Business & Money | Monday 28 October, 2024 9:25 am

Edarat inks SAR 8.6M cloud service contract with NEOM

Edarat Communication and Information Technology Co. received on Oct. 25 a new purchase order worth SAR 8.63 million for an existing cloud services contract with NEOM to provide Infrastructure as a Service (IaaS) and Platform as a Service (PaaS) worth SAR 8.63 million, including VAT. In a...

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Business & Money | Monday 28 October, 2024 9:21 am

Pan Gulf obtains SAR 135M bank facilities from BSF

Pan Gulf Marketing Co. obtained SAR 135 million worth of Shariah-compliant credit facilities from Banque Saudi Fransi (BSF), according to a statement to Tadawul. The one-year credit facilities were provided with no guarantees in return. Pan Gulf will use the funds to finance working...

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Business & Money | Monday 28 October, 2024 8:56 am

Retal pens SAR 947.6M agreements with NHC

Retal Urban Development Co. signed SAR 947.6 million worth of two agreements with National Housing Co. (NHC) to purchase developed land plots and develop 947 residential units in Al Khozam Suburb in Riyadh City, according to a statement to Tadawul. The contract term will extend for 55 months,...

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Business & Money | Monday 28 October, 2024 8:51 am

Saudia Group Participates in the Eighth Edition of Future Investment Initiative

Saudia Group has announced its participation as the Official Airline Partner of the Eighth Edition of the Future Investment Initiative (FII), taking place in Riyadh from October 29th to 31st, 2024, under the theme "Infinite Horizons: Investing Today, Shaping Tomorrow." This participation...

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Business & Money | Sunday 27 October, 2024 8:57 am

Azizi Developments' Riviera Beachfront reaches 38% construction completion

Azizi Developments, a leading private developer in the UAE, has announced the 38% construction completion of Beachfront in Riviera, Azizi’s French Mediterranean-inspired waterfront lifestyle community, located in the heart of MBR City.  The structural build of Beachfront I has now...

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Business & Money | Saturday 26 October, 2024 8:47 am

ICBA Organizes WACAA Regional Dialogue in Baku to Empower Women for Climate Action in Agriculture

 The International Center for Biosaline Agriculture (ICBA), successfully organized the Regional Strategic Dialogue: Climate Change and Women in Agriculture: Challenges and Opportunities in the Asia and the Caucasus (CAC) region on October 22-23, 2024 at the Iinstitute of Genetic Resources of...

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Business & Money | Saturday 26 October, 2024 8:45 am

EDGE Entity MALATH and ERA RF Technologies Collaborate to Deliver Satellite Communication Capabilities

MALATH, an EDGE Group entity focused on facilitating trade with Turkish companies, has signed a Memorandum of Understanding (MoU) with ERA RF Technologies, Türkiye’s leading provider of advanced communication solutions. Signed by Mr. Ali Demirhan, CEO of MALATH and Mr. Adnan Kaya, CEO of ERA RF...

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Business & Money | Saturday 26 October, 2024 8:44 am

EDGE and Baykar Forge Strategic Partnership at SAHA 2024 to Drive UAS Advancements

EDGE, one of the world’s leading advanced technology and defence groups, and Baykar, Turkiye’s global leader in unmanned aerial vehicle (UAV) and artificial intelligence technology, have signed a Cooperation Agreement at SAHA Expo 2024. Formalised by Hamad Al Marar, Managing Director and CEO of ...

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Business & Money | Saturday 26 October, 2024 8:39 am

Employee benefits gap poses risks to retaining talent as 8 out of 10 GCC employees consider job changes

Employee benefits are becoming a decisive factor in attracting and retaining talent across the GCC, yet a deep divide persists between employer offerings and workforce expectations. According to new research, over 90% of employees across the GCC region rank employee benefits as a key factor in...

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Business & Money | Saturday 26 October, 2024 8:31 am

NUPCO Enhances Private Sector Engagement With New MoUs During its Participation in Global Health Exhibition 2024

The National Unified Procurement Company (NUPCO), Saudi Arabia’s leading procurement and logistics company for healthcare supplies, has successfully concluded its participation as a Foundation Partner in the Global Health Exhibition 2024. Alongside contributing to strategic discussions on the...

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