Business & Money | Thursday 14 December, 2023 9:16 am

Saudi Arabia to offer 250,000 jobs during Expo 2030: Minister

Al Khateeb, on the sidelines of the exhibition, added that the Kingdom will provide 1,000 hotel rooms.    The Kingdom managed to offer nearly 250,000 job opportunities during the last four years, reaching 850,000 currently, compared with 600,000 jobs offered since ...

More Details

Tourism & Hospitality | Thursday 14 December, 2023 9:14 am

NEOM unveils Utamo as newest arts, entertainment destination

NEOM’s board of directors unveiled Utamo — its newest destination for arts and entertainment, located along the Gulf of Aqaba coastline, poised to be an innovative event space to host global artists, according to a company statement.   Guided by NEOM’s unwavering commitment to...

More Details

Business & Money | Thursday 14 December, 2023 9:12 am

Fed maintains rates, sees three-time cut in 2024

The Federal Reserve decided today, Dec. 13 to hold the interest rate steady for the third straight meeting and the fourth time since the start of the current tightening cycle in March 2022. The US central bank left its benchmark rate at a 22-year high of 5.25% to 5.50%. Fed officials...

More Details

Technology & IT | Thursday 14 December, 2023 9:04 am

With HONOR 90, you have a real opportunity to give the perfect tech gift this gifting season

As the holiday season approaches, we are excited to introduce you to the HONOR 90, the perfect smartphone for creators to capture and share their unique vibe. With its exceptional features and innovative design, the HONOR 90 is a must-have device worth considering for the gifting...

More Details

Business & Money | Thursday 14 December, 2023 6:52 am

DAMAC announces the UAE’s first pre-certified LEED Platinum community development

DAMAC Properties today noted that construction work is progressing steadily on its DAMAC Lagoons project, which has been named the UAE’s first pre-certified LEED Platinum community development under the Leadership in Energy and Environmental Design (LEED) Cities and Communities Rating...

More Details

Business & Money | Thursday 14 December, 2023 2:50 am

Dubai Customs and Indonesia Strengthen Ties with CIPA, Paving the Way for $10 Billion Trade Boost

H.E. Ahmed Mahboob Musabih, Director General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation, together with H.E. Hussein Bajis, Ambassador of Indonesia to the UAE, affirmed that the comprehensive economic partnership agreement (CIPA) between the UAE and Indonesia enhances trade...

More Details

Business & Money | Thursday 14 December, 2023 2:49 am

Azizi Developments’ fourth phase of Riviera advances rapidly, reaches 40% completion

Azizi Developments, a leading private real estate developer in the UAE, is advancing swiftly in the construction of the fourth phase of Riviera, comprising six buildings. Riviera is Azizi’s French Mediterranean-inspired waterfront community strategically located in the highly sought-after...

More Details

Technology & IT | Thursday 14 December, 2023 2:48 am

Emirates Steel Arkan to utilize IBM ESG software to harness the transformative power of technology

Emirates Steel Arkan and IBM announced today on the sidelines of COP28 that the Group will be leveraging the advanced capabilities of IBM Envizi ESG Suite software to streamline the sustainability reporting process through revolutionized data utilization and insights as part of its...

More Details

Business & Money | Thursday 14 December, 2023 2:48 am

RAKEZ named ‘Free Zone Hub of the Year’ at Enterprise Agility Awards 2023

Ras Al Khaimah Economic Zone (RAKEZ) was recently honoured at the prestigious Enterprise Agility Awards 2023, organised by Entrepreneur Middle East. Celebrating the resilience and growth of businesses in the MENA region, RAKEZ was recognised as the 'Free Zone Hub of the Year’ at the...

More Details

Technology & IT | Thursday 14 December, 2023 1:58 am

IT Managed Services Sector Valued at US$1.3 Billion in Saudi Arabia

Findings from a global study commissioned by Cisco (NASDAQ: CSCO) and conducted by Canalys, reveal that IT channel partners focusing on managed services are expected to see significant growth in 2023. In Saudi Arabia, managed service revenue delivered in 2022, by 1,724 channel partners, grew by...

More Details