Technology & IT | Wednesday 5 July, 2023 9:19 am

Mubadala invests in CoolIT Systems alongside KKR

Mubadala Investment Company has announced that it invested alongside investment funds managed by KKR, a leading global investment firm, in the acquisition of CoolIT Systems (“CoolIT”), which was announced on May 2, 2023.   Headquartered in Calgary, Canada with operations across...

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Government | Wednesday 5 July, 2023 9:15 am

Saudi Arabia, Kuwait own resources, Durra oilfield in maritime ‘Divided Area’: Foreign Ministry

Saudi Arabia and Kuwait exclusively own the natural wealth, including Durra gas field, in the maritime “Divided Area,” Saudi Press Agency reported, citing a foreign ministry source. Referring to a note trending on the Durra field, the source added that Saudi Arabia and Kuwait have...

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Government | Wednesday 5 July, 2023 9:13 am

Saudi Arabia begins issuing e-visas for Umrah

The Ministry of Hajj and Umrah started on Monday, July 3, issuing electronic visas for Umrah, to enable more Muslims to come to the Kingdom to perform Umrah.    The ministry stated that people who seek electronic visas can submit applications at the Nusuk platform, so they can...

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Business & Money | Wednesday 5 July, 2023 9:09 am

Saudi agricultural GDP reaches SAR 100 bln in 2022

Saudi Arabia’s agriculture sector achieved a record contribution to gross domestic product (GDP) at SAR 100 billion in 2022, Vice Minister of Environment, Water & Agriculture (MEWA) Mansour Bin Hilal Al Mushaiti said.   The Kingdom adopted many strategies, initiatives and...

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Business & Money | Wednesday 5 July, 2023 9:06 am

Naqi Water acquires SAR 7 mln poultry project

Naqi Water Co. signed on July 3 a contract to fully acquire a poultry project from Abdullah bin Saleh bin Abdullah Al-Bethi for Poultry in Qassim at a total value of SAR 7 million, according to a statement to Tadawul.  The project spans 447,700 square meters in Unaizah...

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Environment & Energy | Wednesday 5 July, 2023 9:02 am

SWCC deploys Innovative Floating Desalination Barges to Meet Water Demand During Hajj Season

To meet the surging demand for potable water during the Hajj season in Makkah and Madinah, the Saline Water Conversion Corporation (SWCC) deployed floating desalination barges to address the seasonal water requirements. With over 1.6 million pilgrims having arrived in Saudi Arabia, the timely...

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Sports | Wednesday 5 July, 2023 8:52 am

POWR Villa offers gamers the ultimate gaming experience this summer at Gamers8: The Land of Heroes

POWR Villa, one of the main attractions appearing at Gamers8: The Land of Heroes, the biggest gaming and esports festival worldwide, is offering gamers the ultimate gaming experience this summer.  Supported by Kentucky Fried Chicken (KFC), a strategic partner of Gamers8 organizers the...

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Business & Money | Tuesday 4 July, 2023 11:04 pm

The Advantages of Forex Trading in Dubai: Tax Benefits, Diversification, and Accessibility

 Forex trading, also known as foreign exchange trading, has gained immense popularity worldwide as a lucrative investment opportunity. Dubai, one of the fastest-growing financial hubs in the world, has emerged as a prominent destination for forex traders. The city's favorable business...

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Cars & Autos | Tuesday 4 July, 2023 1:46 pm

Najm successfully concludes the Hajj season by using its technical and human capabilities.

Najm for Insurance Services announced the successful conclusion of its operations during this year's Hajj season in cooperation with the General Directorate of Traffic and the Special Forces for Road Security to provide the highest levels of traffic safety for the pilgrims. Najm used the...

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Environment & Energy | Tuesday 4 July, 2023 1:36 pm

Business Leaders at London Climate Action Week Urge Ambitious Action Ahead of COP28

Ahead of COP28 UAE climate conference being held in Dubai from 30th November 2023, business leaders gathered along with policy makers in London at the London Climate Action Week between the 24th of June and the 2nd of July to forge partnerships aimed at advancing progress towards climate and nature ...

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