The Abu Dhabi Securities Exchange (ADX) today signed a Memorandum of Understanding with Hong Kong Exchanges and Clearing Limited (HKEX) to deepen the cooperation and shared ambition between the UAE and Hong Kong capital markets. The MoU builds on the relationship between the two exchanges...
The Abu Dhabi Chamber of Commerce and Industry has signed a landmark cooperation agreement with the Ghorfa Arab-German Chamber of Commerce and Industry, during its official delegation’s visit to Berlin. The agreement sets the stage for stronger economic and investment collaboration between...
The Dubai Department of Economy and Tourism (DET) and the Dubai Chamber of Digital Economy have partnered with global innovation leader Plug and Play to launch a flagship three-month accelerator programme. Now open for applications, the programme is designed for ambitious post-revenue startups ...
National Industries Park (NIP), DP World’s industrial hub in Dubai, has secured more than AED 1 billion in new projects so far this year, underlining strong investor confidence in the emirate’s growing industrial base. Between January and September, NIP leased over 7 million square feet of ...
National Environmental Recycling Co. (Tadweeer) signed an agreement with Chinese automobile manufacturer Chery to establish an aluminum smelter in Saudi Arabia with an annual production capacity of 50,000 tons, said CEO Nasser Aldueb. In an interview with Al Arabiya TV, the CEO added that the...
Adeer Real Estate Co. announced the successful marketing and sale of the Wahat Jeddah, land owned by Baitek Real Estate Co., through the public auction held in Jeddah on Sept. 17. The total sale value reached SAR 707.25 million (excluding VAT). According to Adeer’s statement on Tadawul, the...
MBC Group Co. announced that the Public Investment Fund (PIF) completed the acquisition of a 54% stake in the MENA’s leading media company for SAR 7.47 billion. All required paperwork was finalized by the Kingdom’s sovereign wealth fund, MBC Group said in a statement to...
Saudi Arabian Oil Co. (Saudi Aramco) completed the issuance of $ 3 billion international sukuk under SA Global Sukuk Limited’s Trust Certificate Issuance Program, the company said in a statement to Tadawul. Issuance DetailsTypeUS dollar-denominated, direct, unsubordinated, unsecured and...
HONOR, a global leading AI device ecosystem company, today announced the launch of the all-new HONOR X7d 5G. Setting a benchmark as a powerful phone with enhanced durability and brand-new AI experience in the market, the HONOR X7d 5G brings 5-star Premium Drop Protection, IP65 Water Resistance, a...
Municipal and Rural Affairs and Housing Minister, Majed Al-Hogail said land grants remain consistent with past years, noting that some beneficiaries are returning plots to avoid the white land tax, which he described as a sign of the program’s success. He told AlEkhbariya TV that...