Latest news with #205
AU Financial Review
28-04-2025
- Automotive
- AU Financial Review
Jeff Bezos-backed start-up launches $30,000, US-made electric pickup
Austin | A Jeff Bezos-backed start-up aims to appeal to American car buyers' patriotism and wallets. Slate Auto plans to debut a small, electric-powered, American-made pickup for less than $US20,000 ($31,310) with federal subsidies. The bare bones, two-seater truck is designed to make a splash in a market where demand for electric vehicles has softened. The lessening demand is due in part to high prices that data group Cox Automotive estimates averaged $US59,205 in March, 25 per cent more than a petrol vehicle.
Sharjah 24
23-04-2025
- Business
- Sharjah 24
GPSSA: Pension payments to be disbursed Friday 25th April 2025
The amount is higher than the amount disbursed on the same month of last year The amount is AED56,205,228 higher than the amount disbursed on the same month of last year, during which pension disbursements were recorded to amount to AED768,806,656.82. A total number of 49,706 pensioners and beneficiaries A total number of 49,706 pensioners and beneficiaries will benefit from the pension payments this month, with a recorded increase of 1,762 pensioners and beneficiaries compared to the same month last year, during which approximately 47,944 customers benefited. The pension payments disbursed include civilians subject to the laws implemented by the GPSSA, as well as pensioners and beneficiaries whose files are managed by the GPSSA on behalf of the Ministry of Finance, in accordance with the pension laws applicable to them.
Al Etihad
23-04-2025
- Business
- Al Etihad
April pension payments to be disbursed on Friday: GPSSA
23 Apr 2025 12:32 ABU DHABI (WAM)The General Pension and Social Security Authority (GPSSA) will disburse Dh825,011,884.41 in pension payments to pensioners and beneficiaries on Friday April amount marks an increase of Dh56,205,228 compared to April 2024, when pension disbursements stood at Dh768,806,656.82.A total of 49,706 pensioners and beneficiaries will benefit from the pension payments this month, with a recorded increase of 1,762 pensioners and beneficiaries compared to the same month last year, during which approximately 47,944 customers benefited. The pension payments disbursed include civilians subject to the laws implemented by the GPSSA, as well as pensioners and beneficiaries whose files are managed by the GPSSA on behalf of the Ministry of Finance, in accordance with the pension laws applicable to them.
Express Tribune
27-03-2025
- Business
- Express Tribune
Gold prices hit record high in global, local markets
Listen to article Gold prices surged to record highs in both international and domestic markets on Thursday, driven by continued investor interest and global economic uncertainty. According to market reports, the international bullion rate rose by $31 per ounce, taking the price to $3,052, its highest level to date. In response, gold prices in Pakistan also witnessed a sharp rise. The price of 24-karat gold per tola increased by Rs3,200, reaching an all-time high of Rs321,000. Meanwhile, the rate for 10 grams of gold rose by Rs2,743, hitting Rs275,205. Bullion traders attributed the surge to strong demand, inflation concerns, and currency fluctuations. The local market continues to mirror global trends, with buyers seeking gold as a safe-haven asset.
Zawya
18-03-2025
- Business
- Zawya
Badreldin teams up with IHG to launch West Cairo's tallest towers
Badreldin Group, a leading player in Egypt's real estate sector, has joined hands with InterContinental Hotel Group, for the launch of West Cairo's tallest towers. Rising 150m tall with 40 storeys, these landmarks will redefine the Egyptian capital's skyline. The towers will feature hospitality, residential and office spaces – complemented by top-class amenities such as dedicated concierge services, conference rooms, co-working spaces, health and wellness facilities and a dynamic podium with retail and F&B offerings. The launch comes at a time when Badreldin Group is celebrating its 50 years of experience and real estate excellence in the Egyptian market. Over the past five decades, the group has reshaped Egypt's urban landscape through a transformative portfolio spanning over 1.9 million sqm of pioneering projects, including Arkan Plaza and the Karma Communities. In 2020, the group partnered with Arkan to establish Arkan Palm Developments, bringing to life the groundbreaking 205 project. Designed as a vibrant hub for residents and businesses alike, the project features upscale serviced residences, world-class hotels managed by InterContinental by IHG Hotels and property management by Savills Egypt, a dynamic financial district, a cutting-edge medical park led by Al Safa Hospital, and the charming Canal Walk Residence neighborhood. Standing at the heart of 205's next chapter, the three high-rise towers will reshape West Cairo's skyline and establish a new precedent for architectural innovation in Egypt. The group embarks on a bold new chapter with its flagship project, 205, set to transform West Cairo into a vibrant hub for business, lifestyle, and innovation. The milestone event featured a breathtaking orchestral performance by international soprano Fatma Said, accompanied by conductor Marcus Merkel and developed by RMC – showcasing the group's dedication to blending art, culture, and innovation into its vision for the future. The gala also marked the unveiling of a bold new chapter for 205 by Arkan Palm Developments, the group's flagship project in Sheikh Zayed. A Badreldin Company, Arkan has emerged as a pioneering mixed-use real estate developer in Egypt, setting new benchmarks in the industry. The group's flagship destination, Arkan Plaza, serves as a visionary landmark and the heartbeat of Sheikh Zayed's community spirit. Located in the heart of Zayed City, Arkan Plaza has quickly become a commercial hub, redefining the way people work, dine, and socialize in West Cairo. The group's prime project, 205 represents a new center of gravity along the 26th of July corridor, offering a vibrant mix of residential and commercial spaces tailored for modern living, it stated. "It will soon introduce three architectural marvels that will redefine the city's skyline. The towers will feature hospitality, residential, and office spaces - complemented by world-class amenities such as dedicated concierge services, conference rooms, co-working spaces, health and wellness facilities and a dynamic podium with retail and F&B offerings," remarked its Founder and President Mamdouh Badreldin. Envisioned as 'The World in One Location,' this mixed-use destination will feature three hotels managed by InterContinental Hotel Group. Designed as a fully integrated vertical compound, the towers will establish 205 as West Cairo's premier hub for business, lifestyle, and luxury living – setting a new standard for urban excellence, he added. Badreldin said: "Our steadfast commitment to creating spaces that uplift communities and drive business success is stronger than ever." "The developments at 205 mark a bold step forward, reaffirming our vision to shape the future of West Cairo, enhance our legacy, and usher in a new era of progress and innovation for generations to come," he stated. Looking ahead, Badreldin said the developer remains dedicated to shaping Egypt's urban future through visionary developments that reflect its commitment to innovation, sustainability, and community well-being. With 205 positioned as a transformative project, the group is set to further cement its legacy as a leader in the real estate sector and redefine the standard for modern urban living in West Cairo and beyond, he added. - TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
