Technology & IT | Monday 13 May, 2024 9:48 am

The Ministry of Investment of Saudi Arabia (MISA) Signs MoU with Ant International to Expand Business in Saudi Arabia

The Ministry of Investment of Saudi Arabia (MISA) has signed a Memorandum of Understanding (MoU) with Ant International, to facilitate the business expansion into the Kingdom. Ant International’s President, Douglas Feagin, met with Mr. Eng Saleh Khabti, Deputy Minister of Investment of Saudi ...

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Tourism & Hospitality | Monday 13 May, 2024 9:33 am

DoubleTree by Hilton Sharjah Waterfront Hotel and Residences voted Sharjah’s Leading Hotel for the Second Consecutive Year

DoubleTree by Hilton Sharjah Waterfront Hotel & Residences is proud to announce that it has been voted Sharjah’s Leading Hotel for the year 2024 by the prestigious World Travel Awards. This marks the second year the hotel has received this distinguished accolade, ...

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Tourism & Hospitality | Monday 13 May, 2024 9:24 am

Major General Sultan Yousef Al Nuaimi Acknowledges Ajman Tourism's Contributions at Arabian Travel Market 2024

Major General Sultan Yusuf Abdul Rahman Al Nuaimi, Director-general of Residency and Foreigners Affairs at the Federal Authority for Identity, Citizenship, Customs & Port Security, acknowledged the Ajman Department of Tourism Development’s contributions during his visit to Ajman platform at...

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Beauty & Style | Monday 13 May, 2024 9:16 am

Second edition of Saudi Food Show surges in size, expanding global reach and influence

Building on the phenomenal success of its inaugural 2023 edition, the second Saudi Food Show - the largest global F&B sourcing event in the Kingdom - promises to surpass the first on every level. Taking place from 21-23 May at Riyadh Front, this year’s edition will be packed with exhibitors,...

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Technology & IT | Monday 13 May, 2024 9:15 am

Moro Hub Presents Smart Salem Medical Center with a Green Certificate for Environmental Commitment

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), presented a Green Certificate to Smart Salem Medical Center L.L.C, a leading healthcare provider committed to innovation and sustainability, for its exemplary efforts in reducing carbon...

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Technology & IT | Monday 13 May, 2024 9:02 am

Expo Centre Sharjah to offer digital payment services for exhibitors, visitors

Expo Centre Sharjah has signed a strategic partnership agreement with Magnati and PayRow Payment, leading digital payment solutions and service providers. The partnership underscores Expo Centre Sharjah's unwavering commitment to boosting digital transformation in the UAE's exhibition and...

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Business & Money | Monday 13 May, 2024 8:56 am

First Mills completes buyback of 300,000 shares for employee share scheme worth SAR 25.4M

First Milling Company (First Mills), a market-leading player in the Kingdom's milling industry, completed the buyback of 300,000 shares (representing 0.54% of its shares) to be allocated for the employee share scheme. According to a statement on Tadawul, the deal is valued at SAR 25.36...

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Business & Money | Monday 13 May, 2024 8:53 am

Al Akaria pens SAR 532.1M deal with Diriyah Gate

Saudi Real Estate Co. (Al Akaria) signed on May 9 a contract worth SAR 532.1 million, inclusive of VAT, with Diriyah Gate Development Authority (DGDA) for the implementation of excavation works for Car Park A, Car Park B, and related works, according to a filing to Tadawul. The contract...

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Business & Money | Monday 13 May, 2024 8:25 am

Al Rajhi Bank completes issuing $1B Sukuk

Al Rajhi Bank completed the issuance of USD-denominated additional tier-1 capital sukuk, totaling $1 billion. In a statement to Tadawul, the bank said the total number of sukuk is 5,000 (based on the minimum denomination and total issue volume), with each sukuk having a nominal value of...

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Business & Money | Monday 13 May, 2024 8:17 am

MIS signs 2 contracts worth SAR 167.7M

Al Moammar Information Systems Co. (MIS) signed two contracts worth SAR 167.66 million, including VAT, according to two separate statements to Tadawul. The first contract was signed with Saudi Electricity Co. (SEC) to provide network management, communication, and operation services worth SAR...

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