Naseej for Technology Co. (Naseej Tech) signed, on Aug. 15, a contract with King Abdulaziz University (KAU) for technical support services at a total value of SAR 16.19 million, inclusive of VAT. The project aims to upgrade KAU’s academic system to the latest version, provide the necessary...
Arriyadh Development Co.’s shareholders approved the creation of a simplified joint-stock company (SAS) in partnership with Riyadh Holding Co. to develop Dirah district, during the ordinary general meeting (OGM) held on Aug. 15. In a statement to Tadawul, the company said its share in the...
Scientific & Medical Equipment House Co. (Equipment House) signed, on July 30, a contract for the maintenance and repair of medical devices and equipment for hospitals and health centers within Riyadh Second Health Cluster. The contract was sealed at a total value of SAR 34.79 million,...
ACWA Power Co. announced receiving a notice on Aug. 15 from Ar Rass Solar Energy Co., indicating starting operations at the 700 MW Ar Rass 1 solar photovoltaic plant project in Saudi Arabia upon obtaining the commercial operations certificate, according to statement to Tadawul. ACWA Power owns ...
Saudi Fisheries Co. (Alasmak) received, on Aug. 15, a letter from its shareholder, Saudi Agricultural and Livestock Investment Co. (SALIC), stating acceptance of the binding offer to complete a special sale and purchase transaction by selling SALIC’s entire stake in Alasmak amounting to 16...
Middle East Paper Co. (MEPCO) said on Aug. 15 that its board of directors gave the go-ahead for doubling production capacity of Juthor Paper Manufacturing Co. by adding the tissue paper production line 6 project (TM6) at a total value of SAR 345 million.In a statement to Tadawul, MEPCO said it ...
The Abu Dhabi Real Estate Centre (ADREC), the custodian and regulator of Abu Dhabi's real estate sector, has announced that its Real Estate Dispute Settlement Centre mediated 1,553 real estate disputes in the first half of 2024, demonstrating its efficiency and commitment to maintaining stability...
In less than two weeks, the New Global Sport Conference 2024 (NGSC), themed ‘The Future of Fandom’ will host more than 60 global speakers and over 750 global delegates from leading industries such as gaming, esports, technology, sports, entertainment, business and investment, and many more on...
Chinese business leaders have praised Dubai’s role as a vital hub for opportunities and an ideal platform for business expansion in both regional and global markets due to the emirate’s strong competitive advantages and attractive investment environment. Senior officials from three...
The real estate market in Ajman continues its upward trend, recording 1468 real estate transactions in July with a total value of over AED2 billion, a growth of 42.85 percent year-on-year. Omar bin Omair Al Muhairi, Director-General of Ajman's Department of Land and Real Estate Regulation,...