Business & Money | Monday 15 April, 2024 11:15 am

Budget Saudi inks agreement to acquire 70% of Overseas Development in UAE

United International Transportation Co. (Budget Saudi) signed a sale and purchase agreement to acquire 70% of Overseas Development LLC shares in the UAE. According to a statement to Tadawul, the acquisition amount was based on the financial evaluation of the acquisition, as the value of the...

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Government | Monday 15 April, 2024 11:11 am

MoEI to highlight UAE’s efforts to achieve energy transition, climate neutrality at WFES 2024

The Ministry of Energy and Infrastructure (MoEI) will participate in the World Future Energy Summit (WFES) 2024, to be held at the Abu Dhabi National Exhibition Centre from April 16th to 18th. During its participation, the Ministry plans to highlight the UAE’s achievements in the clean energy...

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Business & Money | Monday 15 April, 2024 10:39 am

Emirates NBD launches Visa credit card for high-net-worth clientele offering premier lifestyle benefits

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region, has introduced the ‘Priority Banking Visa Infinite Credit Card’, an offering tailored to meet the exclusive lifestyle needs of its affluent Priority Banking clientele. The proposition,...

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Business & Money | Sunday 14 April, 2024 5:50 pm

Why putting art in the heart of our communities matters to ROSHN

Ghada AlRumayanWhatever form it takes, art is about expressing emotion, communicating ideas, and stimulating thoughts through creativity. Free of necessity, it is perhaps one of the most truly human undertakings and is “indispensable to our quality of life” as noted in Saudi Vision 2030. This...

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Business & Money | Sunday 14 April, 2024 11:09 am

ADES wins SAR 350M contract from TotalEnergies for jack-up rig in Qatar

ADES Holding Co. received a letter of award for a project worth SAR 350 million from TotalEnergies Co. to operate a jack-up rig in Qatar, including the mandatory and optional extension periods. The contract includes a firm one-year term and three optional...

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Technology & IT | Sunday 14 April, 2024 10:27 am

HONOR Launches the 2024 Magic Moments Awards: Celebrating the Art of Smartphone Photography

Global technology brand HONOR today announced the commencement of the 2024 HONOR Magic Moments Awards, the fourth annual global mobile photography competition hosted by the brand. Featuring six categories with 59 available award designations: landscape photography, portraits, snapshots,...

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Tourism & Hospitality | Sunday 14 April, 2024 9:57 am

RTA lifts 5.9 million passengers during Eid Al Fitr holiday

Dubai’s Roads and Transport Authority (RTA) announced that public transport means, taxis and shared mobility vehicles have transported about 5.9 million passengers during the holiday of Eid Al Fitr 1445H (10th to 12th April 2024). The breakdown indicated that Dubai Metro’s Red and Green...

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Government | Saturday 13 April, 2024 8:16 am

EU Council approves law targeting organised crime through asset recovery and confiscation

The Council of the European Union (EU) today adopted a law which sets out EU-wide minimum rules on the tracing, identification, freezing, confiscation and management of criminal property in connection with a wide range of crimes. The directive will better equip member states in their fight...

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Business & Money | Saturday 13 April, 2024 8:14 am

Action-packed night guaranteed in Abu Dhabi as UFC® 308 confirmed for October 26

UFC, the world’s premier mixed martial arts organisation, and the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), today announced UFC’s much anticipated next championship event in Abu Dhabi on Saturday, 26 October at the Etihad Arena. For UFC® 308, fan favourite Abu Dhabi ...

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Business & Money | Saturday 13 April, 2024 8:12 am

World's leading financial institutions raise China's 2024 growth forecasts

A number of leading global financial institutions and banks have revised their 2024 growth forecasts for China upward after improved data and effective policy delivery has raised expectations of a brighter outlook for the world's second-largest economy. According to China Central Television,...

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