Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), welcomed Massimiliano Cifalitti, President of ABB’s Smart Power Division, during a meeting at DEWA’s headquarters. The visit marks a significant step in strengthening cooperation between DEWA and ABB to...
ROSHN Group, wholly owned by the Public Investment Fund (PIF), signed a SAR 2 billion Shariah-compliant credit facility agreement with Saudi Narional Bank (SNB). According to ROSHN’s statement, as reported by the Saudi Press Agency (SPA), the seven-year agreement aims to finance the...
Saudi Real Estate Co. (Al Akaria) announced the sale of two land plots in Madinah and Riyadh for SAR 85.64 million, excluding real estate transaction tax and brokerage fees. In a statement to Tadawul, the company said that Madinah’s land in Al AlHarra Al Sharqiyah District, with a total ...
alrajhi bank has officially signed a strategic partnership agreement with Salla Platform Company, enabling Salla merchants to integrate the “mokafaa” loyalty program. This collaboration will allow consumers to earn and redeem loyalty points across more than 60,000 online stores on Salla,...
Al Moammar Information Systems Co. (MIS) was awarded by the Saudi Data & AI Authority (SDAIA) the Naqaa Data Center expansion project, according to a statement to Tadawul. The total value of the project is SAR 227.8 million including VAT. The project entails expanding the Naqaa...
Ras Al Khaimah Economic Zone (RAKEZ) successfully launched the first event of its Growth Series 2025, “AI on a Budget: Affordable Tools and Smart Automation for Small Businesses,” attracting a diverse group of entrepreneurs eager to harness the power of Artificial Intelligence (AI) without...
Alinma Bank has launched its new identity, marking a significant phase of innovation, development, and leadership in customer service. This milestone reflects the success of the bank’s 2025 strategy, strengthening its position in the Kingdom’s financial sector, contributing to community...
University and homegrown mobility solutions provider join forces to advance education, training and R&D Rochester Institute of Technology (RIT) of Dubai and W Motors have established a partnership to promote innovation in the mobility sector, through joint initiatives...
AI-driven smart technology brings transparency to the humanitarian ecosystem A pioneering new app, ‘Track Your Impact’, has been launched to transform the way humanitarian aid is delivered and monitored, providing donors with real-time updates on their contributions. Developed by the ...
Collaboration with renowned Perelman School of Medicine to boost healthcare education in the UAEThe American University in Dubai (AUD) has completed a Memorandum of Understanding (MOU) to partner with the University of Pennsylvania’s Perelman School of Medicine (Penn Medicine) in establishing the ...