Business & Money | Monday 29 April, 2024 9:40 am

NHC inks SAR 1B pact with Spain’s Urbas to build 589 units in Al-Fursan suburb

National Housing Co. (NHC) signed an agreement with Urbas Middle East Real Estate Company, a subsidiary of the Spanish company Urbas, to build 589 housing units in the Al-Fursan suburb, with a value of approximately SAR 1 billion.   The agreement, which was signed in the...

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Business & Money | Sunday 28 April, 2024 1:31 pm

Azizi Developments, Dezign Technic partner for Azizi Venice

Azizi Developments, a leading private developer in the UAE, has announced its partnership with Dubai-based design consultant firm Dezign Technic for signage and wayfinding designs in its approximately AED 30 billion mixed-use development, Azizi Venice, located in Dubai South. DezignTechnic,...

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Business & Money | Sunday 28 April, 2024 12:35 pm

Bin Touq, Estonian counterpart explore potential avenues for expanding cooperation

Abdullah bin Touq Al Marri, Minister of Economy, held a bilateral meeting with Tiit Riisalo, Minister of Economic Affairs and Information Technology in the Republic of Estonia. The meeting explored the possibilities for expanding cooperation in key sectors between the two countries, including the...

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Business & Money | Sunday 28 April, 2024 11:16 am

Al Akaria, ARDCO ink SAR 275M agreement to develop educational complexes

Saudi Real Estate Co. (Al Akaria) and Riyadh Development Co. (ARDCO) signed, on April 25, a cooperation agreement with Riyadh Holding Co. to set up a special purpose vehicle to develop educational complexes at the cost of SAR 275 million, including the land value, the...

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Business & Money | Sunday 28 April, 2024 11:14 am

Retal inks SAR 240M contract with subsidiary for 8 residential buildings in Riyadh

Retal Urban Development Co. signed on April 25 an agreement with its subsidiary, Building Construction Company Limited to develop eight residential buildings in Riyadh at a total value of SAR 240 million, exclusive of taxes (if applicable).   The agreement is valid for 26 months from ...

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Business & Money | Sunday 28 April, 2024 11:13 am

Long-term plans of Saudi Vision 2030 support economic flexibility: Al-Jadaan

Saudi Arabia’s Minister of Finance, Mohammed Al-Jadaan, stated that the long-term plans of Saudi Vision 2030 support economic resilience.   He added that flexibility is essential for countries to manage economic shocks in an unpredictable landscape...

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Business & Money | Sunday 28 April, 2024 11:07 am

Moro Hub Presents Green Certificate to Deem Finance

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), presented a Green Certificate to Deem Finance LLC. The Green Certificate was presented to Christopher Taylor, CEO of Deem Finance by Mohammed Bin Sulaiman, CEO of Moro Hub. The pioneering...

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Business & Money | Sunday 28 April, 2024 10:51 am

SEREDO 2024 Kick-off Mid- May in Jeddah

Preparations are under way for the successful launch of the second edition of the Saudi Real Estate Development and Ownership - SEREDO 2024 in Jeddah, following the success of the pilot exhibition held in 2023. A key event that focuses on the housing and property investment opportunities...

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Business & Money | Sunday 28 April, 2024 10:45 am

ICIEC and QDB Join Forces in a Landmark Alliance to Boost Trade and Investment (Re)Takaful Solutions

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), a Shariah-based multilateral insurer and esteemed member of the Islamic Development Bank (IsDB) Group, is pleased to announce the signing of a Memorandum of Understanding (MoU) with the Qatar Development Bank (QDB)....

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Business & Money | Saturday 27 April, 2024 1:55 am

China's Terminus plans to invest in Saudi Arabia over next 2 years: Official

Alaa Al-Sawwaf, robotics engineer and official at China's Terminus Group in the Middle East, said the group plans to invest and expand in the Saudi market over the next two years through producing highly intelligent robots.   On the sidelines of DRIFTx held in Abu Dhabi, Al-Sawwaf...

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