Naba Alsaha Medical Services Co. plans to double its capacity from 180 beds in 2023 to 400 beds over the next three years, Chairman Abdulwahab Al-Ajroush told Asharq Business. The company will focus during 2024 on the Riyadh Hospital project and the expansion of Al-Anwar Hospital...
The General Authority of Civil Aviation (GACA) gave the go-ahead for China Southern Airlines to start regular flights between Saudi Arabia and China, as of April 16, Saudi Press Agency reported. The operational plan includes four passenger/commercial flights and three air cargo flights, GACA...
The General Authority for Competition (GAC) gave the go-ahead for economic concentration between Hadeed and Rajhi Steel. The approval was made after reviewing Hadeed's request to fully acquire Rajhi Steel, GAC stated on its official X account, noting that the approval was based on...
Saudi Arabia witnessed an increasing interest in private equity investments from 2019 to 2023, MAGNITT said in a recent report. The Kingdom's private equity investments reached a peak of nearly $4 billion in 2023, recording growth for three consecutive years since 2020. Private Equity...
The Bahrain Technology Companies Society (BTECH) is set to organize theInternational Business Hub at the second edition of GITEX Africa, slated to unfoldfrom May 29 to 31 in Marrakech, Morocco.This global exhibition serves as a platform for technology firms to showcase theirproducts and solution to ...
The Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) logged nine large direct deals executed on 305.7 million shares worth AED1.6 billion during Ramadan. According to market data, ADX saw the execution of five large direct deals on 243.4 million shares worth AED683.3...
Dubai Electricity and Water Authority (DEWA) continuously develops a customer’s journey by utilising digital solutions and AI in all its services and operations.DEWA aims to provide proactive, advanced, seamless, and integrated digital services through shared channels to meet customers’ needs...
The Ministry of Energy invited the public and those interested to express their opinions on the draft regulations as regards monitoring, proving, and investigating violations of the provisions on distributing dry gas and liquefied petroleum gas for residential and commercial purposes via the...
The Gulf Cooperation Council Interconnection Authority (GCCIA) is studying new projects to strengthen the internal network of the GCC countries and expand connection with Bahrain and Qatar, Al Eqtisadiah newspaper reported, citing CEO Ahmed Al-Ebrahim. The projects are under study...
The Saudi Authority for Industrial Cities and Technology Zones (MODON) issued its annual report for 2023, which reviews the authority’s key achievements, most prominent works, initiatives and development projects to achieve sustainable industrial development and attract local and foreign...