BinDawood Holding Co. signed a share purchase agreement on Dec. 23 to acquire a 51% stake in UAE-based Wonder Bakery LLC for AED 96.9 million, according to a statement to Tadawul. The acquisition value will be subject to certain adjustments in accordance with the terms of the agreement, which...
Mohammed Hadi Al Rasheed and Partners Co. signed today, Dec. 24, a contract with National Energy Services Reunited Corp. (NESR) to supply high-quality silica sand, a key component used in non-conventional gas extraction operations at the Jafurah field. In a statement to Tadawul, the company...
OSON, a fast-growing international fintech holding, is strengthening its regional presence from the Dubai International Financial Centre (DIFC) as it works to connect the booming markets of Central Asia with the GCC through a seamless digital financial corridor.With 2.8 million users, a strong...
The Social Development Bank (SDB) announced the signing of 51 agreements covering the establishment of financing portfolios, as well as local and international cooperation partnerships on the sidelines of the "Entrepreneurship and Modern Business Practices Forum, ‘DeveGO25’. This milestone...
Abu Dhabi Future Energy Company PJSC – Masdar has announced its first project in Malaysia, with the signing of a power purchase agreement (PPA) to develop a 200-megawatt (MW) floating solar photovoltaic (PV) project at the Chereh Dam in Pahang State. The project will be developed by a...
Dubai continues to consolidate its position as one of the world’s most advanced cities in urban planning, guided by a comprehensive vision that extends beyond constructing skyscrapers to encompass smart infrastructure designed to support growth efficiently and sustainably. As vertical expansion...
The Sharjah Economic Development Department hosted a "Future Partners" event at the Sharjah Holy Quran Academy. The session aimed to create chances for collaboration and build new partnerships among investors in the commercial and industrial sectors. The event provided a welcoming space...
IHC Tuesday announced that it has successfully acquired a 70% stake in Peko Holdings Limited, a technology-driven company delivering an integrated digital platform designed to simplify and automate core business operations. Peko is an all-in-one digital platform purpose-built to help...
Red Sea International Co. signed today, Dec. 23, a contract with Webuild S.p.A. to provide integrated facilities management services (operations and maintenance) for the Trojena project (NEOM), valued at SAR 202.8 million, excluding value-added tax (VAT). In a statement to Tadawul, the company ...
Saudi Arabia’s Cabinet affirmed, in a session held today, Dec. 23, chaired by King Salman bin Abdulaziz, that the high-speed electric railway project linking the Kingdom and Qatar will support mobility and enhance tourism and economic activity. The Cabinet said the project will become one of ...
