September 24, 2023

Saudi Arabia’s Merchandise Exports Maintain Stability at $24.34 Billion in July, GASTAT Reports

Amidst the backdrop of global economic challenges, Saudi Arabia has demonstrated resilience in its trade performance, with the Kingdom’s overall merchandise exports remaining steady in July, reaching SR91.3 billion ($24.34 billion). This represents a marginal decrease of only 0.4 percent compared to the previous month, according to official data. The General Authority for Statistics (GASTAT) […]

September 24, 2023

Saudi Arabia’s Merchandise Exports Maintain Stability at $24.34 Billion in July, GASTAT Reports

Amidst the backdrop of global economic challenges, Saudi Arabia has demonstrated resilience in its trade performance, with the Kingdom’s overall merchandise exports remaining steady in July, reaching SR91.3 billion ($24.34 billion). This represents a marginal decrease of only 0.4 percent compared to the previous month, according to official data. The General Authority for Statistics (GASTAT) […]

September 24, 2023

Saudi Arabia Secures ISO Council Membership for Two-Year Term

Saudi Arabia has earned a significant accolade for its dedication to implementing health and safety standards by being elected as a member of the council of the International Organization for Standardization (ISO). The announcement was made during the ISO’s 45th general assembly meeting in Brisbane, Australia. Saudi Arabia’s tenure in this esteemed council is set […]

September 24, 2023

Saudi Maritime Congress: A Catalyst for Global Maritime Advancements

In an event that witnessed the swift exchange of business cards and bustling networking, the Saudi Maritime Congress brought together thousands of industry leaders in Dammam. The fourth edition of this congress facilitated crucial deals, insightful debates, and extensive networking sessions, underscoring Saudi Arabia’s resolute commitment to becoming a prominent global logistics hub. Spanning two […]

September 24, 2023

PIF-Backed Lucid Motors Secures Permit for Manufacturing Unit in KAEC, Marking a Milestone in Saudi Arabia’s Automotive Industry

In a significant stride towards economic diversification and the transformation of the national transportation sector, the Economic Cities and Special Zones Authority (ECZA) has granted Lucid Motors a permit to establish a manufacturing facility within King Abdullah Economic City (KAEC). A commemorative ceremony was held at the ECZA’s offices in KAEC to celebrate this momentous […]

September 23, 2023

Dina Tarek: Vision to Nurture Human Connections through Technology

Dina Tarek is the visionary behind Taraabot, an upcoming e-learning digital platform poised to redefine the landscape of technological education. Hailing originally from Egypt, she has called Dubai her home since 2011, following her graduation from Ain Shams University with a degree in accounting. Dina’s journey began at a remarkably young age of 18, marked […]

September 23, 2023

Rizwan Sajan: Pioneering Success in Diversified Business Ventures

Rizwan Sajan, the Founder and Chairman of Danube Group, stands as a testament to the spirit of entrepreneurship and innovation in the UAE. Established in 1993, Danube Group has evolved into a Dubai-based diversified business conglomerate with a robust presence in building materials, home décor, and real estate development. Under the visionary leadership of Rizwan […]

September 21, 2023

ENEC Explores Future Collaborative Opportunities with US Companies at US-UAE Business Council Briefing

The Emirates Nuclear Energy Corporation (ENEC) engaged in a productive dialogue hosted by the US-UAE Business Council and the Nuclear Energy Institute (NEI) during a business briefing roundtable held in Washington D.C. this week. Mohamed Ibrahim Al Hammadi, the Managing Director and Chief Executive Officer of ENEC, took the stage to shed light on the […]

September 21, 2023

Abu Dhabi Residents Office Joins Forces with Nine Yards to Elevate Real Estate Investment

ABU DHABI, 21st September, 2023 (WAM) — Nine Yards, a prominent Abu Dhabi-based real estate developer, has recently entered into a strategic partnership with the Abu Dhabi Residents Office (ADRO), a division of the Abu Dhabi Economic Development (ADDED), aimed at bolstering the real estate investment sector and providing enhanced support to Nine Yards’ clientele. […]

September 21, 2023

FTA and UAQ Chamber Collaborate to Boost Tax Awareness Among Businesses

In a significant move aimed at fostering a deeper understanding of taxation within the business community, the Federal Tax Authority (FTA) has formalized a partnership with the Umm Al Quwain Chamber of Commerce and Industry. The Memorandum of Understanding (MoU), signed on September 21, 2023, underscores the commitment to promote a culture of tax compliance […]

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