The Real Estate General Authority (REGA) will host the inaugural Global PropTech Summit in Riyadh in October. The event will be held under the patronage of Minister of Municipalities and Housing and REGA Board of Directors Chairman Majed Al-Hogail. The National Housing Company (NHC) will serve as a ...
Lana Medical Co. obtained Shariah-compliant credit facilities worth SAR 5 million from Banque Saudi Fransi (BSF). In a statement to Tadawul, the company said that the financing term is 1,080 days and the amount is covered by promissory notes. The credit facilities were obtained to finance ...
Saudi Arabia attracted $144 billion in foreign investments as part of Vision 2030, aiming to drive further growth by expanding industrial exports to reach $150 billion by 2030, said Minister of Industry and Mineral Resources Bandar Alkhorayef. In a press release picked up by Argaam, Alkhorayef ...
Shareholders of Riyadh Steel Co. approved the board's recommendation to reduce the stock’s nominal value from SAR 10 to SAR 1 per share, during an extraordinary general meeting (EGM) on Sept. 24, according to a Tadawul statement. There is no change in the company’s capital...
Saudi Arabian Oil Co. (Saudi Aramco) plans to raise up to $ 3 billion in five- and 10-year US dollar-denominated Sukuk, Reuters news agency reported citing some sources. The five-year Sukuk has price guidance of US Treasuries plus around 120 basis points, while the 10-year issue has US...
Riyadh Municipality signed five contracts worth SAR 6 billion aimed at improving road quality in the Saudi capital, with the scope of work covering an area of 83 million square meters for a period of five years. According to the municipality, these contracts are aimed at stepping Riyadh’s...
Gulf Capital, one of the largest private equity firms investing from the GCC to the rest of Asia, announced today that it has formally joined the Abu Dhabi Sustainable Finance Declaration (ADSFD), formalising its commitment to a sustainable finance and investment industry in line with the UAE’s...
du, from Emirates Integrated Telecommunications Company (EITC), in partnership with the Digital Dubai, is set to host the second edition of the Envision conference. Scheduled under the theme "Gathering Nation’s Leaders for Progress with AI-Driven Digitalization," Envision 2024 will bring...
Global technology brand HONOR has officially announced the release of its latest tablet, the HONOR MagicPad 2, following a highly successful pre-order phase. Making its debut at IFA Berlin 2024, the new tablet features an impressive 144Hz 3K AMOLED AI Eye Comfort Display, PC-Level AI Efficiency...
Leading global management consulting firm Kearney, the official Knowledge Partner of Intersec Saudi Arabia, will address the crucial role of Artificial Intelligence (AI) and Virtual Reality (VR) in predictive and personalised security solutions when the event returns from 1 to 3 October at the...
Saudi Arabia has emerged as the fastest-growing G20 country in the latest UN World Tourism Barometer report, marking a significant milestone in the Kingdom’s rapid ascent as a global tourism destination. The Barometer highlights a 73% increase in international tourist arrivals to Saudi Arabia in...