By Muhammad Rafiq RIYADH/DUBAI: On October 7,2024, the CEO of the Saudi Fund for Development (SFD), Mr. Sultan bin Abdulrahman Al-Marshad, signed a memorandum of cooperation with Dr. Fahad bin Saad Abu Mouti, the Head of the Founding Team of the Global Water Organization. This memorandum aims to establish a general framework for international development cooperation and to leverage the Fund’s …

MillerKnoll (NASDAQ:MLKN), a global leader in design, is opening two new flagship locations in London and New York this month. Including contract showrooms and stores from across the company’s collective of brands, these spaces build upon the MillerKnoll strategy of creating world-class design destinations globally. This approach provides our employees with inspiring workplaces and offers customers and the design community …

By Muhammad Rafiq ALULA/DUBAI: Budget Saudi Arabia, a leading provider of car rental and leasing services including commercial vehicles in the Kingdom, has committed to a formal three-year agreement to become an Official Partner of AlUla Moments Calendar of Events. The partnership, formalised by Budget Saudi Arabia’s President & Group CEO, Fawaz Abdullah Danish, and Rami AlMoallim, Vice President of …

Web Desk MANAMA: BENEFIT, the Kingdom’s innovator and leader in fintech and electronic financial transaction services, has officially signed a strategic partnership with Zphin, the technology arm of PB Fintech Limited (NSE: POLICYBZR), to develop a groundbreaking online platform for consumer lending, car insurance, credit cards, and travel insurance. This initiative marks the launch of Bahrain’s first-ever Consumer Lending and …

By Muhammad Rafiq DUBAI: Following the recent establishment of the Dubai Staffing Business Group (SBG) under the umbrella of Dubai Chamber of Commerce, the group convened for its first Annual General Meeting (AGM), led by Chairman David Stockton. The SBG serves as a crucial platform to promote the interests and growth of its members within the dynamic staffing industry. As …

Web Desk DUBAI: Trascent, a global leader in facilities management advisory services, and Gulaid Holding, a renowned investor within Saudi Arabia’s facilities management sector, have joined forces to launch Trascent Arabia, a joint venture designed to provide value added and differentiated services focused on the Kingdom’s facilities management (FM) industry. The new entity will provide innovative solutions aligned with Saudi …

By Muhammad Rafiq DUBAI: Swank Development, a leading European real estate developer, has officially begun the construction of its latest luxury residential project, “Lua Residences”, in the prestigious District 11, Mohammed Bin Rashid City, Meydan. With a project value of AED 320 million, this initiative marks a significant milestone in the company’s expansion within Dubai’s thriving real estate market. The …

Web Desk DUBAI: Binghatti, the leading Emirati real estate developer has signed a sponsorship agreement with Shabab Al Ahli Football Club, one of the UAE’s top professional football teams. The sponsorship, will see Binghatti’s logo featured on the club’s team jerseys, with the company becoming the title sponsor for the UAE football club starting from the 2024-2025 season. This partnership …

SEPANG: Tourism Malaysia is excited to welcome Malaysia Airlines’ inaugural flight MH749 from Da Nang, Vietnam, which arrived at Kuala Lumpur International Airport (KLIA) Terminal 1 at 1520 hrs. The launch of this new route marks a significant milestone in expanding connectivity from second-tier Vietnamese cities to Malaysia, presenting a valuable opportunity to attract more tourists while expanding Malaysia Airlines’ …

News Desk DUBAI: Dubai International Chamber, one of the three chambers operating under the umbrella of Dubai Chambers, has successfully supported the expansion of Dubai-based energy drinks company Surge Energy Drink into Azerbaijan. The chamber assisted the company with entering into an agreement to distribute its products in the Azerbaijani market, representing a vital step for the growth of its …