Business & Money | Thursday 13 March, 2025 11:53 am

Electrical Industries, Tecnicas Reunidas sign SAR 129.4M contract

Electrical Industries Co. announced that one of its subsidiaries, Saudi Power Transformers Co. (SPTC), signed a transformer supply contract worth SAR 129.4 million with Tecnicas Reunidas Saudia for Services and Contracting Co. Ltd. In a statement to Tadawul, the company...

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Business & Money | Thursday 13 March, 2025 11:50 am

Dallah shareholders approve capital hike to acquire AYYAN’s stakes in Al-Ahsa, Al-Salam

Dallah Healthcare Co.’s shareholders approved on March 12 increasing capital from SAR 976.81 million to SAR 1.02 billion by issuing 3.89 million ordinary shares. The capital increase is part of Dallah’s plan to acquire AYYAN Investment Co.'s stakes in Al-Ahsa Medical Services Co. (97.41%)...

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Business & Money | Thursday 13 March, 2025 11:47 am

AMAK joins Industrial Sector Competitiveness Program

Almasane Alkobra Mining Co. (AMAK) joined the Industrial Sector Competitiveness Program by signing an agreement, which includes providing several solutions to help improve the efficiency and types of energy sources used in industrial facilities. The program will contribute to reducing the...

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Business & Money | Thursday 13 March, 2025 11:43 am

Saudi mega projects to see SAR 2.75B in residential real estate spend: Knight Frank

Private buyers in Saudi Arabia are expected to SAR 2.75 billion to buy residential properties with mega projects this year, according to a survey by global consultancy Knight Frank. Saudi citizens are forecast to spend SAR 2.62 billion, while residents will invest SAR 133.7 million, the survey ...

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Business & Money | Thursday 13 March, 2025 11:39 am

Tibbiyah’s unit awarded SAR 493.4M contract by nupco

Arabian International Healthcare Holding Co. (Tibbiyah) announced that Genalive Medical Co., a 50:50 joint venture with BGI, won a tender for 933,782 laboratory tests from National Unified Procurement Co. (nupco), at a total value of SAR 493.4 million. In a statement to Tadawul, Tibbiyah...

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Business & Money | Thursday 13 March, 2025 11:35 am

Diriyah signs SAR 8B deal with 2 companies

Diriyah Co. signed today, July 24, a SAR 8 billion contract to four luxury hotels and the Royal Equestrian and Polo Club in Wadi Safar, Diriyah. This project is part of the master plan for the region, in collaboration with Bawani Co. Ltd. and UrbaCon Trading & Contracting. The...

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Business & Money | Thursday 13 March, 2025 11:22 am

Retal subsidiary, associate sign SAR 166M contract

Retal Urban Development Co.’s subsidiary Building Construction Co. (BCC) signed a contract with Remal Park Fund, an associate firm, to implement the concrete skeletons for the Remal Business Court project in Al Khobar city, according to a statement to Tadawul. The project is valued at SAR...

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Business & Money | Thursday 13 March, 2025 11:07 am

QuestionPro and MarketCulture Partner to Help Companies Drive Customer-Centricity and Business Growth

SAN FRANCISCO – QuestionPro, a global leader in online survey and research services, and MarketCulture, a leading provider of employee and customer engagement tools and analytics, today announced a strategic partnership. This collaboration empowers companies to build and sustain a...

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Business & Money | Thursday 13 March, 2025 10:57 am

A Strategic Event for HR Leaders and Experts to Drive Transformation in the Saudi Workforce Physical conference at Radisson Blu Minhal, Saudi Arabia.

Saudi Arabia, as a developing country, has achieved tremendous progress in changing its human resources development (HRD) sector, but it still faces hurdles in aligning its workforce with the needs of rapid economic growth. Despite recent social and economic reforms, Saudi labour markets continue...

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Business & Money | Thursday 13 March, 2025 10:55 am

Saudi CFO Summit 2025: Navigating Digital Change & Business Growth Physical Conference at Radisson Blu Minhal, Saudi Arabia

CFOs in the digital era do more than just run the financial operations of the organization: They now also sit atop the organization where they lead the charge toward financial digitization. CFOs have an eminent role to play here in driving process standardization and automation efforts and ensuring ...

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