“Jazeera Paints”, the leading company in the industry of paints, colors and construction solutions in KSA and MENA, selected a distinctive range of colors that play an effective role in expanding narrow room spaces and transforming them into comfortable and spacious areas, including light...
His Excellency Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, held bilateral meetings with government officials and CEOs of Chinese companies during a visit to the People’s Republic of China. His visit builds on the industry and...
The UAE, represented by the Ministry of Finance (MoF) and the Central Bank of the UAE (CBUAE), participated in the third meeting of Finance Ministers and Central Bank Governors of the G20 (G20 FMCBG), which took place on 25-26 July under Brazil's presidency for the year 2024. The event was...
Ras Al Khaimah Economic Zone (RAKEZ) hosted an exclusive session for its clients, dedicated to exploring the practical applications of Artificial Intelligence (AI) in sales and marketing. The event aimed to demystify AI, presenting it as a practical tool that businesses, especially SMEs, can...
During the 14th BRICS Trade Ministers Meeting, attended by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, the UAE renewed the call for enhanced trade cooperation among member nations and firm opposition to stimulate the flow goods and services around the world. It is the...
China's biggest listed steelmaker, Baoshan Iron and Steel Co. (Baosteel) has doubled its investment in the steel plate manufacturing complex in Saudi Arabia to reach $1 billion. According to Bloomberg, the company announced that it will own a 50% stake in the joint venture. Saudi...
Saudi Basic Industries Corp. (SABIC) will hold a press conference on Aug. 1 to discuss the company’s Q2 2024 performance and financial results. According to consensus estimates, SABIC is forecast to record a net profit of SAR 759.61 million in Q2 2024, compared to SAR 1.2 billion ...
Riyadh Development Co. said that the average asset valuation exercise for the proposed partnership with Riyadh Holding Co. to develop Dirah district amounts to SAR 1.5 billion (fair value based on latest valuation). The new entity’s portfolio comprises commercial centers on a...
The Transport General Authority (TGA) announced record numbers for the Kingdom's trains, as passengers surpassed 9.3 million during the second quarter of 2024, with a growth rate of 13%. In a statement, TGA clarified that the Kingdom's trains transported 2.42 million passengers between...