Business & Money | Thursday 25 July, 2024 12:19 pm

EGA to digitally connect metal quality analysis system to London Metal Exchange

Emirates Global Aluminium (EGA) today announced that it became the first company in the world to digitally connect its metal quality analysis system to the London Metal Exchange. The digital connection automates the process of submitting certificates of analysis, which are key specification...

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Business & Money | Thursday 25 July, 2024 12:15 pm

stc shareholders OK PIF’s acquisition of TAWAL for SAR 8.7B

Shareholders of telecom major stc approved, on July 24, the business and contracts concluded with the Public Investment Fund (PIF), under which the fund will acquire a 51% stake in Telecommunication Towers Co. Limited (TAWAL) for SAR 8.7 billion. In a statement to Tadawul, stc said...

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Business & Money | Thursday 25 July, 2024 12:03 pm

FOURTH PHASE OF RIVIERA BY AZIZI DEVELOPMENTS HITS 87% MILESTONE

 Azizi Developments, a leading private real estate developer in the UAE, has announced the substantial progress of the fourth phase of Riviera, its French Mediterranean-inspired waterfront community located in the highly sought-after Mohammed Bin Rashid City, amid Dubai’s most important...

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Business & Money | Thursday 25 July, 2024 11:17 am

RAKBANK Collaborates with Wipro to Establish a Testing Center in Dubai to Accelerate Banking Innovation

RAKBANK, a prominent financial institution in the United Arab Emirates, today announced that it has collaborated with Wipro Limited, a leading technology services and consulting company, to establish a Testing Center of Excellence (TCoE) designed to accelerate innovation and enhance the quality and ...

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Business & Money | Thursday 25 July, 2024 11:10 am

Exceptional maritime & logistics growth for the Kingdom in 2024

As the Kingdom of Saudi Arabia continues to sail towards its Vision 2030 ambition, it is not just charting a new course for itself but is also establishing benchmarks for innovation and development on the global stage. Showcasing investment opportunity in the maritime and logistics sectors,...

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Business & Money | Wednesday 24 July, 2024 11:25 am

Sharjah, Tunis chambers explore cooperation in exhibition sector

A delegation from the Sharjah Chamber of Commerce and Industry has ended a successful visit to the Chamber of Commerce and Industry of Tunis (CCIT), along with several economic institutions and entities in the republic of Tunisia. During the visit, they discussed ways to enhance joint work in...

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Business & Money | Wednesday 24 July, 2024 11:19 am

Borouge signs Project Collaboration Agreement for speciality polyolefins complex in China as part of consortium

Borouge Plc, a leading petrochemicals company providing innovative and differentiated polyolefins solutions, today announced an acceleration of its growth plans in its core Asia market, through a strategic consortium, aimed at developing a speciality polyolefins complex in China. The...

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Business & Money | Wednesday 24 July, 2024 11:14 am

DEWA renews 'Effective Governance Management Systems' certification for 8th year

Dubai Electricity and Water Authority (DEWA) has renewed the BS 13500:2013 certification in Effective Governance Management Systems for the 8th consecutive year, following a comprehensive audit by the British Standards Institute (BSI). This covered key governance areas, including Human...

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Business & Money | Wednesday 24 July, 2024 10:44 am

Al Jouf Cement signs SAR 104.2M contract with Webuild SpA

Al Jouf Cement Co. signed on July 23 a contract worth SAR 104.2 million, excluding VAT, with Webuild SpA to sell cement to the latter for NEOM projects The contract duration is 41 months from the signing date, the cement producer said, adding that the contract is subject to increased...

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Business & Money | Wednesday 24 July, 2024 9:43 am

Al Jouf Cement reschedules SAR 154.5M facilities with SAB

Al Jouf Cement Co. signed an agreement to reschedule Shariah-compliant facilities with Saudi Awwal Bank (SAB) to support its operations, according to Tadawul website. The cement producer said the financing duration, before and after rescheduling, is seven years ending 2031 instead of 2027,...

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