Business & Money | Thursday 21 November, 2024 11:34 am

UAE, Egypt sign MoUs in manufacturing, renewable energy, developing industrial zone in East Port Said

Dr. Mostafa Madbouly, Prime Minister of Egypt, Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, Kamel Al Wazir, Deputy Prime Minister for Industrial Affairs and Egypt's Minister of Industry and Transport, Dr. Mahmoud Esmat, Egypt's Minister of Electricity and Renewable Energy,...

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Business & Money | Thursday 21 November, 2024 11:31 am

Snapchat opens office in Riyadh

Snapchat Inc. opened an office and a content creators' council in Riyadh, with the inauguration attended by Minister of Communications and Information Technology Abdullah Alswaha and Minister of Investment Khalid Al-Falih. During the event, Alswaha highlighted Snapchat’s significant role in...

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Business & Money | Thursday 21 November, 2024 11:26 am

SAB plans to issue SAR-denominated Additional Tier 1 Sukuk

Saudi Awwal Bank (SAB) plans to issue a SAR- denominated additional Tier 1 Sukuk through a private placement in Saudi Arabia, aligning with its SAR 20 billion additional Tier 1 Sukuk issuance program, according to a statement to Tadawul. The bank mandated HSBC Saudi Arabia as sole lead manager ...

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Business & Money | Thursday 21 November, 2024 11:22 am

Jadwa Investment Signs Agreements Worth SAR 9 Billion in Real Estate Projects at Cityscape Global

Jadwa Investment signed an MoU and agreements worth SAR 9 billion in real estate at Cityscape Global 2024 last week. In a statement, Jadwa said that the MoU and agreements were signed with Real Estate Development Fund (REDF), Dar Al Majed Company, and Zood Real Estate, for multiple real estate ...

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Business & Money | Thursday 21 November, 2024 11:17 am

Jabal Omar sells land plot for SAR 1.1B, gains SAR 818.2M

Jabal Omar Development Co. (JODC) signed, on Nov. 20, an agreement to sell a land plot for SAR 1.07 billion in its Makkah project to Hamad Al Mohaissin. In a statement to Tadawul, JODC said the land’s book value stands at SAR 254.12 million, including the development value. The land plot...

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Business & Money | Thursday 21 November, 2024 11:12 am

Diriyah lays foundation for Qurain Cultural District, Northern District for SAR 5.8B

Diriyah Company announced today, Nov. 20, details of two high profile multi-billion dollar educational and arts districts. The company laid cornerstone for Qurain Cultural District and Northern District projects for a total of SAR 5.8 billion. The announcement was made during the 2nd edition...

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Business & Money | Thursday 21 November, 2024 10:30 am

Retal signs SAR 112.7M contract with affiliate to build 60 residential units in Jeddah

Retal Urban Development Co. signed a contract with its affiliate, Building Contraction Co. (BCC), to build 60 residential units in Al-Mohammedia district, Jeddah. The contract, with no preferential terms, is valued at SAR 112.7 million, exclusive of VAT and fees, if any. The project will be...

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Tourism & Hospitality | Wednesday 20 November, 2024 4:29 pm

ESCAPE TO MALDIVES THIS UAE NATIONAL DAY WITH SIYAM WORLD’S LAST-MINUTE DEALS

Male, Maldives, November, 2024 – This UAE National Day, leave the city behind and escape to the turquoise waters and pristine white sandy beaches of Siyam World, a one-of-a-kind island destination in the Maldives and part of the prestigious Sun Siyam Resorts portfolio. Located in the tranquil...

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Beauty & Style | Wednesday 20 November, 2024 3:44 pm

"Jazeera Paints" Participates in the 34th Edition of the Saudi Build 2024

“Jazeera Paints”, the leading company in the industry of paints, colors and construction solutions in KSA and MENA, reaffirmed its leadership position by sponsoring innovative construction solutions at Saudi Build 2024, one of the largest specialized construction exhibitions in the region, held ...

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Tourism & Hospitality | Wednesday 20 November, 2024 12:13 pm

Jon & Vinny’s brings its famous breakfast menu to Riyadh

A favorite at its celebrity-loved California restaurants, the menu playfully marries the flavors of Italy with comfort food classics, offering both an indulgent or wholesome start to the day After a busy summer introducing its famous Italian-inspired cuisine to Riyadh, Jon & Vinny’s is...

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