Business & Money | Tuesday 23 July, 2024 1:55 pm

Edarat awarded SAR 7.1M project by Almaviva

Edarat Communication and Information Technology Co. was awarded today, July 21, a project by Almaviva Saudi Arabia for Information Technology for a period of five and a half years at a value of SAR 7.14 million (inclusive of VAT), according to a statement to Tadawul. Under the contract,...

More Details

Business & Money | Tuesday 23 July, 2024 1:41 pm

Over million smart water metres in Dubai with 100% installation rate: DEWA

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA has achieved 100% installation of smart water metres in Dubai, meeting the growing demand for water services. By the start of June 2024, DEWA had installed over one million smart metres...

More Details

Business & Money | Tuesday 23 July, 2024 1:39 pm

ADNOC L&S Joint Venture awards $1.9 billion in contracts for very large ethane, ammonia carriers

ADNOC Logistics and Services plc today announced that AW Shipping, its joint venture with Wanhua Chemical Group, has awarded shipbuilding contracts to Jiangnan Shipyard in China, priced at approximately $1.9 billion (AED7 billion) in total. The contract for the construction of nine Very Large...

More Details

Business & Money | Tuesday 23 July, 2024 1:37 pm

Sanad, Rolls-Royce to foster future aviation leaders

Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Mubadala, has collaborated with Roll Royce, a global leader and manufacturer in the aerospace industry, focused on nurturing the next generation of leaders in the aviation sector. The agreement was signed at...

More Details

Cars & Autos | Tuesday 23 July, 2024 11:06 am

GEMTECH FORUM Concludes with Resounding Success in Riyadh

 The Global EV & Mobility Technology Forum wrapped up at the Riyadh International Convention & Exhibition Center (RICEC) with resounding success and overwhelming enthusiasm from participants worldwide. Spanning two days of insightful sessions and dynamic exhibitions, the event set a...

More Details

Technology & IT | Tuesday 23 July, 2024 10:54 am

HONOR 200 Pro Revolutionizes User Experience with A Range of Cutting-Edge AI-Driven Features

This year, HONOR has revealed its AI vision, and unveiled the industry's first intent-based and first Four-Layer AI Architecture which focuses on integrating AI into devices. This AI Architecture includes Cross-device and Cross-OS AI which enhances productivity by seamlessly sharing resources....

More Details

Business & Money | Tuesday 23 July, 2024 10:47 am

Armah signs lease to develop, operate 2 fitness clubs in Jeddah

Armah Sports Co. signed on July 22 a lease for a building on Makkah Road, Jeddah, to develop and operate two fitness clubs, according to a statement to Tadawul. The 15-year contract was signed for an average annual lease of SAR 3.64 million, SAR 54.62 million excluding VAT). The contract...

More Details

Business & Money | Tuesday 23 July, 2024 10:01 am

Alshaya Group and Mastercard partner to drive growth of GCC’s retail sector through Aura loyalty programme co-brand launches

 Alshaya Group, one of the leading international retail franchise operators, has partnered with Mastercard to expand its award-winning loyalty programme, Aura. The partnership, which will see the launch of an Aura co-branded credit card in multiple markets over the next two years including...

More Details

Business & Money | Tuesday 23 July, 2024 9:38 am

Emirates Integrated Telecommunications Company PJSC Reports its Q2 2024 Results

Emirates Integrated Telecommunications Company PJSC announced its financial results for Q2 2024. Revenues increased by 7.3% to AED 3.6 billion demonstrating our strong product offerings. EBITDA increased by 3.2% to AED 1.6 billion reflecting the top line growth. Net Profit reached AED 581 million,...

More Details

Environment & Energy | Tuesday 23 July, 2024 9:32 am

The Role of SAS Analytics in Flood Management

The devastating effects of flooding on infrastructure, human lives, and the economy are undeniable. As climate change intensifies the frequency and severity of flooding events, effective flood management has become top priority. Through providing advanced analytics and forecasting tools, SAS has...

More Details