Business & Money | Sunday 7 August, 2022 7:37 pm

PIF-owned Elm’s stock slips despite 59% profit surge in H1

Shares of Elm Co., a Saudi-based digital security firm, fell on Sunday, despite a 59 percent profit surge in the first half of 2022. The company’s share price was down nearly 3 percent to SR284.8 per share ($75.8) at the closing bell. Its profit soared to SR444 million,...

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Technology & IT | Sunday 7 August, 2022 7:33 pm

The new HUAWEI MateBook X Pro is the Ultimate elegant high-performance flagship laptop, and here are three reasons that prove it!

Current laptop designs are reliable, absolutely, but do they fully match up to the needs of global consumers? Laptops are central to the way we work and, increasingly, to the way we conduct our private lives, yet current offerings fail to take account of the growing appetite for choice and...

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Business & Money | Sunday 7 August, 2022 7:31 pm

Saudi Insurance Committee announces date for sixth edition of Saudi Insurance Symposium

The Saudi General Insurance Committee has announced that the sixth Saudi Insurance Symposium — the largest gathering of Saudi, GCC and Middle East insurance professionals, experts, and companies — will take place from Wednesday 28 to Thursday 29 September 2022. Held under the patronage of...

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Tourism & Hospitality | Sunday 7 August, 2022 7:29 pm

Saudi Airlines Real Estate Development and Aramco sign Memorandum of Understanding to Develop Fuel Service Stations

 Saudi Airlines for Real Estate Development (SARED), the real estate arm of SAUDIA Group, and Aramco have signed a memorandum of understanding to develop fuel service stations in certain locations.  The memorandum of understanding was signed today, at the headquarters of SAUDIA in...

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Business & Money | Sunday 7 August, 2022 7:22 pm

Major Abu Dhabi Conference Offers ‘Opportunity to Reshape World Food System,’ say Attendees

 The World Union of Wholesale Markets (WUWM) Conference 2022, which will be held in the Middle East for the first time in October, offers an important opportunity to reshape global food systems, according to organisers and attendees. The conference will take place at a time when the UN...

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Culture & Education | Saturday 6 August, 2022 5:14 pm

Major fall in global food prices for July, but future supply worries remain

Food prices dropped significantly in July, marking the fourth consecutive monthly decline since hitting record highs earlier in the year in the wake of the developments in Ukraine, the Food and Agricultural Organization (FAO) reported. The UN agency has published its latest eagerly awaited...

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Business & Money | Saturday 6 August, 2022 5:11 pm

Hamdan bin Zayed visits National Aquarium

While visiting the National Aquarium, H.H. Sheikh Hamdan bin Zayed Al Nahyan, Ruler's Representative in Al Dhafra Region and Chairman of the Environment Agency – Abu Dhabi (EAD), was briefed about the efforts to rehabilitate maritime species in Abu Dhabi, in cooperation with the...

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Business & Money | Saturday 6 August, 2022 5:09 pm

Jewel of the Kingdom: Celebrating 5 years of a painstaking restoration plan at Diriyah

The Diriyah Gate Development Authority is celebrating its fifth anniversary. Once complete, the Diriyah restoration project will feature some of the world’s most luxurious restaurants and hotels, built in traditional Najdi architectural style, alongside conservation areas and cultural...

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Tourism & Hospitality | Saturday 6 August, 2022 4:54 pm

Turkish Airlines increases awareness for invisible disabilities with Sunflower Lanyard service

As the most valuable brand of Türkiye, Turkish Airlines continues to improve the travel experience of the passengers with disabilities and limited mobility with the Sunflower Lanyard project. Within the scope of the “Differences Add Value” program, flag carrier contributes to the...

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Business & Money | Saturday 6 August, 2022 4:51 pm

PIF Launches Saudi Egyptian Investments Company (SEIC) to Foster Investment in Egypt

The Public Investment Fund (PIF) today launched the Saudi Egyptian Investments Company (SEIC) to invest in promising sectors throughout Egypt, one of the world’s emerging markets.   SEIC will invest in priority sectors including but not limited to, infrastructure, real estate...

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