18 Ramadan 1445 - 28 March 2024
    
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Eye of Riyadh

HRSD seeks feedback on amendments to draft law of criminalizing irregular labor practices
Government | Saturday 23 March, 2024 6:39 am
The Ministry of Human Resources and Social Development (HRSD) invited the public and those interested to express their opinions on the draft law of criminalizing irregular practices that negatively affect the labor market.   The ministry seeks the public's proposals for articles to...
SAL signs deal with Taiba Airports to develop new air cargo terminal
Business & Money | Saturday 23 March, 2024 6:30 am
SAL Saudi Logistics Services Co. and Taiba Airports signed on March 21 a 16-year agreement to establish a new air cargo terminal at Prince Mohammad Bin Abdulaziz International Airport in Madinah.  The deal aims to boost the air cargo capacity at the airport and ensure the provision of...
Bonyan REIT inks SAR 500M credit facility deal with Alinma Bank
Business & Money | Friday 22 March, 2024 7:43 am
Bonyan REIT Fund inked a Shariah-compliant credit facility deal worth SAR 500 million with Alinma Bank, fund manager Saudi Fransi Capital said in a statement to Tadawul.   The agreement runs for seven years, with margins paid quarterly, beginning with a cash withdrawal for...
The Arab Energy Fund posts highest net income on record for second straight year
Environment & Energy | Friday 22 March, 2024 1:53 am
The Arab Energy Fund (formerly APICORP), a multilateral impact financial institution focused on the energy sector, announced today its financial results for the period ended December 31, 2023.   In a statement to Argaam, the results showed that the fund achieved its highest ever net...
“Huawei Saudi” and Digital Government Authority (DGA) Announce  Cooperation to Enhance Saudi Government App Experience
Technology & IT | Friday 22 March, 2024 1:52 am
Huawei Saudi Arabia and the Digital Government Authority (DGA) of Saudi Arabia announced a significant collaboration in the digital transformation and emerging technologies, to enhance the accessibility, elevate the digital content and user experience of government applications on Huawei devices in ...
Al Yamuna Densons invests AED 35 million in its facility expansion in Ras Al Khaimah
Business & Money | Friday 22 March, 2024 1:50 am
A leading Indian manufacturer of power cable joining kits, Al Yamuna Densons is expanding its facility in Ras Al Khaimah with an investment of AED 35 million to boost its regional operations. The construction in the Al Hamra Industrial Zone is set to be completed by May, taking the total area to...
Azizi Developments’ Amber in Al Furjan reaches 76% construction completion
Business & Money | Friday 22 March, 2024 1:48 am
Azizi Developments, a leading private developer in the UAE, has announced the 76% construction completion of Amber, its premium condominium project in Dubai’s highly acclaimed growth corridor, Al Furjan.  Comprising a mix of studios, one-, two- and three-bedroom residences, Amber is due for...
Business & Money | Friday 22 March, 2024 1:46 am
Under the patronage of H.E. Sultan Ahmed bin Sulayem, Chairman of the Ports, Customs and Free Zone Corporation (PCFC), the Corporation hosted the annual Ramadan gathering at the suhoor table on the Queen Elizabeth II (QE2) ship in Dubai. This initiative reflects the...
Saudia Technic and flyadeal Secure Major Maintenance Contract at MRO Middle East Conference in Dubai
Business & Money | Friday 22 March, 2024 1:41 am
At the prestigious Dubai MRO Middle East 2024 Conference, Saudia Technic is proud to announce that flyadeal has awarded it a significant contract for the completion of 10 C checks on its Airbus A320neo fleet throughout 2024. This achievement underscores Saudia...
eWTP Arabia Capital Portfolio Companies Strengthen Saudi Presence and Partnerships at LEAP 2024
Business & Money | Friday 22 March, 2024 12:06 am
eWTP Arabia Capital (eWTPA), a growth-stage investor headquartered in Riyadh and Asia Tech Partner of LEAP 2024, showcased its commitment to fostering innovation and partnership building at the recent event. Leveraging its position, eWTPA facilitated significant collaborations with the Saudi...
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