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Eye of Dubai

Ministry of Industry issues 152 licenses worth SAR 6.2B in January
Business & Money | Friday 15 March, 2024 8:29 pm
The Ministry of Industry and Mineral Resources issued 152 new industrial licenses in January, at a total investment value of SAR 6.2 billion, according to a statement.  The new licenses covered five industrial activities, with 27 licenses issued in the food production sector, 20 in the...
Diriyah Company Unveils Cutting-Edge Concept Design for 'The Arena in Diriyah' at MIPIM
Business & Money | Friday 15 March, 2024 12:37 am
Diriyah Company has today unveiled the unique and innovative concept design for The Arena in Diriyah, located on the outskirts of Saudi Arabia’s capital city Riyadh, that has been crafted by London-based HKS Architects to create a technologically advanced, globally significant arena that embodies ...
Inbound containers jump 17% to 226,700 in February: MAWANI
Business & Money | Thursday 14 March, 2024 10:53 am
The Saudi ports reported a 17% increase in the number of inbound containers to 226,670  in February, compared to 193,940 containers in the same month last year. In a statement, the Saudi Ports Authority (MAWANI) said that outbound containers declined by...
HRSD Ministry launches job mobility service across government entities
Government | Wednesday 13 March, 2024 12:39 pm
The Ministry of Human Resources and Social Development (HRSD) launched today, March 13, a job mobility service between government entities, aiming to enhance the investment in human capital and streamline internal and external transfer procedures among government entities.   ...
Saudi Research Development and Innovation Authority (RDIA) and Gulf Capital sign US$100 million investment partnership
Business & Money | Wednesday 13 March, 2024 12:22 pm
Gulf Capital announced today that it has signed an agreement with the Saudi Research Development and Innovation Authority (RDIA) to deploy over US$100 million into the Saudi technology and innovation sector over the next five years.  The Letter of Intent (LoI) was signed in Riyadh by Dr...
ACWA Power gets commercial operation certificate for Abu Dhabi’s Al Taweelah IWP
Business & Money | Wednesday 13 March, 2024 11:33 am
ACWA Power Co. received on March 12 a commercial operation certificate from Emirates Water and Electricity Co. (EWEC) for Al Taweelah Reverse Osmosis Independent Water Plant (IWP) in Abu Dhabi, according to a statement to Tadawul.   Desalinated water production capacity...
Opensignal Redefines Mobile Network Analysis Beyond Speed tests
Technology & IT | Tuesday 12 March, 2024 11:43 am
The Opensignal, a globally acclaimed authority on mobile network experiences, in its Global Reliability Experience Report, found that mobile users valued reliable network services more than faster speeds, and considered reliability second only to cost, whereas Denmark has topped the list in...
New Murabba leads Saudi Urban Development Investment Drive at MIPIM 2024 France
Business & Money | Tuesday 12 March, 2024 11:30 am
New Murabba Development Company, a leading urban development destination in Saudi Arabia, is showcasing its transformative vision at the 2024 MIPIM, a prestigious real estate event gathering industry leaders from across the globe taking place on 12-15 March at the Palais des Festivals, Cannes,...
PIF assets rise to $940.3B, ranks 5th globally
Business & Money | Monday 11 March, 2024 10:54 am
The Public Investment Fund (PIF) advanced to the fifth position among the world’s largest sovereign wealth funds (SWFs), after its net assets rose to $940.26 billion, according to the latest data from the SWF Institute.      PIF's assets rose by $163.6...
Ceer to finalize EV factory in 2 years, eyes regional exports: CEO
Cars & Autos | Monday 11 March, 2024 9:39 am
Ceer will complete the construction of its electric vehicle (EV) factory within the next two years, with the launch of the designs and accessibility to the automotive market, CEO Mohammed Abuazzah told Al-Arabiya TV. The manufacturing capacity of the factory will align with market requirements ...
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