Business & Money | Tuesday 25 March, 2025 11:32 am

Continental celebrates 30-year legacy with 26% premium growth in 2024, expanding total active insurance coverage to $6.9 billion

Continental Group, a leading insurance intermediary and financial services provider, entered its 30th year of operations with significant growth across key metrics in 2024, reinforcing its position as a trusted partner in wealth management and insurance solutions in the Middle East. The company...

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Business & Money | Tuesday 25 March, 2025 11:29 am

KEIR signs SAR 119.5M contract with National Grid SA

Keir International Co. signed today, July 15, a contract with National Grid SA for replacing cable circuits in Riyadh, at a total value of SAR 119.5 million (including VAT). According to a statement to Tadawul, the contract includes replacing the old 132 kV oil-filled underground cable...

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

Saudi banks mulls selling NPLs via securitization deals- Sources

Saudi banks are considering selling non-performing loans (NPLs) through securitization deals, Bloomberg reported, citing sources. The sources suggested that the first major sale could occur this year, creating additional opportunities for lending to support ambitious development initiatives...

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Business & Money | Tuesday 25 March, 2025 11:24 am

DEWA’s General Assembly Approves Dividend Payment of AED 3.1 Billion to Shareholders for H2 of 2024

Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), reported that its shareholders have, in the general assembly held on 21 March 2025, ...

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

Saudi Coffee Company Partners with Halal Products Development Company to Expand Coffee in the Halal Market

The Saudi Coffee Company (SCC) and Halal Products Development Company (HPDC) have announced the signing of a Strategic Cooperation Agreement aimed at enhancing collaboration between the coffee industry and halal sector, expanding access to coffee products through certifications. This strategic ...

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Technology & IT | Monday 24 March, 2025 3:44 pm

Schneider Electric Inks several MoUs to Support Digital Transformation and Sustainability in Saudi Arabia

Schneider Electric, the leader in the digital transformation of energy management and automation, has forged strategic partnership agreements with key entities during the first quarter of 2025. These agreements reflect the company’s commitment to Saudi Vision 2030, accelerating digital...

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Technology & IT | Monday 24 March, 2025 1:45 pm

Celebrate Memorable Ramadan Moments With HONOR Magic7 Pro

With enhanced AI Photography and all-day battery life, the HONOR Magic7 Pro offers various tools and features to make life easier during the holy month (Riyadh, KSA  - 24.03.2025) Ramadan is a month that brings a shift in daily routines, with an emphasis on self-reflection and community....

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Healthcare | Monday 24 March, 2025 12:49 pm

Canadian University Dubai researcher joins WHO initiative to reduce death in childbirth

Associate Professor to consult on roadmap to tackle postpartum haemorrhage Canadian University Dubai (CUD) Associate Professor, Dr. Malcolm Price, has joined a team of experts convened by the World Health Organisation (WHO) to tackle the leading global cause of maternal mortality. The project...

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Culture & Education | Monday 24 March, 2025 12:39 pm

American University in Dubai Partners with the Abdulla Al Ghurair Foundation to Expand Online & Hybrid Learning

Collaboration aims to enhance accessibility and innovation in professional education. The American University in Dubai (AUD) and the Abdulla Al Ghurair Foundation (AGF) have announced a new partnership to enhance online and hybrid learning, strengthening access to quality education for...

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Business & Money | Monday 24 March, 2025 11:32 am

Aramco explores new investment opportunities in China: CEO

Saudi Aramco President and CEO Amin Nasser said the company continues to explore new and additional investment opportunities in China. Nasser pointed out that China represents a large market for Aramco and is a key element in the company's global strategy. He further explained...

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