LanzaTech Global, Inc. (NASDAQ: LNZA), the carbon recycling company transforming waste carbon into sustainable raw materials, and Olayan Financing Company (OFC), the parent company of The Olayan Group’s businesses and investments in Saudi Arabia and the Middle East, have ...
In a move representing the pinnacle of luxury real estate, AHS Properties has marked an industry milestone with the sale of an iconic penthouse in One Canal for an unprecedented $50 million. The ultra-luxury residential building along the Dubai Canal was sold to the family office of a...
Saudi Arabia will set the deadline for international companies to move their regional headquarters (HQ) to Riyadh by January 2024, otherwise they will lose their agreements with the government, Reuters reported, citing Minister of Finance Mohammed Al-Jadaan. Further, a tax...
In a landmark moment during the Fujairah International Conference on Bee Research which concluded recently, Fujairah Research Centre (FRC) and Fujairah Environment Authority (FEA) proudly announced the signing of three Memorandums of Understanding (MoUs) with esteemed partners: The University...
NEOM, the smart and sustainable regional development in northwest Saudi Arabia, announces an investment of USD 100 million, through the NEOM Investment Fund (NIF), into Pony.ai, a leading global autonomous driving company. Additionally, a joint venture will be established for autonomous technology...
VeriEstate, a Dubai-headquartered app-based property inspection company, is adding a new dimension to real estate transactions by providing prospective buyers and renters with accurate, unbiased, and comprehensive insights on the quality of the properties. The innovative platform helps uncover...
NEOM, the smart and sustainable regional development in northwest Saudi Arabia, announced today it, through the NEOM Investment Fund (NIF), has closed an investment into REGENT, the US-based electric seaglider manufacturer. The investment positions NEOM as the largest single contributor in...
Dubai Electricity and Water Authority PJSC (DEWA), the Emirate of Dubai’s exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), reported that it will pay its shareholders a dividend of AED 3.1 billion or 6.2 fils per share for the first half of...
The highly anticipated EMPRETEC Forum was held in Riyadh, under the esteemed patronage of His Excellency the Minister of Human Resources and Social Development, Eng. Ahmed Al-Rajhi. The event was organized by the Social Development Bank (SDB) and saw the presence of distinguished individuals,...
The second day of the Saudi Agricultural Exhibition continues, which commenced on Monday, October 23rd and will extend until Thursday, October 26th, under the auspices of the Ministry of Environment, Water and Agriculture. The exhibition is considered the largest event related to the agricultural...