14 Muharram 1446 - 20 July 2024
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Eye of Riyadh

KSA records SAR 605B real estate deals post brokerage law
Business & Money | Friday 19 July, 2024 3:49 pm
The number of real estate transactions grew by nearly 17% to 3.5 million at a total value of more than SAR 605 billion within a year from implementing the Real Estate Brokerage Law, said Abdullah Al-Hammad, CEO of the Real Estate General Authority (REGA).   During his opening speech...
NWC launches the implementation of 3 projects in the Northern Border Region at a cost of SR +127 million
Business & Money | Friday 19 July, 2024 12:19 am
The National Water Company (NWC), represented by its Northern Cluster, has started the implementation of 3 water projects in the cities of Arar and Rafha in the Northern Border Region. The projects include a project of main water lines and sub-networks in the city of Arar at a total cost of more...
HONOR Launches the HONOR 200 Series in The Middle East Region and Unveils the Future of AI Portrait Photography
Technology & IT | Thursday 18 July, 2024 11:10 am
 HONOR, the global technology brand, launched regionally yesterday the all-new HONOR 200 Series at a spectacular launch event in Dubai. The series introduces two cutting-edge models, the HONOR 200 Pro and HONOR 200, promising to reshape the smartphone experience & portrait photography with ...
Saudi Azm signs services contract with NCGR
Technology & IT | Thursday 18 July, 2024 10:00 am
Saudi Azm for Communication and Information Technology Co. signed a contract with the National Center for Government Resource Systems (NCGR) to provide managed services for activating government resource systems and managing knowledge and change, the company said in a statement on...
Disparity in cyber protection between head office and branches concerns 48% of geo-distributed companies in KSA
Technology & IT | Thursday 18 July, 2024 7:59 am
According to the latest Kaspersky study, more than half of geo-distributed businesses (48%) in KSA identified a disparity between the levels of cyber protection across all sites:  30% of these companies admitted this problem but didn't think it was critical, the remaining 18% stated their...
Growth in MEA's office and education sectors unfolds positive outlook for paper and stationery products
Business & Money | Thursday 18 July, 2024 7:49 am
The expansion of the office and education sectors in the Middle East and Africa (MEA) is driving significant growth in the paper products sector, according to findings from 6W research. They estimate that market revenues for paper and paper products will reach US$16.4 billion by 2030, growing at a...
Cityscape Egypt 2024:  The Largest Edition to Date, Set to Run from September 25 to 28
Business & Money | Wednesday 17 July, 2024 3:58 pm
Featuring the Return of the Cityscape Conference with Key Decision-Makers Supporting Real Estate Sector Development Informa Markets, a globally renowned leader in organizing exhibitions, has unveiled plans for the largest edition of Cityscape to date. The 13th edition of this premier event is...
Saudi Re gets regulatory approval on capital hike
Business & Money | Wednesday 17 July, 2024 11:17 am
Saudi Reinsurance Co. (Saudi Re) has received the approval of the Insurance Authority on the capital increase, while suspending the pre-emptive rights. The Public Investment Fund (PIF) will fully subscribe to the new shares, bringing its ownership in the company to 23.08% after the capital...
Jadwa Investment acquires majority stake in Tikkaway Restaurants in Saudi Arabia
Business & Money | Wednesday 17 July, 2024 11:15 am
Jadwa Investment has announced its latest private equity investment in the food and beverage (F&B) industry by acquiring a majority stake in Tikkaway Restaurants, marking Jadwa's first acquisition in the Kingdom’s restaurant sector.   In a statement to Argaam, the company...
Tibbiyah’s subsidiary wins 2 contracts worth SAR 198.7M with NUPCO
Business & Money | Wednesday 17 July, 2024 11:14 am
Arabian International Healthcare Holding Co.’s (Tibbiyah) subsidiary, International Medical Supplies Co. (Premma Health), won two supply-upon-request contracts worth SAR 198.69 million with National Unified Procurement Co. (NUPCO). In a statement to Tadawul, Tibbiyah said Premma Health will...