Business & Money | Monday 10 March, 2025 11:24 am

Emaar EC amends plan to raise capital by converting PIF debt to new shares

Emaar The Economic City’s (Emaar EC) board of directors amended on March 8 an earlier recommendation to increase capital by converting the debt owed to the Public Investment Fund (PIF) into new ordinary shares. The board proposed increasing the amount of debt to be converted from SAR 3.97...

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Business & Money | Monday 10 March, 2025 11:22 am

Naseej Tech inks SAR 19.9M contract with King Khalid University

Naseej for Technology Co. (Naseej Tech) signed today, March 9, a contract for the operation and maintenance of managed computer services at King Khalid University, at SAR 19.89 million (VAT inclusive). In a statement to Tadawul, the company indicated that the project aims to provide managed...

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Business & Money | Monday 10 March, 2025 11:19 am

ACWA Power opens innovation hub in China

ACWA Power Co. launched its first overseas innovation center in Shanghai’s Pudong New Area, China, at an initial investment of CNY 20 million ($2.8 million), according to a statement on Tadawul today, March 9.The hub will focus on five key sectors: photovoltaics, wind power, energy storage, green ...

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Business & Money | Monday 10 March, 2025 11:16 am

CMCER signs SAR 22.8M contract with Ministry of National Guard

Canadian Medical Center Co. (CMCER) received on March 9 a contract with the Ministry of National Guard Health Affairs, valued at SAR 22.82 million (VAT inclusive). In a statement to Tadawul, the company pointed out that the one-year agreement aims to supply medical...

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Business & Money | Monday 10 March, 2025 11:10 am

WiSER Calls for Accelerated Action to Invest in Female Entrepreneurs Driving the Global Sustainable Economy

Women in Sustainability, Environment, and Renewable Energy (WiSER) - a global platform founded by Masdar and the Zayed Sustainability Prize to champion women as leaders of sustainable change - today launched its latest White Paper, Igniting a Global Sustainable Economy. Its release coincides...

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Business & Money | Monday 10 March, 2025 11:09 am

NWC announces the completion of sewage lines in Al-Arid district of Riyadh at SR +33m

The National Water Company (NWC), represented by its Central Cluster, announced the completion of the implementation of sewage lines in Al-Arid district, north of Riyadh, at a total cost of more than 33 million Saudi Riyals. This is part of NWC’s ongoing efforts to implement its strategic plans...

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Technology & IT | Sunday 9 March, 2025 12:10 pm

HONOR Impressed MWC 2025 with the HONOR ALPHA PLAN

Global technology brand HONOR made a significant impression at Mobile World Congress (MWC) 2025 with the unveiling of its ambitious HONOR ALPHA PLAN, a new corporate strategy to transform HONOR from a smartphone maker to a global leading AI device ecosystem company. This announcement garnered...

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Business & Money | Sunday 9 March, 2025 8:00 am

Alef completes phase 1 structural works at Al Mamsha Seerah

Alef, the real estate developer in the emirate of Sharjah, announced that the first phase of "Al Mamsha Seerah" is advancing at an accelerated pace, with 100 percent completion of structural work, in line with the scheduled delivery of the project in "Al Mamsha Sharjah" by Q4...

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Business & Money | Sunday 9 March, 2025 8:00 am

DEWA invites international developers to submit expressions of interest for 7th phase of Mohammed bin Rashid Al Maktoum Solar Park

Dubai Electricity and Water Authority (DEWA) has invited international developers to submit expressions of interest for a tender to develop the 1,600-megawatt (MW) seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park. This phase, which is expandable to 2,000MW, will use photovoltaic...

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Business & Money | Sunday 9 March, 2025 8:00 am

UAE, Central African Republic CEPA to boost trade beyond AED3.67 billion

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stated that the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and the Central African Republic reflects the leadership’s commitment to enhancing trade and investment cooperation with countries worldwide...

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