Business & Money | Monday 22 April, 2024 9:41 am

Royal Commission for Jubail and Yanbu in Saudi Future-Proofs IT Infrastructure with Nutanix

 Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced that the Royal Commission for Jubail and Yanbu (RCJY), Saudi's petrochemical industrial cities development authority, has cut out complexity, improved performance and future-proofed its infrastructure with...

More Details

Healthcare | Monday 22 April, 2024 9:38 am

Care wins SAR 381M project from PSMMC

National Medical Care Co. (Care) won on April 21 a three-year contract worth SAR 380.9 million, inclusive of VAT, from Prince Sultan Military Medical City (PSMMC) to provide services to long-term care patients. In a statement to Tadawul, the company said the relevant financial impact will...

More Details

Business & Money | Monday 22 April, 2024 9:35 am

PIF inks deal to acquire stake in stc’s TAWAL for SAR 8.7B

stc Group signed, on April 21, a sale and purchase agreement (SPA) with the Public Investment Fund (PIF) to sell 51% of Telecommunication Towers Company Limited (TAWAL) for cash. In a statement to Tadawul, the telecom operator said that the agreements were signed to...

More Details

Government | Monday 22 April, 2024 9:31 am

GCC Commercial Arbitration Centre Introduces Cutting-Edge Registration Protocols for Arbitrators and Experts

Dr. Kamal Al Hamad, Secretary General of the GCC Commercial Arbitration Centre, emphasized the Centre's dedication to stringent and cutting-edge standards by outlining the procedures for registering arbitrators and experts. This includes a requirement for applicants to register electronically on...

More Details

Business & Money | Monday 22 April, 2024 9:19 am

CAYAN Group continues its partnership with NEOM for the second Hampton by Hilton hotel to be fully funded and developed at NEOM Community

Cayan Group, a leading real estate investment and development company in the Middle East, continues its partnership with NEOM – a giga project spanning 26,500 square kilometres in northwest Saudi Arabia – for a second Hampton by Hilton at NEOM Community. A signing ceremony between Cayan Group...

More Details

Business & Money | Monday 22 April, 2024 9:15 am

Tatweer Company and Alfaisal University Launch “Training Program Leading to Employment”

Tatweer Company, in collaboration with Alfaisal University, has launched the “Training Program Leading to Employment” to empower the next generation to excel in the realm of real estate. The program aims to acquaint participants with the latest practices in the real estate development...

More Details

Business & Money | Monday 22 April, 2024 9:06 am

Inaugural SaudiFood Manufacturing show to put spotlight on Kingdom’s F&B manufacturing industry

The inaugural edition of SaudiFood Manufacturing, the first dedicated F&B manufacturing event in the Kingdom spanning processing, packaging and ingredients; will be the launchpad for the industry to take its place at the heart of Saudi Arabia’s economic transformation. Following the highly...

More Details

Government | Sunday 21 April, 2024 10:53 am

MoF launches 'digital public consultation' on potential implementation of R&D Tax incentive

The Ministry of Finance (MoF) today announced the launch of a digital public consultation to gather the views of relevant stakeholders on the potential implementation of a Research & Development (R&D) Tax Incentive under the UAE Corporate Tax law. The consultation will be open from...

More Details

Business & Money | Sunday 21 April, 2024 10:50 am

Ajman real estate transactions reach AED4.3 billion in Q1 2024

The total value of real estate transactions in Ajman reached AED4.3 billion during the first quarter of 2024, reflecting a remarkable growth of over 26.6% compared to the same period in 2023. Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Department of Land and Real Estate Regulation...

More Details

Government | Sunday 21 April, 2024 10:46 am

AD Ports Group, ADNOC Distribution sign agreement for marine lubricants supply

AD Ports Group, the leading facilitator of global trade, logistics, and industry, has announced today that its Ports Cluster is expanding its business remit to the global distribution of marine lubricants. The announcement came following a strategic agreement inked with ADNOC Distribution, the ...

More Details