HSBC Saudi Arabia, Al Rajhi Capital, SNB Capital, and AlJazira Capital have been appointed as joint lead managers to lead the transaction
ADNIC in its earnings release reported its underwriting profitability continued to be robust with a combined ratio of 87.60 per cent and a net insurance service profit of Dhs178.1m
The Brazil forward’s current contract with PSG runs until 2025
The total capacity of the solar energy projects commissioned at the Mohammed bin Rashid Al Maktoum Solar Park has reached 2,427MW
Smart technologies can unlock the potential data dividend in every link in the supply chain
Sustainability and supply chain resiliency are expected to reshape the global business environment
The change, which follows directives from the Abu Dhabi Executive Council, is set to take effect from September 1
Qusai Kankazar, chief operations officer of AD Ports’ Logistics Cluster, tells us how the group is growing its global presence while bolstering its regional operations
The company registered double-digit growth in the UAE and GCC region markets due to continued positive developments in key markets including Saudi Arabia
A sustained rebound in leisure travel is pushing hospitality brands to look at expanding their footprint
The developer’s group property sales, rose by 14 per cent to Dhs20.2bn
The agreement marked the high point of Turkey’s President Recep Tayyip Erdogan’s recent visit to the Middle East
Robotics automation can digitalise workflows and improve human productivity
The programme of more than 100 courses covers a range of topics essential for climate literacy across mitigation, adaptation, finance, and loss and damage
Robotaxis have increasingly become a normal sight on the Northern California city’s roads, with Waymo running a fleet of about 200 cars.
A robust responsible AI programme includes the strategy, governance, processes, tools and culture that are necessary to embed the approach across an organisation
The budget carrier flew more than 3.8 million passengers between April and June
SMEs must recognise that AI is not a futuristic concept, but a practical tool that can strategically augment and automate their processes
The round brings total funding to over $335m since inception across equity and debt
The property is being developed to combine the comforts of a home and the convenience of a hotel and easy access to Saadiyat Island’s attractions
The Asia Pacific region is amongst the main international markets for the company due to its popular solutions, which includes Thuraya’s MarineStar
The partnership is the first sports sponsorship deal that Riyadh Air has signed since its official launch in March
The Abu Dhabi-based hypermarket chain is realigning its capital structure before a possible listing in 2024 after delaying those plans this year
A 200-unit serviced apartments property will welcome its first guests in 2025
For the first six months of 2023, the utility giant reported a net profit of Dhs2.7bn
The banking group’s net profit after tax and minority interest rose by 20 per cent to reach EGP405m
The MoU strengthens VARA’s aim to achieve full transparency and market conduct adherence across virtual asset service providers licenced to operate in Dubai
Continent Worldwide Hotels said it was bringing three distinct properties to the Saudi cities of Maddinah and Dammam
The banking group has closed senior financing transactions worth more than GBP650m over the past five years
The payments company said growth was driven by the UAE’s resilient domestic consumer spending and a strong influx of tourists