Business & Money | Monday 20 January, 2025 8:00 am

In 2024, NWC completed 118 projects worth SR +5.5 billion for 1.8 million beneficiaries

The National Water Company (NWC) announced that it has completed 118 water and sanitation projects in 2024 across all regions of the Kingdom at a cost of more than 5.57 billion Saudi riyals, benefiting 1.8 million beneficiaries. During a workshop in Dammam, the company gave an overview of the...

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Business & Money | Monday 20 January, 2025 8:00 am

Sulaiman Al Habib to start ops at Riyadh's Al Hamra Hospital on Jan. 21

Dr. Sulaiman Al Habib Medical Services Group said it obtained on Jan. 17 the Ministry of Health’s final license to operate Al Hamra Hospital in Riyadh. In a statement to Tadawul, the healthcare provider pointed out that the 90-bed capacity hospital will start operations on Jan....

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Business & Money | Monday 20 January, 2025 8:00 am

SPIMACO inks sale, distribution contract for SAR 164.1M annually

Saudi Pharmaceutical Industries and Medical Appliances Corp. (SPIMACO) signed on Jan. 16 a five-year contract with Ibrahim bin Muhammad Al Hadithi International Co. for the sale and distribution of a number of medical products. In a statement on Tadawul, SPIMACO noted the annual value of...

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Business & Money | Monday 20 January, 2025 8:00 am

Aramco tops world’s most profitable companies

The technology, energy, and financial sectors dominated the list of the world's most profitable companies in 2024, led by Saudi Aramco that outperformed Apple, according to a report by Visual Capitalist. A select group of corporate titans continues to dominate the financial landscape,...

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Business & Money | Monday 20 January, 2025 8:00 am

126 agreements, MoUs worth SAR 107B signed at FMF

The fourth edition of the Future Minerals Forum (FMF), held in Riyadh, witnessed the signing of 126 agreements and memorandums of understanding (MoUs) worth SAR 107 billion. The agreements aim to enhance exploration, mining, financing, research and development, innovation, sustainability,...

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Business & Money | Monday 20 January, 2025 8:00 am

Mining investments in RCJY cities reach SAR 185b: Official

Investments in the mining sector across the cities of the Royal Commission for Jubail and Yanbu (RCJY) currently total SAR 185 billion, according to RCJY President Khalid Al-Salem. Speaking to CNBC Arabia, Al-Salem highlighted that Yanbu and Jizan are poised to attract significant...

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Business & Money | Monday 20 January, 2025 8:00 am

Arab Health marks its 50th-anniversary celebration with the launch of four new conferences

Arab Health 2025, the Middle East’s largest and most influential healthcare event and congress, has announced the launch of four new conferences, forming part of the Arab Health Congress 2025, namely EmpowHer: Women in Healthcare, Digital Health & AI, and Healthcare Investment Summit,...

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Business & Money | Monday 20 January, 2025 8:00 am

Evolving risks of virtual assets explored at Intersec 2025 Policing Conference

The rise in virtual asset-enabled crime, including money laundering and illicit fund transfers, was a key focus of discussions at the inaugural Intersec 2025 Policing Conference, which concludes today at the Dubai World Trade Centre (DWTC).  The conference provides a critical platform for ...

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Technology & IT | Sunday 19 January, 2025 2:17 pm

HONOR Participates In Chinese New Year Celebrations at Diplomatic Quarter in Saudi Arabia

On January 10 and 11, 2025, the Diplomatic Quarter in Riyadh came alive with the vibrant colors and traditions of the Chinese New Year. Organized by the Chinese Embassy in Saudi Arabia, the event, themed “Welcoming the Spring Festival with Warmth and Celebrating the Chinese New Year,” offered a ...

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Business & Money | Sunday 19 January, 2025 10:40 am

Mayar subsidiary enhances contract with NEOM by SAR 2.3M

Mayar Holding Co. announced a SAR 2.3 million increase, excluding VAT, in the contract value between its subsidiary, Saudi Drip Irrigation Co., and NEOM Co. In a statement to Tadawul, the company noted that this increase represents 8% of the original contract value. It also...

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