18 Dhu al-Qi'dah 1445 - 26 May 2024
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Eye of Riyadh

Sipchem resumes ops at 3 plants after maintenance
Business & Money | Sunday 26 May, 2024 11:53 am
Sahara International Petrochemical Co. (Sipchem) resumed operations, on May 25, at three plants affiliated with its subsidiaries, International Vinyl Acetate Co. (IVC), International Acetyl Co. (IAC) and International Gases Co. (IGC) after scheduled maintenance. During the scheduled...
SGS shareholders OK transfer of SAR 520.2M reserve to retained earnings
Business & Money | Sunday 26 May, 2024 11:49 am
Shareholders of Saudi Ground Services Co. (SGS) approved transferring the company’s SAR 520.17 million statutory reserve as of Dec. 31, 2023, to the retained earnings account. They also authorized the board of directors to pay interim dividends on a semi-annual or quarterly basis...
196 significant transactions on ADNOC Drilling shares in ADX worth AED3.4 million
Business & Money | Sunday 26 May, 2024 11:47 am
Abu Dhabi Securities Exchange (ADX) witnessed the execution of 196 significant transactions on ADNOC Drilling shares. According to ADX data, the transactions involved a total of 880 million shares, exceeding a value of AED3.4 million at an execution price of AED3.9. Abu Dhabi National Oil ...
Ajman Department of Finance, Marsa Properties Sign Agreement to Enhance Emirate’s Investment Environment
Government | Sunday 26 May, 2024 11:44 am
The Ajman Department of Finance has finalised a service provision agreement with the independent government company Marsa Properties, allowing it to utilise the services of the ‘Tawreed’ platform within the Ajman government. The collaboration aims to create an attractive investment environment...
AD Ports Group launches Maritime Sustainability Research Centre
Government | Sunday 26 May, 2024 11:41 am
AD Ports Group, a leading facilitator of global trade, logistics and industry, today launched The Maritime Sustainability Research Centre, Abu Dhabi (MSRCAD), a non-profit agency dedicated to joint industry-government academia research, with a focus on sustainability and innovation. The...
UAE tourism sector expected to contribute 12% to GDP in 2024, UN tourism meeting told
Government | Sunday 26 May, 2024 11:38 am
The UAE's tourism sector contributed AED220 billion to the GDP in 2023, accounting for 11.7 percent of the overall economy, This upward trend is expected to continue in 2024, with projections indicating the sector will reach AED236 billion and account for an even greater share of the GDP at 12...
Arab Youth Media Forum: A dynamic platform stimulating creativity among young professionals
Culture & Education | Sunday 26 May, 2024 11:35 am
The Arab Youth Media Forum is a dynamic platform that brings together a selection of the most prominent media industry inspirers to share their experiences and expertise with talented youth, media students, and creative sectors. The Forum provides exceptional opportunities for the participants to...
MBC inks SAR 65.1M TV series production contract
Business & Money | Sunday 26 May, 2024 11:24 am
MBC Group’s wholly owned subsidiary, MBC FZ-LLC, signed a TV series production contract with MedYapim Middle East Audiovisual Media Production Co. at SAR 65.1 million, according to a statement to Tadawul. The contract will start as of the signing date and the series production will end in...
Hassan Allam Construction Saudi Signs Construction Works Contract for the Primary Coral Nursery
Business & Money | Sunday 26 May, 2024 11:18 am
Hassan Allam Construction Saudi, alongside King Abdullah University of Science and Technology, is proud to announce the signing of the construction works contract for the Primary Coral Nursery within KAUST Coral Restoration Initiative, the world’s largest coral reef restoration effort in...
HONOR Announces the Pre-order of the HONOR 200 Lite with AI Experience
Technology & IT | Sunday 26 May, 2024 10:44 am
Global technology brand HONOR announced the pre-order of the brand-new HONOR 200 Lite.  This versatile smartphone is designed to deliver a revolutionary AI Experience and cater to the diverse needs and desires of smartphone users, offering a combination of excellent 108MP & 50MP Spotlight...