Business & Money | Tuesday 2 September, 2025 8:56 am

Mouwasat OKs SAR 1.4B projects to build AlAhsa hospital, expand Qatif, Riyadh hospitals

Mouwasat Medical Services Co.'s board of directors approved the project of establishing the company's new hospital in AlAhsa, as well as the expansion of its hospital in Qatif and hospital in Riyadh, at a total value of SAR 1.38 billion. AlAhsa hospital will be built with a capacity of 200...

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Business & Money | Tuesday 2 September, 2025 8:45 am

LEEJAM CHAIRMAN WITNESSES THE PROGRESS OF 250 SAUDI TRAINEES AT SAUDI ACADEMY OF SPORTS SCIENCES

Leejam Sports Company, the owner and operator of “Fitness Time” the largest gym chain in the MENA region and a publicly  listed company on the Saudi Exchange (Tadawul), continues to play a pioneering role in developing Saudi Arabia’s sports and fitness sector by investing in the training ...

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Business & Money | Tuesday 2 September, 2025 8:41 am

Masar signs reservation agreements to sell 2 land plots at SAR 328.8M

Umm Al Qura for Development and Construction Co. (MASAR) signed on Sept. 1 two reservation agreements to sell two land plots within the Masar Destination project to Shoala Al-Wadi Real Estate Co., a special-purpose entity owned by a real estate fund managed by SEDCO Capital at a total value of ...

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Business & Money | Monday 1 September, 2025 1:22 pm

MIS signs 2 contracts worth SAR 190.9M with Health Ministry, Elm

Al Moammar Information Systems Co. (MIS) signed on Aug. 31 two contracts worth SAR 190.9 million (inclusive of VAT) with the Ministry of Health and Elm Co., according to a Tadawul filing. The 60-month project worth SAR 126.1 million signed with the Ministry of Health aims to provide...

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Business & Money | Monday 1 September, 2025 11:55 am

UAE participates in Tatarstan Petrochemical Forum

The UAE, represented by the Ministry of Energy and Infrastructure, took part in the Tatarstan Petrochemical Forum – 2025, hosted by the Republic of Tatarstan, Russia. The UAE delegation was headed by Saif Ghobash, Assistant Under-Secretary for the Petroleum, Gas and Mineral Resources Sector...

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Business & Money | Monday 1 September, 2025 11:53 am

TAQA Distribution, Aldar partner to develop sustainable, integrated communities

TAQA Distribution, a subsidiary of Abu Dhabi National Energy Company (TAQA) and Aldar have entered a strategic partnership to support the development of sustainable, integrated communities in Abu Dhabi. The agreement was signed by Omar Al Hashmi, CEO of TAQA Distribution, and Adel Abdulla...

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Business & Money | Monday 1 September, 2025 11:50 am

Borouge shareholders approve $660 million H1 2025 dividend

Borouge Plc today confirmed shareholder approval at its 29th August General Assembly Meeting for an interim dividend of $660 million, equivalent to 8.1 fils per share, reflecting strong H1 performance supported by healthy pricing premia, disciplined cost management and strategic inventory...

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Business & Money | Monday 1 September, 2025 9:00 am

2P signs SAR 122.2M IT contract with Eastern Health Cluster

Perfect Presentation for Commercial Services Co. (2P) signed today, Aug. 31, a contract to operate and maintain IT systems and networks for the Eastern Health Cluster’s digital health unit. The contract is worth SAR 122.19 million, including VAT. In a Tadawul filing, the company said the...

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Business & Money | Monday 1 September, 2025 8:38 am

2P bags SAR 35M contract from Taibah University

Perfect Presentation for Commercial Services Co. (2P) was awarded, on Aug. 31, a managed IT services project for Taibah University and its branches at a total value of SAR 34.99 million including VAT, according to a statement to Tadawul. The scope of work under this contract includes the...

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Business & Money | Monday 1 September, 2025 8:31 am

Azizi Developments wins Global Business Finance Awards’ Best CSR Initiative and CEO of the Year

 Azizi Developments, a leading private developer in the UAE, has been honored with two prestigious recognitions at the Global Business Finance Awards 2025. The developer was awarded Best Corporate Social Responsibility Initiative UAE 2025, while its Group CEO, Mr. Farhad Azizi, received the...

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