Business & Money | Wednesday 5 March, 2025 8:00 am

SAR 8.5B deals signed with private sector for Jubail-Buraydah IWTP

Abdulrahman Al-Fadhli, Minister of Environment, Water and Agriculture and Chairman of Saudi Water Partnership Co. (SWPC), signed today, March 4, several agreements for the construction of the Jubail-Buraydah independent water transmission pipeline (IWTP) project with a consortium of Aljomaih Energy ...

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Business & Money | Wednesday 5 March, 2025 8:00 am

SGS wins SAR 500M ground-handling contract from Riyadh Air

Saudi Ground Services Co. (SGS) won a bid from Riyadh Air to provide ground-handling services for three years, starting from March 1, 2025, subject to extension for an additional two years. Under the SAR 500 million contract, SGS will provide ground-handling services for all Riyadh Air...

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Business & Money | Wednesday 5 March, 2025 8:00 am

FHS Saudi Arabia launches NextGen Investment Forum to help deliver KSA’s future leaders in hospitality

The Future Hospitality Summit Saudi Arabia, taking place in Riyadh, 11-13 May, will host the region’s first NextGen Investment Forum to address the challenges – and opportunities – surrounding education, training and talent retention in KSA’s growing hospitality sectors. Investing in...

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Business & Money | Wednesday 5 March, 2025 8:00 am

Almuneef buys land in Al-Kharj for SAR 8.7M

Almuneef Company for Trade, Industry, Agriculture and Contracting purchased an 8,144.53-square-meter land plot in Al-Rifayah district, Al-Kharj governorate, for SAR 8.7 million, excluding real estate transaction tax and brokerage fees, as part of its expansion strategy. The self-financed deal...

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Business & Money | Wednesday 5 March, 2025 7:59 am

Seera Group Delivers Strong Operational Performance, with an 18% Year-on-Year Growth in Adjusted EBITDA in FY 2024

Riyadh, Saudi Arabia – 4 March 2025 – Seera Group Holdings (Tadawul: 1810) today announced its financial results for the year ending 31 December 2024, reflecting continued progress in executing its strategic vision while maintaining strong operational performance. The Group achieved an 18%...

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Business & Money | Tuesday 4 March, 2025 12:27 pm

UAEAA, ICAC sign MoU to deepen anti-corruption cooperation

The UAE Accountability Authority (UAEAA) has signed a Memorandum of Understanding (MoU) with the Independent Commission Against Corruption (ICAC) of the Hong Kong Special Administrative Region, as part of its efforts to strengthen international cooperation in combating corruption and enhancing...

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Business & Money | Tuesday 4 March, 2025 12:24 pm

Ministry of Economy’s NextGen FDI programme, Schneider Electric partner to scale climate-tech start-ups in UAE

The Ministry of Economy has announced that Schneider Electric has become a strategic partner in its NextGen FDI initiative, which seeks to attract pioneering global companies to the UAE. The partnership will be aimed at attracting, mentoring and scaling high-potential start-ups in the...

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Business & Money | Tuesday 4 March, 2025 12:23 pm

SAIF Zone receives high-level Indian delegation to boost investments in gold & jewellery sector

The Sharjah Airport International Free Zone (SAIF Zone) has received a high-level delegation from India, with more than 60 members representing leading companies in the gold and jewellery sector. During the visit, the delegation explored the state-of-the-art services and infrastructure that...

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Business & Money | Tuesday 4 March, 2025 12:21 pm

DEWA, Parkin support future of electric vehicles with new charging stations in Q1 2025

Parkin Company PJSC (Parkin), the largest provider of paid public parking facilities and services in Dubai, announced an update to its electric vehicle (EV) charging partnership with Dubai Electricity and Water Authority (DEWA). As part of the first phase of this sustainability initiative, DEWA...

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Business & Money | Tuesday 4 March, 2025 12:19 pm

Over 15,000 Chinese companies operating in UAE markets: Minister of Economy

Investopia 2025 hosted a new edition of the China-Arab Entrepreneurs Summit, under the theme “Seizing New Opportunities,” in the presence of Abdullah bin Touq Al Marri, Minister of Economy and Chairman of Investopia; Jean-Pierre Raffarin, Co-Chairman of Sino-International Entrepreneurs...

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