15 Muharram 1446 - 21 July 2024
Sign up for newsletter
Eye of Riyadh

Avalon Pharma obtains SAR 70M credit facilities from Emirates NBD
Business & Money | Wednesday 10 July, 2024 8:18 am
Middle East Pharmaceutical Industries Co.  (Avalon Pharma) secured SAR 70 million Shariah-compliant credit facilities from Emirates NBD to finance its operations, according to a statement to Tadawul. The facilities’ tenor will extend for one year. A promissory note for the...
Dell Technologies, Aramco, and National IT Academy Collaborate to upskill local talent in science and technology
Business & Money | Wednesday 10 July, 2024 8:05 am
In a collaborative effort to empower Saudi Arabia’s local talent with advanced science and technology skills, Dell Technologies, Aramco, and the National IT Academy (NITA) have signed a collaboration agreement. The collaboration aims to provide Saudi students with advanced training programs and...
Department of Community Development - Abu Dhabi Launches Emirati Family Growth Support Programme
Business & Money | Wednesday 10 July, 2024 7:50 am
The Department of Community Development - Abu Dhabi, the regulatory body of the social sector in the emirate, has launched its programme to support the growth of the Emirati family, which was approved by the Abu Dhabi Executive Council, headed by His Highness Sheikh Khaled bin Mohamed bin Zayed Al...
Al Othaim renews 2 contracts worth SAR 423M with GOSI
Business & Money | Wednesday 10 July, 2024 7:44 am
Abdullah Al Othaim Markets Co. (Al Othaim) signed two contracts worth SAR 422.71 million with the General Organization for Social Insurance (GOSI) to renew lease agreements for the latter’s two properties in Dammam. In two separate statements to Tadawul, the company said these contracts...
Knight Frank MENA Strengthens Research Team with New Chief Economist, Dr Christopher Payne.
Business & Money | Wednesday 10 July, 2024 7:02 am
Knight Frank, a global leader in real estate consultancy, is proud to announce the appointment of Dr Christopher Payne as Chief Economist. Payne brings with him 30 years of expertise in economic analysis, real estate, and financial markets, further strengthening Knight Frank MENA's commitment to...
Najm Launches Advanced Telematics Initiative to Improve Safe Driving in Saudi Arabia
Business & Money | Wednesday 10 July, 2024 6:59 am
Najm for Insurance Services Company (Najm) today announced that it has launched a new telematics initiative to improve road safety in Saudi Arabia. The initiative, powered by advanced mobility analytics technologies, encourages safer driving practices. Najm has partnered with Cambridge Mobile...
ADX welcomes listing of Lunate Capital LLC’s Chimera JP Morgan Global Sukuk ETF
Business & Money | Wednesday 10 July, 2024 6:34 am
Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchanges in the world, announced today the listing of the Chimera JP Global Sukuk ETF. This new ETF offers investors access to a diversified portfolio of liquid, USD-denominated, investment-grade Sukuks from sovereign,...
The Rise of Health Tourism in Dubai: Becoming a Global Attraction
Healthcare | Tuesday 9 July, 2024 3:24 pm
Dubai, UAE – Dubai's strategic efforts to become a premier global destination for health tourism have seen significant success, evidenced by a surge in the number of high-caliber medical facilities and an influx of international health tourists. Dubai’s Rapid Expansion in Healthcare...
Aldar, Dubai Cares to provide10,000 children with essential school kits
Business & Money | Tuesday 9 July, 2024 8:37 am
Aldar Properties has announced that it is contributing AED1 million to a new partnership with Dubai Cares that will provide 10,000 children from low-income families across the UAE with school kits ahead of the 2024/25 academic year. In line with Aldar's commitment to create societal value, the ...
NEO SPACE GROUP – a global commercial space services champion – announces international telecoms & technology veteran as new group CEO
Business & Money | Tuesday 9 July, 2024 8:30 am
NEO SPACE GROUP (NSG), Saudi Arabia’s national space champion that is leading efforts to develop the space industry in the Kingdom, has announced international telecoms industry veteran Martijn Blanken as its new group Chief Executive Officer (CEO).  NSG is seeking to unlock the...