Business & Money | Thursday 23 May, 2024 1:49 pm

BIM Ventures, MISA in partnership with SBI Holdings to launch $100M startup investment fund in Saudi Arabia

BIM Ventures, the Saudi Venture Studio, announced today at the Saudi Japan Vision 2030 Business Forum in Tokyo, Japan, the signing of a memorandum of understanding (MoU) with SBI Holdings. This collaboration, facilitated in partnership with the Ministry of Investment of Saudi Arabia (MISA), aims to ...

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Business & Money | Thursday 23 May, 2024 1:48 pm

Cenomi Centers plans to invest SAR 5B: CEO

Alison Erguven, CEO of Arabian Centers Co. (Cenomi Centers), stated that the company plans to invest SAR 5 billion, half of which will be allocated to the Jawharat Riyadh and Jawharat Jeddah projects. She expects Jawharat Riyadh to open in the second half of 2025.  In...

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Business & Money | Thursday 23 May, 2024 1:37 pm

London is the top choice for UAE property investors exploring opportunities overseas, finds latest research from Barratt London

Research conducted by Insight Advantage on behalf of Barratt London, a market-leading residential developer in the UK, has revealed that London is the top choice for UAE investors looking to purchase property overseas. The survey, which was conducted this month, set out to identify the preferences...

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Business & Money | Thursday 23 May, 2024 1:30 pm

Ras Al Khaimah Ruler inaugurates Glass Technology’s AED 350 million manufacturing facility

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, inagurated Glass Technology’s solar glass manufacturing facility in Al Ghail, Ras Al Khaimah. Glass Technology set up its massive facility spanning approximately 113,000 m2 with a total...

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Business & Money | Thursday 23 May, 2024 1:29 pm

NEW MURABBA’S MUKAAB SIGNS LANDMARK PILING CONTRACT WITH HSSG FOUNDATION CONTRACTING LLC

In a significant milestone that propels the ambitious Mukaab forward, the New Murabba Development Company – A PIF Company -  is pleased to announce the signing of the Mukaab Piling Works Contract with HSSG Foundation Contracting LLC, known for providing technically advanced foundation...

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Business & Money | Wednesday 22 May, 2024 4:06 pm

CIPS MENA Conference and Awards 2024 saw experts and thought leaders deliver groundbreaking seminars and panel discussions

The Chartered Institute of Procurement and Supply (CIPS) held its annual CIPS MENA Conference 2024 at the Hilton Riyadh Hotel on 16th May 2024. With 1200 delegates in attendance, this is the largest regional event in the institute’s 93 year history. The conference provided an opportunity for ...

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Business & Money | Wednesday 22 May, 2024 1:36 pm

SAL signs SAR 458M deal to develop cargo facilities at King Khalid Airport

SAL Saudi Logistics Services Co. (SAL) signed on May 21 a binding agreement with Riyadh Airports Co. (RAC) to lease and develop air cargo facilities in the Cargo Village at King Khalid International Airport (KKIA) in Riyadh. According to a statement to Tadawul, the agreement includes leasing...

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Business & Money | Wednesday 22 May, 2024 12:47 pm

HONOR Rolls Out MagicOS 8.0 for HONOR Magic V2 Series

 Global technology brand HONOR today announced the availability of the new MagicOS 8.0 for the HONOR Magic V2 Series. HONOR Magic V2 and PORSCHE DESIGN HONOR Magic V2 RSR users can download and install the update from the Settings menu. Based on Android 14, MagicOS 8.0 brings an AI-powered...

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Business & Money | Wednesday 22 May, 2024 9:25 am

Future Aviation Forum sees 47 pacts worth $ 19B

The Future Aviation Forum (FAF 2024) witnessed the announcement of 47 agreements and memorandums of understanding (MoUs) worth $19 billion on the first day of the forum. According to the Saudi Press Agency, the agreements cover national air service, aircraft orders, cargo and logistics,...

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Business & Money | Wednesday 22 May, 2024 8:56 am

Second Saudi Food Show opens

His Excellency Bandar Ibrahim Al Khorayef, Minister of Industry and Natural Resources, today opened the Kingdom’s largest global F&B event, the Saudi Food Show at Riyadh Front. He was received at the event by Trixie LohMirmand, CEO of KAOUN International and Matt Denton, President at dmg...

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