Business & Money | Wednesday 8 January, 2025 11:01 am

Nice One debuts on TASI today at SAR 35/share

Nice One Beauty Digital Marketing Co. will begin trading on the Main Market (TASI) today, Jan 8, under the symbol 1934 and ISIN Code SA1660HI1GH4, at SAR 35 a share. The stock will trade in the first three days with a daily price fluctuation limit of +/-30% and +/-10% static price fluctuation...

More Details

Business & Money | Wednesday 8 January, 2025 10:58 am

Saudi Arabia outpaces Vision 2030 goals: License surge, regional HQ boom, sectors growth

The Invest Saudi portal demonstrated that the Kingdom surpassed the objectives outlined in the Saudi Vision 2030 initiative, achieving exceptional results in the issuance of licenses, the attraction of regional headquarters (HQ), and the overall growth of key sectors. By September 2024, Saudi...

More Details

Business & Money | Wednesday 8 January, 2025 10:50 am

Fiber Connect Council MENA Conference 2025 to Address Critical Role of Carriers in AI Infrastructure Development

 The Fiber Connect Council MENA announced today its 14th annual Conference and Exhibition, focusing on "The Role of Carriers in Enabling AI Fiber Infrastructure." The event, scheduled for January 20-22, 2025, in Dubai, comes at a crucial time as the MENA region experiences unprecedented demand ...

More Details

Business & Money | Wednesday 8 January, 2025 10:35 am

Devsinc Acquires UAE-Based Alchemative Group, Taps into $7B Domestic Digital Retail Market

Devsinc, one of Pakistan’s top IT companies, today announced the acquisition of Alchemative Group, a UAE-based provider of ecommerce and digital retail solutions and creator of the UnumPay payment gateway. The acquisition marks Devsinc's expansion into key Middle Eastern markets, starting from...

More Details

Business & Money | Wednesday 8 January, 2025 10:31 am

Green Hydrogen Summit to Return to Abu Dhabi Sustainability Week to Accelerate Industry Scale-Up

Held under the patronage of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, Abu Dhabi Sustainability Week (ADSW) 2025, the global platform supported by the UAE and its clean energy leader Masdar, will again feature the Green Hydrogen Summit, bringing together industry leaders ...

More Details

Business & Money | Wednesday 8 January, 2025 9:26 am

ATM 2025 to address soaring growth within the aviation sector as connectivity takes centre stage

Several leaders from the international aviation sector are expected to participate in the 32nd edition of Arabian Travel Market (ATM), which will take place at Dubai World Trade Centre (DWTC) from 28 April to 1 May 2025, discussing some of the most pressing topics in the industry. Several...

More Details

Business & Money | Wednesday 8 January, 2025 9:15 am

Retal inks SAR 374M contract to construct 285 housing units in Riyadh

Retal Urban Development Co. signed a SAR 374 million contract with its 80%-owned subsidiary, Building and Construction Co. (BCC), to build 285 residential units in Marsiyah district of Riyadh's Al Khuzam suburb.  In a statement to Tadawul, the company pointed out...

More Details

Business & Money | Wednesday 8 January, 2025 8:51 am

Wave of speakers confirmed for inaugural maritime event in Qatar

A wave of speakers have confirmed their commitment to take to the stage at the upcoming Seatrade Maritime Qatar, taking place in Doha from 4-5 February 2025. The inaugural event - under the patronage of Minister of Transport, H.E. Sheikh Mohammed bin Abdulla bin Mohammed Al Thani - is hosted...

More Details

Business & Money | Tuesday 7 January, 2025 11:59 am

MIS extends MoU to explore feasibility of AI cloud services

Al Moammar Information Systems Co. (MIS) extended the memorandum of understanding (MoU) to study the feasibility of providing cloud services for artificial intelligence (AI) in Saudi Arabia for 60 days, according to a Tadawul statement. The extension aims to complete the research and...

More Details

Business & Money | Tuesday 7 January, 2025 11:55 am

Saudi Arabia completes $12B international bond issue

Saudi Arabia closed investor requests for international bond issuance, as part of the Saudi Government International Bond program, the National Debt Management Center (NDMC) announced. Total subscription requests reached approximately $37 billion, exceeding three times the total...

More Details