Business & Money | Sunday 2 July, 2023 1:23 pm

BWHSM HOTELS CONTINUES GLOBAL EXPANSION WITH THE ADDITION OF HOTELS IN NORTH AMERICA, EUROPE, AFRICA AND ASIA INCLUDING THE UAE, OMAN AND SAUDI ARABIA

BWHSM Hotels, one of the world’s leading hotel companies, celebrates continued expansive growth of its 19 distinctive brands across every chain scale segment – from luxury to premium economy – adding several new properties to its global portfolio of hotels and resorts. Most recently, the...

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Business & Money | Sunday 2 July, 2023 1:10 pm

Arabian Pipes signs SAR 322 mln contract with Saudi Aramco

Arabian Pipes Co. won, on June 26, a contract worth nearly SAR 322 million with Saudi Aramco to supply steel pipes over 10 months, the company announced in a filing to Tadawul. The 10-month contract was also signed on June 26.  The relevant financial impact will...

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Business & Money | Sunday 2 July, 2023 12:59 pm

Emaar EC sells industrial land for SAR 366.8 mln

Emaar The Economic City (Emaar EC) signed a contract worth SAR 366.8 million to sell an undeveloped industrial land plot to Dar Al Himmah Projects Co. Ltd., one of the Public Investment Fund's (PIF) subsidiaries, Zamil Real Estate Co., and Abdullah Ibrahim...

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Government | Sunday 2 July, 2023 11:41 am

Dubai Customs empowers Japanese authorities in intercepting $310 million methamphetamine shipment

In its ongoing commitment to combat transnational organized crime, Dubai Customs assisted Japanese customs authorities in intercepting a significant quantity of illicit drugs. Up to 700 kilograms of "methamphetamine" powder, valued at approximately $310 million, were concealed within a cargo ship...

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Business & Money | Sunday 2 July, 2023 9:10 am

Techstars, Saudi National Bank and MCIT Announce Two Founder Catalyst Programs in Saudi Arabia

Techstars, the world’s most active pre-seed investor, the Saudi National Bank (SNB) and the Saudi Ministry of Communication and Information Technology (MCIT), announced today the launch of two Techstars Founder Catalyst programs in Jeddah and Al Ahsa. The first edition of the programs...

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Government | Sunday 2 July, 2023 5:25 am

PIF ranks 7th globally, 1st in Middle East by GSR rating

The Public Investment Fund (PIF) ranked seventh globally and first in the Middle East among 100 sovereign wealth funds according to Global SWFs Governance, Sustainability and Resilience (GSR) rating.   The rating is a testament to the fund’s commitment to strong governance and...

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Technology & IT | Saturday 1 July, 2023 1:49 am

Kaspersky reveals details behind the spyware used in Operation Triangulation

 Kaspersky recently reported on a new mobile Advanced Persistent Threat (APT) campaign that specifically targets iOS devices via iMessage. Following the six-month investigation, the company’s researchers have published an in-depth analysis of the exploitation chain and uncovered details of...

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Healthcare | Saturday 1 July, 2023 1:28 am

Health Minister Announces Success of Hajj Health Plans and Absence of Any Outbreaks or Threats to Public Health

The Minister of Health, Fahd Al-Jalajel, announced the success of the health plans for this year's Hajj season 1444 AH and the absence of any outbreaks or threats to public health.In a statement delivered from the Command and Control Center in Mina on Friday, June 30th, Al-Jalajel said: "With the...

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Business & Money | Saturday 1 July, 2023 1:15 am

Gold prices slide to 3-month low

Gold prices declined for the third straight session today, June 29, extending their lowest levels in more than three months as major central banks reiterated statements about monetary tightening to combat inflation.Gold spot prices fell 0.1% to $1,905.59 per ounce at 0749 GMT, while futures inched...

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Culture & Education | Saturday 1 July, 2023 1:03 am

QS World University Rankings 2024: AUS among top 25 percent of institutions globally and first in employer reputation in the UAE

American University of Sharjah’s (AUS) reputation of excellence continues to grow globally with AUS named among the top 25 percent of global institutions, moving up five spots in its global ranking, according to QS World University Rankings 2024. This year’s ranking system reviewed the...

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