Business & Money | Wednesday 24 July, 2024 9:12 am

Natural Ventures Announces First Close of $100m fund to address food and water security globally.

Natural Ventures, an impact-focused venture capital fund that addresses global food and water security, is pleased to announce the first close of its inaugural fund. Natural Ventures takes an impact-driven approach to investing in and supporting the drive towards a more sustainable future and...

More Details

Business & Money | Wednesday 24 July, 2024 8:58 am

11 development projects worth SAR 640M launched in Hail

Saudi Minister of Environment, Water and Agriculture, Abdulrahman AlFadley, launched 11 development projects in Hail, today, July 21, with the total value exceeding SAR 642 million. These projects will enhance water supplies and rationalize consumption, the minister said. He...

More Details

Environment & Energy | Tuesday 23 July, 2024 2:07 pm

Saudi Arabia has sufficient uranium to diversify energy mix: Al-Khorayef

Minister of Industry and Mineral Resources Bandar Al-Khorayef said that Saudi Arabia has sufficient quantities of uranium to meet its need to diversify the energy mix, noting that the search for uranium and other minerals is still ongoing. He also stressed the importance of the mining sector as the ...

More Details

Business & Money | Tuesday 23 July, 2024 1:55 pm

Edarat awarded SAR 7.1M project by Almaviva

Edarat Communication and Information Technology Co. was awarded today, July 21, a project by Almaviva Saudi Arabia for Information Technology for a period of five and a half years at a value of SAR 7.14 million (inclusive of VAT), according to a statement to Tadawul. Under the contract,...

More Details

Business & Money | Tuesday 23 July, 2024 1:41 pm

Over million smart water metres in Dubai with 100% installation rate: DEWA

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA has achieved 100% installation of smart water metres in Dubai, meeting the growing demand for water services. By the start of June 2024, DEWA had installed over one million smart metres...

More Details

Business & Money | Tuesday 23 July, 2024 1:39 pm

ADNOC L&S Joint Venture awards $1.9 billion in contracts for very large ethane, ammonia carriers

ADNOC Logistics and Services plc today announced that AW Shipping, its joint venture with Wanhua Chemical Group, has awarded shipbuilding contracts to Jiangnan Shipyard in China, priced at approximately $1.9 billion (AED7 billion) in total. The contract for the construction of nine Very Large...

More Details

Business & Money | Tuesday 23 July, 2024 1:37 pm

Sanad, Rolls-Royce to foster future aviation leaders

Sanad, the global aerospace engineering and leasing solutions leader wholly owned by Mubadala, has collaborated with Roll Royce, a global leader and manufacturer in the aerospace industry, focused on nurturing the next generation of leaders in the aviation sector. The agreement was signed at...

More Details

Cars & Autos | Tuesday 23 July, 2024 11:06 am

GEMTECH FORUM Concludes with Resounding Success in Riyadh

 The Global EV & Mobility Technology Forum wrapped up at the Riyadh International Convention & Exhibition Center (RICEC) with resounding success and overwhelming enthusiasm from participants worldwide. Spanning two days of insightful sessions and dynamic exhibitions, the event set a...

More Details

Technology & IT | Tuesday 23 July, 2024 10:54 am

HONOR 200 Pro Revolutionizes User Experience with A Range of Cutting-Edge AI-Driven Features

This year, HONOR has revealed its AI vision, and unveiled the industry's first intent-based and first Four-Layer AI Architecture which focuses on integrating AI into devices. This AI Architecture includes Cross-device and Cross-OS AI which enhances productivity by seamlessly sharing resources....

More Details

Business & Money | Tuesday 23 July, 2024 10:47 am

Armah signs lease to develop, operate 2 fitness clubs in Jeddah

Armah Sports Co. signed on July 22 a lease for a building on Makkah Road, Jeddah, to develop and operate two fitness clubs, according to a statement to Tadawul. The 15-year contract was signed for an average annual lease of SAR 3.64 million, SAR 54.62 million excluding VAT). The contract...

More Details