Environment & Energy | Wednesday 24 April, 2024 10:17 am

Abu Dhabi Welcomes Careem’s Eco-Friendly Rides after offsetting more than 200 Tonnes of CO2e since launch

 CarbonSifr, a pioneering climate-tech company in the Middle East, and Careem Rides, facilitating everyday reliable and convenient commuting options for the region through the Careem app, are announcing on Earth Day the availability of Careem’s Eco-friendly car type in Abu...

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Business & Money | Wednesday 24 April, 2024 10:08 am

DIRIYAH COMPANY ANNOUNCES ZALLAL, DIRIYAH’S FIRST MIXED-USE COMMERCIAL OFFICE AND RETAIL OFFERING

Diriyah Company today has announced details of Zallal, its first major mixed-use commercial office and retail project that is set to open in the first half of 2025 in the Bujairi District. Construction is now well underway and when completed will include two low-rise office buildings with a...

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Tourism & Hospitality | Wednesday 24 April, 2024 9:39 am

LPM Restaurant & Café Riyadh Indulges in Seasonal Delights with the New Business Lunch Experience

LPM Restaurant & Café Riyadh, renowned for its unique French-Mediterranean culinary offerings, is excited to announce the launch of fresh seasonal additions to its Business Lunch menu, now available to guests, Sunday through Thursday from 12:30 PM to 3:30 PM.   Honoring the rich ...

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Tourism & Hospitality | Wednesday 24 April, 2024 9:37 am

Sustainable Horizons: how the Saudi hospitality industry is helping to ensure a clean, green future in the Kingdom

With the spotlight on sustainability like never before, the hospitality industry the world over can – and is – playing a key role in supporting government ESG initiatives and green goals.  The Saudi Green Initiative, launched in 2021 by His Royal Highness Prince Mohammed bin Salman...

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Business & Money | Wednesday 24 April, 2024 9:16 am

Flynas posts SAR 6.3B revenue in 2023, sees annual profit since 2015

Flynas CEO Bandar Al-Mohanna said that the carrier's total revenues in 2023 amounted to SAR 6.3 billion, up 32% compared to 2022. These statements came today at the Airline Economics Conference, hosted by Riyadh city on April 22-23, in which he confirmed that flynas, which was founded in 2007, ...

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Business & Money | Wednesday 24 April, 2024 9:03 am

Sure wins SAR 13.9M contract from GAFT

Sure Global Tech Co. was awarded a 30-month contract valued at SAR 13.86 million (VAT inclusive) by the Saudi General Authority of Foreign Trade (GAFT) to develop commodity supply chain. In a statement to Tadawul, Sure said it will develop supply chains for essential materials, goods, as well...

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Business & Money | Tuesday 23 April, 2024 1:22 pm

Alqemam inks SAR 7.3M contract to provide technical services

Alqemam for Computer Systems Co. signed, on April 22, a contract with Afaq Saher Contracting Est. to implement information technology services with technical support and operations for licenses, digital platforms, network, and information technology infrastructure for one of its clients. The...

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Business & Money | Tuesday 23 April, 2024 1:06 pm

MEPCO approves SAR 1.78B budget to start cardboard factory project

Middle East Paper Co. (MEPCO) announced the start of the cardboard factory project (fifth paper line), with a production capacity of 450,000 tons, according to a statement to Tadawul. The feasibility study for the project has been completed and a final budget of SAR...

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Culture & Education | Tuesday 23 April, 2024 11:38 am

During its 46th session, King Faisal Prize Recognized Other Outstanding Figures in the Fields of Islamic Studies, and Service to Islam

During the 46th session of King Faisal Prize on April 22, exceptional accomplishments in the fields of gene therapy for neuromuscular diseases and groundbreaking RNA discoveries were acknowledged. Professor Jerry Mendell was awarded the Medicine Prize for his groundbreaking contributions to the...

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Business & Money | Tuesday 23 April, 2024 11:14 am

ACWA Power in talks for selective asset sales: CEO

ACWA Power Co. is in negotiations for selective asset sales to long-term investors such as pension funds, CEO, Marco Arcelli, said. In his remarks to Asharq on the sidelines of the World Energy Conference in Rotterdam, the Netherlands, Arcelli said long-term investors are seeking returns from...

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