Business & Money | Sunday 16 March, 2025 2:16 pm

Nutanix Successfully Hosts .NEXT On Tour Riyadh Showcasing Cloud and AI Innovations to Drive Digital Transformation

Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, hosted a successful edition of its annual .NEXT event in Riyadh at the Crowne Plaza RDC. The event, held at the end of January, was a celebration of Nutanix’s 15th anniversary and a significant milestone for the company in Saudi...

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Technology & IT | Sunday 16 March, 2025 1:21 pm

Unlock the Ultimate Camera Experience with the PORSCHE DESIGN HONOR Magic7 RSR

The PORSCHE DESIGN HONOR Magic7 RSR seamlessly blends luxury with innovation, integrating Porsche Design's legacy premium sports car aesthetics with HONOR’s cutting-edge smartphone capabilities. At the heart of this iconic collaboration is an ultra-advanced camera system that redefines mobile...

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Business & Money | Sunday 16 March, 2025 12:44 pm

Future Hospitality Summit (FHS) Saudi Arabia.. Pre-event Feature: Voices of Female Leaders in Hospitality

In celebration of International Women’s Day this month, we shine a spotlight on female leaders in the hospitality industry in Saudi Arabia. With Vision 2030 as a driving force, the Kingdom has unlocked unprecedented opportunities for women to lead, innovate, and shape the future of tourism and...

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Business & Money | Sunday 16 March, 2025 12:40 pm

Energy source integration aims to meet global demand: Aramco Exec

Ashraf Al Ghazzawi, Executive Vice President of Strategy & Corporate Development at Saudi Aramco, said the future of energy lies in integrating both new and conventional sources to meet the rising global demand. Hydrocarbons still dominate the energy market, with oil, gas, and coal...

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Government | Sunday 16 March, 2025 12:38 pm

Non-Saudis can now practice pharmacy-related activities, sell herbal products

The Saudi Cabinet approved allowing non-Saudi owners to practice pharmacy-related activities and sell herbal products. The approval will remain in effect until the Integrated Health Law is enforced. ...

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Business & Money | Sunday 16 March, 2025 12:35 pm

Rating upgrade allows Saudi to issue more favorable bonds, sukuk: NDMC

The National Debt Management Center (NDMC) said that Saudi Arabia’s credit rating upgrade by S&P Global will allow the Kingdom to issue international bonds and sukuk with more favorable financial terms, while reducing borrowing costs. This will, in turn, support development projects and...

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Business & Money | Sunday 16 March, 2025 12:33 pm

Armah inks contract to set up 2 clubs for SAR 51.5M

Armah Sports Co. signed a contract with Gulf Architects for Contracting Co. (GAC) to establish two sports clubs for women and men at a total value of SAR 51.5 million. In a statement to Tadawul, the company said that the contract is valid for 14 months from the signing date, and the...

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Business & Money | Sunday 16 March, 2025 12:22 pm

GULFNAV Shareholders Approve Strategic Acquisition of Brooge Energy Limited’s Assets and Companies for AED 3.2 Billion

Gulf Navigation Holding PJSC (“GULFNAV”), the Dubai Financial Market listed maritime and shipping company, announced today that its shareholders have approved the strategic acquisition of assets and companies owned by Brooge Energy Limited ("BEL"). The approval was granted at the General...

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Business & Money | Sunday 16 March, 2025 12:19 pm

Bank of Sharjah achieves record net profit of AED385 in 2024

Bank of Sharjah has announced its financial results for the year ended 31st December 2024, reporting a record profit before tax of AED416 million. With net profit after tax soaring to AED385 million, the bank's exceptional performance was driven by strong revenue growth, effective cost control ...

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Business & Money | Sunday 16 March, 2025 12:14 pm

Abu Dhabi Fund for Development launches AED440 million “Sofitel Legend Pyramids Giza” in Egypt

The Abu Dhabi Fund for Development (ADFD) has announced the launch of the “Sofitel Legend Pyramids Giza” project as part of its efforts to support and revitalise Egypt’s tourism sector and enhance strategic investments. This luxury five-star hotel will be a landmark addition to the...

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