Business & Money | Wednesday 20 September, 2023 9:07 am

NDMC closes September issuance of Sukuk program at SAR 2.45 bln

The National Debt Management Center (NDMC) completed receiving investor orders for its domestic issuance for September 2023, under the Saudi Arabian Government SAR-denominated Sukuk Program. The issuance size was set at nearly SAR 2.45 billion, while total bids amounted to SAR 8.76 billion,...

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Business & Money | Tuesday 19 September, 2023 10:13 am

MAG APPOINTS SWISSBORING FOR ENABLING WORKS AT THE RITZ-CARLTON RESIDENCES, DUBAI, CREEKSIDE

MAG, one of the leading real estate developers in the UAE, has announced the appointment of Swissboring for a contract valued at AED 55 million to start shoring and piling work at ‘The Ritz-Carlton Residences, Dubai, Creekside’ part of the Keturah Resort, which combines luxury and wellness. The ...

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Business & Money | Tuesday 19 September, 2023 1:59 am

Azizi Developments, Kohler Co. partner for the supply of premium sanitaryware for Riviera’s fourth phase

Azizi Developments, a leading private developer in the UAE, has partnered with prominent American brand Kohler Co. for the supply of premium sanitaryware, including water closets, wash basins, bath mixers and other accessories for the fourth phase of Azizi’s mega-project Riviera, located in the...

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Business & Money | Tuesday 19 September, 2023 1:26 am

ENOC Group provides diverse job opportunities during Careers UAE 2023 to support the national Emiratisation agenda

ENOC Group, a leading integrated global energy player, underpinned its commitment to support national Emiratisation efforts during Ru'ya, Careers UAE Redefined taking place between 19 - 21 September 2023 at Dubai World Trade Centre. ENOC Group is set to offer diverse job opportunities across...

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Business & Money | Tuesday 19 September, 2023 12:24 am

D360 Bank Signs MoU with Fintech Saudi Arabia to Develop the Kingdom’s Financial Technology Sector

Fintech Saudi Arabia and D360 Bank announced their signing of a memorandum of understanding (MoU) to enhance cooperation and create opportunities to improve and facilitate banking services, in accordance with the goals of the Kingdom’s Vision 2023 and its aspirations to enable financial...

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Business & Money | Monday 18 September, 2023 9:21 am

Mulkia Investment issues prospectus to offer 1.3 mln shares on Nomu

Mulkia Investment Co. issued on Sept. 17 a prospectus to sell 1.3 million ordinary shares, or 20% of capital, in an initial public offering (IPO) on Nomu-Parallel Market.     The company’s capital stands at SAR 65 million, divided into 6.5 million...

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Business & Money | Monday 18 September, 2023 9:06 am

Federation of UAE Chambers calls on business owners to participate in 1st Gulf-Iraq Business Forum

Humaid Ben Salem, Secretary-General of the Federation of UAE Chambers of Commerce & Industry (FCCI), has called upon business owners and investors in the UAE and GCC countries to capitaliSe on the abundant investment prospects set to unfold during the first Gulf-Iraq Business Forum. The event,...

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Business & Money | Monday 18 September, 2023 9:04 am

Sharjah Islamic Bank Introduces Screen Reader Integration for its Mobile Banking App

Sharjah Islamic Bank (SIB) announced its success in adapting its mobile banking application with the screen reader service to serve people with visual disabilities as the first service of its kind in the United Arab Emirates.This step came after the specialised technical departments at Sharjah...

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Business & Money | Monday 18 September, 2023 8:53 am

Jahez says The Chefz deal subject to conditions

Jahez International Company for Information System Technology said that the completion of the acquisition of The Chefz under the share and purchase agreement (SPA) remains subject to a number of other conditions.   In a statement on Tadawul, Jahez said the conditions include...

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Business & Money | Monday 18 September, 2023 8:50 am

Sadr starts commercial ops at wooden pallet factory in Riyadh

Sadr Logistics Co. (Sadr) announced the commencement of commercial operations at its wooden pallet factory in Riyadh Second Industrial City, affiliated with the Saudi Authority for Industrial Cities and Technology Zones (MODON), after fulfilling all necessary requirements and...

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