Business & Money | Monday 22 April, 2024 9:06 am

Inaugural SaudiFood Manufacturing show to put spotlight on Kingdom’s F&B manufacturing industry

The inaugural edition of SaudiFood Manufacturing, the first dedicated F&B manufacturing event in the Kingdom spanning processing, packaging and ingredients; will be the launchpad for the industry to take its place at the heart of Saudi Arabia’s economic transformation. Following the highly...

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Business & Money | Sunday 21 April, 2024 10:50 am

Ajman real estate transactions reach AED4.3 billion in Q1 2024

The total value of real estate transactions in Ajman reached AED4.3 billion during the first quarter of 2024, reflecting a remarkable growth of over 26.6% compared to the same period in 2023. Sheikh Abdulaziz bin Humaid Al Nuaimi, Chairman of the Department of Land and Real Estate Regulation...

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Business & Money | Sunday 21 April, 2024 10:42 am

PureHealth Holding appoints Q Market Makers LLC as liquidity provider

PureHealth Holding PJSC (PureHealth), the largest integrated healthcare network in the Middle East, is pleased to announce its collaboration with Q Market Makers LLC (QMM), who has been appointed as its liquidity provider. This partnership underscores PureHealth’s commitment to enhancing its...

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Business & Money | Sunday 21 April, 2024 10:33 am

Emaar Properties to cover all costs for repairs of homes within its communities affected by recent severe weather in Dubai

Emaar Properties announced that it will cover all costs for repairs of homes within its communities affected by the recent severe weather in Dubai, ensuring that residents face no financial burden. Emaar Properties is deeply committed to the well-being of its community. Since the severe rains...

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Business & Money | Sunday 21 April, 2024 10:20 am

Jarir lowers prices to ensure strong market share: Chairman

Jarir Marketing Co. (JMC) continues to boost its market share, which will result in further growth, Chairman Muhammad Alagil told Argaam. He added that Jarir reduced prices to ensure an increase in its market share amid fierce competition in the retail sector, leading to a decrease in profit...

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Business & Money | Sunday 21 April, 2024 9:49 am

RAKEZ to showcase business set-up solutions Ras Al Khaimah offers to German investors at Hannover Messe 2024

Ras Al Khaimah Economic Zone (RAKEZ) is set to participate in Hannover Messe, one of the world’s largest manufacturing industry trade fairs, taking place from 22 to 26 April 2024, in Germany. This participation underscores RAKEZ's strategic focus on the German market and the economic zone’s...

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Business & Money | Sunday 21 April, 2024 9:23 am

Tasnee shareholders approve transferring SAR 905.3M to retained earnings

Shareholders of National Industrialization Co. (Tasnee) approved transferring SAR 905.3 million from its statutory reserve, as per the financial statements for the period ended Dec. 31, 2023, to retained earnings in the general meeting held on April 18. In a statement to Tadawul, the company...

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Business & Money | Sunday 21 April, 2024 9:18 am

New Murabba Development Company Showcases Commitment to Innovation and Sustainability at AACE Conference in Riyadh

New Murabba Development Company, a visionary urban destination transforming downtown Riyadh, participated in the recent Association for the Advancement of Cost Engineering (AACE) Saudi Arabia Conference, held between April 17-18, 2024 in Riyadh’s Al Faisaliah Hotel, under the theme “Navigating...

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Business & Money | Sunday 21 April, 2024 9:01 am

ADNIC completes acquisition of 51% Allianz Saudi Arabia stake to drive regional growth strategy

 Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for both corporates and individuals, has completed the strategic acquisition of a 51% stake in Allianz Saudi Fransi Cooperative Insurance Company in Saudi Arabia.   The...

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Business & Money | Saturday 20 April, 2024 5:02 am

Spain invests $3B in Saudi Arabia, new agreement to be sealed in May: Al-Hogail

Investments between Saudi Arabia and Spain are experiencing significant momentum. The value of Spanish investment in the Kingdom has exceeded $3 billion over the past decade, with 40% of it relating to the real estate sector, Minister of Municipal, Rural Affairs and Housing Majid Al-Hogail, said in ...

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