Business & Money | Tuesday 19 November, 2024 10:24 am

MBC Group’s subsidiary signs SAR 52.9M production services contract

MBC Group’s wholly owned subsidiary, MBC Studios Projects Saudi Arabia Ltd., signed today, Nov. 18, a production services contract with Sadaf for Audio and Visual Production Co. Ltd., a related party, to produce a television series worth $14.12 million (SAR 52.94 million). In a statement to...

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Business & Money | Tuesday 19 November, 2024 10:21 am

Bank AlJazira signs 2 contracts worth SAR 58.2M with AlJazira Takaful

Bank AlJazira signed two contracts with AlJazira Takaful Taawuni Co. for group credit insurance plans for its personal and mortgage portfolios valued at SAR 58.17 million. The first contract is valued at SAR 21.18 million, while the second is worth SAR 36.99 million, the bank...

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Business & Money | Tuesday 19 November, 2024 10:18 am

NHC launches 11 projects in Riyadh

National Housing Co. (NHC) launched 11 new projects in Khuzam destination, north of Riyadh, featuring more than 10,000 residential units.In a statement, the company said the new projects include Khuzam Park Residence, with areas of up to 379 square meters (sq m) per unit, Tala Khuzam (up to 430 sq...

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Business & Money | Tuesday 19 November, 2024 10:16 am

Alinma Retail REIT signs deal to purchase office property in Riyadh for SAR 380M

Alinma Investment Company, in its capacity as fund manager of Alinma Retail REIT Fund, announced signing an agreement, on Nov. 17, to purchase an office property in Riyadh for a price of SAR 380 million (Excluding real estate transaction tax), and the deal is doesn’t include brokerage...

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Business & Money | Tuesday 19 November, 2024 10:13 am

Deloitte Middle East Partners gather at the Dubai Opera for their Annual Partner Meeting

Deloitte Middle East held its Annual Partners Meeting at the Dubai Opera, hosted by Deloitte Middle East CEO, Mutasem Dajani, and attended by Deloitte partners from across the region. The meeting’s theme was “Frontiers” and focused on the ongoing transformation that the Middle East is...

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Business & Money | Tuesday 19 November, 2024 10:10 am

TAQA, JERA and Al Bawani Consortium to Develop Two New Highly Efficient Power Plants in the Kingdom of Saudi Arabia

Abu Dhabi National Energy Company PJSC (“TAQA”), one of the largest listed integrated utility companies in Europe, the Middle East and Africa, together with JERA Co., Inc (“JERA”), Japan’s largest power generation company and Al Bawani Capital (“AlBawani”), a subsidiary of AlBawani...

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Business & Money | Tuesday 19 November, 2024 9:57 am

"Abraj Omar": An Elegant Haven Blending Sophistication and Spirituality in the Heart of Makkah

At Cityscape 2024, Alesayi Holding; represented by its real estate sector; proudly announces the launch of its luxurious project, "Abraj Omar Hotel & Residences by MGallery," a development redefining upscale hospitality just steps from the Holy Kaaba. The project reflects Alesayi Holding's...

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Business & Money | Tuesday 19 November, 2024 9:51 am

Dubai Government Human Resources Department joins forces with General Directorate of Dubai Civil Defense to exchange expertise and develop joint training programs

Dubai Government Human Resources Department (DGHR) signed a memorandum of understanding (MOU) with the General Directorate of Dubai Civil Defense (DCD), with an aim to promote cooperation, integration, expertise and knowledge exchange pathways, as well as achieve shared goals, develop government...

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Business & Money | Tuesday 19 November, 2024 9:47 am

Ras Al Khaimah Ruler hosts MoU signing between RAKEZ and China’s Foshan Commerce Bureau

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, welcomed a distinguished delegation from Foshan Commerce Bureau, People’s Republic of China, and representatives from Ras Al Khaimah Economic Zone (RAKEZ), to commemorate the signing of a...

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Business & Money | Tuesday 19 November, 2024 9:44 am

DP World and Schneider Electric Collaborate to Upskill Emirati Youth in Sustainability and Technical Careers

Schneider Electric, a global leader in the digital transformation of energy management and automation, has signed a Memorandum of Understanding (MoU) with DP World, the leading provider of global end-to-end logistics solutions, to accelerate the upskilling of Emirati youth in sustainability and...

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