18 Muharram 1446 - 24 July 2024
Sign up for newsletter
Eye of Riyadh

Edarat awarded SAR 7.1M project by Almaviva
Business & Money | Tuesday 23 July, 2024 1:55 pm
Edarat Communication and Information Technology Co. was awarded today, July 21, a project by Almaviva Saudi Arabia for Information Technology for a period of five and a half years at a value of SAR 7.14 million (inclusive of VAT), according to a statement to Tadawul. Under the contract,...
Over million smart water metres in Dubai with 100% installation rate: DEWA
Business & Money | Tuesday 23 July, 2024 1:41 pm
Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA has achieved 100% installation of smart water metres in Dubai, meeting the growing demand for water services. By the start of June 2024, DEWA had installed over one million smart metres...
ADNOC L&S Joint Venture awards $1.9 billion in contracts for very large ethane, ammonia carriers
Business & Money | Tuesday 23 July, 2024 1:39 pm
ADNOC Logistics and Services plc today announced that AW Shipping, its joint venture with Wanhua Chemical Group, has awarded shipbuilding contracts to Jiangnan Shipyard in China, priced at approximately $1.9 billion (AED7 billion) in total. The contract for the construction of nine Very Large...
Sanad, Rolls-Royce to foster future aviation leaders
Business & Money | Tuesday 23 July, 2024 1:37 pm
Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Mubadala, has collaborated with Roll Royce, a global leader and manufacturer in the aerospace industry, focused on nurturing the next generation of leaders in the aviation sector. The agreement was signed at...
Armah signs lease to develop, operate 2 fitness clubs in Jeddah
Business & Money | Tuesday 23 July, 2024 10:47 am
Armah Sports Co. signed on July 22 a lease for a building on Makkah Road, Jeddah, to develop and operate two fitness clubs, according to a statement to Tadawul. The 15-year contract was signed for an average annual lease of SAR 3.64 million, SAR 54.62 million excluding VAT). The contract...
Alshaya Group and Mastercard partner to drive growth of GCC’s retail sector through Aura loyalty programme co-brand launches
Business & Money | Tuesday 23 July, 2024 10:01 am
 Alshaya Group, one of the leading international retail franchise operators, has partnered with Mastercard to expand its award-winning loyalty programme, Aura. The partnership, which will see the launch of an Aura co-branded credit card in multiple markets over the next two years including...
Emirates Integrated Telecommunications Company PJSC  Reports its Q2 2024 Results
Business & Money | Tuesday 23 July, 2024 9:38 am
Emirates Integrated Telecommunications Company PJSC announced its financial results for Q2 2024. Revenues increased by 7.3% to AED 3.6 billion demonstrating our strong product offerings. EBITDA increased by 3.2% to AED 1.6 billion reflecting the top line growth. Net Profit reached AED 581 million,...
Dubai Customs with Indonesian delegation discuss ways to boost the Comprehensive Partnership Agreement
Business & Money | Tuesday 23 July, 2024 8:41 am
As part of maintaining a fruitful and distinguished relationship between the United Arab Emirates and the Republic of Indonesia, Dubai Customs received a high-level Indonesian delegation headed by H.E. Hussein Bajis, Ambassador of the Republic of Indonesia to the UAE, and group of Indonesian...
TEMU Affiliate Program 2024: Earn Up to SAR 400,000 a month!
Business & Money | Tuesday 23 July, 2024 5:53 am
Hey there, my friend!I've got to tell you about this awesome online shopping site I've been hoked on recently – it's called Temu. It's super cool, with a ton of products ranging from fashion to home goods, and everything is so affordable! I think you'll love it, especially if you're into finding...
World Green Economy Summit: Global platform supporting transition to green, sustainable economy
Business & Money | Monday 22 July, 2024 10:02 am
Held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, the World Green Economy Summit (WGES), launched 10 years ago, has consolidated its position as a cornerstone for achieving the sustainable development goals and the...