The third edition of the Eid Al Adha Mega Sales Fair commences in Sharjah.
Sharjah’s Expo Centre is buzzing with excitement as the third edition of the Eid Al Adha Mega Sales Fair 2023 kicks off.
Saudi sovereign wealth fund, PIF, has recently divested its stake in McLaren and sold it to Bahrain.
Bahrain’s state investment fund, Mumtalakat, is set to purchase preference shares and warrants valued at £400 million ($510.48 million) in carmaker McLaren from Saudi Arabia’s Public Investment Fund (PIF) and Ares Management, according to a report by Sky News.
Riyadh Air Finalizes Deal for 90 GEnx Engines to Power Upcoming Fleet
Riyadh Air, the Saudi Arabian airline, has officially concluded an agreement to acquire 90 GEnx-1B engines for its forthcoming fleet.
To bolster its net-zero ambitions, Oman has recently inked agreements for green hydrogen projects worth $10 billion.
Oman has taken significant strides in advancing its net-zero ambitions by signing agreements worth $10 billion for green hydrogen projects.
Saudi EV Manufacturer Ceer Sets Ambitious Goal to Boost Kingdom’s GDP by $7.9 Billion by 2034
Ceer, a prominent electric vehicle (EV) manufacturer based in Saudi Arabia, has set an ambitious target to contribute a staggering $7.9 billion to the Kingdom’s Gross Domestic Product (GDP) by the year 2034.
AD Ports Group has entered into a partnership with Premier Marine to establish a new entity called ‘Safeen Drydocks.’
AD Ports Group, a leading maritime entity in the region, has announced a strategic partnership with Premier Marine to establish a new venture named ‘Safeen Drydocks.’
Pure Gold Living, a property developer based in Dubai, has revealed its latest projects with a total value of Dh300 million.
Pure Gold Living, a prominent property developer in Dubai, has made an exciting announcement regarding the launch of new residential projects in the city.
UAE Banking Sector’s Credit Growth Surges Despite Rising Interest Rates
Credit growth in the UAE’s banking sector, a crucial indicator of overall economic health, witnessed a significant surge, reaching nearly Dh2.0 trillion in the first quarter.
The VLGC vessel named ‘Lucky Gas’ by Al Seer Marine embarks on its voyage.
Al Seer Marine, a subsidiary of International Holding Company, has made a significant announcement regarding the takeover of its first very large gas carrier (VLGC) named ‘Lucky Gas.’
Following the successful sell-out of its initial two phases, Dubai South Properties has introduced South Bay Phase 3.
Dubai South Properties has recently unveiled its highly anticipated South Bay Phase 3, marking the next chapter in the development’s success story.