Business & Money | Wednesday 1 May, 2024 9:01 am

ROSHN Signs Pledge to Become a Saudi Sustainability Champion

ROSHN Group, the PIF-owned giga-project and Saudi Arabia’s most trusted real estate developer, has become one of the first ‘Saudi Sustainability Champions’ after signing a high-level pledge at the World Economic Forum. The initiative, which is led by the Ministry of Economy and Planning, aims ...

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Tourism & Hospitality | Wednesday 1 May, 2024 8:56 am

LEVA Hotels Debuts in Riyadh with Luxury 5-Star Property

In collaboration with their local partners Siraj Holdings, UAE-headquartered hospitality brand LEVA Hotels celebrates a significant milestone with the signingof its newest property, a luxe 5-star hotel boasting 134 keys, nestled in the bustling heart ofRiyadh, Al Olaya.In an exclusive partnership...

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Cars & Autos | Tuesday 30 April, 2024 5:38 pm

FAMCO KSA Allies with World-Leading Truck & Bus Manufacturer to Serve The Thriving Commercial Mobility Industry in Riyadh

Riyadh, Saudi Arabia - A ground-breaking alliance that propels Al-Futtaim Auto & Machinery (FAMCO) KSA to the forefront of Saudi Arabia's commercial vehicle landscape. FAMCO KSA has inked a strategic partnership with Ashok Leyland, a global giant and the fourth largest bus manufacturer...

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Environment & Energy | Tuesday 30 April, 2024 2:08 pm

Saudi Arabia to cut electricity production cost to maintain competitiveness: Minister

Saudi Arabia is committed to reducing the cost of electricity production, and lowering the cost curve, in order to maintain competitiveness, Prince Abdulaziz bin Salman, Minister of Energy, said. Addressing a session entitled “Advancing Carbon Capture Innovations and Its Uses in Global...

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Government | Tuesday 30 April, 2024 2:04 pm

Saudi economy ‘very healthy’, non-oil activities highly promising: Alibrahim

Saudi Arabia’s economy is very healthy, and growth in non-oil activities is very promising, Faisal Alibrahim, Minister of Economy and Planning, told Asharq News on the sidelines of the World Economic Forum (WEF) in Riyadh. There are new contributors to the non-oil sector growth, with...

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Technology & IT | Tuesday 30 April, 2024 1:39 pm

ICM.com and Swisspod Forge Partnership to Innovate The Future of Hyperloop

ICM.com, a UK-based leading global multi-regulated financial service provider, and Swisspod Technologies, a Swiss-American company pioneering Hyperloop technology, announce a strategic partnership marking a significant step towards revolutionizing global transportation. Shoaib Abedi, Founder...

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Government | Tuesday 30 April, 2024 1:27 pm

UAE Ministry of Finance Participated in 2024 IsDB Group Annual Meetings

The UAE Ministry of Finance participated in the 2024 Islamic Development Bank (IsDB) Group Annual Meetings held from 27 to 30 April 2024 in Riyadh, KSA. This year’s annual meetings coincided with the Golden Jubilee of IsDB, marking the Bank’s 50th anniversary since its establishment. The...

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Business & Money | Tuesday 30 April, 2024 1:22 pm

Emirates Integrated Telecommunications Company PJSC Reports its Q1 2024 Results

Emirates Integrated Telecommunications Company PJSC published today its financial results for Q1 2024. Revenues increased by 4.1% to AED 3.58 billion reflecting our continuous commercial momentum and market competitiveness. EBITDA soared by 16.2% to AED 1.59 billion reflecting top line growth,...

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Business & Money | Tuesday 30 April, 2024 11:03 am

Alkhorayef signs SAR 1.7B O&M contract with NWC

Alkhorayef Water and Power Technologies Co. (AWPT) signed a long-term operation and maintenance (O&M) contract with National Water Co. (NWC) to develop sewage treatment plants in Al Ahsa, according to a statement to Tadawul.   The contract will extend for 15 years...

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Business & Money | Tuesday 30 April, 2024 10:20 am

RUA AL MADINAH HOLDING SIGNS AGREEMENT WITH HILTON TO OPEN THREE HOTELS AT RUA AL MADINAH PROJECT

Rua Al Madinah Holding has signed an agreement with Hilton to open three hotels comprising of over 1600 keys at Rua Al Madinah mega-project, including Conrad Rua Al Madinah, DoubleTree by Hilton Rua Al Madinah, and Hilton Garden Inn Rua Al Madinah.  Located at the area east of Al Masjid...

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