Business & Money | Wednesday 20 November, 2024 10:14 am

Cisco Reveals Top Cybersecurity Threats Trends ahead of Black Hat MEA in Saudi Arabia Identity-Based Attacks Surge; Ransomware Threats Persist in the Third Quarter of 2024

Ahead of Black Hat MEA in Riyadh from 26-28 November 2024, Cisco, the worldwide leader in networking and security, released insights into key cybersecurity trends that emerged between July and September 2024. The findings are based on analysis from Cisco Talos, one of the most trusted threat...

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Business & Money | Wednesday 20 November, 2024 10:11 am

Azizi Developments enhances IT infrastructure with major tech initiatives

Azizi Developments, a leading private developer in the UAE, continues to lead with innovative technology solutions, announcing the implementation of several high-impact tools across its diverse lines of business. Its comprehensive, multi-phase digital transformation reflects the developer’s...

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Business & Money | Tuesday 19 November, 2024 12:10 pm

Himel Aims to Power Ambitions in Saudi Arabia: Accelerating Electrical Infrastructure Development

Himel, a multinational leader in electrical products, is making significant strides in the Kingdom of Saudi Arabia (KSA) as it expands its presence across the Middle East. With 15 years of international operations, Himel has established itself as a frontrunner in delivering value-engineered...

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Business & Money | Tuesday 19 November, 2024 10:27 am

Modon Holding, Hassan Allam Holding develop collaboration in Ras El Hekma

Modon Holding has announced a strategic partnership with Hassan Allam Holding to explore collaboration in Egypt's Ras El Hekma project. The Memorandum of Understanding aims to enhance cooperation in the construction sector, including infrastructure, energy, and water and wastewater treatment...

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Business & Money | Tuesday 19 November, 2024 10:24 am

MBC Group’s subsidiary signs SAR 52.9M production services contract

MBC Group’s wholly owned subsidiary, MBC Studios Projects Saudi Arabia Ltd., signed today, Nov. 18, a production services contract with Sadaf for Audio and Visual Production Co. Ltd., a related party, to produce a television series worth $14.12 million (SAR 52.94 million). In a statement to...

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Business & Money | Tuesday 19 November, 2024 10:21 am

Bank AlJazira signs 2 contracts worth SAR 58.2M with AlJazira Takaful

Bank AlJazira signed two contracts with AlJazira Takaful Taawuni Co. for group credit insurance plans for its personal and mortgage portfolios valued at SAR 58.17 million. The first contract is valued at SAR 21.18 million, while the second is worth SAR 36.99 million, the bank...

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Business & Money | Tuesday 19 November, 2024 10:18 am

NHC launches 11 projects in Riyadh

National Housing Co. (NHC) launched 11 new projects in Khuzam destination, north of Riyadh, featuring more than 10,000 residential units.In a statement, the company said the new projects include Khuzam Park Residence, with areas of up to 379 square meters (sq m) per unit, Tala Khuzam (up to 430 sq...

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Business & Money | Tuesday 19 November, 2024 10:16 am

Alinma Retail REIT signs deal to purchase office property in Riyadh for SAR 380M

Alinma Investment Company, in its capacity as fund manager of Alinma Retail REIT Fund, announced signing an agreement, on Nov. 17, to purchase an office property in Riyadh for a price of SAR 380 million (Excluding real estate transaction tax), and the deal is doesn’t include brokerage...

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Business & Money | Tuesday 19 November, 2024 10:13 am

Deloitte Middle East Partners gather at the Dubai Opera for their Annual Partner Meeting

Deloitte Middle East held its Annual Partners Meeting at the Dubai Opera, hosted by Deloitte Middle East CEO, Mutasem Dajani, and attended by Deloitte partners from across the region. The meeting’s theme was “Frontiers” and focused on the ongoing transformation that the Middle East is...

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Business & Money | Tuesday 19 November, 2024 10:10 am

TAQA, JERA and Al Bawani Consortium to Develop Two New Highly Efficient Power Plants in the Kingdom of Saudi Arabia

Abu Dhabi National Energy Company PJSC (“TAQA”), one of the largest listed integrated utility companies in Europe, the Middle East and Africa, together with JERA Co., Inc (“JERA”), Japan’s largest power generation company and Al Bawani Capital (“AlBawani”), a subsidiary of AlBawani...

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