Business & Money | Sunday 14 April, 2024 11:09 am

ADES wins SAR 350M contract from TotalEnergies for jack-up rig in Qatar

ADES Holding Co. received a letter of award for a project worth SAR 350 million from TotalEnergies Co. to operate a jack-up rig in Qatar, including the mandatory and optional extension periods. The contract includes a firm one-year term and three optional...

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Business & Money | Sunday 14 April, 2024 10:21 am

Equipment House, Health Ministry sign SAR 180.3M contract

Scientific & Medical Equipment House Co. (Equipment House) signed, on April 4, a contract worth SAR 180.3 million (including value-added tax) with the Ministry of Health, to provide cooked nutrition services for King Fahd Heart Center, Uhud Hospital and Miqat General Hospital in...

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Business & Money | Sunday 14 April, 2024 10:19 am

Knowledge City signs 2 contracts worth SAR 288.6M for Al-Alya project

Knowledge Economic City Co. signed, on April 4, two contracts with ElKhereiji Commerce & Contracting Co. at a total value of SAR 288.63 million (Excluding VAT).   In two separate statements on Tadawul, the company said that the first contract is for implementing all contracting...

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Business & Money | Sunday 14 April, 2024 10:15 am

National Learning signs SAR 87M lease contract for educational complex in Riyadh

National Company for Learning and Education (NCLE) signed, on April 7, a lease contract with Hayat Al-Nasser, Muhammad Al-Quwaifli, and Abdulaziz Al-Aiban, for the operation of an educational complex building in Riyadh.   In a statement to Tadawul, the company pointed out that...

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Business & Money | Sunday 14 April, 2024 10:12 am

SGS renews ground-handling contract with Flynas for SAR 2B

Saudi Ground Services Co. (SGS) renewed its contract with Flynas by signing an agreement at an expected value of SAR 2 billion, on April 13. The contract duration is five years starting from Jan. 1, 2024, SGS said in a statement to Tadawul. Under the contract, SGS will provide...

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Business & Money | Sunday 14 April, 2024 9:53 am

Saudi Cable names Sabri Alghamdi as Chairman, Walid AlShuwaier Vice Chairman

Saudi Cable Co.'s board of directors decided on April 7 to appoint Sabri Alghamdi as Chairman and Walid AlShuwaier as Vice Chairman for the next three-year term starting April 4, 2024, according to a Tadawul statement.  The board also formed the nomination and remuneration committee,...

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Business & Money | Sunday 14 April, 2024 9:52 am

Supreme Council of Energy launches Dubai Demand Side Management Recognition Programme

The Dubai Supreme Council of Energy has launched the Dubai Demand Side Management Recognition Programme, a unique platform to recognise and honour the exemplary efforts of organisations and individuals who contribute to enhancing the future of Dubai through responsible practices in energy and water ...

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Business & Money | Sunday 14 April, 2024 2:01 am

Saudi Arabia imposes anti-dumping duties on 7 imports from 10 countries: Report

Saudi Arabia imposed anti-dumping duties on seven products imported from 10 European and Asian countries, six of which are subject to the unified GCC law to protect the industry from the damage caused by dumped and subsidized imports, Al-Eqtisadiah newspaper reported. The products included all ...

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Business & Money | Saturday 13 April, 2024 8:20 am

DIRIYAH COMPANY TO INTRODUCE VISIONARY RETAIL HUB - DIRIYAH SQUARE - AT WORLD RETAIL CONGRESS IN PARIS

Diriyah Company will introduce its new visionary and lifestyle destination – Diriyah Square – to global industry leaders participating at the World Retail Congress in Paris from 16-18 April. Located on the outskirts of the Saudi capital, Riyadh, the new retail hub will host over 400 new retail...

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Business & Money | Saturday 13 April, 2024 8:14 am

Action-packed night guaranteed in Abu Dhabi as UFC® 308 confirmed for October 26

UFC, the world’s premier mixed martial arts organisation, and the Department of Culture and Tourism – Abu Dhabi (DCT Abu Dhabi), today announced UFC’s much anticipated next championship event in Abu Dhabi on Saturday, 26 October at the Etihad Arena. For UFC® 308, fan favourite Abu Dhabi ...

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