21 Rabi' I 1446 - 24 September 2024
    
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Eye of Riyadh

 Valuable Capital Financial Company joins Saudi Exchange Tadawul as new member
Business & Money | Thursday 30 November, 2023 8:46 am
Valuable Capital Financial Company (VCFC), a portfolio company of PIF-backed private equity firm eWTPA, announced that it has become a registered member of the Saudi stock exchange, Tadawul, as well as its affiliates, the Securities Depository Center Company (Edaa) and the Securities Clearing...
Jazan Investment Forum sees signing of agreements worth SAR 32B
Business & Money | Thursday 30 November, 2023 8:31 am
The Jazan Investment Forum, which kicked off today, witnessed the signing of a number of agreements and memorandums of understanding (MoUs) between several local and foreign entities, valued at about SAR 32 billion and will create more than 7,000 job opportunities.   This included...
Four Tips for the Autumn Home Makeover
Business & Money | Wednesday 29 November, 2023 3:37 pm
At the start of the colder season, you might want to get your home ready to make things cozier around the house. Depending on where you live, you might need a little more planning or implement a few tweaks here and there to improve your living space. Here are a few tips that can help you...
Discover the Best of Thailand at Thailand Mega Fair 2023 – Riyadh, Saudi Arabia
Business & Money | Wednesday 29 November, 2023 11:44 am
The Kingdom of Saudi Arabia is set to witness the grand inauguration of the first-ever "Thailand Mega Fair," a spectacular business and entertainment event organized by Index Creative Village Public Company Limited in collaboration with the Thai Chamber of Commerce and Board of Trade of Thailand...
Universal Islamic Food Industries invests AED 150M in Ras Al Khaimah
Business & Money | Wednesday 29 November, 2023 11:42 am
Universal Islamic Food Industries (UIFI) a Kuwaiti based group of companies has  has set up a new massive manufacturing unit in  Ras Al Khaimah with an investment of around AED 150 million. This modern, state-of-the-art facility, located in the Al Hamra Industrial Zone, extends over an...
Saudi Cable signs tripartite agreement to transfer SAR 232.7M debt to Tathmeer
Business & Money | Wednesday 29 November, 2023 11:19 am
Saudi Cable Co. (SCC) signed a tripartite agreement with Al Rajhi Banking Investment Co. and Tathmeer Investment Co., under which Al Rajhi Banking transferred to Tathmeer its rightful claim on a due debt from Saudi Cable worth SAR 232.74 million.   The recent action was taken in...
Retal inks SAR 374.8M deal with Roshn to purchase, develop land
Business & Money | Wednesday 29 November, 2023 11:14 am
Retal Urban Development Co. signed on Nov. 28 an agreement with Roshn Real Estate Co., a subsidiary of the Public Investment Fund (PIF), to purchase and develop residential land for housing units in Sedra residential neighborhood in Riyadh.   In a statement on Tadawul, the...
PIF signs binding agreement with Ferrovial to buy 10% of Heathrow Airport
Business & Money | Wednesday 29 November, 2023 11:07 am
The Public Investment Fund (PIF) entered into a share purchase agreement to acquire a 10% stake in FGP TopCo (TopCo), the holding company of Heathrow Airport Holdings Ltd, from Ferrovial S.A. Under the terms of the agreement, PIF will acquire 10% in TopCo, and Ardian through its infrastructure ...
MBC JOINS THE RED SEA INTERNATIONAL FILM FESTIVAL AS A PRINCIPAL SPONSOR
Business & Money | Wednesday 29 November, 2023 10:36 am
The Red Sea International Film Festival is proud to announce MBC as its principal sponsor for 2023. MBC Group has been a staunch supporter of the festival since its inception in 2021, marking their third consecutive year of sponsorship. MBC Group is the largest and leading...
ENOC Group honours the nation’s remarkable journey on its 52nd UAE National Day
Business & Money | Wednesday 29 November, 2023 9:50 am
In celebration of the 52nd UAE National Day, ENOC Group joined the nationwide celebrations with a range of traditional and fun-filled activities held at its head office in Dubai. This year, marking 2023 as the Year of Sustainability, the Group celebrations also included traditional...
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