Business & Money | Monday 4 March, 2024 9:56 am

DAN COMPANY AND HILTON SIGN AGREEMENT TO OPERATE DAN’s FIRST THREE RESORTS

Following a signing ceremony during a recent visit to Saudi Arabia by global Hilton leaders, leading global hospitality company Hilton and Dan Company, a Public Investment Fund (PIF) company specializing in agritourism, ecotourism, and adventure tourism signed an agreement with Hilton to...

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Business & Money | Monday 4 March, 2024 9:48 am

Equipment House awarded SAR 75.2M project for King Faisal Specialist Hospital in Madinah

Scientific and Medical Equipment House Co. (Equipment House) received, on March 3, a project award letter to provide non-medical operation and maintenance services for King Faisal Specialist Hospital and Research Center in Madinah, at a value amounting to SAR 75.2 million (including...

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Business & Money | Monday 4 March, 2024 9:29 am

Red Sea subsidiary inks deal with SAB to raise facilities limit by SAR 65M

Red Sea International Co.’s (RSI) subsidiary, Fundamental Installation for Electric Work Co. Ltd., signed an agreement to increase its credit facilities limit with Saudi Awwal Bank (SAB) by SAR 65 million to SAR 196.10 million.   In a statement to Tadawul, the...

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Business & Money | Sunday 3 March, 2024 11:29 am

The 9th edition of the GCC Regulatory Affairs Pharma Summit is set to convene in Dubai in 2024

Themed "Navigate Pharma Regulations with ease & Amplify Commercial Success" this 5 days’ summit will take place at the Mövenpick Grand Al Bustan - Dubai, UAE on April 22-26, 2024, which includes the following events and trainings: - Date: April 22-23 | GCC Regulatory Affairs Pharma ...

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Business & Money | Sunday 3 March, 2024 9:54 am

Zain KSA achieves record annual revenue of SAR 9.9 Billion in 2023

Zain KSA unveiled its 2023 financial results, marking a record annual revenue of SAR 9.9 billion, up from SAR 9.1 billion in 2022, with an impressive 9% growth.  This revenue surge propelled Zain KSA  to achieve its highest-ever annual profit, reaching SAR 1.3 billion,  a remarkable...

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Business & Money | Sunday 3 March, 2024 9:43 am

Minister of Industry & Mineral Resources inaugurates Siemens electrical equipment factory in Saudi Arabia

Siemens and Arabia Electric Limited Equipment Company, its partner in Saudi Arabia, inaugurated its electrical equipment factory in Modon Oasis Jeddah, at a ceremony hosted under the patronage and presence of Mr. Bandar Alkhorayef, Minister of Industry and Mineral Resources. The inauguration...

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Business & Money | Sunday 3 March, 2024 9:23 am

Over 230 global companies have confirmed so far to participate in the ninth edition of the Paper & Tissue One Show

Over 230 global companies have confirmed so far to participate in the ninth edition of the Paper & Tissue One Show, organized by Al Furat Fair Organization for exhibitions and conferences at the Abu Dhabi National Exhibition Centre (ADNEC) for three days from April 16 to 18, under the...

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Business & Money | Sunday 3 March, 2024 9:14 am

MBRSC CELEBRATES 18TH ANNIVERSARY WITH GALA CEREMONY AT MUSEUM OF THE FUTURE

The Mohammed Bin Rashid Space Centre (MBRSC) celebrated its 18th anniversary with a gala ceremony held at the Museum of the Future, in the presence of the Centre’s employees, including the leadership team, engineers and astronauts. The event began with an opening address by H.E. Salem Humaid ...

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Business & Money | Sunday 3 March, 2024 9:08 am

Mastercard partners with Loop to launch innovative payment solutions in Saudi Arabia

Mastercard has partnered with Loop, a leading digital payments technology company licensed by SAMA, to empower businesses and consumers across the Kingdom with greater access to advanced credit card offerings and innovative payment solutions. The partnership will see Loop expand its portfolio, ...

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Business & Money | Sunday 3 March, 2024 9:06 am

Park Avenue III by Azizi Developments reaches 95% construction completion

Azizi Developments, a leading private developer in the UAE, is announcing the 95% construction completion of Park Avenue lll, part of the prestigious Park Avenue project in the highly sought-after MBR City. Scheduled for a Q1 2024 completion, the project comprises 372 homes and 29 retail units ...

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