Business & Money | Monday 1 July, 2024 8:53 am

adwa REIT Saudi sells Dammam tower for SAR 190M

adwa Investment Co., the fund manager of Jadwa REIT Saudi Fund, signed today, June 30, an agreement to sell Al Yaum Tower, which is located on King Fahad Road in Dammam, for SAR 190 million (excluding real estate transaction tax), the company said in a statement to Tadawul. This came after...

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Technology & IT | Sunday 30 June, 2024 1:13 pm

SAS Celebrates Annual Gala Dinner Highlighting AI’s Role in UAE’s Digital Transformation

 SAS, the leader in analytics, celebrated its annual gala dinner at Atlantis The Royal on June 12, bringing together business executives, government officials, and thought leaders across industries.  Through the evening, SAS highlighted the importance of AI and how its implementation ...

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Business & Money | Sunday 30 June, 2024 9:43 am

Neft Alsharq inks SAR 18M contract with Ministry of Interior

Neft Alsharq Co. for Chemical Industries signed on June 9 with one of the Ministry of Interior affiliated departments, a three-year contract worth more than SAR 18 million, for the supply oils and greases, the company said in a statement to Tadawul. The supply award notification was received,...

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Business & Money | Sunday 30 June, 2024 9:31 am

Dallah Healthcare signs SAR 690M contract for Al-Arid Hospital construction

Dallah Healthcare Co. signed on June 27 a contract for construction, electromechanical and finishing works of Al-Arid Hospital with Youssef Marroun Contracting Co. at a total value of SAR 690 million. The contract, which is valid for 24 months, was inked after the completion of the excavation...

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Government | Sunday 30 June, 2024 9:14 am

Dubai Customs Cracks Down on Drug Smuggling: 1,273 Seizures Show Commitment to Global Security

On the International Day Against Drug Abuse and Illicit Trafficking, which is observed on 26th June every year, Dubai Customs announced 1,273 drug seizures at border ports of the Emirate of Dubai (land, sea, air, and passenger operations). These included Tramadol tablets, Captagon, opium, heroin,...

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Business & Money | Sunday 30 June, 2024 8:44 am

Department of Community Development and Abu Dhabi Centre for Technical and Vocational Education and Training Sign MoU On Licensing of Social Care Professionals

The Department of Community Development (DCD) in Abu Dhabi and the Abu Dhabi Centre for Technical and Vocational Education and Training (ACTVET) have signed a memorandum of understanding (MoU) to collaborate on licensing social care professionals working in technical and vocational education and...

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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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