Business & Money | Wednesday 5 June, 2024 12:49 pm

REDF rents admin building from Ladun for SAR 108M

Ladun Investment Co.  signed on June 4 a contract to rent an administrative building in Aqiq, Riyadh, to the Real Estate Development Fund (REDF) for SAR 107.96 million, inclusive of VAT.   The five-year contract will come into effect on Nov. 7, 2024. The building, which...

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Business & Money | Wednesday 5 June, 2024 12:46 pm

PIF successfully prices inaugural GBP bond offering

The Public Investment Fund (PIF) successfully priced its inaugural bond offering in sterling today, June 5, at £650 million under its existing Euro Medium-Term Note program. The issuance is part of PIF’s strategy to continually diversify its funding sources. In an emailed statement to...

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Business & Money | Wednesday 5 June, 2024 11:00 am

Unusual Companies Boosts Business Success in the Netherlands with Comprehensive Support

The Netherlands boasts one of the strongest economies in Europe and a prosperous environment for businesses to grow. It has a highly skilled, talented workforce, tax incentives, an excellent strategic location, and a supportive environment for local and foreign innovative-driven entrepreneurs....

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Technology & IT | Wednesday 5 June, 2024 10:26 am

Here is Why the HONOR 200 Lite Should Be Your Next Smartphone Upgrade

With the HONOR 200 Lite available in the market, there has never been a better time to consider a smartphone upgrade. HONOR’s latest smartphone offers some truly intelligent features that are designed to make your smartphone experience more immersive. From stunning photography with 108MP...

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Business & Money | Wednesday 5 June, 2024 9:41 am

RIYADH AIR AND AIR CHINA TO STRENGTHEN RELATIONS FOLLOWING THE SIGNING OF MoU AT IATA AGM IN DUBAI

Riyadh Air, the newest national airline of Saudi Arabia, has demonstrated the importance of the Chinese market following the signing of a Memorandum of Understanding (MoU) with Air China, China’s exclusive national flag carrier, on June 3, 2024, at the International Air Transport Association...

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Business & Money | Wednesday 5 June, 2024 9:31 am

UAE, Malaysia seek deeper trade, investment ties, as trade hits $4.7 billion in 2023

Anwar Ibrahim, Prime Minister of Malaysia, received Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, on a visit to the country designed to deepen trade and investment ties between the United Arab Emirates and Malaysia. Dr. Al Zeyoudi also held talks with Zafrul Aziz,...

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Technology & IT | Wednesday 5 June, 2024 9:25 am

President of Azerbaijan breaks ground on Masdar 1GW solar, wind projects

Abu Dhabi Future Energy Company PJSC (Masdar) and SOCAR, the State Oil Company of Azerbaijan, have broken ground on three major solar and wind projects in Azerbaijan with a capacity of 1 gigawatt (GW). The groundbreaking, which took place at the opening ceremony of Baku Energy Week, reinforces ...

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Government | Wednesday 5 June, 2024 9:22 am

Dubai first globally in FDI inflows into cultural, creative industries, Financial Times’ 2023 FDI Index shows

H.H. Sheikha Latifa bint Mohammed bin Rashid Al Maktoum, Chairperson of Dubai Culture and Arts Authority (Dubai Culture), reaffirmed the emirate’s commitment to maintaining its leadership and enhancing its competitiveness as a global capital of the creative economy. In the 2023 Foreign Direct...

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Government | Wednesday 5 June, 2024 9:12 am

Under the patronage of Theyab bin Mohamed bin Zayed Abu Dhabi Early Childhood Week to take place in the emirate

Under the patronage of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Deputy Chairman of the Presidential Court for Development and Fallen Heroes’ Affairs and Chairman of the Abu Dhabi Early Childhood Authority (ECA), Abu Dhabi will host the first Abu Dhabi Early Childhood Week, a...

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Environment & Energy | Wednesday 5 June, 2024 8:55 am

UAE attaches great importance to combating desertification and drought: Minister of Climate Change and Environment

Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, highlighted the importance of this year’s World Environment Day theme, noting the far-reaching impact drought and desertification have on different sectors and aspects of life, and the urgent need to rehabilitate...

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