Business & Money | Thursday 12 September, 2024 9:34 am

Riyadh to Host Global PropTech Summit in October

The Real Estate General Authority (REGA) will host the inaugural Global PropTech Summit in Riyadh in October. The event will be held under the patronage of Minister of Municipalities and Housing and REGA Board of Directors Chairman Majed Al-Hogail. The National Housing Company (NHC) will serve as a ...

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Business & Money | Friday 20 September, 2024 12:39 pm

AD Ports Group signs agreements to refinance $2.25 billion debt

AD Ports Group has signed agreements with two UAE banks to refinance its syndicated loan of US$2.25 billion at more favourable terms, which would enable the Group to save up to AED44 million (US$12 million) in finance costs over the next 12 months. The new facilities will give the Group...

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Business & Money | Friday 20 September, 2024 12:36 pm

MESC inks SAR 100M credit facilities deal with Alinma Bank

Middle East Specialized Cables Co. (MESC) signed a Shariah-compliant credit facilities agreement worth SAR 100 million with Alinma Bank.   In a statement to Tadawul today, Sept. 19, the company said the one-year financing is guaranteed by promissory notes worth 110% of the total ...

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Business & Money | Friday 20 September, 2024 12:32 pm

MIS signs SAR 93.7M deal with Saudi Electricity

Al Moammar Information Systems (MIS) signed today, Sept. 19, a SAR 93.73 million contract, including VAT, with Saudi Electricity Co. for enhancing the latter’s network infrastructure and communication. The three-year contract will have a positive financial impact starting from Q1...

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Business & Money | Friday 20 September, 2024 12:01 pm

GACA issues August classification for air transport service providers, airports

The General Authority of Civil Aviation (GACA) issued today, Sept. 19, an index for the classification of air transport service providers and airports based on the number of complaints filed by travelers to the authority in August.   GACA stated that the total number of complaints...

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Business & Money | Thursday 19 September, 2024 1:11 pm

ASYAD Group Amplifies Strategic Regional Presence and Global Integrated Logistics Leadership at Saudi Maritime & Logistics Congress 2024

• Asyad Group solidifies its leadership as a major force in global supply chains.• Affirming its status as MENA’s fourth-largest logistics powerhouse, Asyad Group presents an extensiveportfolio, comprising operations in the US, China, Singapore, India, and the GCC, including offices in...

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Business & Money | Thursday 19 September, 2024 10:03 am

FLYADEAL CELEBRATES 94th SAUDI NATIONAL DAY OFFERING HUNDREDS OF THOUSANDS OF SEATS AT FARES FROM 94 RIYALS

Celebrating an occasion of pride and honour to mark the 94th National Day of Saudi Arabia, flyadeal has announced a massive three-day sale offering hundreds of thousands of seats starting at SAR94.  With the Kingdom gearing up for a weekend of festivities to mark the special day, flyadeal ...

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Business & Money | Thursday 19 September, 2024 10:01 am

Almarai Participates in ESPEN 2024 Conference on Clinical Nutrition and Metabolism in Milan

Almarai, a leading food and beverage company in the Middle East, participated in the 46th Congress of the European Society for Clinical Nutrition and Metabolism (ESPEN), held in Milan from September 7 to 10, 2024. This participation highlights Almarai’s leadership in therapeutic nutrition and its ...

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Business & Money | Thursday 19 September, 2024 9:55 am

ROSHN Group Announces MUSAHAMA Design Competition - Emerging Design Firms Track in Collaboration with PIF

ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a PIF company, has announced the opening of registration to participate in MUSAHAMA Design Competition - Emerging Design Firms Track in collaboration with PIF, with registration due by 30 September 2024. MUSAHAMA ...

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Business & Money | Thursday 19 September, 2024 9:53 am

ENOC Group bags prestigious World of Safety and Health Asia Award for the innovative Service Station of the Future

ENOC Group, the leading integrated global energy player, won the prestigious World of Safety and Health Asia (WSHAsia) Award 2024 in the Environmental Sustainability category for the futuristic Service Station of the Future. The accolade further reaffirms ENOC’s commitment to drive sustainability ...

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Business & Money | Thursday 19 September, 2024 9:45 am

du and Huawei partnership empowers Emirati youth through exclusive educational visit

du, from Emirates Integrated Telecommunications Company (EITC), hosted a two-day educational visit for Emirati interns in collaboration with Huawei to promote Emiratisation and youth engagement. The initiative is a part of du’s commitment to fostering the next generation of Emirati talent,...

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