REDTAG, the Middle East’s leading value-fashion and homeware brand, has launched its annual, much-anticipated Back to School Collection. Under the theme “Let’s Play”, REDTAG has infused a sense of optimism to school return in the new academic year by launching purpose-designed apparel,...
Arabian Drilling Co. (ADC) announced the signing of long-term contracts for ten onshore drilling rigs with Saudi Aramco, with a total value of contracts exceeding SAR 3 billion (not including VAT). The company stated in a statement on Tadawul that the contract period is five years...
Using artificial intelligence techniques, the NEOM McLaren Electric Racing team has released the world's first car sticker designed for chassis of race vehicles, which was set to be posted on racing cars at the world championships organized by the International Automobile Federation (FIA), it was...
Saudi Arabia’s real gross domestic product (GDP) rose 1.1% year-on-year (YoY) in the second quarter of 2023, data issued by the General Authority for Statistics (GASTAT) showed. Accordingly, the real GDP maintained its growth for the ninth straight...
The Federal Judicial Council, chaired by Abdullah Sultan bin Awad Al Nuaimi, Chairman of the Council, has approved the UAE Attorney General's proposal to establish federal prosecution entities specialised in economic crimes and money laundering. The step aims to develop the UAE's judicial system to ...
The General Pension and Social Security Authority (GPSSA) has launched a unified campaign in collaboration with pension and social security authorities across the GCC region. The primary objective of this campaign, as explained by Dr. Maysa Rashed Ghadeer, Government Communications Director at ...
stc today announced the company’s preliminary financial results for the period ending at 30 June 2023. The revenues for the first half of 2023 reached SAR 36,506m with an increase of 8.17% as compared to the comparable period last year.The Gross Profit for the first half of 2023 reached to SAR...
In pursuit of Saudi Arabia's 2030 Vision which puts sustainability as one of its pillars in elevating the Kingdom's future, the Communications, Space and Technology Commission (CST) has published the second edition of the "ICT and Space Sustainability in Saudi Arabia" report, in collaboration with...
The Saudi Central Bank (SAMA) approved the Insurtech Rules, following the end of the deadline for public consultation on the draft rules through “Istitlaa” platform of the National Competitiveness Center (NCC). In a statement, the central bank explained that this step came as...
The World Free Zones Organisation (World FZO) signed an agreement with the Adriatica Special Economic Zone, appointing Bari as the host city for the 10th edition of the Annual International Conference and Exhibition (AICE), taking place from 19th-21st June, 2024.The conference will run alongside...