Business & Money | Wednesday 23 February, 2022 12:20 pm

Saudi Arabia’s residential real estate finance to be worth $162bn by 2030, says Housing Minister

Saudi Arabia's residential real estate finance is expected to exceed 1.2 million contracts with a value of SR600 billion ($162 billion) by 2030, according to the Minister of Housing.  Addressing the Real Estate Future Forum on Feb. 23 in Riyadh, Majid Al-Hogail noted that the real estate...

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Business & Money | Wednesday 23 February, 2022 12:05 pm

Volume of Saudi construction contracting to reach $75bn by 2024: SCA Governor

The volume of construction contracting in Saudi Arabia is expected to reach SR275 billion ($75 billion) by 2024, according to the Governor of Saudi Contractors Authority, Thabet Al-Sawyeed. Al-Sawyeed made these remarks while addressing the Real Estate Future Forum on Feb. 23 in...

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Business & Money | Monday 21 February, 2022 5:43 pm

Industry Leaders exhibit at MRO Middle East and Aircraft Interiors Middle East to drive innovation and sustainability

  The joint organisers of MRO Middle East & Aircraft Interiors Middle East (AIME), Aviation Week Network and Tarsus F&E LLC Middle East, have announced an abundance of high-calibre local and international companies who will be participating at this year’s exhibition to help...

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Business & Money | Monday 21 February, 2022 3:52 pm

ENOC Group in partnership with SAP automated over 1,000 business processes to date

Next phase of Group’s digital transformation journey to focus on retail business segment  ENOC Group, the Official Integrated Energy Partner of Expo 2020 Dubai, today reiterated its continued commitment to its digital future by strengthening its partnership with SAP to support its...

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Business & Money | Monday 21 February, 2022 3:48 pm

Mobily reports outstanding 2021 net income growth of 36.8% to SAR 1,072 mn with proposed cash dividends raised by 70% YoY

 Mobily delivers highest top- and bottom-line levels since 2014, reaching SAR 14.8 bn and 1.1 bn respectively in 2021Operational Cash Flow2 increases by 36.9% to SAR 3.5 bn, thanks to steady growth in EBITDA coupled with CAPEX ramp-down on completion of strategic objectivesSolid set of results ...

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Business & Money | Monday 21 February, 2022 3:40 pm

Middle East Facility Management Association CONFEX 2022 sets stage to voice the facility management industry

 Association to introduce the 1st ever MEFMA Awards this yearThe Middle East Facilities Management Association (MEFMA) is all set to return with ‘MEFMA CONFEX’, the region’s most anticipated facility management (FM) event, to celebrate and showcase latest trends in...

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Business & Money | Monday 21 February, 2022 3:00 pm

AVIATION EMBARKS ON A DECADE OF GROWTH, BUT EMISSIONS MAY GET IN THE WAY, OLIVER WYMAN REPORTS

Middle East fleet will expand by 4.5% a year over the next decade as demand expected to climb back to pre-pandemic levels in 2023Report released ahead of MRO Middle East conference in Dubai After struggling with COVID-19 for more than two years, the aviation industry is set to rebound — with ...

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Business & Money | Monday 21 February, 2022 2:55 pm

Jazeera Paints participates in the International Petroleum Technology Conference organized by Aramco

Jazeera Paints, the leading Saudi company in the field of paints, colors, and construction solutions, will participate this week in the International Petroleum Technology Conference (IPTC), in its 12th session in the Kingdom of Saudi Arabia, on Monday February 21-23, 2022, at the Riyadh...

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Business & Money | Thursday 17 February, 2022 10:37 pm

MAWANI showcases pioneering achievements at Made in Saudi Expo

Underlining its support for the Kingdom’s national industries and homegrown products, the Saudi Ports Authority (MAWANI) participated in Made in Saudi Expo, a four-day exhibit of local brands held as part of Riyadh Season.The Authority highlighted its pioneering achievements locally and globally...

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Business & Money | Thursday 17 February, 2022 10:29 pm

Saudi IP authority adds new copyright classifications

The Saudi Authority for Intellectual Property announced the inclusion of new fields in the Kingdom’s optional registration copyright service. The new classifications, namely artistic and applied artistic works, photographic works, graphic works and stereoscopic topographic works, will be...

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