Raoom Trading Co. said it signed a deal on Dec. 28 to acquire an existing industrial operating asset in Hail Industrial City for SAR 15 million. The asset includes a glass factory along with its operational facilities and fixed assets, the company said in a statement to...
The Ports, Customs and Free Zone Corporation (PCFC) has achieved a new global milestone by winning two Gold Stevie® Awards in the fields of sustainability and leadership, reaffirming its institutional excellence and global standing. This recognition comes in acknowledgment of the success of...
Dubai Customs has cemented its global position in the field of workplace development, receiving the "Best Workplace" certification from the Great Place to Work institution for the sixth consecutive year, an achievement that confirms the sustainability of its institutional approach to empowering...
Saudi Arabia’s Real Estate General Authority (REGA) referred developers of 14 real estate projects to the Public Prosecution after detecting violations, including engaging in off-plan sales and collecting funds from beneficiaries without obtaining the required licenses. The violations were...
Alamar Foods Co. signed today, Dec. 28, signed a Shariah-compliant credit facility worth SAR 30 million with Saudi Awwal Bank (SAB), the company said in a statement to Tadawul. The one-year facility aims to support the company’s financing needs and enhance the efficiency of its liquidity...
ACWA Power Co. signed, on Dec. 27, a public-private partnership (PPP) agreement, along with several related agreements, to develop the first large-scale seawater reverse osmosis (SWRO) desalination plant in the Caspian Sea in Azerbaijan, valued at approximately SAR 1.5 billion ($400...
Umm Al Qura for Development and Construction Co., the owner, developer and operator of Masar Destination, sold two land plots within Masar for SAR 228.4 million, excluding any associated taxes and fees which are borne by the buyer. ...
The Social Development Bank (SDB) concluded the second edition of the Entrepreneurship and Modern Business Practices Forum, “DeveGo 2025”, announcing the achievement of high-impact outcomes that further reinforced the forum’s position as the largest national platform in the region...
The Social Development Bank (SDB) concluded the second edition of the Entrepreneurship and Modern Business Practices Forum, “DeveGo 2025”, announcing the achievement of high-impact outcomes that further reinforced the forum’s position as the largest national platform in the region...
ADQ, an active sovereign investor focused on critical infrastructure and global supply chains, on Wednesday announced the successful closing of its debut five-year, US$5 billion syndicated term financing deal in the Greater China region.Due to strong demand from financial institutions in China, the ...
