Business & Money | Friday 28 June, 2024 1:00 pm

Aramco set to buy 10% stake in Renault-Geely JV: Report

Saudi Aramco is is set to take a stake of about 10% in a powertrain joint venture with Renault SA and China’s Zhejiang Geely Holding Group Co., Bloomberg reported, citing people familiar with the matter.  The transaction is set to value Horse Powertrain Ltd. at around €7.4...

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Business & Money | Friday 28 June, 2024 12:59 pm

Dallah Healthcare, AlJazira Capital set to launch investment real estate fund in Riyadh

Dallah Healthcare Co. plans to sign a joint memorandum of understanding (MoU) with Dallah Real Estate Co., AlJazira Capital and Tatweer to launch an investment real estate fund to appreciate partners’ capital through acquiring land plot and implementing construction development...

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Business & Money | Friday 28 June, 2024 12:58 am

Azizi Developments, RAK Ceramics expand contract across multiple projects

 Azizi Developments, a leading private developer in the UAE, has extended its partnership with RAK Ceramics, the renowned global lifestyle solutions provider based in the UAE, for the supply of ceramic sanitary ware. RAK Ceramics will now supply various projects across MBR City, Dubai Studio...

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Tourism & Hospitality | Thursday 27 June, 2024 2:52 pm

SUN SIYAM RESORTS PROMOTES SARA SIYAM TO DIRECTOR OF MARKETING

Sun Siyam Resorts is proud to announce the promotion of Sara Siyam from Creative Director toDirector of Marketing, effective May 1, 2024. With an impressive tenure at Sun Siyam Resorts since 2017, Sara has demonstrated exceptional leadership and creativity, driving brand development and innovative...

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Business & Money | Thursday 27 June, 2024 1:53 pm

Saudi Minister of Finance Concludes his Participation in OPEC Fund Development Forum and Ministerial Meeting

His Excellency the Saudi Minister of Finance, Mr. Mohammed bin Abdullah Aljadaan, concluded his participation in the OPEC Fund Development Forum and Ministerial Meeting, which was held June 25-26, 2024 in Vienna, Austria. During the meeting Minister Aljadaan described Saudi Arabia’s efforts...

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Business & Money | Thursday 27 June, 2024 11:50 am

ACWA Power inks SAR 12.3B PPAs for 3 energy projects

ACWA Power Co. signed, on June 26, power purchase agreements (PPAs) worth SAR 12.3 billion ($3.3 billion) to develop, implement, and operate three major solar photovoltaic (PA) energy projects in Haden, Muwayh and Al Khushaybi. In a statement to Tadawul, ACWA Power said the projects are...

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Business & Money | Thursday 27 June, 2024 10:59 am

Leading Mobility Stakeholders Gather in Riyadh for GEMTECH Forum 2024

 Saudi Arabia’s Premier mobility event, Global EV & Mobility Technology Forum (GEMTECH), will open its doors to global and regional mobility stakeholders in less than three weeks at Riyadh  International  Convention & Exhibition  Center(RICEC). The Show will host a...

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Business & Money | Thursday 27 June, 2024 10:29 am

Advancements in 3D Printing Construction and its Contribution to UAE's Net Zero by 2050 Initiative

In recent years, the UAE has emerged as a global leader in adopting innovative technologies to achieve sustainability goals. One of the most promising advancements is in the realm of 3D printing construction, which is revolutionizing the building industry and contributing significantly to the UAE's ...

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Government | Thursday 27 June, 2024 10:24 am

UAE Chairs 45th Annual Session of the OPEC Fund Ministerial Council

The United Arab Emirates today chaired the 45th annual session of the OPEC Fund Ministerial Council held in Vienna, Austria. During the meeting, council members discussed the annual report for 2023, as well as the latest developments and progress of the Fund’s projects and initiatives. His...

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Government | Thursday 27 June, 2024 10:23 am

King Fahd Causeway to Bahrain Goes Digital: E-Insurance Now Mandatory for All Vehicles

United Insurance Company, the provider responsible for mandatory insurance for vehicles crossing the King Fahd Causeway to Bahrain, has announced that, effective July 1st, short-term insurance policies (3, 5, 10 days) will be available exclusively through electronic channels. The company...

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