Business & Money | Wednesday 22 January, 2025 9:31 am

BAAN Holding awarded SAR 436M catering services project

BAAN Holding Group Co. announced receiving a project award to provide catering services at a residential complex in Neom, managed by Almutlaq Real Estate Investment Co’s (AREIC) subsidiary, Al-Mutlaq Services, with an estimated value of approximately SAR 436 million. In a statement to...

More Details

Business & Money | Wednesday 22 January, 2025 9:29 am

Tharwah awarded SAR 9.8M project by government entity

Altharwah Albashariyyah Co. (Tharwah) received on Jan. 21 an award notification from a government entity for a project worth SAR 9.83 million, inclusive of value-added tax. In a statement to Tadawul, the company pointed out that the contract is expected to be signed on Feb. 23. The...

More Details

Business & Money | Wednesday 22 January, 2025 9:24 am

TAM receives SAR 24.8M purchase order from government entity

TAM Development Co. received a purchase order for a project worth SAR 24.8 million, within the framework agreement concluded with a government agency, according to a Tadawul statement. The order is valid for 12 months, the company said, adding that there are no related parties to the...

More Details

Business & Money | Wednesday 22 January, 2025 9:01 am

Saudi Arabia spent SAR 93.7B to develop digital infrastructure: Al-Kassabi

Saudi Arabia spent SAR 93.7 billion on developing its digital infrastructure, to be ready for automation and digital transformation, in addition to allocating another SAR 75 billion for future development, Minister of Commerce Majid Al-Kassabi, said. In a session on “services trade” at the ...

More Details

Technology & IT | Tuesday 21 January, 2025 7:18 pm

Embarking on an AI-driven Smartphone Photography Journey with the All-new AI HONOR Image Engine

Smartphone photography has undergone an immense revolution in the past decade, placing in consumers’ hands the kinds of powerful image technologies that were once only possible with full-frame cameras. With a steadfast commitment to providing users around the world with the best-in-class...

More Details

Beauty & Style | Tuesday 21 January, 2025 12:03 pm

"Jazeera Paints" the Strategic Partner of the "Marsam Design Award" Ceremony

“Jazeera Paints”, the leading company in the industry of paints, colors and construction solutions in KSA and MENA, has participated as a Strategic Partner in the Marsam Design Award ceremony, organized by the Architecture and Design Commission on January 16-17, 2025, at the IPA Narjis Branch,...

More Details

Business & Money | Tuesday 21 January, 2025 9:41 am

Kingdom Holding resumes Jeddah Tower construction

Kingdom Holding Co. (KHC) announced today, Jan. 20, the official restart of construction and concrete pouring for the Jeddah Tower. Jeddah Economic Co. (JEC) is overseeing the project, in partnership with global architectural firm Adrian Smith + Gordon Gill Architecture, along with engineering ...

More Details

Business & Money | Tuesday 21 January, 2025 9:33 am

Al Jouf Cement inks SAR 38M contract to export cement to Syria

Al Jouf Cement Co. inked a contract with Mohammed Shahi Al-Ruwaili Contracting at a total value of SAR 38 million, according to a statement to Tadawul. Under the contract, Al Jouf Cement will export all types of cement and clinker to Syria. The contract’s value is 10% higher than the...

More Details

Business & Money | Tuesday 21 January, 2025 9:32 am

Red Sea subsidiary signs SAR 266M contract

Red Sea International Co.'s subsidiary, Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed a SAR 266 million contract with ALEC Saudi Arabia Engineering and Contracting LLC. The deal covers mechanical and electrical works for the Scientific Discovery and Innovation...

More Details

Business & Money | Tuesday 21 January, 2025 8:00 am

Ajman sees significant growth in BCI, hitting 135 points

Ajman has recorded a significant boost in business activity during 2024, highlighted by a remarkable growth in the number of economic licences issued and a substantial rise in the Business Confidence Index (BCI). Statistics from the Department of Economic Development in Ajman (Ajman DED)...

More Details