Saudi Arabia’s Public Investment Fund (PIF) launched today, Oct. 10, the National Automotive and Mobility Investment Co. (Tasaru Mobility Investments) specialized in developing local supply chain capabilities for the automotive and mobility industry in the Kingdom. According to a statement...
Sun Siyam Iru Fushi has been honored with the prestigious International Sustainable Award by Luxury Lifestyle Awards. This recognition celebrates the outstanding commitment of Sun Siyam Resorts to sustainability through its Sun Siyam Cares initiative, exemplifying the brand's dedication to setting...
Borouge Plc today announced that it has signed an agreement with the National Petroleum Construction Company (NPCC), a UAE-based Engineering, Procurement and Construction (EPC) Company.The two-year agreement includes a sales contract worth nearly AED60 million, wherein Borouge will supply steel...
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Memorandum of Understanding (MoU) with the Malaysian Investment Development Authority (MIDA) to invest US$8 billion for up to 10 gigawatts (GW) of renewable energy projects in a strategic partnership...
ADNOC Logistics and Services plc (ADNOC L&S) (ADX symbol ADNOCLS / ISIN AEE01268A239), today announced that its Board of Directors has approved the distribution of an interim cash dividend of $65 million (AED239 million) for Q2 2023, equivalent to 3.2 fils per share.The interim dividend will be ...
Saudi Arabia Railways (SAR), in partnership with France’s Alstom, will operate and demonstrate the world's first hydrogen-powered train in Riyadh in October. The Coradia iLint train will embark on a first-ever...
Kaspersky today announced its partnership with the Saudi Esports Federation (SEF), becoming an exclusive partner for Saudi eLeagues and Voices of Saudi Esports in the category of cybersecurity and digital protection. This will help Kaspersky join the Saudi gaming community and steer the attention...
Naif Alrajhi Investment, a premier Saudi investment group, has recently acquired a significant stake in Veyron Marketing, a leading name in Saudi Arabia's marketing and advertising sector. Veyron, renowned for its rapid growth, specializes in the strategic planning and execution of both local and...
Nutanix, a leader in hybrid multicloud computing, has reiterated its commitment to helping advance the sustainability objectives outlined in Saudi Vision 2030, which aims to overcome environmental challenges through measurable action and green initiatives. “Firstly, we would like...
Red Sea Global announced on Oct. 9 launching the first phase of Red Sea destination and starting to receive visitors from all over the world. This achievement will help boost the local tourism sector, the company said on X platform. In July, CEO John Pagano said the company is largely on...