06 Dhu al-Hijjah 1445 - 13 June 2024
    
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Eye of Riyadh

Emirati Human Resources Development Council offers over 100 job opportunities for UAE citizens
Business & Money | Monday 10 June, 2024 8:56 am
The Emirati Human Resources Development Council in Dubai offered more than 100 job opportunities exclusively for Emiratis. These opportunities were featured in an Open Day event held to foster local talent and provide valuable career opportunities, and saw the participation of several...
ADNOC fully redeems Exchangeable Bonds in ‘ADNOC Distribution’
Business & Money | Monday 10 June, 2024 8:53 am
Abu Dhabi National Oil Company (ADNOC) PJSC (ADNOC) confirmed that it has redeemed in full its US Dollar-denominated senior unsecured bonds (Exchangeable Bonds) in Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution). ADNOC paid Bondholders a total amount of $1.199 billion ...
National Building inks SAR 300M contract with Al-Fayzia Real Estate
Business & Money | Monday 10 June, 2024 8:47 am
National Building and Marketing Co. signed today, June 9, a SAR 300 million contract with Al-Fayzia Real Estate Development Co. to build office and residential towers (Al Raed Project), according to a statement to Tadawul. The three-year contract includes carrying out the infrastructure and...
Al Rajhi Capital to conduct market-making activities on Banan
Business & Money | Monday 10 June, 2024 8:41 am
The Saudi Exchange Co. (Tadawul) approved Al Rajhi Capital’s application for conducting market-making activities on Nomu-listed Banan Real Estate Co. as of June 11.  According to a Tadawul filing today, June 9, the market maker obligations on Banan are as follows: -...
MSA Novo, King Abdullah University of Science and Technology (KAUST) Sign MoU to Drive Innovation and Growth in Saudi Arabia
Business & Money | Monday 10 June, 2024 8:34 am
In a significant move to bolster the Saudi start-up ecosystem, MSA Novo has signed a memorandum of understanding (MoU) with King Abdullah University of Science and Technology (KAUST). This partnership underscores MSA Novo’s commitment to fostering innovation and entrepreneurship in Saudi...
Maktoum bin Mohammed meets with Co-Founder, Co-Chairman of Carlyle Group
Business & Money | Monday 10 June, 2024 6:15 am
H.H. Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, and President of the Dubai International Financial Centre (DIFC), today held a meeting with David M. Rubenstein, Co-Founder and Co-Chairman of The Carlyle Group, one of the...
Bupa Arabia plans 860,000 share buyback for employees’ incentive program
Business & Money | Sunday 9 June, 2024 11:01 am
Bupa Arabia for Cooperative Insurance Co. board of directors recommended, on June 9, the repurchase of up to 860,000 of its shares to allocate to the employees’ stock long-term incentive program. The company said in a statement on Tadawul that the shares to be purchased are ordinary shares...
 HONOR’s Eid Mega Sale spreads joy and togetherness this Eid Al-Adha
Technology & IT | Sunday 9 June, 2024 10:23 am
Consumers will enjoy up to SAR 900 off and exclusive gifts  To celebrate the joyous occasion of Eid Al-Adha, HONOR is extending its heartfelt wishes and sharing in the festive celebrations by offering an array of exciting discounts and up to SAR 900 off across many of its flagship...
Saudi Aramco details shareholding post-allocation
Business & Money | Sunday 9 June, 2024 9:58 am
Saudi Arabian Oil Co. (Saudi Aramco) announced shareholding details pursuant to the final allocation of the fully marketed offering of 1.545 billion shares, in which the majority of the shares constituting the institutional tranche of the offering was allocated to investors located outside of the...
MIS signs contract to lease data center; value exceeds 50% of revenues in 2023
Business & Money | Sunday 9 June, 2024 9:54 am
Al Moammar Information Systems Company - MIS signed a joint contract with Microsoft Arabia Limited and the Saudi Data Center Fund 1, for the purpose of leasing and providing data center services.MIS signs contract to lease data center; value exceeds 50% of revenues in 2023. The...
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