Business & Money | Sunday 1 October, 2023 12:30 pm

Najm Partners Up with iot squared to advance insurance services

Najm for Insurance Services has signed an agreement with iot squared, a leading company in providing Internet of Things (iot) solutions for smart logistics and cities, to advance insurance services in the Kingdom. The agreement was signed by the Acting CEO of Najm, Mohammad Al-Shehri, and the...

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Business & Money | Sunday 1 October, 2023 12:01 pm

Saudi’s Alamiya makes bold move back into the film industry with the acquisition of Lyra Pictures

Alamiya, a prominent live production and entertainment company in the Middle East with a fifty-year heritage, has announced its latest milestone in the industry – the acquisition of Lyra Pictures.  This transformative partnership marks a significant step towards shaping the future of...

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Government | Sunday 1 October, 2023 11:18 am

ADIPEC gathers global energy leaders in Abu Dhabi tomorrow

Under the patronage of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and hosted by ADNOC, the ADIPEC 2023 will be held at the Abu Dhabi National Exhibition Centre (ADNEC) from Monday, 2nd October, run until Thursday, 5th October, Under the theme of ‘Decarbonising. Faster....

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Business & Money | Sunday 1 October, 2023 11:01 am

CENOMI CENTERS AND CAREEM FORM STRATEGIC PARTNERSHIP TO DELIVER SEAMLESS RETAIL EXPERIENCE FOR CUSTOMERS

Cenomi Centers, the leading owner, operator, and developer of contemporary lifestyle centers in Saudi Arabia, and Careem, the region’s leading multi-service app,                 have announced a new strategic partnership aimed at improving...

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Government | Sunday 1 October, 2023 10:59 am

MoIAT to showcase new investment opportunities and incentives for industrial competitiveness and sustainability at ADIPEC 2023

The Ministry of Industry and Advanced Technology (MoIAT) is set to showcase a range of new incentives at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2023 to support the sustainable growth of national industries.From 2-5 October at the Abu Dhabi National Exhibition...

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Environment & Energy | Sunday 1 October, 2023 10:55 am

Theme of World Green Economy Summit 2023 revealed

Dubai Electricity and Water Authority (DEWA), the World Green Economy Organisation (WGEO), and the Dubai Supreme Council of Energy announced that the theme of the 9th World Green Economy Summit (WGES) is ‘Bridging the Gap to the Future: Advancing the Global Green Economy’.The theme reflects the ...

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Government | Sunday 1 October, 2023 10:29 am

Saudi structural reforms to continue: Al-Jadaan

The Saudi government will continue implementing fiscal and economic structural reforms to help develop and diversify the Saudi economy, and to increase economic growth while maintaining fiscal sustainability, which will be achieved by continued implementation of Saudi Vision 2030 initiatives and...

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Tourism & Hospitality | Sunday 1 October, 2023 10:02 am

Saudia Enters a New Era Through Major Re-brand Strategy

Saudia, the national flag carrier of Saudi Arabia, revealed its new brand identity and livery during a milestone event in Jeddah, in the presence of Royal Highnesses, Excellencies and leaders from both the public and private sectors, as well as prominent media correspondents and aviation experts....

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Business & Money | Sunday 1 October, 2023 10:00 am

Saudi economy seen to grow 0.03% in 2023

The Ministry of Finance expected to maintain positive economic growth rates this year and in the medium term, backed by structural reforms and sector strategies in line with Vision 2030.   In its Pre-Budget Statement 2024, the ministry expected real gross domestic product (GDP) to...

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Business & Money | Sunday 1 October, 2023 10:00 am

Red Sea International, Al Rajhi sign SAR 330 mln agreement to finance acquisition

Red Sea International Co. signed on Sept. 28 a financing facility agreement contract worth SAR 330 million with Al Rajhi Bank. The agreement aims to finance the acquisition of a 51% stake in Fundamental Installation for Electric Work Co. Ltd. (First Fix), the company said in a statement to...

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