Business & Money | Thursday 31 August, 2023 8:44 am

Wa’ed Ventures leads a US $27 million Series A round for Rewaa, with participation from STC’s CIF

Rewaa, Saudi’s leading omnichannel inventory management system, accounting, and POS platform for the retail industry, announced that it raised $27 million in Series A funding round led by Wa’ed Ventures, a VC fund wholly owned by Aramco. STC’s Corporate Innovation Fund (CIF) participated ...

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Business & Money | Thursday 31 August, 2023 2:21 am

HealthPlus Fertility announces launch of 5th HealthPlus Middle East Fertility Conference

HealthPlus Fertility, Mubadala Health partner, has announced the launch of its 5th HealthPlus Middle East Fertility Conference taking place at The Address, Dubai Marina from September 1 to 3 with the theme ‘Preserving Hope and Empowering Fertility Choices.’ The annual industry...

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Business & Money | Thursday 31 August, 2023 2:19 am

EXTREME INTERNATIONAL AND DRB ARABIA PARTNER TO PROPEL TOURISM CONSULTANCY IN SAUDI ARABIA AND MENA REGION

DRB Arabia and EXTREME International proudly announce the launch of their collaborative venture, EXTREME DRB Consultancy, marking a significant milestone in tourism and hospitality consultancy. Combining EXTREME International’s 27 years of operation and a sustained 6 year presence in the...

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Tourism & Hospitality | Thursday 31 August, 2023 1:11 am

SAUDIA GROUP PLAYS KEY ROLE IN THE SUCCESS OF HAJJ SEASON 2023

SAUDIA Group has announced that its performance reports, following the Hajj Season 2023, show distinguished operating rates during the peak of the summer travel season from May 21st to August 2nd, 2023. SAUDIA Group’s performance during this period peaked as the airline allocated more than 1.2...

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Government | Wednesday 30 August, 2023 3:14 pm

Minister of Culture and Youth emphazised the vital role culture can play in accelerating climate action ahead of COP28 UAE

His Excellency Salem bin Khaled Al Qassimi, Minister of Culture and Youth, delivered a speech during his participation in the G20 Ministerial Meeting on Culture, held in Varanasi, India, in which he emphasized the importance of continued collaboration among all parties to harness culture and...

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Business & Money | Wednesday 30 August, 2023 2:30 pm

MENA M&A activity in H1 2023 reaches 318 deals valued at US$43.8b

According to the EY MENA M&A Insights H1 2023 update, the MENA region witnessed a total of 318 merger and acquisition (M&A) deals amounting to US$43.8b. The GCC region accounted for the majority of deals – 254, valued at US$42.5b. Compared with H1 2022, deal volume during this period ...

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Business & Money | Wednesday 30 August, 2023 11:11 am

Azizi Developments gears up for handover of 99%-complete Park Avenue I

Azizi Developments, a leading private developer in the UAE, is now in the final stages of construction at its prestigious Park Avenue I project, situated in the highly sought-after MBR City, with it now being 99% complete. Park Avenue is a premium, vibrant and well-connected residential community...

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Environment & Energy | Wednesday 30 August, 2023 10:44 am

NWC invites beneficiaries in parts of Al-Safa and Al-Bawadi districts, Tabuk, to connect to the sewerage system

The National Water Company (NWC), represented by the Northwest Cluster, started accepting requests for connecting households to the sewerage system in parts of Al-Safa and Al-Bawadi districts in Tabuk. This is part of the company's plan to expand the provision of environmental services in the...

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Business & Money | Wednesday 30 August, 2023 10:06 am

Saudi Arabia sees 2.4 mln freelance contracts issued in H1 2023

Saudi Arabia witnessed the issuance of 2.36 million self-employment contracts, 377,800 flexible work contracts, and 115,000 remote employees during the first half of 2023, the Saudi Press Agency (SPA) reported, citing statistics on modern work patterns in the...

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Business & Money | Wednesday 30 August, 2023 9:59 am

SPARK to kick off operations in logistics zone in 2024

King Salman Energy Park (SPARK) announced today that it is set to start operations in its logistics zone in 2024.   The logistics zone was designed to be a fully automated and developed area. It also includes the first and largest dry and private port in the region, in addition to a...

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