part of the...

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Business & Money | Tuesday 25 June, 2024 8:11 am

ENOC Group inks co-operation agreement with Emirates Auction to optimise business operations

In line with the UAE Government’s efforts to eliminating bureaucracy in state bodies and institutions, ENOC Group, a leading integrated global energy player, and Emirates Auction, the leading UAE based auction company in the Middle East, signed a Memorandum of Understanding (MoU) aimed at...

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Business & Money | Tuesday 25 June, 2024 8:00 am

Quantum AI: Improving Trading Accuracy for Canadian Investors

In recent years, the advent of new technologies has revolutionized various industries, and the world of finance is no exception. One such groundbreaking technology that has been making waves in the trading industry is Quantum AI. Quantum AI, also known as Quantum Artificial Intelligence, is a...

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Business & Money | Monday 24 June, 2024 1:30 pm

GBB Venture is all set to host the 15th Real Estate Development Summit Saudi Arabia: Europe Edition

GBB Venture is all set to host the 15th Real Estate Development Summit Saudi Arabia: Europe Edition on the 4th and 5th of July 2024 at Palau de Congressos, Palma de Mallorca, Palma - Spain. With a pre-qualified, elite attendance of over 100+ Saudi Arabian Project Companies and 80 Global Solution...

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Business & Money | Monday 24 June, 2024 11:35 am

DIFC Innovation Hub and du join hands to foster SME innovation

du, from Emirates Integrated Telecommunications Company (EITC), today announced a strategic partnership agreement with DIFC Innovation Hub to launch the 'du Business Entrepreneurship Programme', designed to provide substantial support to entrepreneurs and start-ups, focusing on cutting-edge...

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Business & Money | Monday 24 June, 2024 10:53 am

Budget Saudi names Ibrahim Almojel Chairman, Abdulwahab Albetari Deputy

United International Transportation Co.’s (Budget Saudi) board of directors appointed Ibrahim Almojel (Independent member) as Chairman and Abdulwahab Albetari as Deputy Chairman, according to a statement to Tadawul.   The board also approved the formation of the audit,...

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Business & Money | Monday 24 June, 2024 10:41 am

Alliance Française to Open at Hayy Jameel in Jeddah

Declaration of intent to establish Hayy Jameel in Jeddah as the new home of Alliance Française Saudi Arabia (AFAS) made in the presence of HE Ambassador of France M. Ludovic Pouille, the Consul General of France in Jeddah, M. Mohammed Nehad, the President of Alliance Francaise M. Zaher Al...

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Business & Money | Monday 24 June, 2024 10:37 am

Dubai’s Samana Developers Launches Dh855 Million “Ivy Gardens 2” Climate-Resilient Project in Dubailand

Samana Developers, one of the leading real estate companies in Dubai, today announced the launch of the Dh855 million “Samana Ivy Gardens 2” project in the Dubai Land Residence Complex located in the Dubailand neighborhood. The project is the second of its kind in the same locality and...

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Business & Money | Monday 24 June, 2024 10:34 am

Knight Frank: Saudi Arabia’s construction awards hit US$ 142bn

Saudi Arabia is experiencing a significant surge in its construction activities, with the construction output value for the residential, institutional, infrastructure, industrial, energy & utilities and commercial sectors reaching US$ 141.5bn, up by 4.3% compared to last year, according to the...

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