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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Tourism & Hospitality | Sunday 21 April, 2024 9:06 am

Tourism leaders from around the world will explore how entrepreneurship and innovation are transforming the global travel sector at ATM 2024

 International policymakers and industry leaders are preparing to gather in the UAE for Arabian Travel Market (ATM) 2024, where they will examine how entrepreneurship and innovation are reshaping the global tourism industry. The 31st edition of the exhibition will take place at Dubai World...

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Business & Money | Sunday 21 April, 2024 9:01 am

ADNIC completes acquisition of 51% Allianz Saudi Arabia stake to drive regional growth strategy

 Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has completed the strategic acquisition of a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company in Saudi Arabia.   The...

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Government | Sunday 21 April, 2024 8:57 am

Deloitte launches Kiyadat to advance GCC national talent into leadership roles

Deloitte Middle East announced the launch of Kiyadat, a center of excellence designed to empower national talent across the Gulf Cooperation Council (GCC) region. In Arabic, "Kiyadat" translates to "Leaders", symbolizing the commitment to fostering national talent and paving their way towards...

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Business & Money | Saturday 20 April, 2024 5:02 am

Spain invests $3B in Saudi Arabia, new agreement to be sealed in May: Al-Hogail

Investments between Saudi Arabia and Spain are experiencing significant momentum. The value of Spanish investment in the Kingdom has exceeded $3 billion over the past decade, with 40% of it relating to the real estate sector, Minister of Municipal, Rural Affairs and Housing Majid Al-Hogail, said in ...

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Environment & Energy | Saturday 20 April, 2024 4:59 am

ACWA Power partners with IRENA to provide sustainable energy solutions

ACWA Power signed an agreement to partner with the International Renewable Energy Agency (IRENA) to provide sustainable energy solutions, and aims to accelerate the adoption and sustainable use of renewable energy across the globe, the utility said in a statement.   IRENA is the lead ...

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Business & Money | Saturday 20 April, 2024 4:57 am

Effective fiscal policies key for enhancing resilience amid global challenges: Al-Jadaan

Minister of Finance, Mohammed Al-Jadaan, said that implementing effective fiscal policies is crucial to enhance resilience and sustainability amid the challenges facing the global economy.   Saudi Arabia reaffirms its continuous support for the financial programs provided by the...

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