Business & Money | Wednesday 26 June, 2024 9:17 am

CMCER, Johns Hopkins Aramco Healthcare sign SAR 16.5M contract

7Canadian Medical Center Co. (CMCER) signed a contract with Johns Hopkins Aramco Healthcare (JHAH) to operate nine medical clinics, worth SAR 16.5 million. The company said in a statement on Tadawul that the 24-month contract was awarded and signed on June 20. The contract is...

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Business & Money | Wednesday 26 June, 2024 9:14 am

Musharaka Capital liquidates Majediah Real Estate Fund I, achieving returns of 56%

In a new exceptional milestone, Musharaka Capital announced the termination and liquidation of the Majediah Real Estate Fund I, which includes two projects: Majediah 122, located in King Salman district, neighborhood, and Majediah 134 located in the Al-Izdihar district, Riyadh, With [GA1] a...

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Business & Money | Wednesday 26 June, 2024 9:12 am

Saudi Arabia is halfway through achieving Vision 2030: Minister

Minister of Economy and Planning Faisal Al-Ibrahim said Saudi Arabia managed to achieve the fastest economic growth rate of 8.7% in 2022, with non-oil activity growing by 5.6% and is still going strong for constituting 51% of the Kingdom’s real GDP, the Saudi Press Agency reported. "The...

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Business & Money | Wednesday 26 June, 2024 9:07 am

EY MENA to locate its new regional headquarters in KAFD

The new EY MENA regional headquarters for the Middle East and North Africa (MENA) region will be located at the King Abdullah Financial District (KAFD) in Riyadh, Saudi Arabia (KSA), opening later this year. In line with EY’s people-centered approach to transformation, the new facility is...

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Business & Money | Wednesday 26 June, 2024 9:01 am

Azizi Developments, Kludi GmbH & Co. extend multiple projects partnership

 Azizi Developments, a leading private developer in the UAE, has renewed its partnership with Kludi GmbH & Co. The German firm will now supply various projects in MBR City, Dubai Studio City, and Dubai Sports City with brassware and accessories for its apartments and bathrooms. Kludi...

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Business & Money | Wednesday 26 June, 2024 8:00 am

What Is Forex Trading and How It Can Benefit Your Investment

  Foreign exchange trading, commonly called Forex trading involves the exchange of currencies, on a scale. With a trading volume exceeding $6 trillion Forex trading is one of the biggest markets in the world. Unlike the stock market, which operates in set hours and closes with you leaving ...

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Business & Money | Tuesday 25 June, 2024 10:22 am

Care pens contract with PSMMC

National Medical Care Co. signed a contract to provide services for long-stay patients with the Prince Sultan Military Medical City (PSMMC), following the completion of all regulatory requirements. The contract will be implemented starting from the date of signing, according to a Tadawul...

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Business & Money | Tuesday 25 June, 2024 8:40 am

Ajman to launch building classification starting 1st July

The Department of Land and Real Estate Regulation in Ajman will launch the building classification process in the emirate starting July 1st, 2024. The process will continue for three months and will be carried out by a team of specialised and qualified professionals. This will closely examine...

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Business & Money | Tuesday 25 June, 2024 8:38 am

Sharjah Chamber concludes participation in Sri Lanka International Industry Expo 2024

The Sharjah Chamber of Commerce and Industry (SCCI) has successfully wrapped up its participation in the International Industry Expo 2024, held in Colombo, Sri Lanka, from 19th to 23rd June. The exhibition featured 25 industry sectors and over 1,000 exhibitors, covering an extensive products...

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Business & Money | Tuesday 25 June, 2024 8:28 am

Siemens secures $1.5B contract to develop 2 power plants in Saudi Arabia

Germany’s Siemens Energy AG said it secured a 25-year contract from Saudi Arabia to develop two power plants, with a total value of $1.5 billion. Siemens Energy will build the Taiba 2 and Qassim 2 power plants. These will be among the largest and most efficient globally, located in the...

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