Environment & Energy | Wednesday 13 September, 2023 10:04 am

OPEC sees UAE economy continuing to grow in 2023

The Organisation of the Petroleum Exporting Countries (OPEC) has confirmed that the UAE's economy grew by 3.8 percent in the first quarter of 2023.In its September 2023 report, OPEC said it expects the UAE's economic expansion to continue, noting that key sectors of the country's economy have seen...

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Business & Money | Wednesday 13 September, 2023 10:02 am

NWC implements sewerage networks in King Fahad Suburb, Hail at SR +35M

The National Water Company (NWC), represented by its Northern Cluster, completed the implementation of wastewater networks in King Fahd Suburb Plan, Hail City (Phase I) at a cost of more than (35) million Saudi Riyals.   The company stated that the project includes the construction...

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Business & Money | Wednesday 13 September, 2023 9:59 am

AlUla Development Company signs agreement with Marriott International to bring Autograph Collection Hotels to AlUla in Saudi Arabia

AlUla Development Company (UDC), fully owned by the Public Investment Fund (PIF), has signed recently an agreement with Marriott International to open an Autograph Collection property in Saudi Arabia. Expected to open in 2025, the hotel will be located in the heart of downtown AlUla. The...

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Business & Money | Wednesday 13 September, 2023 9:58 am

Tanmiah Food Company and MHP SE Invests in Poultry Value Chain to Enhance Food Security in Saudi Arabia

Tanmiah Food Company (TADAWUL: 2281, “Tanmiah” or “The Company”) is pleased to announce the signing of the shareholder agreement between its fully owned subsidiary, Desert Hills Veterinary Services Company Limited (DHV) with MHP SE (LSE: MHPC, ‘MHP’), the leading international food ...

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Business & Money | Wednesday 13 September, 2023 9:55 am

SAUDIA becomes first airline to operate to and from Red Sea International airport

: Saudi Arabian Airlines (SAUDIA), the national carrier of Saudi Arabia, has signed a memorandum of understanding with the Red Sea Global (RSG), the multi-project developer behind the world’s most ambitious regenerative tourism destinations “The Red Sea” and...

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Environment & Energy | Wednesday 13 September, 2023 9:52 am

Zayed Sustainability Prize Announces 33 Finalists Advancing Global Sustainability Initiatives

The Zayed Sustainability Prize, the UAE’s pioneering global sustainability and humanitarian award, has announced this year's finalists following a deliberation by its esteemed Jury.   The winners will be announced at the Zayed Sustainability Prize Awards Ceremony on 1 December ...

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Technology & IT | Wednesday 13 September, 2023 9:43 am

Kaspersky reveals three-year long suspected supply chain attack targeting Linux

Kaspersky unveiled a malicious campaign in which an installer of the Free Download Manager software had been employed to disseminate a Linux backdoor for a minimum of three years. Researchers discovered that victims were infected when they downloaded the software from the official website,...

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Business & Money | Wednesday 13 September, 2023 9:41 am

du and Hashgraph Association partner to revolutionise blockchain solutions at Envision 2023

du, from Emirates Integrated Telecommunications Company (EITC), inked a groundbreaking partnership with The Hashgraph Association at Envision 2023. The collaboration focuses on harnessing the potential of the Hedera blockchain to offer secure, traceable, and scalable solutions on a corporate...

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Business & Money | Wednesday 13 September, 2023 9:40 am

‎“Royal Commission for Makkah City and Holy Sites” Launches the Largest Real Estate Fund Valued at SAR 11 Billion

The Royal Commission for Makkah City and Holy Sites announced today the launch of the largest real estate fund, valued at SAR 10.93 billion, in partnership with Thakher Development Company and Albilad Capital. The establishment of the fund aims to develop the Al Kidwa area located south of the ...

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Business & Money | Wednesday 13 September, 2023 9:34 am

FedEx Introduces FedEx® Sustainability Insights to Support Customer Emissions Reporting

FedEx Corp. (NYSE: FDX) has launched a new tool, FedEx® Sustainability Insights (FSI), giving customers across Asia Pacific, Middle East, and Africa (AMEA) markets* access to emissions information on their shipments within the FedEx network. They can use the data to help make informed decisions on ...

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