The Sharjah Chamber of Commerce and Industry (SCCI), represented by the Sharjah Exports Development Centre (SEDC), has successfully concluded its trade mission to India by arranging 365 bilateral business meetings.These meetings brought together representatives of companies participating in the...
The Royal Commission for AlUla (RCU) has implemented a partnership with Saudia, the national flag carrier of Saudi Arabia, to display digital content from AlUla FM as part of the airline’s inflight entertainment system, Beyond. Signed by Abdulrahman Altrairi, Chief Communications and PR...
Abu Dhabi Commercial Bank (ADCB) ranked as the top financial institution for customer experience excellence and the second across all sectors in the latest annual survey conducted by KPMG Lower Gulf. According to the KPMG’s annual Customer Experience Excellence (CEE) report: ADCB's rise in...
Alrajhi bank succeeded in offering the first sustainable additional capital (AT1) sukuk denominated in US dollars, with a size of $1 billion and a profit rate of 6.375% annually. The sukuk are the first AT1 issuance from alrajhi bank in the global debt markets In US dollars (as part of an...
The Company for Cooperative Insurance's (Tawuniya) board of directors approved the repurchase of a maximum of 147,435 of the company’s shares, to be allocated for the employee long-term stock incentive plan, according to a statement to Tadawul today, May 12. The buyback will...
Standing out at the recently-held Arabian Travel Market 2024 in Dubai from 6 to 9 May, Taiba Investments, the leading Saudi hospitality company boasting a proven track record in managing, developing, and operating hotels and residential compounds across the Kingdom, announced the signing of a...
The Emirates Group today released its 2023-24 Annual Report, hitting new record profit, revenue, and cash balance levels. Both Emirates and dnata saw significant profit and revenue increases in 2023-24, as the Group expanded its operations around the world to meet strong customer demand for its...
Sahara International Petrochemical Co. (Sipchem) said that its affiliate, Sahara and Ma'aden Petrochemicals Co. (SAMAPCO) signed Islamic facility agreements to refinance its SAR 1.53 billion outstanding syndicated loan with Banque Saudi Fransi and Al Rajhi Bank. These agreements also cover a...
The National Water Company (NWC), represented by the Northwest Cluster, announced the launch of the implementation of 9 water and sanitation projects in different locations in Madinah Region, at a cost of about 500 million Saudi Riyals (SR), in order to increase the coverage of services, increase...
Qualified investors start today, May 12, subscription to 500,000 shares of Horizon Educational Co., which is scheduled to list on the Nomu-Parallel Market at a price range of SAR 54 per share. Shares offered for subscription represent 20% of the post-IPO capital and 25% of the company’s...
