Business & Money | Saturday 5 April, 2025 11:46 am

Clean Life partially leases residential building in Riyadh for SAR 525,000

Clean Life Co. signed on March 28 a contract with Alfanar Projects Co. to partially lease its owned residential building in Ar-Rimal district, Riyadh, for SAR 525,000. In a statement to Tadawul, Clean Life said it leased 30% capacity of its wholly owned building, which exceeds the company's...

More Details

Business & Money | Saturday 5 April, 2025 11:41 am

Purity wins SAR 3.31M contract from Taqeem

Purity for Information Technology Co. was awarded on March 27 a VAT-inclusive contract by Saudi Authority of Accredited Valuers (Taqeem) at a total value of SAR 3.31 million. Under the 12-month contract, Purity will help Taqeem continue the development and operation of its e-portal, the...

More Details

Business & Money | Friday 4 April, 2025 11:41 am

Automechanika Riyadh, returns as Saudi Arabia’s automotive aftermarket sector accelerates towards USD34 billion by 2033

Saudi Arabia’s leading regional trade show for the automotive aftermarket sector will be held at RICEC from 28-30 April The largest edition of the event to date will showcase exhibitors from 32 countries across five halls and will welcome 19,000 visitors The event will feature returning ...

More Details

Business & Money | Thursday 3 April, 2025 1:37 am

Crown Prince’s directives on real estate sector to curb inflation

Saudi Minister of Finance Mohammed Al-Jadaan said that the recent directives issued by Crown Prince Mohammed bin Salman regarding achieving balance in the land and real estate sector in Riyadh reaffirm the government's ability to utilize available tools. This will be attained whether through...

More Details

Business & Money | Monday 31 March, 2025 5:14 am

REGA CEO says real estate balance measures regulate market, achieve stability

Abdullah Alhammad, CEO of the Real Estate General Authority (REGA), praised Crown Prince Mohammed bin Salman's announcement regarding the approval of several measures to balance the real estate sector in Riyadh, the Saudi Press Agency reported.   The measures include lifting the...

More Details

Business & Money | Monday 31 March, 2025 5:06 am

Emirates Publishers Association Sponsors Young Emirati Publishers at London and Bologna Book Fairs

The Emirates Publishers Association (EPA) continues to support and nurture the new generation of Emirati publishers, enabling them to represent the UAE at key international cultural forums and gain exposure to global best practices in the publishing industry. As part of this commitment, EPA has...

More Details

Business & Money | Monday 31 March, 2025 5:05 am

CMA publishes study on evaluating compensation opportunities for affected parties

The Capital Market Authority (CMA) published a study on the "Assessment of Compensation Opportunities for Affected Parties in the Capital Market," which examines the increasing frequency of compensations arising from announcements of punitive decisions against violators of the Capital Market...

More Details

Business & Money | Monday 31 March, 2025 4:58 am

Azizi Developments reaches 86% construction completion of Azizi Vista in Dubai Studio City

Azizi Developments, a leading private developer in the UAE, has announced that the construction of Azizi Vista in Dubai Studio City is now 86% complete. Located in one of Dubai’s most sought-after residential areas, the development is scheduled to be delivered in Q3 2025 and will feature studio,...

More Details

Business & Money | Friday 28 March, 2025 7:04 am

UQDC partially repays credit facilities with Alinma Bank from IPO proceeds

Umm Al Qura for Development and Construction Co. (UQDC) used as much as SAR 1.5 billion from its recent initial public offering’s (IPO) net proceeds for the partial settlement of its existing credit facilities with Alinma Bank.   Accordingly, the repaid credit limits are to be...

More Details

Business & Money | Friday 28 March, 2025 7:00 am

Modon and Elsewedy Industrial Development collaborate to launch industrial zone for Ras El Hekma, Egypt

Modon Holding P.S.C (“Modon”), an Abu Dhabi-based holding company, and Egypt’s Elsewedy Industrial Development have signed a letter of intent (LOI) to build and operate a new industrial zone servicing the Ras El Hekma city megaproject in Egypt. The 10 million sqm new industrial zone,...

More Details