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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
