Business & Money | Friday 19 January, 2024 3:32 am

solutions renews credit facilities deal worth SAR 1.5B with SNB

Arabian Internet and Communications Services Co. (solutions) renewed a Shariah-compliant credit facilities agreement with the Saudi National Bank (SNB) and extended the short-term credit facilities limit.   In a filing to Tadawul today, Jan. 18, the company said the facilities...

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Business & Money | Friday 19 January, 2024 3:24 am

SASCO signs investment contracts with SPGA for fuel station

Saudi Automotive Services Co. (SASCO) announced today, Jan. 18, that it has signed three investment contracts for fuel station sites in the Eastern Region with the State Properties General Authority (SPGA). The first station, located on the Dammam-Abu Hadriyah Road, will be 40,000 square...

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Business & Money | Friday 19 January, 2024 3:23 am

Saudi non-oil GDP seen to grow 5% in 2024: Minister

Saudi Arabia’s non-oil economy is projected to grow between 4.5% and 5% this year, Faisal Alibrahim, Minister of Economy and Planning, said during a discussion at the World Economic Forum (WEF) in Davos.     He also expected that the tourism sector will...

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Business & Money | Friday 19 January, 2024 3:22 am

Private sector provides 800,000 jobs in 2023: Al-Jadaan

Saudi Arabia aims to tap local and international debt markets, Minister of Finance Mohammed Al-Jadaan, told CNBC in Davos, adding that it is not in a dire need for borrowing.   As the debt market helps obtain loans at reasonable interest, the Kingdom will tap these opportunities ...

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Business & Money | Thursday 18 January, 2024 9:00 pm

Insurance sector in Dubai is keeping pace with market developments and government plans in line with the Dubai Economic Agenda (D33)

ANIB, a leading insurance brokerage with a commitment to excellence, innovation, and customer centricity, today announced that it is expanding and enhancing its portfolio of personalized medical insurance offerings. The move comes in recognition of the evolving healthcare needs of the dynamic and...

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Business & Money | Thursday 18 January, 2024 10:20 am

WEBENGAGE LEADS THE WAY IN DATA RESIDENCY IN Saudi Arabic, empowering HEIGHTENED SECURITY AND COMPLIANCE

Responses by Raahul Seshadri, Director - Engineering at WebEngage 1. What inspired WebEngage to create data residency in Saudi? And how does it relate to WebEngage’s regional aspirations?   Data Residency is a major policy being implemented by global economies in the interest...

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Business & Money | Thursday 18 January, 2024 1:55 am

The Digital Cooperation Organization Launches the Digital Economy Trends 2024 Report

The Digital Cooperation Organization (DCO), a global multilateral organization committed to enabling digital prosperity for all by accelerating the inclusive growth of the digital economy, has unveiled its inaugural Digital Economy Trends report, aiming to provide an outlook on key digital...

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Business & Money | Thursday 18 January, 2024 1:25 am

e& takes the lead in Brand Finance global brand ranking across categories

With the successful transformation of e& to a technology group, e& has flourished into a leader of Middle Eastern and African (MEA) brands. The 2024 Brand Finance Global 500 Report unveiled at the World Economic Forum (WEF) in Davos today confirmed e& as MEA’s Fastest Growing...

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Business & Money | Thursday 18 January, 2024 1:10 am

Taiba Investments Takes Center Stage in the Hajj and Umrah Conference and Exhibition 2024,

Taiba Investments actively participated in the third edition of the Hajj and Umrah Conference and Exhibition 2024, organized by the Ministry of Hajj and Umrah at the Superdome in Jeddah from January 8 to 11, 2024, under the gracious patronage of the Custodian of the Two Holy Mosques, King Salman...

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Business & Money | Thursday 18 January, 2024 1:07 am

H.H. Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum opens the 25-year milestone edition of Intersec 2024

Intersec 2024, the world's leading trade fair for safety, security, and fire protection, was officially opened today by His Highness Sheikh Mansoor bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Ports and Border Security Council. Marking its 25th anniversary, Intersec 2024 will take...

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