11 Sha'aban 1445 - 22 February 2024
    
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Eye of Riyadh

Lucid’s Q4 revenue below estimates, raises production target in 2024
Cars & Autos | Thursday 22 February, 2024 1:34 pm
Lucid Group reported quarterly losses as revenue declined due to weak consumer demand for electric vehicles (EVs) but expects production to increase to 9,000 EVs in 2024.   The American EV maker's business results showed a net loss of...
New Murabba Development Company Showcases Innovation and Earns Industry Recognition at Restatex 2024
Business & Money | Thursday 22 February, 2024 12:52 am
New Murabba Development Company (NMDC), concluded a successful participation at the 2024 Restatex exhibition, one of Saudi Arabia’s largest real estate conference. The company’s participation marked by its Chief Executive Officer, Michael Dyke, receiving the prestigious "Partner Shield"...
The Teal HR team will showcase its employee motivation and engagement solution at the HR Tech MENA Summit in Dubai
Business & Money | Wednesday 21 February, 2024 6:57 pm
The leaders of the HR industry in the Middle East will meet at the HR Tech MENA Summit organized in Dubai. The Teal HR team will showcase its employee motivation and engagement solution at the summit. Dubai - Teal HR, the personnel motivation and engagement platform, will attend the HR Tech...
NTT DATA and Beyond ONE forge strategic partnership for SAP® S/4HANA Public Cloud implementation
Business & Money | Wednesday 21 February, 2024 6:49 pm
Beyond ONE™  collaborates with NTT DATA to implement  RISE with SAP S/4HANA Public Cloud,
enhancing operational efficiency and customer experience in the  digital services and telecommunications sector Dubai –  NTT DATA Business Solutions is delighted to announce its...
BruntWork's Strategic Expansion of VA Services Meets Rising Demand from Lawyers
Business & Money | Wednesday 21 February, 2024 6:38 pm
(New York, USA / Feb. 7, 2024) — Responding to a significant shift in the legal industry, BruntWork, a leader in outsourcing solutions across various industries, is expanding its virtual assistant (VA) services. This move addresses the growing adoption of virtual operations by law firms aiming to ...
NHC signs 6 agreement to develop 3,800 residential units in Riyadh
Business & Money | Wednesday 21 February, 2024 9:06 am
National Housing Co. (NHC) signed six agreements with real estate developers at a total value of more than SAR 2 billion to develop and build over 3,800 residential units.   According to NHC, the price of these units starts from SAR 475,000 in Al-Assalah Community, in the southwest...
Saudi market draws SAR 400B foreign investments: El-Kuwaiz
Business & Money | Wednesday 21 February, 2024 9:04 am
The Saudi stock market drew foreign investments of nearly SAR 400 billion, said Chairman of the Capital Market Authority (CMA) Mohammed El-Kuwaiz.   In a panel discussion at the Saudi Capital Market Forum (SCMF) 2024, El-Kuwaiz said this figure represents nearly 12% of ...
Tadawul Group’s 5-yr plan prioritizes data monetization, securities diversification: CEO
Technology & IT | Wednesday 21 February, 2024 12:04 am
Saudi Tadawul Group prioritizes investing in data monetization, diversifying the range of securities offered, and enhancing communication in its growth strategy for the next three to five years, said CEO Khalid Al-Hussan.   At a session during the Saudi Capital Market Forum (SCMF)...
Alat announces four partnerships with leading global companies to rapidly progress technology manufacturing
Business & Money | Tuesday 20 February, 2024 12:31 pm
Alat, an innovative company focused on transforming global industries (electronics and industrials) and creating a world-class manufacturing hub in the Kingdom of Saudi Arabia, today announced four global partnerships with leading technology companies, Softbank Group, Carrier Corporation,...
Saudi Arabia ranks 1st on ESCWA’s government electronic and mobile services maturity index 2023
Business & Money | Tuesday 20 February, 2024 9:40 am
Saudi Arabia ranked first on the government electronic and mobile services maturity index (GEMS) 2023, issued by the UN Economic and Social Commission for Western Asia (ESCWA). The Kingdom maintained its leading position for the second consecutive time, with a maturity of 93%. ...
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