Business & Money | Sunday 10 September, 2023 1:21 pm

‘Thakher Makkah’ Unveils SAR 200M Project during Cityscape Global

Thakher Development Company, the master developer of the master plan and infrastructure of Thakher Makkah project, has announced the launch of “Radisson Hotel & Residences”, with a value exceeding SAR 200 Million.  The announcement was made during the Cityscape Global Exhibition,...

More Details

Business & Money | Sunday 10 September, 2023 10:36 am

India in the spotlight as G20 Summit kicks off in New Delhi

The 18th Group of 20 (G20) Heads of State and Government Summit kicked off today in the Indian capital, New Delhi, with deliberations covering key global issues, as well as accelerating collective progress to drive sustainable development, balanced economic growth and climate action...

More Details

Business & Money | Sunday 10 September, 2023 10:28 am

The Emerging Tech Summit – Saudi Arabia 2023

The Emerging Tech Summit (ETS) is set to take centre stage on the 8th and 9th of November at the Voco, Riyadh, bringing together the most influential leaders and forward-thinkers in the technology industry. This exclusive by-invitation-only event is poised to reshape the landscape of...

More Details

Business & Money | Sunday 10 September, 2023 9:43 am

Italian banks study to enter Saudi market in coming period: Report

Some Italian banks are considering entry into the Saudi market over the coming period, in line with the strengthening of business relations between Riyadh and Rome, Asharq Al-Awsat newspaper reported, citing unnamed banking sources.   The economic relations between both countries may ...

More Details

Business & Money | Sunday 10 September, 2023 9:38 am

Care signs agreement to buy hospital in Jeddah for SAR 193.2 mln

National Medical Care Co. (Care) signed on Sept. 8 an agreement with Saudi Medical Care Group (SMG) to purchase the entire ownership of Chronic Care Specialized Medical Hospital in Jeddah, according to a statement to Tadawul.     The deal is valued at SAR 193.2...

More Details

Business & Money | Sunday 10 September, 2023 9:20 am

Tanmiah Food signs SAR 200 mln JV agreement for poultry

Tanmiah Food Co. announced the signing of a shareholders' agreement between its wholly-owned subsidiary, Desert Hills Veternary Co., and MHBSE, to establish a joint venture (JV). In a statement to Tadawul, Tanmiah pointed out that the partnership consolidates the efforts of Desert Hills...

More Details

Business & Money | Sunday 10 September, 2023 9:18 am

Arab Housing & Community Development Forum 2023 to address Sustainable Housing Solutions for the Arab World's Future

Amidst the ever-evolving global economic landscape and the dynamic growth of the Arab world's population, the housing market in the region has reached unprecedented levels of demand and innovation. In response to this imperative, the Arab Housing & Community Development Forum will be...

More Details

Business & Money | Sunday 10 September, 2023 9:15 am

Sherwoods International Property Showcases Diverse Real Estate Portfolio at CityScape Riyadh

Sherwoods International Property, a distinguished name in the real estate industry, is set to make a significant presence at the upcoming CityScape exhibition in Riyadh, scheduled from the 10th to the 13th of September. The event promises to be a platform where Sherwoods will showcase a...

More Details

Business & Money | Sunday 10 September, 2023 9:10 am

Sports Boulevard to showcase its ambitions to transform the city of Riyadh at Cityscape Global 2023

The Sports Boulevard will play a key role as a strategic partner at this year’s Cityscape Global, a major real estate event in Riyadh Exhibition & Convention Center, attended by regional and international industry experts. The Sports Boulevard will have an exhibition booth where visitors ...

More Details

Business & Money | Saturday 9 September, 2023 12:57 am

Aramco dividend to push govt budget into additional surplus

Saudi Arabia's budget estimates have not been revised for 2023, but factoring in Aramco’s PLD the government surplus might reach SAR 56 billion despite the output cut, Al Rajhi Capital stated in a recent report.   "For 2023, we believe oil revenues could reach SAR 749 billion...

More Details