Al Moammar Information Systems Co. (MIS) received new orders to increase the capacity of data centers at a total value of SAR 75.2 million (including VAT), the company said in a filing to Tadawul. Further developments will be announced in due course, the company noted. In June, MIS signed a...
JLL, a leading professional services firm specialised in real estate, investment management, and development consultancy services, has highlighted that as governments in the Middle East push for increased localisation to attain self-sustainability in the healthcare sector, the heightened investor...
Dubai International Financial Centre (DIFC), the leading global financial centre in the MEASA region, has published a ‘Regional Outlook for Banking and Capital Markets’ report in partnership with LSEG Data & Analytics. The report focuses on how regional IPO growth is...
The Dar Tantora The House Hotel, AlUla Old Town, Saudi Arabia is officially open for bookings now. Operated by Kerten Hospitality, this unique 30-room boutique eco-community, designed in collaboration with Egyptian Architect Shahira Fahmy sits in the heart of AlUla’s Old Town - a...
The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund (PIF) company, has extended its refinancing agreement with arab national bank (anb) with an additional SAR 500 million. This is the second refinancing agreement between both entities. The agreement was signed by...
Saudi Arabia started selling Shariah-compliant sukuks, divided into three tranches with tenors of three years, six years, and 10 years, Reuters reported citing IFR news service. Initial guidance was placed around 85 basis points (bps) over US Treasuries (UST) for the three-year...
ADNOC announced today at the “Make it in the Emirates” forum an increase in its local manufacturing target for critical industrial products in its procurement pipeline to AED90 billion (US$24.5 billion) by 2030 to propel UAE’s economic diversification, strengthen the industrial sector and...
Saudi Aramco showed interest in acquiring a minority stake in the renewable unit of Spanish oil company Repsol, Reuters reported, citing two people familiar with the matter. Repsol has opened its renewable projects to investors willing to take minority stakes in portfolios of wind farms and...
The Ministry of Economy and the European Women's Association (EWA) today announced the names of the top 17 companies in the Investment Readiness Acceleration Programme, launched in March 2024. The "Investment Readiness Acceleration Programme for Women Entrepreneurs" aims to support the growth...
The New Murabba Development Company – Owned by Public Investment Funds, is inviting the world’s leading contractors to take part in bringing its groundbreaking Mukaab to reality. An icon and cornerstone of Riyadh's New Murabba mixed-use development, the Mukaab will feature the latest immersive...
