Business & Money | Monday 15 April, 2024 8:55 am

Al Kathiri subsidiary wins SAR 21M contract

Al Kathiri Holding Co.'s subsidiary Msandh Al-Emdad Ltd. Co. was awarded on April 9 a project by the Presidency of State Security to construct a building in Riyadh, at a total value of SAR 20.99 million (including VAT), according to a statement on Tadawul.  The project includes the supply ...

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Business & Money | Monday 15 April, 2024 8:45 am

NEOM Hosts Global Contractor Forum to Shape Future Projects

⦁ Over 100 leading global construction companies briefed on the current progress of construction and breadth of opportunities on key projects throughout NEOM.⦁ Nadhmi Al-Nasr, CEO of NEOM, emphasized the progress on the ground, the scale of future opportunities and commitment to collaborating...

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Business & Money | Sunday 14 April, 2024 5:50 pm

Why putting art in the heart of our communities matters to ROSHN

Ghada AlRumayanWhatever form it takes, art is about expressing emotion, communicating ideas, and stimulating thoughts through creativity. Free of necessity, it is perhaps one of the most truly human undertakings and is “indispensable to our quality of life” as noted in Saudi Vision 2030. This...

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Business & Money | Sunday 14 April, 2024 11:09 am

ADES wins SAR 350M contract from TotalEnergies for jack-up rig in Qatar

ADES Holding Co. received a letter of award for a project worth SAR 350 million from TotalEnergies Co. to operate a jack-up rig in Qatar, including the mandatory and optional extension periods. The contract includes a firm one-year term and three optional...

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Business & Money | Sunday 14 April, 2024 10:21 am

Equipment House, Health Ministry sign SAR 180.3M contract

Scientific & Medical Equipment House Co. (Equipment House) signed, on April 4, a contract worth SAR 180.3 million (including value-added tax) with the Ministry of Health, to provide cooked nutrition services for King Fahd Heart Center, Uhud Hospital and Miqat General Hospital in...

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Business & Money | Sunday 14 April, 2024 10:19 am

Knowledge City signs 2 contracts worth SAR 288.6M for Al-Alya project

Knowledge Economic City Co. signed, on April 4, two contracts with ElKhereiji Commerce & Contracting Co. at a total value of SAR 288.63 million (Excluding VAT).   In two separate statements on Tadawul, the company said that the first contract is for implementing all contracting...

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Business & Money | Sunday 14 April, 2024 10:15 am

National Learning signs SAR 87M lease contract for educational complex in Riyadh

National Company for Learning and Education (NCLE) signed, on April 7, a lease contract with Hayat Al-Nasser, Muhammad Al-Quwaifli, and Abdulaziz Al-Aiban, for the operation of an educational complex building in Riyadh.   In a statement to Tadawul, the company pointed out that...

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Business & Money | Sunday 14 April, 2024 10:12 am

SGS renews ground-handling contract with Flynas for SAR 2B

Saudi Ground Services Co. (SGS) renewed its contract with Flynas by signing an agreement at an expected value of SAR 2 billion, on April 13. The contract duration is five years starting from Jan. 1, 2024, SGS said in a statement to Tadawul. Under the contract, SGS will provide...

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Business & Money | Sunday 14 April, 2024 9:53 am

Saudi Cable names Sabri Alghamdi as Chairman, Walid AlShuwaier Vice Chairman

Saudi Cable Co.'s board of directors decided on April 7 to appoint Sabri Alghamdi as Chairman and Walid AlShuwaier as Vice Chairman for the next three-year term starting April 4, 2024, according to a Tadawul statement.  The board also formed the nomination and remuneration committee,...

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Business & Money | Sunday 14 April, 2024 9:52 am

Supreme Council of Energy launches Dubai Demand Side Management Recognition Programme

The Dubai Supreme Council of Energy has launched the Dubai Demand Side Management Recognition Programme, a unique platform to recognise and honour the exemplary efforts of organisations and individuals who contribute to enhancing the future of Dubai through responsible practices in energy and water ...

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