10 Shawwal 1446 - 9 April 2025
    
Sign up for newsletter
Eye of Riyadh

Tawuniya bags health insurance contract from Ministry of Foreign Affairs
Business & Money | Wednesday 9 April, 2025 10:19 am
The Company for Cooperative Insurance (Tawuniya) received today, April 8, an approval from the Ministry of Foreign Affairs to provide cooperative health insurance to its employees, according to a Tadawul statement. The contract value exceeds 10% of the company’s 2024 audited revenue, the...
Equipment House renews SAR 265M credit facilities with Alinma Bank
Business & Money | Wednesday 9 April, 2025 10:12 am
Scientific & Medical Equipment House Co. (Equipment House) renewed a Shariah-compliant credit facilities agreement worth SAR 265 million with Alinma Bank, according to a Tadawul statement. The financing, effective until Nov. 30, 2027, aims to finance current and future projects, bank...
Alujain signs strategic partnership agreement with British A.B.G.
Business & Money | Wednesday 9 April, 2025 9:56 am
Alujain Corp. signed a strategic partnership agreement on April 8 between with A.B.G. Limited, a leading British company specializing in geosynthetics solutions, according to a statement to Tadawul. A.B.G. is a subsidiary of BontexGeo, one of the major European manufacturers of geotextile ...
2P awarded SAR 87.2M project by Ministry of Commerce
| Wednesday 9 April, 2025 9:38 am
Perfect Presentation for Commercial Services Co. (2P) was awarded on April 9 a project by the Ministry of Commerce, valued at SAR 87.16 million (including VAT). According to a statement to Tadawul, 2P pointed out that the project involves the operation, setup, and development of the unified...
ADES extends 3 offshore jack-up contracts in Egypt for SAR 673.5M
Business & Money | Wednesday 9 April, 2025 9:37 am
ADES Holding Co. received a notice of extension from the General Petroleum Co. (GPC) for three offshore jack-up rigs in Egypt for SAR 673.5 million ($179.6 million), according to a statement to Tadawul. The contracts of two rigs: Admarine III and Admarine VI will be extended for ...
WAJA wins SAR 7.6M project with Makkah Municipality
Business & Money | Tuesday 8 April, 2025 2:04 pm
WAJA Co. was awarded, on April 7, a project to supply and install office furniture (security phase) by Makkah Municipality. In a statement to Tadawul, the company said that the total contract value stands at SAR 7.58 million, including VAT. No related parties are included in the deal,...
SRMG launches SRMG Media Solutions
Business & Money | Tuesday 8 April, 2025 2:02 pm
Saudi Research and Media Group (SRMG) launched SRMG Media Solutions (SMS), a next-generation, data-driven media solutions company designed to deliver innovative, results-focused advertising strategies. SMS empowers brands to connect with over 170 million users worldwide through cutting-edge...
Youssef & Partners Leads in International Arbitration in Saudi Arabia
Business & Money | Tuesday 8 April, 2025 1:49 pm
Youssef & Partners stands as a leading, distinguished for its world-class arbitration practice and deep understanding of the legal landscape across the Middle East and North Africa (MENA) region. With a remarkable 94% success rate in complex, high-stakes disputes, the firm has become the...
2P signs SAR 20M operations, maintenance deal with Sports Boulevard
Business & Money | Tuesday 8 April, 2025 1:20 pm
Perfect Presentation for Commercial Services Co. (2P) signed a contract on March 27 to operate and maintain technical systems in Zones 1 and 5 of the Sports Boulevard Project, under a framework agreement with a financial ceiling of nearly SAR 20 million, inclusive of VAT. In a statement...
ADES renews Saudi offshore platform contract for 10 years at SAR 1.09B
Business & Money | Tuesday 8 April, 2025 1:17 pm
ADES Holding Co. renewed the contract for one of its suspended offshore platforms in Saudi Arabia for a period of 10 years, for approximately SAR 1.09 billion ($290 million). This is one of the six platforms that were earlier suspended in Saudi Arabia, ADES said in a statement to...
ADD TO EYE OF Riyadh
MOST POPULAR