Environment & Energy | Tuesday 30 April, 2024 9:42 am

ACCIONA PRESENTS IT FIRST TALKS ABOUT REVERSE OSMOSIS DESALINATION

ACCIONA, a global company and a leader in the provision of regenerative solutions for a decarbonized economy, held its first panel discussion in its series of Talks designed to promote regenerative and sustainable solutions in the Kingdom of Saudi Arabia.  The event took place at the Spanish...

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Business & Money | Tuesday 30 April, 2024 9:29 am

ISFD AND ICEI PARTNER TO EMPOWER WOMEN, YOUTH, AND COMMUNITIES IN OIC COUNTRIES

The Islamic Solidarity Fund for Development (ISFD) and the International Center for Entrepreneurship and Innovation (ICEI), signed a Memorandum of Understanding (MoU) to collaborate on promoting economic empowerment and social development in Organization of Islamic Cooperation (OIC) member...

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Culture & Education | Tuesday 30 April, 2024 9:19 am

Professor Asutay Receives Award of IsDB Prize for Impactful Achievement in Islamic Economics

The first-place winner of the 2024 Islamic Development Bank (IsDB) Prize for Impactful Achievement in Islamic Economics, Professor Mehmet Asutay, received the award during a ceremony in Riyadh, Kingdom of Saudi Arabia. The award was presented by the IsDB Vice President (Operations), Dr. Mansur ...

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Healthcare | Tuesday 30 April, 2024 8:23 am

KING FAHD ARMED FORCES HOSPITAL BEGINS TRIAL OF NEW BIOADAPTIVE ANGIOPLASTY PROCEDURE FOR HEART DISEASE TREATMENT

King Fahd Armed Forces Hospital is first in the Kingdom of Saudi Arabia to begin clinical research and now offer a new type of angioplasty procedure with the DynamX bioadaptor implant, an innovation beyond stents designed to restore vessel function. The bioadaptor is a transforming implant that,...

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Business & Money | Tuesday 30 April, 2024 8:00 am

ITFC Signs Multiple Agreements with Member Countries and Strategic Partners

The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, commenced the first day of the 49th IsDB Group Annual Meeting with a series of strategic meetings and important signings. Held at the Intercontinental Hotel, Riyadh, the first day of...

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Business & Money | Tuesday 30 April, 2024 7:23 am

ICIEC, JSCB Agrobank, and Standard Chartered Collaborate to Strengthen Uzbek Economy with €150 Million Islamic Financing Initiative

In a landmark move to support the burgeoning Uzbek economy, the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah- based multilateral insurer and member of the Islamic Development Bank (IsDB) Group, has entered into a significant cooperation...

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Tourism & Hospitality | Monday 29 April, 2024 6:56 pm

SUN SIYAM IRU VELI UNVEILS TWO REMARKABLE NEW GUEST EXPERIENCES: THE FLOATING DELIGHTS AND THE PRIVATE LAGOON BREAKFAST

Expanding its collection of remarkable island memories, Sun Siyam Iru Veli proudly presents two exceptional signature guest experiences: the Floating Delights and the Private Lagoon Breakfast, promising moments of unparalleled indulgence and exclusivity.The Floating Delight Experience: A Culinary...

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Culture & Education | Monday 29 April, 2024 1:04 pm

ROSHN to Support Saudi Arabia’s First Opera “Zarqa Al-Yamama” as Presenting Partner

As part of its commitment to supporting the Kingdom’s art sector and Saudi creativity, ROSHN Group, the PIF-owned giga-project and Saudi Arabia’s most trusted real estate developer, has partnered with the national Theatre and Performing Arts and Commission to sponsor the first Saudi opera,...

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Business & Money | Monday 29 April, 2024 10:17 am

Al Rajhi Bank’s financing portfolio grows, NPL coverage hits 175%, says Chairman

Mr. Abdullah bin Sulaiman Al Rajhi, Chairman of the Board of Directors of Al Rajhi Bank, announced today that Al Rajhi Bank has achieved its highest quarterly profits since its founding, with a net income reaching 4,405 million riyals for the first quarter of 2024. This represents an increase of...

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Business & Money | Monday 29 April, 2024 9:41 am

MESC secures SAR 100M credit facility from Al Rajhi Bank

Middle East Specialized Cables Co. (MESC) secured a Shariah-compliant credit facility worth SAR 100 million with Al Rajhi Bank on April 28, according to a statement to Tadawul. The facility, which runs for one calendar year, will go for financing the company's working capital, it...

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