Business & Money | Thursday 12 September, 2024 9:34 am

Riyadh to Host Global PropTech Summit in October

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 ...

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Business & Money | Thursday 10 October, 2024 10:35 am

Saudi Arabia's tech market hits SAR 91B in 2023: CST

Saudi Arabia’s technology market reached SAR 91 billion in 2023, with a compound annual growth rate (CAGR) of more than 11% over the past five years, the Communications, Space, and Technology Commission (CST) said.   The number of Tadawul-listed technology companies rose to 20,...

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Culture & Education | Thursday 10 October, 2024 10:16 am

Serco’s Space Academy to roll-out globally following Saudi Success

Serco, the international provider of services to governments, has announced the launch of Serco’s Space Academy, a comprehensive training programme designed to equip individuals and organisations with the skills and knowledge required to excel in the global space industry. Built upon more than 60 ...

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Healthcare | Thursday 10 October, 2024 10:14 am

Medlab Middle East 2025 to build on AED2.46 billion of business success with new verticals and global laboratory innovations

Medlab Middle East, the region’s largest medical laboratory and conference, will return to the Dubai World Trade Centre from 3-6 February 2025. The previous edition of Medlab Middle East generated an estimated business value of USD670 million (AED2.46 billion), fueling medical laboratory growth...

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Business & Money | Thursday 10 October, 2024 10:12 am

Coldwell Banker facilitates AED 175M JV for luxury Dubai Islands Residences

Global leader of realty brokerage, Coldwell Banker recently facilitated a high net-worth joint venture that is poised to redefine the luxury residential landscape in the UAE. Positioned as an upgraded version of the iconic Palm Jumeirah, the project, valued at AED 175 million, will be developed at...

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Technology & IT | Thursday 10 October, 2024 10:05 am

Data Privacy Takes Priority Over Security Concerns Amid AI Adoption, 59% of regional organizations report moderate to high AI adoption

Gulf Business Machines (GBM) today unveiled the findings of the 12th edition of its annual security report, titled ‘Embracing Opportunities and Mitigating Risks in the Age of AI’. This year’s study explores the growing impact of artificial intelligence (AI) on cybersecurity and data privacy...

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Tourism & Hospitality | Thursday 10 October, 2024 10:01 am

FLYADEAL OFFERS OVER 100,000 SEATS FOR SAR 1 IN 24-HOUR FLASH SALE

 flyadeal has today announced one of its biggest ever promotions offering over 100,000 domestic seats at only SAR 1* in a 24-hour flash sale to celebrate being named world’s best airline for On Time Performance (OTP). Saudi Arabia’s leading low-cost airline surpassed every...

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Business & Money | Thursday 10 October, 2024 10:00 am

Qassim’s mineral wealth estimated at SAR 122.3B: Official

Qassim’s mineral resources are estimated at SAR 122.3 billion, Jarrah Al-Jarrah, Spokesperson for the Ministry of Industry and Mineral Resources, said on X. He added that Qassim is a reservoir of precious metals including gold, silver, copper and lead, in addition to tin, granite, tungsten...

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Business & Money | Thursday 10 October, 2024 9:55 am

REDF extends loan repayment for Sakani beneficiaries to 30 years

The Real Estate Development Fund (REDF) launched the "Tamkeen" program, which aims to give Sakani program beneficiaries the option of extending the repayment period for real estate financing to 30 years.   The program is part of ongoing efforts in collaboration with the Saudi Real...

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Business & Money | Thursday 10 October, 2024 9:54 am

Alkhorayef Water bags SAR 49.5M contract from SWA

Alkhorayef Water and Power Technologies Co. was awarded a 36-month contract by the Saudi Water Authority (SWA) to operate and maintain Hameema water treatment plant in Hail. The contract is worth SAR 49.5 million, excluding VAT, Alkhorayef Water said in a statement to Tadawul. The...

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Business & Money | Thursday 10 October, 2024 9:32 am

Ladun's says major shareholder sold 4.3% stake to meet TASI prerequisites

Ladun Investment Co. was notified that Ashar Investment Co., a major shareholder, sold a 4.3% stake in the former to several investors through negotiated deals, in a letter received today, Oct. 9.   This came to fulfill one of the prerequisites for transitioning to the Main Market...

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