Business & Money | Thursday 28 December, 2023 10:24 am

Najm wins the “Labor Excellence Award” in the Localization Track for Business Services Sector

The Minister of Human Resources and Social Development H.E. Eng. Ahmad bin Sulaiman Al-Rajhi honored Najm for Insurance Services as the winner of the third edition of Labor Excellence Award in the Localization Track for Business Services Sector. This award comes as a recognition for Najm leading...

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Business & Money | Thursday 28 December, 2023 9:58 am

National Gypsum signs SAR 30M contract to develop gypsum board production line

National Gypsum Co. signed on Dec. 27 a SAR 30 million contract to develop and modernize a gypsum board production line in the Riyadh factory. The company aims to keep pace with the latest technical advancements and production of up to 15 million square meters of gypsum annually,...

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Business & Money | Thursday 28 December, 2023 9:42 am

Emirates Stallions Group Concludes 2023 with a Strategic Move Securing 60% Majority Stake in AFKAR Investments

Emirates Stallions Group (ADX:ESG), the Global investment, engineering, and construction solutions company and a subsidiary of International Holding Company (IHC), has announced today the acquisition of a 60% stake in AFKAR Financial & Property Investments, an Abu Dhabi-based company with...

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Environment & Energy | Thursday 28 December, 2023 9:41 am

‘Nature Research Journal’ Showcases UAEREP’s Cloud-Seeding Achievements

The pioneering research and technology achievements of the UAE Research Program for Rain Enhancement Science (UAEREP) are featured in a peer-reviewed article published by the Nature Research journal npj Climate and Atmospheric Science.   Titled “Rethinking water security in a...

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Environment & Energy | Thursday 28 December, 2023 9:36 am

UAE Council for Climate Action reviews national efforts towards climate ambition and COP28 outcomes

Mariam bint Mohammed Almheiri, Minister of Climate Change and the Environment, chaired the fourth meeting of the UAE Council for Climate Action held this year. The Council conducted an online meeting to review the national efforts towards climate ambition, the outcomes of the 28th UN Climate...

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Tourism & Hospitality | Thursday 28 December, 2023 9:28 am

NEOM unveils coastal residential destination Norlana

NEOM board of directors unveiled Norlana, the ultra-modern active lifestyle community that is considered the latest addition to the evolving regional development in northwest Saudi Arabia. Situated on the Gulf of Aqaba’s coastline, Norlana creates a unique environment where an exclusive...

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Business & Money | Thursday 28 December, 2023 9:26 am

solutions EGM OKs SAR 308.8M reserve transfer to retained earnings

Arabian Internet and Communications Services Co.’s (solutions) shareholders approved transferring its statutory reserve, amounting to SAR 308.76 million as shown in the financial statements of 2022, to retained earnings, during the extraordinary general meeting (EGM) held on Dec....

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Business & Money | Thursday 28 December, 2023 9:25 am

Bupa Arabia wins SAR 337.3M contract to provide health insurance to SNB employees

Saudi National Bank (SNB) appointed Bupa Arabia for Cooperative Insurance Co. to provide health insurance services to the bank’s employees and their families, for one year effective Jan. 1, 2024, the insurer said in a statement to Tadawul.   The contract value is SAR 337.3 million, ...

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Business & Money | Thursday 28 December, 2023 8:01 am

Cisco Exceeds Goal to Positively Impact One Billion People

One year ahead of schedule, Cisco has surpassed its goal to make a real, tangible difference in the lives of one billion people, leveraging a powerful combination of technology and people, backed by its purpose to power an inclusive future for all. To achieve its goal of positively impacting...

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Government | Wednesday 27 December, 2023 5:03 pm

Crown Prince says Saudi Arabia proceeding with development path

Crown Prince Mohammed bin Salman said the Kingdom is proceeding with its development renaissance in line with Vision 2030 and its ambitious programs that will help the country maintain its leading position globally and achieve further development and prosperity.   In his speech...

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