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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Business & Money | Wednesday 29 May, 2024 12:32 pm

Sharjah SME Ruwad attracts 109 new projects in Q1 2024

Sharjah SME Ruwad, affiliated with the Sharjah Department of Economic Development (SEDD), announced that 109 new projects have joined its membership during the first quarter of 2024, while it approved financing two pilot projects with a total value of AED550,000. The results of the quarterly...

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Business & Money | Wednesday 29 May, 2024 12:16 pm

Abu Dhabi Exports Office showcases financial solutions at 'Make it in the Emirates Forum'

Mohamed Saif Al Suwaidi, Director-General of the Abu Dhabi Fund for Development and Chairman of the Executive Committee of the Abu Dhabi Exports Office, emphasised that the office is leveraging all available resources and financing to support UAE companies. This effort aims to facilitate the global ...

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Business & Money | Wednesday 29 May, 2024 12:07 pm

Dubai Industrial City launches 13.9 million sq.ft. expansion to strengthen UAE manufacturing sector

Dubai Industrial City has officially launched 13.9 million sq.ft. of additional land capacity within its ecosystem. The additional land capacity at Dubai Industrial City, part of TECOM Group PJSC, was acquired through a AED410 million transaction that aims to champion and strengthen local...

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Business & Money | Wednesday 29 May, 2024 11:54 am

Sure inks SAR 13.9M supply chain development contract with Commerce Ministry

Sure Global Tech Co. signed a contract worth SAR 13.86 million (VAT inclusive) for a project to diversify and develop commodity supply chains with the Ministry of Commerce, in cooperation with the General Authority of Foreign Trade (GAFT), according to a statement to Tadawul. Under the...

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Business & Money | Wednesday 29 May, 2024 11:50 am

GAS signs 2 contracts worth SAR 761M with Aramco

GAS Arabian Services Co. (GAS) signed on May 29 two contracts with Saudi Arabian Oil Co. (Saudi Aramco) at a total value of SAR 761 million. In separate statements to Tadawul, GAS said the first engineering, procurement and construction (EPC) contract is for work on the Master Gas System...

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Business & Money | Wednesday 29 May, 2024 11:41 am

Ajman Department of Finance Strengthens Partnership with Ajman Transport Authority via the “Tawreed” Platform

Ajman Department of Finance has signed a service provision agreement with the Ajman Transport Authority as part of the commitment to fostering an investment-friendly environment that promotes economic growth and sustainable development in the emirate.  The agreement will enable the...

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Business & Money | Wednesday 29 May, 2024 10:28 am

Lenovo collaborates with PIF’s Alat to issue bonds, set up regional hub

Lenovo Group signed a strategic collaboration framework agreement and a bond subscription agreement with Alat, a Public Investment Fund (PIF) company, the Chinese firm said in a statement today, May 29.   The collaboration includes Lenovo’s plans to establish its regional Middle...

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Business & Money | Wednesday 29 May, 2024 9:58 am

Real Estate Market records over SAR 538.9B deals YTD: Justice Ministry

Saudi Arabia’s Real Estate Market recorded more than SAR 538.9 billion worth of deals year to date, Al-Eqtisadiah newspaper reported, citing the Ministry of Justice. A total of 244,000 transactions have been executed including registrations, the consolidation and sorting of real estate...

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Business & Money | Tuesday 28 May, 2024 1:48 pm

ROSHN Partners with SIMAH to Boost Transparency and Enable More Home Ownership Across the Kingdom

ROSHN Group, a national real estate developer and PIF-owned giga-project, said in a press release issued today that it had signed an agreement with the Saudi Credit Bureau (SIMAH) to access credit rating services, boost transparency, and improve its customers’ house purchasing experience.As per...

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