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Eye of Dubai

Intersec the catalyst for potential industry investments worth over US$16.7 billion
Business & Money | Thursday 20 June, 2024 5:03 am
 Messe Frankfurt Middle East has revealed that the 25th edition of Intersec, the world's leading business event for safety, security, and fire protection, held in Dubai earlier this year, resulted in a potential business buying capacity of over US$16.7 billion for the industry. The event...
Milestone Systems Wins Best in Business for Security at Inc. Arabia Awards Night
Business & Money | Thursday 20 June, 2024 5:01 am
Milestone Systems, a leading provider of open platform video management software (VMS), is proud to announce its recent accolade for “Best In Business Awards—Security” at the first edition of the highly esteemed Inc Arabia Best in Business Awards 2024, a platform that sets the standard for...
Akasa Air expands its presence in the Kingdom of Saudi Arabia; commences operations from Riyadh
Business & Money | Thursday 20 June, 2024 4:57 am
Akasa Air, India’s fastest-growing airline, commenced operations from Riyadh, connecting it to Mumbai with daily direct flights. The inaugural flight on 15th June 2024 departed Chhatrapati Shivaji Maharaj International Airport in Mumbai at 2220hrs IST and arrived at King Khalid International ...
FERRERO GROUP’S 15th SUSTAINABILITY REPORT DEMONSTRATES SOLID PROGRESS AS COMPANY ACCELERATES EFFORTS TO MEET ITS TARGETS
Business & Money | Wednesday 19 June, 2024 1:28 pm
Dubai - The Ferrero Group has today announced the latest progress in its sustainability journey, with the release of its 15th Sustainability Report.Guided by Ferrero Group’s long-standing commitment to having a positive impact throughout its value chain, the report demonstrates the considerable...
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...
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