Business & Money | Sunday 21 October, 2018 3:24 am

Dar Al Arkan Seeks Accreditation from ETMAM for Three Developments in Riyadh City

Dar Al Arkan, the largest listed real estate developer in the Kingdom of Saudi Arabia, today announced that it has submitted a request to ETMAM, the Developers Services Centre at the Saudi Ministry of Housing, for the accreditation of three comprehensive development projects in Shams Ar Riyadh,...

More Details

Business & Money | Sunday 21 October, 2018 3:00 am

Gulf Industry Fair 2019 puts spotlight the 4.0 Industrial revolution

The Gulf Industry Fair 2019 will focus on the 4.0 industrial revolution and its relevance to the GCC economic diversification, according  to the organisers, Hilal Conferences and Exhibition   Gulf Industry Fair 2019 is held under the patronage of HRH Prince Khalifa Bin Salman ...

More Details

Business & Money | Sunday 21 October, 2018 2:45 am

We want France to become the No. 1 investor in the Kingdom: Saudi-French Business Council chief

A delegation from the Saudi-French Business Council concluded a visit to the French cities of Paris and Lyon. The delegation participated in the council’s 40th session, during which four commercial contracts were signed. It also visited French art companies and museums to discuss...

More Details

Business & Money | Saturday 20 October, 2018 1:23 am

Dubai Offers Highest Potential Price Growth on Residential Property for Investors Worldwide

The competitive price of premium residential real estate in Dubai is underpinned by the huge potential for growth by the city - which means stronger appreciation and return on investment - as Dubai continues to record sustained growth led by its firm economic fundamentals. In ...

More Details

Business & Money | Friday 19 October, 2018 5:11 am

Moody’s raises GDP growth forecasts for Saudi Arabian economy

Moody’s has raised Saudi Arabia’s GDP growth forecast for 2018 to 2.5 percent from 1.3 percent as it maintains a “stable outlook” for the Saudi economy. The ratings agency also increased its 2019 GDP forecast to 2.7 percent, well above the 1.5 percent previously predicted,...

More Details

Business & Money | Friday 19 October, 2018 3:14 am

Designing Saudi Arabia: Tasmeem Fair takes visitors on a journey of self-discovery, and celebrates Islamic art and architecture

As part of the Kingdom’s new embrace of art and architecture under Vision 2030 the Tasmeem Fair, organized by the Saudi Art Council, is helping to reintroduce the role of local designers and architects into Saudi society. Under the patronage of Princess Jawaher bint Majid bin Abdulaziz...

More Details

Business & Money | Friday 19 October, 2018 12:37 am

Emaar Development General Meeting approves AED 1.04 billion (US$ 283.15 million) special cash dividend for shareholders

The General Meeting of Emaar Development (DFM: EMAARDEV), the UAE build-to-sell property development business majority-owned by Emaar Properties PJSC (DFM: EMAAR), approved the distribution of AED 1.04 billion (US$ 283.15 million), representing 26 per cent of the share capital being 26 fils per...

More Details

Business & Money | Thursday 18 October, 2018 12:00 pm

King Abdullah Port Key Participant in Uae Maritime Week

King Abdullah Port has announced its participation as a sponsor and speaker at the UAE Maritime Week, the Middle East’s first comprehensive maritime event. The port’s participation comes in an effort to capitalize on the major opportunities offered by this strategic platform for...

More Details

Business & Money | Thursday 18 October, 2018 10:45 am

ENOC and Microsoft team up to pilot AI-powered Service Station of the Future

ENOC Group (Emirates National Oil Company)  announced a new partnership today with Microsoft to design and develop the Service Station of the Future. The Memorandum of Understanding was signed by Zaid Alqufaidi, Managing Director, ENOC Retail and Sayed Hashish, Regional General Manager,...

More Details

Business & Money | Thursday 18 October, 2018 5:00 am

Saudi Arabia highlights the importance of the implementation of the UN Vision 2030

Saudi Arabia’s permanent delegation to the United Nations said that the Kingdom puts great importance to the implementation of the UN Vision 2030’s goals encompassing the economic, social and environmental fronts. This was stated in the speech delivered by the First Secretary Bandar...

More Details