Business & Money | Monday 26 February, 2024 8:21 am

PIF plans to issue 7-year USD-denominated sukuk: Report

The Public Investment Fund (PIF) intends to offer a seven-year dollar-denominated sukuk, Reuters reported, citing a document.   The sovereign wealth fund assigned Goldman Sachs, HSBC and Standard Chartered to arrange investor...

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Business & Money | Monday 26 February, 2024 8:14 am

Al-Rumayyan says over 70% of PIF's assets are in Saudi Arabia

Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF), stated that the fund's assets in Saudi Arabia exceeded 70% of its total assets, while assets abroad accounted for less than 25%.   The PIF aims to bring the value of its assets outside Saudi Arabia to 20–25% of total...

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Sports | Sunday 25 February, 2024 11:06 am

Diriyah Gate and Jockey Club Sign Landmark Partnership to Elevate Equestrian Sports in the Kingdom

The Diriyah Gate Development Authority (DGDA) and the Jockey Club of Saudi Arabia (JCSA) have signed a landmark partnership agreement aimed at enhancing cooperation in the field of equestrian sports. The agreement was signed during the prestigious Saudi Cup 2024, held at the King Abdulaziz...

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Business & Money | Sunday 25 February, 2024 11:05 am

“Thakher Development” and “Bank Albilad” Offer a Wide Range of Financing Solutions to Customers

Thakher Development Company, the master developer of the master plan and infrastructure of Thakher Makkah project, has announced a new partnership with “Bank Albilad”, aiming to provide sales finance solutions for customers to invest in the “Radisson Hotel & Residences”. The...

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Business & Money | Sunday 25 February, 2024 10:21 am

International companies from 47 countries to capitalize on lucrative opportunities at Big 5 Construct Saudi

Driven by Vision 2030, the Kingdom of Saudi Arabia is undergoing rapid transformation to place the nation at the forefront of countries globally. Supporting the country’s ambitious plans, Big 5 Construct Saudi, returning for its 12th edition from 26-29 February 2024 at the Riyadh Front...

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Tourism & Hospitality | Sunday 25 February, 2024 10:11 am

Saudi Arabia to launch Environmental Compliance Forum to chart more sustainable future

 Saudi Arabia will launch the first Environmental Compliance Forum 2024 on Sunday. The Riyadh forum, which is being organized by the National Center for Environmental Compliance, will feature local, regional and global specialists and decision-makers in the field of the environment, state ...

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Technology & IT | Sunday 25 February, 2024 8:59 am

Moro Hub presents Green Certificate to the DIFC Courts for sustainable IT practices

Today, Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), awarded the Green Certificate to the Dubai International Financial Centre (DIFC) Courts in recognition of their commitment to sustainability for utilizing Moro Hub's Green Cloud for...

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Business & Money | Sunday 25 February, 2024 8:51 am

NOV Announces Opening of Regional Headquarters in Dammam, Saudi Arabia

NOV Inc. (NOV), a leading provider of technology and equipment for the global energy industry, announced the establishment of its regional headquarters in Dammam, Saudi Arabia. The regional headquarters further emphasizes NOV's commitment to the region and to delivering exceptional products,...

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Business & Money | Sunday 25 February, 2024 8:48 am

Ajman Department of Finance Attains Two ISO Certifications for Integrated Management Systems and Human Resources

The Ajman Department of Finance has achieved two distinguished ISO certifications: the Integrated Management System Specification PAS99:2012 and the Human Resource Management Specification ISO30405:2023, awarded by the British Standards Institute (BSI). The certification ceremony was graced by HH...

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Business & Money | Sunday 25 February, 2024 8:47 am

du appoints Jasim Al Awadi as the Chief ICT Officer

du, from Emirates Integrated Telecommunication Company (EITC), has appointed Jasim Al Awadhi to lead its ICT unit as the Chief ICT Officer. He will play an important role in supporting du’s customers on their digital transformation journeys by providing end-to-end solutions and services. Al...

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