12 Dhu al-Hijjah 1445 - 19 June 2024
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Eye of Dubai

Saudi Arabia advances to 16th place in World Competitiveness 2024
Business & Money | Wednesday 19 June, 2024 3:02 am
Saudi Arabia advanced to the 16th place in the IMD World Competitiveness Ranking 2024, issued by the World Competitiveness Center of the International Institute for Management Development (IMD).   According to the report, the Kingdom ranked fourth among the G20 countries, supported...
Three new IPOs added AED21.3 billion to UAE's stock market capitalisation in 2024
Business & Money | Wednesday 19 June, 2024 12:13 am
The local stock markets attracted a new market capitalisation of nearly AED21.3 billion, thanks to three new initial public offerings witnessed since the beginning of this year, in line with market plans to double its market value to around AED6 trillion in the coming years. The initial public ...
Ajman completes 169 real estate valuations worth over AED729.5 million in May
Business & Money | Wednesday 19 June, 2024 12:03 am
Department of Land and Real Estate Regulation in Ajman completed 169 real estate valuation processes during May 2024 with a total value exceeding AED729.5 million. Ahmed Khalfan Al Shamsi, Director of Real Estate Registration, explained that the valuation covered commercial, residential,...
Saudi Arabia's Pavilion Debuts at EUROSATORY 2024
Business & Money | Tuesday 18 June, 2024 5:37 am
The General Authority for Military Industries (GAMI) Governor Ahmad Abdulaziz Al-Ohali officially opened the Saudi Arabia pavilion at the Global Event for Defense and Security EUROSATORY 2024 in Paris. The ceremony was attended by Assistant Minister of Defense Eng. Talal bin Abdullah Al-Otaibi,...
Saudi foreign reserve assets rise to SAR 1.75T in May
Business & Money | Tuesday 18 June, 2024 5:19 am
Saudi Arabia's international reserve assets grew by 5%, or SAR 85.5 billion, month-on-month (MoM) to SAR 1.75 trillion in May, according to the Saudi Central Bank (SAMA).   On an annual basis, the Kingdom’s foreign reserve assets increased 6%, or SAR 94.8...
UAE allocates 70% of its USD100 million pledge to United Nations, its humanitarian agencies in Sudan
Business & Money | Tuesday 18 June, 2024 5:19 am
The United Arab Emirates, one of the leading contributors of humanitarian assistance to Sudan and Africa, has allocated 70% of the USD100 million it pledged in April at the International Humanitarian Conference for Sudan and Neighbouring Countries, to UN agencies and humanitarian organisations, in...
Awqaf Abu Dhabi Promotes Digitization of Fundraising for Mosque Construction and Maintenance through “Baytak Fel Jannah” Campaign
Business & Money | Tuesday 18 June, 2024 5:00 am
The Abu Dhabi Endowments and Minors' Funds Management Authority (Awqaf Abu Dhabi) announced the launch of their Eid Al Adha campaign, “Baytak Fel Jannah”, which aims to raise funds for the construction and maintenance of mosques in the Emirate of Abu Dhabi. The “Baytak Fel Jannah”...
MoIAT adds seven new services for industry under government’s Zero Bureaucracy initiative
Business & Money | Tuesday 18 June, 2024 4:56 am
The Ministry of Industry and Advanced Technology (MoIAT) has introduced seven new services under the UAE government’s Zero Bureaucracy initiative to enhance the sector’s growth and support the country’s competitiveness. The services were launched in line with the National Strategy for...
du promotes UAE national employees across various departments
Business & Money | Tuesday 18 June, 2024 4:51 am
du, from Emirates Integrated Telecommunication Company (EITC), has announced the promotion of several UAE National employees across various departments within the organisation. These promotions reflect du’s commitment to Emiratization and its ongoing efforts to support and enhance the career...
Saudi industry minister to discuss potential lithium investments in Chile in July: Report
Business & Money | Sunday 16 June, 2024 10:36 am
Chile's government said on June 15 that Saudi Minister of Industry and Mineral Resources, Bandar Alkhorayef, will visit the country in July and plans to meet with his counterpart Aurora Williams. The Saudi minister will discuss potential investments in lithium, as Chile is the world’s second ...
Federal regulators align to champion AGWA
Federal regulators align to champion AGWA
Sunday 16 June, 2024 11:00