Environment & Energy | Saturday 29 June, 2024 12:57 pm

ACWA Power says 3 PV power plants to cost SAR 1.6B: MD

ACWA Power’s Vice Chairman and Managing Director, Raad Al-Saady, said the construction cost of the three major photovoltaic (PV) solar power projects - Haden, Al-Muwayh, and Al-Khashiby - is nearly SAR 1.6 billion, some of the least expensive in the world.   In an interview with Al ...

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Government | Saturday 29 June, 2024 12:51 pm

ZATCA updates rules of public auction

The Zakat, Tax and Customs Authority (ZATCA) updated the rules of public auction, which aim to regulate the procedures of auctions conducted by the authority in all its land, sea and air customs ports.   The rules also aim to provide a better experience for bidders, through...

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Business & Money | Saturday 29 June, 2024 12:43 pm

RAKEZ receives RoSPA Silver Award for health and safety excellence

Ras Al Khaimah Economic Zone (RAKEZ) has been conferred with the prestigious Silver Award from The Royal Society for the Prevention of Accidents (RoSPA), a British charity dedicated to saving lives and preventing life-changing injuries resulting from accidents. This international recognition...

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Sports | Saturday 29 June, 2024 12:38 pm

Riyadh’s New Global Sport Conference Unveils Dates for 2024 Event and Major Expansion

The Esports World Cup Foundation today revealed details of the second edition of the New Global Sport Conference (NGSC) 2024. This exclusive annual B2B conference, themed The Future of Fandom, will be held on August 24-25 at the Four Seasons Hotel in Riyadh, Saudi Arabia, following the conclusion...

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Business & Money | Saturday 29 June, 2024 12:25 pm

Vilal Housing' Commends Completion of All Residential Land Allocation Applications Submitted until End of 2023

'Vilal Housing', the leading organization specializing in the development of housing solutions for UAE citizens, praises the most recent announcement of the completion of all residential land allocation applications in Dubai submitted until the end of 2023.  This significant achievement...

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Business & Money | Saturday 29 June, 2024 11:00 am

SAL inks contract with Air China to providing cargo handling services at Saudi airports

SAL Saudi Logistics Services Co. signed a contract with Air China to provide cargo handling services at the Kingdom's airports, the Saudi Press Agency reported.   Under this contract, SAL will provide comprehensive air cargo handling services for Air China, and offer ground...

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Business & Money | Friday 28 June, 2024 1:06 pm

Abu Dhabi Chamber, e& UAE forge partnership to turbocharge SME growth

The Abu Dhabi Chamber of Commerce and Industry signed a strategic collaboration agreement with e& UAE, marking a strategic step aimed at outlining joint cooperation to support small and medium-sized enterprises (SMEs) in the Emirate of Abu Dhabi. The partnership seeks to foster the growth...

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Business & Money | Friday 28 June, 2024 1:03 pm

Abu Dhabi boosts ‘Rasid Lab’ to monitor security, health and environmental challenges

The Abu Dhabi Quality and Conformity Council (ADQCC) held its second steering committee meeting of 2024, focusing on the outcomes of the "Rasid Laboratory" in 2023 and strategic projects for its future development. The meeting reviewed the laboratory's unique scope covering security, health,...

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Business & Money | Friday 28 June, 2024 1:00 pm

Aramco set to buy 10% stake in Renault-Geely JV: Report

Saudi Aramco is is set to take a stake of about 10% in a powertrain joint venture with Renault SA and China’s Zhejiang Geely Holding Group Co., Bloomberg reported, citing people familiar with the matter.  The transaction is set to value Horse Powertrain Ltd. at around €7.4...

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Business & Money | Friday 28 June, 2024 12:59 pm

Dallah Healthcare, AlJazira Capital set to launch investment real estate fund in Riyadh

Dallah Healthcare Co. plans to sign a joint memorandum of understanding (MoU) with Dallah Real Estate Co., AlJazira Capital and Tatweer to launch an investment real estate fund to appreciate partners’ capital through acquiring land plot and implementing construction development...

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