Business & Money | Monday 5 June, 2023 9:57 am

Elm in initial talks to acquire PIF stake in Thiqah

Elm Co. is in preliminary talks with Thiqah Business Services Co. to buy Public Investment Fund’s (PIF) entire ownership in Thiqah, the Tadawul-listed firm said in a statement. These talks do not imply that the acquisition deal will be concluded, it added. An agreement between both...

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Business & Money | Monday 5 June, 2023 9:32 am

Sharakah participates in 32nd edition of COMEX 2023, with focus on tech sector SME development

MUSCAT: Sharakah, the leading entrepreneurship development company in Oman, recently took part in the 32nd edition of COMEX 2023, a highly regarded event organised by OITE in collaboration with the Ministry of Transport, Communications, and Information Technology, as well as the Oman Vision...

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Business & Money | Sunday 4 June, 2023 3:41 pm

Deloitte announces Hadeel Biyari as its first Saudi Indirect Tax Partner

Deloitte announced the admission of Hadeel Biyari to partnership, making her the first Saudi Indirect Tax Partner at Deloitte and in the Saudi market.    Hadeel’s appointment reinforces Deloitte’s commitment to provide an array of specialized tax services to its clients in...

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Business & Money | Sunday 4 June, 2023 11:07 am

Nafisa Shams Celebrate a Milestone: One Million Locally Made Artisanal Products

On June 1, Nafisa Shams Company celebrated the production of one million products, marking a significant milestone since its establishment in 2008. The event was held at the Company’s headquarters in Jeddah, highlighting the accomplishments of Saudi women who have been part of the organisation...

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Business & Money | Saturday 3 June, 2023 3:52 am

Hevolution Foundation to Host Panel on Healthspan Investing at 2023 BIO International Convention

-(BUSINESS WIRE)-- Hevolution Foundation, a global non-profit organization that provides grants and early-stage investments to incentivize research and entrepreneurship in healthspan science, announces its participation at the upcoming BIO International Convention, taking place at the...

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Business & Money | Friday 2 June, 2023 11:58 am

Deloitte grows leadership team in the Middle East with its largest-ever annual partner admissions

• The record number of new partners reflects the organization’s regional growth in response to the regional market needs for professional services Deloitte, the largest professional services network in the world, grows its leadership team with 60 partner admissions in the Middle East,...

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Business & Money | Friday 2 June, 2023 9:18 am

'Jewels of the Emirates' kicks off in Sharjah, showcasing Emirati excellence in gold and jewelry

  The fourth edition of the 'Jewels of the Emirates' show commenced Thursday in Sharjah, an event that has the distinction of being the first Emirati exhibition dedicated to diamond jewelry, gold, silver, pearls, luxury watches, and perfumes. Hosted by the Expo Centre Sharjah with...

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Business & Money | Thursday 1 June, 2023 3:47 pm

RAKEZ hosts employee town hall to unveil ambitious 5-year strategy

Ras Al Khaimah Economic Zone (RAKEZ) successfully hosted a town hall meeting for all staff members to unveil its ambitious 5-year strategy. The town hall provided employees with valuable insights into the organisation's vision and goals for the coming years.   The key objective...

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Business & Money | Thursday 1 June, 2023 3:19 pm

Saudi Contractors Authority rolls out contractor pre-qualification program for PIF units

The Saudi Contractors Authority (SCA) and the Public Investment Fund (PIF) launched the contractor pre-qualification program for the fund’s units. The program aims to provide various services and facilities, enabling contractors to pre-qualify under the applicable technical standards. This...

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Business & Money | Thursday 1 June, 2023 2:59 pm

MENA M&A value for Q1 2023 grows by 42% in comparison to Q1 2023

The MENA region witnessed a 42% increase in the total value of merger and acquisition (M&A) deals in Q1 2023 compared to the same period last year, according to the latest EY MENA M&A Insights report. Overall, the first quarter of the year saw 165 deals amounting to US$25.8b.The...

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