Business & Money | Wednesday 18 September, 2024 11:14 am

Dubai Future Foundation launches ‘The Future of Progress’ report rethinking national success

Dubai Future Foundation (DFF) today published a report titled “The Future of Progress”, making the case for a new global measurement of national success that goes beyond the traditional concept of gross domestic product (GDP).  DFF had previously raised the notion of new definitions...

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Healthcare | Wednesday 18 September, 2024 11:09 am

Emirates Health Services Implements Advanced Technology for Early Detection of Vision Problems in Children Aged 6 Months and Older

Emirates Health Services (EHS) has unveiled its adoption of cutting-edge technology for the early detection of vision problems in children using the portable Spot Vision Screener. This initiative is part of the continuous efforts to enhance pediatric health and ensure they receive the highest...

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Business & Money | Wednesday 18 September, 2024 11:07 am

Tassnief affirms Ladun rating at BBB+

Simah Rating Agency (Tassnief) maintained its long-term credit rating for Ladun Investment Co. at “BBB+” and its short-term rating at “T-4” with Stable outlook.   In an emailed statement to Argaam, Tassnief explained that the ratings reflect the company's large-scale...

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Business & Money | Wednesday 18 September, 2024 11:04 am

SARCO to secure SAR 500M facilities from Riyad Bank

Saudi Arabia Refineries Co. (SARCO) signed an agreement with Riyad Bank to secure SAR 500 million Shariah-compliant facilities.   The facility term will be three years, or 360 renewable days, said the company, indicating that the loan was guaranteed by its investment...

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Business & Money | Wednesday 18 September, 2024 11:00 am

Contracting committee studies ways to ease rise in building material prices

The Permanent Coordination Committee for the Development of the Contracting Sector is studying proposals to address challenges to reduce building materials price inflation, said Waleed Sultan, General Supervisor for Classification Development at the Ministry of Municipalities and...

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Technology & IT | Wednesday 18 September, 2024 10:52 am

Saudi Arabia rises to 4th position globally in UN e-government index

The Kingdom of Saudi Arabia has jumped 25 places in the UN E-Government Development Index (EGDI) 2024. It was ranked fourth globally, first regionally, and second among Group of Twenty (G20) countries in the digital services index.   Additionally, it secured the seventh position in...

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Government | Wednesday 18 September, 2024 10:46 am

Here’re details of new commercial register, trade names laws

Saudi Cabinet’s approval for the Commercial Register and Trade Names Laws paves the way for ease of doing business and reduces the burdens on commercial establishments by requiring one record only per establishment, Minister of Commerce Majid Al-Qasabi said.   The Trade Names Law...

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Environment & Energy | Wednesday 18 September, 2024 10:44 am

Aramco aims for key role in LNG market: Al-Ghamdi

Khalid Al-Ghamdi, Executive Vice President of the Gas Business at Saudi Arabian Oil Co. (Saudi Aramco), stated that the company aims to become a key player in the liquefied natural gas (LNG) market.   Al-Ghamdi added that the Gastech Energy Conference in Houston, that Aramco has...

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Business & Money | Wednesday 18 September, 2024 10:38 am

Saudi Top pens contract to buy polycarbonate waste from SABIC

Saudi Top for Trading Co. signed a contract with Saudi Basic Industries Corp. (SABIC) to buy polycarbonate waste from SABIC.   In a statement to Tadawul, the company said that the contract has a term of three years starting from Oct. 1, 2024, adding that the deal will contribute to...

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Business & Money | Wednesday 18 September, 2024 10:18 am

GEA, Kafalah to provide financial support to SMEs

The General Entertainment Authority (GEA), in partnership with the Small and Medium Enterprises Loan Guarantee Program (Kafalah), will provide financial support to SMEs of up to SAR 100 million to boost and empower the entertainment sector and stimulate economic growth, Chairman Turki Al-Sheikh...

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