Business & Money | Tuesday 14 November, 2023 8:03 am

More than 10 companies get CMA approval for Tadawul listing: Al-Rumaih

More than 10 companies secured the Capital Market Authority’s (CMA) approval to list their shares on the Saudi Exchange (Tadawul), Mohammed Al-Rumaih, CEO of Saudi Tadawul Group, told Asharq TV.   Al-Rumaih said that companies are showing increasing interest, expecting such...

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Business & Money | Monday 13 November, 2023 2:37 pm

25th WETEX and Dubai Solar Show attracts 76 local and global sponsors

Dubai Electricity and Water Authority (DEWA) is organising the Water, Energy, Technology, and Environment Exhibition (WETEX) and Dubai Solar Show (DSS), under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, under the theme ...

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Business & Money | Monday 13 November, 2023 2:27 pm

Al Alamiya for Cooperative Insurance Company renames to Liva Insurance Company

Al Alamiya for Cooperative Insurance Company listed on Saudi Exchange (Tadawul) has announced the launch of its new brand under the Trade Name (Liva) and Change of its Commercial Name from "Al Alamiya for Cooperative Insurance Company" to "Liva Insurance Company". The regulatory and...

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Business & Money | Monday 13 November, 2023 2:25 pm

Dubai Customs’ Director General: Full Readiness for an Exceptional Season during ‘COP28' and Aviation Exhibition

H.E. Ahmed Mahboob Musabih, Director General of Dubai Customs, CEO of Ports, Customs and Free Zone Corporation, has confirmed that Dubai Customs is fully prepared to welcome delegations, participants, and visitors for an extraordinary period during the United Nations Framework Convention on Climate ...

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Business & Money | Monday 13 November, 2023 9:34 am

TAM signs SAR 15 mln credit facility agreement with Bank AlJazira

TAM Development Co. signed on Nov. 12 a Shariah-compliant banking facilities agreement with Bank AlJazira worth SAR 15 million.   The 12-month facility is covered by a promissory note worth 110% of the total value, the company said in a statement on Tadawul.   The...

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Business & Money | Monday 13 November, 2023 9:31 am

Saudi economy to grow in 2024 supported by non-oil activity: PwC ME Chairman

Saudi economy will likely witness growth in 2024, driven by new reforms and diversification efforts that will set the foundation for future development and investments in the Kingdom, Riyadh Al-Najjar, Chairman of PwC Middle East, told Argaam.   He added that non-oil activity,...

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Business & Money | Monday 13 November, 2023 9:22 am

INGENIOUS.BUILD Unveils International Expansion Strategy to Address Growing Market Demand in Saudi Arabia; Riyadh Considered as First Office in Middle East

NASHVILLE, Tenn.--(BUSINESS WIRE/AETOSWire)-- INGENIOUS.BUILD, a leading company focused on innovation and technology, is thrilled to announce its strategic move to expand internationally to meet the rising demand for Development and Construction projects in Saudi Arabia. The expansion will...

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Business & Money | Monday 13 November, 2023 8:53 am

Dubai Customs Processes 994,000 Deposit Claims Worth 6.8 Billion Dirhams, Showing 22% Growth

The requests for deposit claim refunds processed by Dubai Customs have seen a substantial 22% increase in the first nine months of this year compared to the same period last year, totaling 994,000 claims with a value of 6.8 billion dirhams. Yousef Al-Hashimi, (Acting) Executive Director, Customer...

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Business & Money | Sunday 12 November, 2023 10:03 am

GAS signs SAR 50.98 mln deal with Advanced to build gas supply pipeline

Gas Arabian Services Co. (GAS) signed today, Nov. 12, a contract with Advanced Petrochemical Co. to build a pipeline for associated gas supply from the latter to Jubail United Petrochemical Co. (United), an affiliate of Saudi Basic Industries Corp. (SABIC).   The contract is valued...

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Business & Money | Sunday 12 November, 2023 10:00 am

NADEC signs MoU with Del Monte to establish JV

National Agricultural Development Co. (NADEC) signed, on Nov. 9, a memorandum of understanding (MoU) with Del Monte Saudi Arabia Factory Company Ltd. to establish a strategic joint venture (JV) company specializing in fresh products such as fruits, vegetables, fresh juices, potato processing, and...

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