Tourism & Hospitality | Tuesday 2 July, 2024 2:00 pm

UAE Culture Days in Moscow Conclude

The Days of UAE Culture that were launched on Manezh Square, one of the central locations of the "Summer in Moscow" project, conclude. The rich program was designed to introduce the guests and residents of the capital to the national heritage. Dubai - After the official opening, an Emirati...

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Business & Money | Tuesday 2 July, 2024 10:29 am

Prince Mohammed Bin Salman College and KPMG partner for Family Business Hackathon

This first edition of the Family Business Hackathon is an initiative of the Prince Mohammed Bin Salman College of Business and Entrepreneurship (MBSC) and the National Center for Family Business. KPMG was onboarded as the Knowledge Partner and Diamond Sponsor, underscoring their commitment to...

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Business & Money | Tuesday 2 July, 2024 10:27 am

Azizi Developments engages three elite architectural firms for the design of Azizi Opera

Azizi Developments, a leading private developer in the UAE, has announced that it is asking three globally renowned companies, SAA Architects, MAD Architects, and Zaha Hadid Architects to compete in designing a concept for Azizi’s Opera, the crown jewel of its mixed-use development, Azizi Venice, ...

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Business & Money | Tuesday 2 July, 2024 10:26 am

“Tatweer Company” & “Dallah” Establish a Fund to Develop Land on King Fahd Road Worth Over 1.2 Billion Saudi Riyals in Riyadh

Tatweer Company, has announced the launch of a new mixed-use project valued at over 1.2 billion Saudi riyals in the heart of Riyadh. The project is designed to reshape the urban landscape and improve the quality of both working and living conditions in the city. Located along King Fahd Road, it...

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Business & Money | Tuesday 2 July, 2024 9:11 am

Arabian Pipes wins SAR 293M supply contract from Denys Arabia

Arabian Pipes Co. was awarded, on July 1, a contract worth nearly SAR 293 million to supply steel pipes to Denys Arabia Co. for the second phase of Jafurah field project, the company said in a statement to Tadawul. The contract is valid for 10 months, Arabian Pipes noted, adding that...

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Business & Money | Tuesday 2 July, 2024 8:52 am

ACWA Power inks SAR 1.4B financing deals for Tashkent's Riverside power plant

ACWA Power Co. said that ACWA Power Riverside Solar Energy Holding signed today, July 1, financing agreements worth SAR 1.4 billion with a consortium of development finance institutions, funds and international commercial lenders, according to a Tadawul statement.   The consortium...

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Environment & Energy | Tuesday 2 July, 2024 8:46 am

Saudi Arabia announces new oil, natural gas discoveries in Eastern Province, Empty Quarter

Saudi Arabia announced today the discovery of new oil and natural gas fields in the Eastern Province and the Empty Quarter, announced Minister of Energy Prince Abdulaziz bin Salman "Saudi Aramco has discovered two unconventional oil fields, one Arabian light oil reservoir, two natural gas fields,...

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Business & Money | Tuesday 2 July, 2024 8:42 am

PIF makes SAR 64B profit in 2023

The Public Investment Fund (PIF) generated SAR 64.4 billion profit, against losses of SAR 14.7 billion a year earlier, backed by a 101% year-on-year (YoY) surge in revenues. Topline increased on income from investment activities, which reached SAR 93.8 billion, as Softbank swung to profits after...

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Sports | Monday 1 July, 2024 1:38 pm

Esports World Cup and HONOR Sign Technology Partnership for Mobile Competitions

The Esports World Cup Foundation (“EWCF”) and HONOR, a global technology leader, have announced a main partnership for the Esports World Cup (“EWC”), the world's largest gaming festival set to take place this summer in Riyadh, Saudi Arabia. The HONOR 200 Pro will be the official smartphone...

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Business & Money | Monday 1 July, 2024 11:32 am

FAMCO Qatar Signs Major Agreement To Supply 25 Volvo Heavy-Duty FMX460 4x2 Trucks to Al Nasr Holding

Doha, Qatar – Al-Futtaim Auto and Machinery Company (FAMCO) Qatar is pleased to announce the successful sale of a large fleet of VOLVO FMX460 4x2 Heavy-Duty Tractor Head trucks to Al Nasr Holding (Venture Gulf Engineering), a leading business conglomerate in Qatar. The sale was finalized on May...

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