Business & Money | Saturday 12 March, 2022 12:45 pm

MoD signs 23 contracts worth over SR13 billion at WDS 2022

The Ministry of Defense (MoD) announced the closing of 23 deals worth more than SR13 billion with local and international companies on the fourth day of the World Defense Show (WDS) 2022.The MoD signed five deals with the Saudi Arabian Military Industries (SAMI), two of which were closed with the...

More Details

Business & Money | Saturday 12 March, 2022 12:43 pm

DGA announces strategic directions and launches its new identity

The Digital Government Authority (DGA) announced the strategic directions of the digital government and revealed its new identity, in addition to launching several initiatives at a ceremony held Wednesday in the city of RiyadhThe event was held under the patronage of the Chairman of the Board of...

More Details

Business & Money | Saturday 12 March, 2022 12:42 pm

World Defense Show concludes with SR29.7bn in deals

Following four trade days that brought together 600 defense and security exhibitors from 42 countries, the World Defense Show concluded its first edition on Wednesday recording SR29.7 billion in deals.Founded by the General Authority for Military Industries (GAMI), the show, focused on defense...

More Details

Business & Money | Friday 11 March, 2022 4:33 pm

Sheikh Mohammed approves law to regulate cryptocurrencies and NFTs

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, approved a first-of-its-kind law to regulate virtual assets in Dubai. The Dubai Virtual Asset Regulation Law presents an advanced legal framework to protect investors and promote...

More Details

Business & Money | Friday 11 March, 2022 2:00 pm

Jazeera Paints as the Construction Solutions Partner in Real Estate Future Forum: how to develop the quality of life in real estate development in Saudi Arabia

Jazeera Paints, the leading Saudi company in the field of paints, colors, and construction solutions, participated in the Real Estate Future Forum, which was held recently over two days at the Four Seasons Hotel, in the Kingdom Center in Riyadh, from Feb 23-24, 2022, and sponsored the forum as ...

More Details

Business & Money | Thursday 10 March, 2022 2:15 pm

Spotlight to shine on Riyadh for 3rd Beautyworld Saudi Arabia

Dedicated beauty, fragrance, and wellbeing trade fair turns to Kingdom’s capital for renewed business opportunities  International and local exhibitors eye slice of Saudi’s vibrant US$5.5 billion beauty and personal care market  The spotlight is about to shine bright on...

More Details

Business & Money | Wednesday 9 March, 2022 11:03 am

AACC partners with Safran to develop commercial aircraft and military rotary landing gears MRO capabilities

Aircraft Accessories and Components Company (AACC), a subsidiary of SAMI Aerospace business division of SAMI, announced the signing of a partnership agreement with Safran Landing Systems, a world leader in landing gear maintenance, repair, and overhaul (MRO). The partnership will enable AACC to...

More Details

Business & Money | Wednesday 9 March, 2022 10:32 am

Five trends making room for HR and payroll professionals at the decision-making table

In a world of rising complexity, the HR and Payroll profession demands a seat at the decision-making tableBy Yolandi Esterhuizen , Registered Tax Practitioner & Director: Product Compliance, Sage Africa & Middle East Over the past decade, human resources (HR) and payroll professionals...

More Details

Business & Money | Tuesday 8 March, 2022 10:01 am

AMAK IPO book building closes successfully with 73.6 times institutional coverage and the final offer price is set at 63 Saudi Riyals

Al Rajhi Capital in its capacity as the Financial Advisor, Lead Manager, Bookrunner and Underwriter of the public offering of Al Masane Al Kobra Mining Company (AMAK) announced the completion of the book building process for the participating parties. The final offer price is set at 63 Saudi Riyals ...

More Details

Business & Money | Sunday 6 March, 2022 3:09 pm

Saudi Ministry of Human Resources and Social Development and Jadwa Investment launch funds to develop non-profit sector

The Saudi Ministry of Human Resources and Social Development and Jadwa Investment, a leading investment management and advisory firm in Saudi Arabia and the wider region, jointly announced the establishment of two investment funds to further develop the non-profit sector at a launch event hosted by ...

More Details