Business & Money | Tuesday 29 October, 2024 12:03 pm

Zain KSA Achieves SAR 7.7 Billion in Revenue, 33% Profit Growth in First Nine Months of 2024

Zain KSA has announced its financial results for the first nine months of 2024, achieving revenue of SAR 7.7 billion, a 4.5% year-on-year growth. Net profit over the period amounted to SAR 322 million, a 33% increase compared to the corresponding 2023 period, excluding the tower sales...

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Business & Money | Tuesday 29 October, 2024 12:00 pm

Adaverse Invests in TGE: A Leading Web3 Solutions for Environmental Sustainability in Saudi Arabia

Adaverse, the leading Web3 and blockchain fund in Saudi Arabia, announces a strategic investment in TGE (Tharawat Green Exchange), a innovative startup leveraging Web3 technology to support environmental sustainability initiatives in line with Saudi Vision 2030. Addressing Climate Change...

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Business & Money | Tuesday 29 October, 2024 11:52 am

Tatweer and Kayan Sign Strategic Partnership to Enhance Qualification and Training Programs

Tatweer proudly announces its partnership with Kayan to enhance access to advanced training programs aimed at developing the skills and competencies of the association’s beneficiaries. This agreement, signed by Riyadh Al Thaqafi, CEO of Tatweer, and Noura Al Fayez, Vice Chairman of Kayan’s ...

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Business & Money | Tuesday 29 October, 2024 11:48 am

GE HealthCare, Ascend Solutions, and Meena Health partner to advance patient-centric care in Saudi Arabia

GE HealthCare (Nasdaq: GEHC), a leading global medical technology and digital solutions innovator, has signed a non-binding Memorandum of Understanding (MoU) with Meena Health, a leading comprehensive care institution in Saudi Arabia, and Ascend Solutions, GE HealthCare’s distribution arm, to...

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Business & Money | Tuesday 29 October, 2024 11:46 am

Modon Holding partners with LuLu to develop retail facilities in the UAE and Egypt

Modon Holding PSC (“Modon Holding”) announced today that it has partnered with LuLu Retail, a leading retail chain in the Middle East, to develop and operate hypermarkets and other retail facilities in the UAE and Egypt.  Modon Holding will leverage its expertise in large-scale...

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Business & Money | Tuesday 29 October, 2024 11:32 am

At Dubai Future Foundation’s Flagship Event Dubai Future Forum 2024 Gathers 2,500 Futurists to Answer World’s Most Intriguing Questions About Humanity

Under the patronage of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, and Chairman of the Board of Trustees of the Dubai Future Foundation (DFF), the third edition of the Dubai Future Forum will be held at the Museum ...

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Business & Money | Tuesday 29 October, 2024 11:28 am

ONE Development unveils “Laguna Residence”, its AED 2 billion AI-Integrated project at Dubai’s City of Arabia

 ONE Development, a homegrown boutique developer with offices and showrooms in Abu Dhabi and Dubai, yesterday revealed details of its flagship AED 2 billion project in Dubai’s City of Arabia. This development is expected to become an iconic strategic project that will attract homebuyers and...

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Business & Money | Tuesday 29 October, 2024 11:19 am

NEOM Board of Directors showcases progress with opening of Sindalah, a new luxury travel destination in the Red Sea

Sindalah, the luxury island destination and first physical showcase of NEOM, has been unveiled by the NEOM Board of Directors. First announced by His Royal Highness Mohammed bin Salman, Crown Prince and Chairman of the NEOM Board of Directors in December 2022, Sindalah’s opening marks an exciting ...

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Business & Money | Tuesday 29 October, 2024 11:16 am

Solventum Presents Innovative Coding and Documentation Solutions at Global Health Exhibition to Advance AR-DRG Implementation in Saudi Arabia

Solventum, formerly 3M Health Care, a global leader in MedTech and innovative healthcare solutions, recently concluded its participation at the Global Health Exhibition in Riyadh, Saudi Arabia, where it highlighted its integral role in supporting the implementation of AR-DRG within the Kingdom’s...

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Business & Money | Tuesday 29 October, 2024 10:09 am

Shams to invest SAR 244M in SEDCO Capital-managed fund

Tourism Enterprise Co.’s (Shams) board of directors decided today, Oct. 28, to pump SAR 243.8 million in investments through a closed-end private equity fund managed by SEDCO Capital and licensed by the Capital Market Authority (CMA). The fund will develop a five-star Fairmont hotel at Ajdan ...

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