Business & Money | Monday 18 December, 2023 9:07 am

TAM commences work in its project with Ministry of Hajj and Umrah

Tam Development Co. started its work and tasks on its project with the Ministry of Hajj and Umrah according to its schedule after signing commencement minutes until receiving the official contract signed by both parties.   The contract was delayed due to some administrative...

More Details

Business & Money | Monday 18 December, 2023 9:03 am

AWPT inks contract with NWC to operate, maintain Jazan water projects

Alkhorayef Water and Power Technologies Co. (AWPT) signed today, Dec. 17, a 36-month contract with the National Water Co. (NWC) for the operation and maintenance of water projects in the villages and cities of Jazan, according to a statement to Tadawul.   The company won the contract ...

More Details

Business & Money | Monday 18 December, 2023 8:56 am

OneDegree secures funding from Dubai Insurance and launches partnership for digital asset insurance

OneDegree, Asia’s first licensed insurer for digital assets, has partnered with Dubai Insurance Co. to offer digital asset insurance in the United Arab Emirates (UAE) and support web3 players in top hubs in the region, especially the UAE, after supporting clients in successfully obtaining...

More Details

Business & Money | Sunday 17 December, 2023 2:05 pm

EVA Pharma Announces Groundbreaking of its Research & Manufacturing Complex in Sudair

EVA Pharma, one of the fastest-growing pharmaceutical companies in the Middle East and Africa (MEA), solidifies its unwavering dedication to the Saudi market with a series of monumental achievements. This includes the groundbreaking ceremony for the state-of-the-art pharmaceutical research and...

More Details

Business & Money | Sunday 17 December, 2023 11:40 am

Jotun’s Bold Expansion: A New Chapter in Riyadh’s Dynamic Financial District

Jotun, the global leading paint and coating manufacturers, is pleased to announce the opening of its new office in the prestigious King Abdullah Financial District (KAFD) in Riyadh. Present at the grand opening ceremony which was scheduled for December 6, 2023, were Thomas Lid, the Ambassador of...

More Details

Business & Money | Sunday 17 December, 2023 10:40 am

Tibbiyah unit seals SAR 142.3M contract with AGU

Arabian International Healthcare Holding Co.’s (Tibbiyah) 100% owned subsidiary, Al Faisaliah Medical Systems Co.(FMS), inked on Dec. 14 a SAR 142.3 million contract with Arabian Gulf University (AGU), according to a statement to Tadawul.     The...

More Details

Business & Money | Sunday 17 December, 2023 10:34 am

SAMA issues rules regulating BNPL companies

The Saudi Central Bank (SAMA) issued rules regulating buy-now, pay-later (BNPL) companies as part of its role in supervising and controlling these firms.  These rules define BNPL activity as a type of financing that allows a consumer to purchase goods or services...

More Details

Business & Money | Sunday 17 December, 2023 10:22 am

Porsche Design and HONOR Join Forces to Combine Cutting-Edge Technologies with Functional Design

The global technology brand HONOR and the luxury lifestyle brand Porsche Design have announced a strategic partnership. Both brands are united by the vision of creating innovative products that combine exceptional and functional design with cutting-edge technology. Driven by their shared values of...

More Details

Business & Money | Sunday 17 December, 2023 10:02 am

Arab plats Ends in Dubai with sustainable projects worth $ 88 million

Arab plast 2023 in Dubai witnessed the signing of agreements for petrochemical companies to establish projects that produce raw materials that serve the environment and sustainability goals, worth more than $ 88 million. Participants in the exhibition predicted that the rate of plastic...

More Details

Business & Money | Sunday 17 December, 2023 9:52 am

ADDED releases sustainability report, reaffirming commitment to green economy

Measures to reduce emissions and support the UAEs transition to a cleaner, green world have seen a 15% decrease in waste generation from the Abu Dhabi Department of Economic Development (ADDED).  ADDED’s commitment to environmentally sustainable standards, including waste and pollution...

More Details