Business & Money | Thursday 18 July, 2024 7:49 am

Growth in MEA's office and education sectors unfolds positive outlook for paper and stationery products

The expansion of the office and education sectors in the Middle East and Africa (MEA) is driving significant growth in the paper products sector, according to findings from 6W research. They estimate that market revenues for paper and paper products will reach US$16.4 billion by 2030, growing at a...

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Business & Money | Thursday 18 July, 2024 7:27 am

Cityscape Egypt 2024: The Largest Edition to Date, Set to Run from September 25 to 28

Informa Markets, a globally renowned leader in organizing exhibitions, has unveiled plans for the largest edition of Cityscape to date. The 13th edition of this premier event is scheduled to take place from September 25 to 28 at the Egypt International Exhibition Center (EIEC) in New Cairo....

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Business & Money | Thursday 18 July, 2024 6:12 am

Bitget Q2 Report Highlights $700M Capital Inflow and nearly 50% Rise in Traffic

VICTORIA, Seychelles — Bitget, the leading cryptocurrency exchange and Web3 company, has released the quarterly transparency report for Q2 2024 showcasing the company's progress in the year so far. Q2 2024, Bitget experienced a substantial increase in website traffic, seeing a nearly 50% rise,...

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Business & Money | Wednesday 17 July, 2024 3:58 pm

Cityscape Egypt 2024: The Largest Edition to Date, Set to Run from September 25 to 28

Featuring the Return of the Cityscape Conference with Key Decision-Makers Supporting Real Estate Sector Development Informa Markets, a globally renowned leader in organizing exhibitions, has unveiled plans for the largest edition of Cityscape to date. The 13th edition of this premier event is...

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Government | Wednesday 17 July, 2024 11:21 am

Cabinet approves national minerals program

The Cabinet approved today, July 16, the development of a national minerals program, which will be linked to the Ministry of Industry and Mineral Resources.  The Cabinet also approved the extension of the Jeddah Historic Project for an additional two years. ...

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Business & Money | Wednesday 17 July, 2024 11:17 am

Saudi Re gets regulatory approval on capital hike

Saudi Reinsurance Co. (Saudi Re) has received the approval of the Insurance Authority on the capital increase, while suspending the pre-emptive rights. The Public Investment Fund (PIF) will fully subscribe to the new shares, bringing its ownership in the company to 23.08% after the capital...

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Business & Money | Wednesday 17 July, 2024 11:15 am

Jadwa Investment acquires majority stake in Tikkaway Restaurants in Saudi Arabia

Jadwa Investment has announced its latest private equity investment in the food and beverage (F&B) industry by acquiring a majority stake in Tikkaway Restaurants, marking Jadwa's first acquisition in the Kingdom’s restaurant sector.   In a statement to Argaam, the company...

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Business & Money | Wednesday 17 July, 2024 11:14 am

Tibbiyah’s subsidiary wins 2 contracts worth SAR 198.7M with NUPCO

Arabian International Healthcare Holding Co.’s (Tibbiyah) subsidiary, International Medical Supplies Co. (Premma Health), won two supply-upon-request contracts worth SAR 198.69 million with National Unified Procurement Co. (NUPCO). In a statement to Tadawul, Tibbiyah said Premma Health will...

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Government | Wednesday 17 July, 2024 11:12 am

Industry Ministry explains National Minerals Program tasks, impact

The Cabinet issued a decision, on July 16, to establish the National Minerals Program under the umbrella of the Ministry of Industry and Mineral Resources. The Ministry said in a statement on X platform that the most prominent tasks of the program include the quality and sufficiency of...

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Business & Money | Wednesday 17 July, 2024 11:10 am

ACWA Power sells 35% of stake in 2 subsidiaries for SAR 595.9M

ACWA Power signed on July 16 a sale and purchase agreement to sell 35% of its shareholding in ACWA Power Bash Wind Project Holding Co. Ltd. and ACWA Power Uzbekistan Wind Project Holding Co. Ltd. to China Southern Power Grid International Co. Ltd. In a statement to Tadawul, the...

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