23 Jumada I 1446 - 24 November 2024
    
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Eye of Riyadh

Masdar, Sarawak Energy and Gentari to Assess Large-Scale Floating Solar Project in Malaysia
Business & Money | Thursday 7 November, 2024 9:23 am
Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy powerhouse, has signed a Joint Study Agreement with Malaysia’s Sarawak Energy and clean energy solutions provider, Gentari, to assess the feasibility of a floating solar power plant at the reservoir of Murum Hydroelectric...
Culture is Saudi Arabia’s new commodity and creativity its new currency
Business & Money | Thursday 7 November, 2024 9:21 am
The second edition of Athar - Saudi Festival of Creativity, the Kingdom's largest gathering of the creative marketing industry, kicked off today in Riyadh with over 1600 international and local industry leaders, experts, and young Saudi talent in attendance. Day one of the festival featured over 80 ...
Redefining Customer Engagement with AI: WebEngage Partners with Sobha Realty
Business & Money | Wednesday 6 November, 2024 1:10 pm
In an industry-first move, Sobha Realty, a leading developer of luxury real estate across the Middle East and India, has joined forces with WebEngage, an industry leader in marketing automation, to revolutionize customer engagement through AI and data-driven insights. This collaboration will...
Red Sea subsidiary secures SAR 280M finance from SNB
Business & Money | Wednesday 6 November, 2024 10:09 am
Red Sea International Co. (RSI) said that its subsidiary, Fundamental Installation for Electric Work Co. Ltd. (First Fix), signed an Islamic funding and banking services agreement with Saudi National Bank (SNB) to secure SAR 280 million worth of credit facilities. In a statement to...
Lana purchases Kian Plastic factory for manufacturing plastic medical supplies
Business & Money | Wednesday 6 November, 2024 10:05 am
Lana Medical Co. signed a contract today, Nov. 5, to purchase Kian Plastic Factory in preparation for its conversion to the manufacture of plastic medical products. The total investment amounts to SAR 5 million, which includes SAR 3.1 million for the purchase of the factory and SAR 1.9 million ...
alrajhi bank Earns Top Honors in Social Responsibility and Secures Three Prestigious Awards
Business & Money | Wednesday 6 November, 2024 10:02 am
alrajhi bank has been awarded first place in social responsibility by the Ministry of Human Resources and Social Development in its inaugural Social Responsibility Awards, recognizing the bank’s impactful contributions to community welfare. The bank achieved first place in the Gold Category...
Alhokair Group OKs rebranding to Baan Holding
Business & Money | Wednesday 6 November, 2024 9:57 am
Shareholders of Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) approved on Nov. 5 rebranding to Baan Holding Group Co. The shareholders also approved amending Article 2 of the company’s bylaws during the extraordinary general meeting (EGM), according to a statement...
World Free Zones Organization Announces China as Host for its Annual World Congress in 2025
Business & Money | Wednesday 6 November, 2024 9:51 am
The World Free Zones Organization (World FZO) has announced that China will host the 11th annual World FZO World Congress in Hainan Province next year. This announcement was made during the World FZO's participation in the International Forum on China Reform, as part of an official visit led...
KETURAH COMPLETES INFRASTRUCTURE WORKS FOR ‘THE RITZ-CARLTON RESIDENCES, DUBAI, CREEKSIDE’, STARTS CONSTRUCTION OF MANSIONS & RESIDENCES
Business & Money | Wednesday 6 November, 2024 9:48 am
Keturah, the revolutionary global luxury wellbeing real estate and hospitality concept has announced key construction milestones with the completion of shoring, piling, excavation and infrastructure works at The Ritz-Carlton Residences, Dubai, Creekside. The project’s main contractor, CECEP...
ewpartners Announces $50 Million Strategic Investment in Leshines to Localize Manufacturing in the Middle East
Business & Money | Wednesday 6 November, 2024 9:45 am
ewpartners (formerly eWTP Arabia Capital), the first international investment firm to establish a Saudi-Asia cross border platform, has announced a USD $50 million investment in Leshines, the supply chain solutions arm of Chinese multinational tech company Lenovo at The Future Investment Initiative ...
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