Business & Money | Monday 24 June, 2024 10:34 am

Knight Frank: Saudi Arabia’s construction awards hit US$ 142bn

Saudi Arabia is experiencing a significant surge in its construction activities, with the construction output value for the residential, institutional, infrastructure, industrial, energy & utilities and commercial sectors reaching US$ 141.5bn, up by 4.3% compared to last year, according to the...

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Business & Money | Monday 24 June, 2024 10:30 am

Bupa Arabia wins two prestigious awards at the Insuretech 2024 “Golden Shield of Excellence” ceremony

Bupa Arabia for Cooperative Insurance was crowned for its outstanding achievements by winning two awards: "Best Health Insurance Company of 2024" and "Best Insurance Brand" at the 10th edition of the "Golden Shield of Excellence" awards ceremony, which was recently held on the sidelines of the...

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Business & Money | Monday 24 June, 2024 8:52 am

Almarai Signs Agreement with Social Development Bank to Launch "Almarai Chefs" Program

Almarai Company has signed a cooperation agreement with the Social Development Bank to launch the "Almarai Chefs Program" aimed at strengthening and empowering owners of very small cooking projects in the Riyadh region, as part of its support and encouragement for entrepreneurs. The agreement...

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Business & Money | Monday 24 June, 2024 8:38 am

UAE Ministry of Finance launches new transformational projects

The UAE Ministry of Finance today announced the implementation of transformational projects that support the country’s efforts to transition towards the future and enhance its competitiveness, in line with the ‘We the UAE 2031’ vision and the UAE’s efforts to become the global hub for the...

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Business & Money | Monday 24 June, 2024 8:19 am

UAE, Hungary agree on developing economic partnership across various sectors

The fourth session of the joint economic committee (JEC) between the UAE and Hungary was held in the Hungarian capital Budapest recently, chaired by Abdullah bin Touq Al Marri, Minister of Economy, and Peter Szijjártó, Minister of Foreign Affairs of the Republic of Hungary. The meeting was...

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Business & Money | Monday 24 June, 2024 8:11 am

Coastal tourism to contribute SAR 85B to GDP by 2030: SRSA CEO

The coastal tourism sector is witnessing significant growth, said Mohammed Al Nasser, CEO of the Saudi Red Sea Authority (SRSA), expecting its contribution to the local gross domestic product (GDP) estimated to reach about SAR 85 billion by 2030. He told CNBC Arabia that the value of...

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Business & Money | Monday 24 June, 2024 8:03 am

Real estate registration begins in 8 areas of east Riyadh

The Real Estate Registry (RER) announced the beginning of registrations in for more than 51,000 real estate plots, within the 15th region designated by the Real Estate General Authority (REGA). The region includes eight neighborhoods in Riyadh: Jarir, Al-Rabwa, Al-Rayan, Al-Rawabi, Al-Salam,...

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Business & Money | Monday 24 June, 2024 8:02 am

MAWANI, REVIVA ink contract to set up waste recycling complex at Jeddah Port

Saudi Ports Authority (MAWANI) and Global Environmental Management Services (REVIVA), a subsidiary of Saudi Investment Recycling Co. (SIRC), signed today, June 23, a contract to establish a marine and industrial waste recycling complex at the Jeddah Islamic Port. The total investment value is...

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Business & Money | Sunday 23 June, 2024 11:35 am

Unaizah Chamber Organizes "Qassim Real Estate Forum" in July

The Unaizah Chamber of Commerce is excited to announce the upcoming "Qassim Real Estate Forum," scheduled to take place from July 3 to 5, 2024, at the King Fahd Cultural Center. The forum will feature 16 expert speakers across four sessions and nine workshops, offering a comprehensive view of the...

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Business & Money | Sunday 23 June, 2024 10:25 am

EDGE, Thales announce strategic partnership for Radio communications development and manufacturing in UAE

KATIM, an EDGE Group entity and leader in the development of ultra-secure communication solutions, and Thales, will start discussing the co-development of Software Defined Radio technologies in the UAE. A declaration of intent was signed at the international defence and security show,...

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