Business & Money | Sunday 24 November, 2024 10:18 am

MARAFIQ inks deals with SNB, BSF, SAB to reschedule SAR 5.9B loans

Power and Water Utility Company for Jubail and Yanbu (MARAFIQ) signed today, Nov. 24, bilateral agreements to reschedule its existing Islamic loans worth SAR 5.9 billion with Banque Saudi Fransi (BSF), Saudi Awwal Bank (SAB), and Saudi National Bank (SNB). In a Tadawul statement, MARAFIQ said...

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Business & Money | Sunday 24 November, 2024 10:15 am

Fakeeh Care renews SAR 750M credit facility deal with ANB

Dr. Soliman Abdel Kader Fakeeh Hospital Co. (Fakeeh Care) signed a renewal of a SAR 750 million Shariah-compliant credit facility at competitive terms and conditions with Arab National Bank (ANB). In a statement to Tadawul, the company said that the mainly long-term facility will be available...

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Business & Money | Sunday 24 November, 2024 10:13 am

Saudia Receives ‘Best Airline Cabin Crew’ at Business Traveler U.S. Awards 2024

 Saudia, the national flag carrier of Saudi Arabia, has announced that it has been awarded the prestigious Editorial Award for ‘Best Airline Cabin Crew’ at the Business Traveler U.S. Awards 2024, held in Miami, USA. This is the first time this award is being given, making the recognition...

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Business & Money | Sunday 24 November, 2024 10:11 am

MAG GROUP HOLDING REAL ESTATE PORTFOLIO REACHES AED 43.7 BILLION

MAG Group Holding, the multinational conglomerate incorporating different companies serving diverse sectors, announced its portfolio of current and under development projects across its different real estate subsidiaries has reached      AED 43.7 billion.  MAG Group...

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Business & Money | Sunday 24 November, 2024 10:05 am

RAKEZ to showcase business solutions for sustainable automotive investors at London EV Show

 Ras Al Khaimah Economic Zone (RAKEZ) announced its participation in the prestigious London EV Show, taking place at ExCeL London from 26 to 28 November 2024. As a premier global platform for electric vehicle (EV) innovation, the event will spotlight cutting-edge advancements across the EV...

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Business & Money | Sunday 24 November, 2024 10:01 am

National Water’s Buraidah Oasis earns its first water footprint worldly and first carbon footprint in MENA and EU becoming a reservoir to absorb “emissions”

In a regional achievement, Buraidah Oasis has recorded the first internationally accredited water footprint in the world and the first internationally accredited carbon footprint in the Middle East and Europe, and. This comes as the project nears the end of its first year since the National Water...

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Business & Money | Sunday 24 November, 2024 9:58 am

ATM research reveals more must be done to meet UN tourism-related sustainability goals

An exclusive whitepaper produced for Arabian Travel Market (ATM) by Digital Tourism Think Tank (DTTT) has highlighted that only 15% of UN Sustainable Development Goals (SDGs) related to tourism are on track to be achieved by 2030 according to the body, underscoring the need for more action to be...

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Business & Money | Sunday 24 November, 2024 9:55 am

Azizi Developments and Megalux collaborate to enhance outdoor aesthetics across major Dubai developments

Azizi Developments, a leading private developer in the UAE, has announced its collaboration with Megalux, a prominent UAE-based outdoor and street furniture manufacturer. This partnership will see the integration of tailored benches, designer litter bins and more within several of Azizi’s key...

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Business & Money | Sunday 24 November, 2024 9:49 am

Tatweer Signs an MOU with ROSHN Group to Expand Collaboration in Development Projects in Mecca during Cityscape 2024

In a strategic step toward enhancing integrated urban development in Saudi Arabia, Tatweer, a leading real estate development company, announced the signing of a Memorandum of Understanding (MoU) with Roshn Group during the Cityscape Global Expo 2024 in Riyadh. This partnership aims to expand...

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Business & Money | Sunday 24 November, 2024 9:41 am

PwC Middle East to acquire Saudi consultancy Emkan Education to further invest in the region's education and skills transformation

 PwC Middle East has signed a definitive agreement to acquire Emkan Education, a Saudi consultancy specialising in education and skills development advisory services. A formal ceremony was conducted at the Ministry of Investment in the presence of His Excellency Eng. Khalid A. Al-Falih,...

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