Aldar Properties (Aldar) has announced a partnership with Siemens to make Saadiyat Grove, an integrated mixed-use project under development in the cultural heart of Abu Dhabi, a leading global example of smart urban living. The agreement was signed today at the World Future Energy Summit (WFES) in...
France-based global rail transport company Alstom signed a contract to upgrade the Innovia automated people mover (APM) system at the King Abdulaziz International Airport (KAIA), Jeddah, according to a company statement. Under the contract, Alstom will provide design, engineering,...
The Training Institute of “Jazeera Paints”, the leading company in the industry of paints, colors, and construction solutions, has launched the first sessions of the "Future Leaders" program for 50 of its employees, in an effort to develop and empower their abilities and skills, as...
Azizi Developments, a leading private real estate developer in the UAE, has announced the accelerated construction of the fourth phase of Riviera, its French Mediterranean-inspired waterfront community strategically located in the highly sought-after Mohammed Bin Rashid City, amid Dubai’s most...
Saudi Basic Industries Corp. (SABIC), BASF and Linde inaugurated today, April 17, the demonstration plant for the world’s first large-scale electrically heated steam cracking furnaces, following three years of development, engineering, and construction works. The regular operation of the...
The Saudi banking sector is expected to achieve a year-on-year (YoY) growth rate of 8-9%, during the first quarter of 2024, buoyed by increased lending activity, enhanced profit margins, and steady deposit costs, Iyad Ghulam, Head of Equity Research at SNB Capital, told Argaam. In his...
Middle East regional technology services company, HITEK, part of the Farnek group of companies, has signed a JV partnership with Virgin Mobile Saudi; a Beyond ONE group company, as the preferred technology partner to enable a joint strategic approach to developing smart cities in Saudi...
Alkhorayef Water and Power Technologies Co. (AWPT) won on April 17 a long-term operation and maintenance contract from National Water Co. (NWC) for sewage treatment plants (Package 7) in Al-Ahsa city. The contract is valued at SAR 1.72 billion, exclusive of VAT, according to a filing to...
DMB (Ducab Metals Business), committed to leading the “hard to abate” aluminium industry into the green economy, today announced the launch of its Green Aluminium Rod offering to its metals portfolio which will be in compliances to EU’s CBAM regulation. DMB uses recycled aluminium to...
As the malware development market continues to flourish with new stealers such as Lumma, for the last three years Redline still remains the dominant data-stealing malware used by cybercriminals. More than half of every device (55%) targeted by password-stealer attacks in 2023 has been infected with ...