King Abdullah Financial District Development and Management Company (KAFD DMC), the developer and operator of Riyadh’s premier business and lifestyle destination, has secured a SAR12 billion ($3.2 billion), 15-year, senior-secured Murabaha facility, its first independently secured debt facility.
Oil prices extended their decline on Tuesday, although they initially staged a modest recovery after plunging nearly 5% in the previous session following reports of a breakthrough agreement between the United States and Iran.
Etihad Airways is entering its largest summer season ever, operating more than 300 daily flights, carrying near-record passenger loads and launching or returning nine destinations within days as demand for travel to, from and through Abu Dhabi continues to accelerate, the Abu Dhabi-based airline said.
Oman's Public Establishment for Industrial Estates (Madayn) is offering investors in Al Suwaiq Industrial City up to five years of rental incentives, including a two-year exemption from land rent followed by a 50 per cent discount for the next three years, as it seeks to attract businesses to one of the Sultanate's newest industrial hubs.
Elon Musk has become the world’s first trillionaire, a milestone that offers investors a glimpse into where the next generation of “extraordinary wealth creation is likely to emerge”, affirms Nigel Green, CEO of global financial advisory deVere Group.
QnA International, the organiser behind the world's most prestigious B2B platform for destination weddings, has announced the 17th edition of the Destination Wedding Planners (DWP) Congress — marking a landmark moment as the Congress sets foot on Indian soil for the very first time.
Artificial intelligence could significantly improve the world's ability to predict and respond to climate-related disasters by enabling faster forecasting and more effective early warning systems, according to a new report. However, AI's potential will only be realised if the technology is trusted and adapted to local conditions, it said.
Saudi-based Shalfa Facilities Management has announced that it has secured a key contract from Tatweer Buildings Company to provide FM services at its school buildings in the kingdom's Qassim Region. The scope of work includes cleaning, maintenance and gatekeeper services.
Global tennis icon Ons Jabeur has formally signed a strategic partnership agreement with GCC-based watch brand Nuncier to develop a signature line of timepieces.
King Abdullah Financial District Development and Management Company (KAFD DMC), the developer and operator of Riyadh’s premier business and lifestyle destination, has secured a SAR12 billion ($3.2 billion), 15-year, senior-secured Murabaha facility, its first independently secured debt facility.
The UAE has announced plans to set up a national body responsible for data, artificial intelligence and digital government in the country. The move is aimed at improving the quality of life, thereby strengthening the nation's competitiveness and global leadership in the digital economy.
Blacklane, a global chauffeur service, has joined Emirates Skywards through Skywards Everyday in the UAE, becoming the programme’s first chauffeur service partner.
Global tennis icon Ons Jabeur has formally signed a strategic partnership agreement with GCC-based watch brand Nuncier to develop a signature line of timepieces.
The United States and Iran have signed a preliminary agreement aimed at ending months of conflict and paving the way for the reopening of the Strait of Hormuz, sanctions relief for Tehran and a new round of negotiations on Iran's nuclear programme.