Business & Money | Sunday 26 January, 2025 1:48 pm

Bateel International forays into airport dining with new Cafe Bateel and Bateel El’an outlets across airports in Saudi Arabia

This January, Bateel International proudly advances its robust growth strategy in Saudi Arabia, announcing the launch of three new locations for its flagship brands, Café Bateel and Bateel El'an, across key airports in the Kingdom. Reinforcing the brand’s unwavering commitment to quality,...

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Business & Money | Sunday 26 January, 2025 1:42 pm

M42 unveils new operating structure to drive growth and innovation in global healthcare

As part of the next stage of its growth journey, M42, a global health leader powered by artificial intelligence (AI) and technology, has announced the creation of a new operating structure to drive innovation in healthcare, focus the business on strategic priorities and accelerate local and...

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Business & Money | Sunday 26 January, 2025 12:59 pm

Dell Technologies, Aramco and National IT Academy Celebrate Graduation of Saudi Students from “ITXcelerate” Program

Dell Technologies, Aramco and National IT Academy (NITA) celebrated the graduation of talented Saudi students from the 18-weeks “ITXcelerate” program.  These graduates have earned globally recognized Dell Proven Professional Certifications in Information & Storage Management and...

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Business & Money | Sunday 26 January, 2025 12:23 pm

First Avenue signs SAR 57M real estate brokerage agreement

First Avenue for Real Estate Development Co. signed a real estate brokerage agreement worth SAR 57 million, excluding value-added tax, with La Perle Real Estate Fund on Jan. 23. In a statement to Tadawul, First Avenue said that the 30-day contract stipulates brokerage fees payable upon signing ...

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Business & Money | Thursday 23 January, 2025 11:42 am

KHC explores TikTok investment, files for Flynas IPO: CEO

Kingdom Holding Co. (KHC) could invest in TikTok if Elon Musk or others opt for a buyout, CEO Talal Al-Maiman said, Al Arabiya TV reported. On the sidelines of the World Economic Forum at Davos, Al-Maiman indicated that there is no intention currently to invest in other companies...

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Business & Money | Thursday 23 January, 2025 11:39 am

DIAC, Opus 2 partner to enhance dispute resolution experience

Dubai International Arbitration Centre (DIAC) and Opus 2, a legal software and hearing services provider, today announced a strategic technology partnership. The collaboration will deliver an innovative arbitration solution and cutting-edge hearing technology to better serve the users of...

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Business & Money | Thursday 23 January, 2025 11:38 am

Oraseya Capital tops list of investors in UAE, MENA region for 2024

Oraseya Capital, the investment arm of Dubai Integrated Economic Zones Authority (DIEZ), has been recognised as the most active investor by number of deals in the UAE for 2024, according to the UAE Venture Investment Report from MAGNiTT, the venture capital data platform. Oraseya Capital,...

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Business & Money | Thursday 23 January, 2025 11:30 am

CBUAE issues silver commemorative coins marking Golden Jubilee

The Central Bank of the United Arab Emirates (CBUAE) has announced the issuance of silver coins to mark the bank's Golden Jubilee. The CBUAE's 50th anniversary silver coin embodies its achievements in developing the banking and financial sector over the past decades. This coin signifies its...

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Business & Money | Thursday 23 January, 2025 11:27 am

UAE leads AI technology adoption, says Oracle

Oracle, a global leader in information technology and database solutions, has affirmed that the UAE and the region are experiencing exceptional growth in adopting artificial intelligence (AI) and cloud computing technologies, driven by government initiatives encouraging technological adoption and...

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Business & Money | Thursday 23 January, 2025 11:24 am

Sharjah’s real estate transactions hit record AED40 billion in 2024

The Sharjah real estate has succeeded in achieving exceptional and unprecedented growth during 2024, with transactions volume amounting to AED 40 billion, and a growth rate of 48 percent compared to 2023. Abdulaziz Ahmed Al Shamsi, Director-General of the Sharjah Real Estate Registration...

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