Government | Sunday 21 April, 2024 10:29 am

UAE Chamber boosts trade cooperation with Colombia

The UAE Federation of the Chambers signed two Memoranda of Understanding (MoUs) with Colombian counterparts to boost investment and trade opportunities between the two nations. These MoUs also establish a joint business council. The agreements align with the recently signed Comprehensive...

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Government | Sunday 21 April, 2024 10:26 am

DEWA launches the second edition of its technical infrastructure manual

Dubai Electricity and Water Authority (DEWA) launched the second edition of its Infrastructure NOC (No-Objection Certificate) Technical Manual, to be a reference for contractors, consultants, and developers accredited by DEWA. This is part of DEWA’s efforts to promote business in the Emirate....

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Business & Money | Sunday 21 April, 2024 10:20 am

Jarir lowers prices to ensure strong market share: Chairman

Jarir Marketing Co. (JMC) continues to boost its market share, which will result in further growth, Chairman Muhammad Alagil told Argaam. He added that Jarir reduced prices to ensure an increase in its market share amid fierce competition in the retail sector, leading to a decrease in profit...

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Government | Sunday 21 April, 2024 10:18 am

TGA exempts private educational institutions from minimum bus limit

The Transport General Authority (TGA) exempted the private educational institutions from the minimum bus limit, Saudi Press Agency reported. The authority earlier stipulated that such institutions should provide at least five vehicles.  The decision aims to facilitate providing...

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Technology & IT | Sunday 21 April, 2024 10:03 am

Edaa implements securities quantity increase for Edarat

The Securities Depository Center Co. (Edaa) implemented today, April 21, the securities quantity increase for Edarat Communication and Information Technology Co. on eligible shareholders' accounts, according to Tadawul website.The company’s shareholders approved a 100% capital increase from...

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Government | Sunday 21 April, 2024 9:54 am

SAMA Governor stresses importance of global economy flexibility amid current challenges

Ayman Al-Sayari, Governor of the Saudi Central Bank (SAMA), stressed the importance of the global economy flexibility amid the current challenges and the balance of risks that threaten economic prospects. At the IMF/WB 2024 Spring Meetings, held in Washington, DC, Al-Sayari pointed to the...

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Business & Money | Sunday 21 April, 2024 9:49 am

RAKEZ to showcase business set-up solutions Ras Al Khaimah offers to German investors at Hannover Messe 2024

Ras Al Khaimah Economic Zone (RAKEZ) is set to participate in Hannover Messe, one of the world’s largest manufacturing industry trade fairs, taking place from 22 to 26 April 2024, in Germany. This participation underscores RAKEZ's strategic focus on the German market and the economic zone’s...

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Technology & IT | Sunday 21 April, 2024 9:40 am

Saudi Azm board approves transition to main market

Saudi Azm for Communication and Information Technology Co.’s board of directors approved, on April 18, the company’s transition from the Nomu-Parallel Market to the main market (TASI), according to a statement to Tadawul. The company hired Al Rajhi Capital as financial advisor...

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Business & Money | Sunday 21 April, 2024 9:23 am

Tasnee shareholders approve transferring SAR 905.3M to retained earnings

Shareholders of National Industrialization Co. (Tasnee) approved transferring SAR 905.3 million from its statutory reserve, as per the financial statements for the period ended Dec. 31, 2023, to retained earnings in the general meeting held on April 18. In a statement to Tadawul, the company...

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Business & Money | Sunday 21 April, 2024 9:18 am

New Murabba Development Company Showcases Commitment to Innovation and Sustainability at AACE Conference in Riyadh

New Murabba Development Company, a visionary urban destination transforming downtown Riyadh, participated in the recent Association for the Advancement of Cost Engineering (AACE) Saudi Arabia Conference, held between April 17-18, 2024 in Riyadh’s Al Faisaliah Hotel, under the theme “Navigating...

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