Business & Money | Wednesday 29 May, 2024 10:28 am

Lenovo collaborates with PIF’s Alat to issue bonds, set up regional hub

Lenovo Group signed a strategic collaboration framework agreement and a bond subscription agreement with Alat, a Public Investment Fund (PIF) company, the Chinese firm said in a statement today, May 29.   The collaboration includes Lenovo’s plans to establish its regional Middle...

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Business & Money | Wednesday 29 May, 2024 9:07 am

GAS signs 2 contracts worth SAR 761M with Aramco

GAS Arabian Services Co. (GAS) signed on May 29 two contracts with Saudi Arabian Oil Co. (Saudi Aramco) at a total value of SAR 761 million, excluding VAT. In two separate statements to Tadawul, GAS said the first engineering, procurement and construction (EPC) is for the Master Gas System...

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Business & Money | Wednesday 29 May, 2024 9:06 am

Real Estate Market records over SAR 538.9B deals YTD: Justice Ministry

Saudi Arabia’s Real Estate Market recorded more than SAR 538.9 billion worth of deals year to date, Al-Eqtisadiah newspaper reported, citing the Ministry of Justice. A total of 244,000 transactions have been executed including registrations, the consolidation and sorting of real estate...

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Business & Money | Tuesday 28 May, 2024 1:48 pm

ROSHN Partners with SIMAH to Boost Transparency and Enable More Home Ownership Across the Kingdom

ROSHN Group, a national real estate developer and PIF-owned giga-project, said in a press release issued today that it had signed an agreement with the Saudi Credit Bureau (SIMAH) to access credit rating services, boost transparency, and improve its customers’ house purchasing experience.As per...

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Government | Tuesday 28 May, 2024 1:32 pm

Minister of Economy and Planning Meets OFID's Director General

Minister of Economy and Planning, Faisal bin Fadhil Alibrahim, met with the Director General of the OPEC Fund for International Development (OFID), Dr. Abdulhameed Abdulhamid Al Khalifah, during his official visit to the Republic of Austria.During the meeting, they discussed issues of mutual...

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Technology & IT | Tuesday 28 May, 2024 12:54 pm

Unveiling the Power of Portrait Photography and AI on the HONOR 200 Lite

 When searching for a new smartphone, it's often a challenge to find one that excels in both camera quality and user experience. However, with the HONOR 200 Lite, it seems we've discovered a rare gem that seamlessly combines top-notch camera features with an intuitive interface. This device...

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Environment & Energy | Tuesday 28 May, 2024 12:48 pm

The 6th Edition of the Smart Built Environment Forum KSA Brings Forth Serious Discussions

The 6th Edition of the Smart Built Environment Forum (SBEF) KSA 2024, held yesterday at the Riyadh Marriott, marked a significant milestone in the built environment sector. The event brought together industry leaders, visionaries, and innovators from across the globe and was a resounding success,...

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Business & Money | Tuesday 28 May, 2024 11:31 am

Al Akaria says CEO Ibrahim Alalwan resigns

Saudi Real Estate Co.’s (Al Akaria) board of directors approved, on May 27, the resignation of Chief Executive Officer (CEO) and Managing Director Ibrahim Alalwan, as of July 31, due to personal reasons. Alalwan will continue to hold his board membership, the company said in a Tadawul filing ...

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Business & Money | Tuesday 28 May, 2024 11:29 am

Mohamed Alabbar Reveals Spectacular Music, Colour, and Fire Plaza at Dubai Square, Powered by Cutting-Edge Chinese Technology

Emaar Properties has revealed its plans for The Music, Colour, and Fire Plaza at Dubai Square in Dubai Creek Harbour. This innovative addition highlights Dubai’s commitment to cutting-edge design and creating remarkable urban experiences. Surrounding the upcoming Dubai Creek Tower, the plaza ...

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Business & Money | Tuesday 28 May, 2024 11:28 am

“SADAFCO” Announces Signing a Long-term Lease with Saudi Authority for Industrial Cities and Technology Zones (Modon) in Jazan

Saudia Dairy and Food Stuff Company (SADAFCO), a manufacturer, seller, and distributor in the food sector in the Kingdom of Saudi Arabia, announced that it has signed a long-term lease contract with the Saudi Authority for Industrial Cities and Technology Zones (Modon) in the city of Jazan for an...

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