Business & Money | Monday 27 November, 2023 8:36 am

PIF to invest SAR 4T in real estate development

The Public Investment Fund and its subsidiaries aim to invest about SAR 4 trillion in the Saudi real estate development sector in the next ten years, said Ahmed Al-Shanqiti, head of PIF's National Development Program. Among the key real estate development projects is the Saudi Downtown...

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Business & Money | Sunday 26 November, 2023 12:35 pm

“Jazeera Paints” Participates in The First “Mehnati” Forum for People with Disabilities in Riyadh

“Jazeera Paints”, the leading company in the industry of paints, colors and construction solutions in KSA and MENA, participated in the first Mehnati forum for people with disabilities held at the King Abdulaziz Center for Cultural Communication in Riyadh, and was organized by Sa3ee for the...

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Business & Money | Sunday 26 November, 2023 9:15 am

18th UN Climate Change Conference of Youth ‘COY 18’ set to commence on Sunday at Expo City Dubai

The 18th edition of the United Nations Youth Conference (COY 18) will commence on Sunday, November 26th, at Expo Dubai. The event will be hosted by the Arab Youth Center in Abu Dhabi, in collaboration with the American University of Sharjah (AUS), and the Green House Research Center, affiliated...

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Business & Money | Sunday 26 November, 2023 9:06 am

Bank of Sharjah acts as Joint Lead Manager and Bookrunner in a US$ 350 Million Sukuk Issuance for Ittihad International Investment LLC.

Bank of Sharjah, one of the leading commercial banks in the UAE, remains dedicated to develop and expand its footprint in the local market. Accordingly, the Bank acted as a Joint Lead Manager and Bookrunner in the debut US$ 350 Million 144A/Reg S senior unsecured sukuk for Abu Dhabi based Ittihad...

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Business & Money | Sunday 26 November, 2023 8:47 am

Northern Border Investment Forum to offer opportunities worth SAR 22B

Prince Faisal bin Khalid bin Sultan, Governor of the Northern Borders Province, opens today, Nov. 25, the Northern Border Investment Forum, Saudi Press Agency reported.   The event is organized by the Emirate of Northern Borders Province and the Council of Saudi Chambers in Arar,...

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Business & Money | Sunday 26 November, 2023 8:38 am

Bauxite, aluminum classified among strategic, critical minerals: Almudaifer

The Ministry of Industry and Mineral Resources classified bauxite and aluminum among its strategic and critical minerals, given their significance in the transition to clean energy, said Khalid Almudaifer, Vice Minister of Industry and Mineral Resources.   He told Arab International...

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Business & Money | Sunday 26 November, 2023 8:37 am

Saudi to offer 100 investment opportunities in Northern Borders for SAR 20B: Al Falih

Minister of Investment Khalid Al Falih said the logistic connectivity with neighboring countries to the north, such as Iraq and Jordan, is an attractive investment opportunity. He told the Northern Border Investment Forum, which launched today, Nov. 25, that there are nearly 100 ...

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Business & Money | Sunday 26 November, 2023 8:35 am

ACWA Power says commercial ops launched at UAE Hassyan power complex

ACWA Power Co. received on Nov. 23 the commercial operation certificate from Dubai Electricity & Water Authority (DEWA) as regards the 2,400 MW Hassyan Power Complex, according to a statement to Tadawul.   The last 600 MW power unit followed the other three units at 600 MW each...

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Business & Money | Sunday 26 November, 2023 8:33 am

Saudi Arabia aims to establish logistics zone in Arar: Al-Kassabi

Minister of Commerce Majid Al-Kassabi said the Kingdom ranks among the top 10 developing economies in e-commerce, with total expected revenues of SAR 260 billion by 2025.     During his speech at the Northern Border Investment Forum, Al-Kassabi added that the total orders...

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Business & Money | Saturday 25 November, 2023 7:44 am

6,225 Saudi industrial firms invest $30B in Egypt: Official

A total of 6,225 Saudi industrial businesses are operating in Egypt with $30 billion worth of investments, which reflects their confidence in the Egyptian market, Abdulrahman Altawil, Deputy Minister, Developmental Housing, Municipal and Rural Affairs and Housing said.   Further, 518 ...

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