Business & Money | Tuesday 25 February, 2025 11:31 am

UAE, Italy sign three investment memoranda to facilitate cooperation in pharmaceuticals, minerals, data centres, AI

The Ministry of Investment has signed three Memoranda of Understanding (MoUs) with the Republic of Italy to support mutual investments and strengthen cooperation in pharmaceuticals, minerals, as well as data centres and artificial intelligence (AI). Respectively, these agreements establish a...

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Business & Money | Tuesday 25 February, 2025 11:26 am

Shalfa signs SAR 162 contract with Presidency of State Security

Shalfa Facilities Management Co. signed on Feb. 24 a 60-month contract with the Presidency of State Security worth SAR 162 million, the company said in a statement to Tadawul. The contract entails providing operation, maintenance and cleaning works for the administrative buildings...

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Business & Money | Tuesday 25 February, 2025 11:21 am

Al Ashghal Al Moysra awarded 2 project worth SAR 11.1M

Al Ashghal Al Moysra Co. won on Feb. 24 a SAR 6.6 million project from the National Center for the Prevention and Control of Plant Pests and Animal Diseases (Weqaa Center). According to a statement to Tadawul, the company pointed out that the contract is expected to be signed on March...

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Business & Money | Tuesday 25 February, 2025 11:19 am

Jarir opens new SAR 41M showroom in Jubail

Jarir Marketing Co. opened today, Feb. 24, a new showroom in Al-Fanateer neighborhood in Jubail Industrial City, replacing its previous showroom in Al-Huwailet in Jubail. In a statement to Tadawul, the company said the showroom investment totaled SAR 41 million, noting that its financial...

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Business & Money | Tuesday 25 February, 2025 11:16 am

Equipment House subsidiary receives favorable ruling, NUPCO ordered to pay SAR 61.2M

Scientific and Medical Equipment House Co. (Equipment House) stated that Riyadh Commercial Court affirmed the initial ruling issued in the lawsuit filed by its wholly-owned subsidiary, Protecta Visions Co. against National Unified Procurement Co. (NUPCO). In a filing to Tadawul, the court...

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Business & Money | Tuesday 25 February, 2025 10:28 am

5 Tips for First-Time Apartment Renters in Kuwait

Renting a property for the first time can be an exhilarating yet challenging experience. Kuwait's rental market is dynamic and offers a myriad of choices for potential tenants. Being well-informed is crucial for anyone looking to make the most of their renting journey. The rental market in...

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Business & Money | Tuesday 25 February, 2025 10:07 am

Takwene Becomes MENA’s First Record Label to Feature a Dolby Atmos Music Studio

This collaboration sets a new benchmark among music labels in the region for immersive audio production.Dubai, UAE - In a bold move set to redefine the landscape of audio production in the MENA region, Takwene—a leading digital content distributor, independent record label, music publisher, and...

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Business & Money | Monday 24 February, 2025 4:50 pm

Global experts and policymakers convene at KPMG’s Public Sector Excellence Forum 2025 in Riyadh

Public sector officials, industry experts, and policymakers gathered in Riyadh for the Public Sector Excellence Forum 2025, hosted by KPMG MiddleEast. Under the theme, "Governing with impact: Delivering public value," the forum explored leadership, technology, sustainability, and risk resilience,...

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Business & Money | Monday 24 February, 2025 12:48 pm

Big 5 Construct Saudi opens second week, spotlighting interiors, fit-out and sustainable urban solutions

The second week of Big 5 Construct Saudi 2025 officially opens its doors today running until 27 February at the Riyadh Front Exhibition and Conference Center at Roshn Front. As the Kingdom's largest construction event extends its new two-week format, the second week will focus on the finishing and...

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Business & Money | Monday 24 February, 2025 12:30 pm

Rawasi Albina signs SAR 23.7M contract with NWC

Rawasi Albina Investment Co. signed today, Feb. 20, a contract worth SAR 23.66 million (VAT inclusive) with National Water Co. (NWC), according to a Tadawul statement. Under the 36-month contract, the company will undertake the water networks rehabilitation in Tabuk. The relevant...

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