Business & Money | Tuesday 24 September, 2024 9:22 am

MIS to boost data centers’ capacity at SAR 2.5B

Al Moammar Information Systems Co. (MIS) inked a letter of intent (LoI) with Saudi Fransi Capital on behalf of Saudi Data Centre Fund 1 to expand data centers’ capacity by 64MW, according to a statement to Tadawul. The capacity expansion of the fund data centers will have an estimated value...

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Business & Money | Tuesday 24 September, 2024 9:18 am

Aramco plans to issue USD-denominated international sukuk

Saudi Arabian Oil Co. (Saudi Aramco) announced its intention to offer international sukuk under the SA Global Sukuk Limited’s Trust Certificate Issuance Program. The sukuk will constitute US dollar-denominated, direct, unsubordinated, unsecured and limited recourse obligations of SA Global...

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Business & Money | Monday 23 September, 2024 10:40 am

Bitget Enters A Multi-Million Dollar Deal With La Liga to Explore Crypto-Sports Synergy

Bitget is now LALIGA's Official Crypto Partner in the EASTERN, SEA, and LATAM regions. Victoria, Seychelles -- Bitget, the world's leading cryptocurrency exchange and Web3 company, has partnered up with LALIGA, the world's most celebrated football league, as an official crypto partner. The...

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Business & Money | Monday 23 September, 2024 8:05 am

Forbes Middle East’s Healthcare Leaders Summit, in Partnership with PureHealth, Begins in Abu Dhabi, Setting the Stage for the Future of Healthcare

The third edition of the Forbes Middle East Healthcare Leaders Summit in partnership with PureHealth has kicked off in Abu Dhabi, under the theme “Beyond Boundaries: Advancing Health Towards Longevity,” convening over 3,000 participants and attendees to explore innovative solutions and...

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Business & Money | Monday 23 September, 2024 8:04 am

PCFC concludes its participation in the 2024 World Congress & Exhibition on Intelligent Transport Systems (ITS)

Under the theme "Mobility Empowered by Intelligent Transport Systems," the Ports, Customs, and Free Zone Corporation (PCFC) concluded its participation in the 30th edition of the World Congress on Intelligent Transport Systems (ITS), showcasing the latest developments and technologies in mobility....

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Business & Money | Monday 23 September, 2024 8:00 am

Intersec 2025 highlights mobile credentials as the new standard for security in the Middle East

As the global perimeter security market continues to grow - projected to reach US$ 89.82 billion by 2027 - mobile credentials are becoming a critical factor in the future of access control and overall security management in the Middle East. At Intersec 2025, taking place from 14 – 16 January ...

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Business & Money | Monday 23 September, 2024 8:00 am

One Development set to launch AED 2 billion project in City of Arabia, redefining the UAE’s real estate landscape

The UAE’s real estate sector welcomes a distinguished new player with the establishment of One Development, a homegrown international boutique developer with offices in Abu Dhabi and Dubai. Poised to elevate the country’s real estate industry standards, One Development is set to launch its...

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Business & Money | Sunday 22 September, 2024 7:48 pm

On Saudi Arabia's 94th National Day, ACWA Power’s Founder and Chairman Expresses Congratulations and Commitment

Mohammad Abunayyan, Founder & Chairman of the Board of Directors of ACWA Power, extends his heartfelt congratulations to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, and to His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, the Crown Prince and Prime...

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Business & Money | Sunday 22 September, 2024 11:11 am

Almuneef renews contract with Aramco for 5 years

Almuneef Company for Trade, Industry, Agriculture and Contracting (Almuneef) announced the approval of Saudi Arabian Oil Co. (Aramco) to extend the current contract, which will end on Dec. 31, 2024. In a statement to Tadawul, the company said that the contract will be extended for a period of...

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Business & Money | Sunday 22 September, 2024 11:08 am

Emaar EC submits capital cut file to CMA

Emaar The Economic City Co. (Emaar EC) submitted, on Sept. 20, the application file to reduce the company's capital from SAR 11.33 billion to SAR 5.70 billion to the Capital Market Authority (CMA) for approval. In a statement to Tadawul, the company said that the proposed capital decrease ...

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