Business & Money | Friday 23 August, 2024 10:28 am

UAE joins final UN Secretary-General’s Critical Energy Transition Minerals panel in Kenya

Abdulla Balalaa, Assistant Minister of Foreign Affairs for Energy and Sustainability, participated at the United Nation’s Critical Energy Transition Minerals (CETM) Panel held in Nairobi, Kenya, alongside government representatives, experts, and organisations. The UN CETM Panel exchanged...

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Business & Money | Friday 23 August, 2024 10:23 am

du organizes an open day to recruit new graduates in “Future X”

 du, from Emirates Integrated Telecommunications Company (EITC), is set to launch an Open Day for Future X, its graduate trainee program. Scheduled for August 27 at Umm Suqeim Majlis, the event is dedicated to Emirati fresh graduates across all fields, offering them a unique platform to...

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Business & Money | Friday 23 August, 2024 10:18 am

Intersec 2025 to address UAE’s unified approach to cybersecurity

 Intersec 2025, the world's number one event mapping the future of safety, security, and fire protection, will return to the Dubai World Trade Centre from 14 to 16 January 2025, with an enhanced focus on Cyber Security.  In its 26th edition, Intersec 2025 will spotlight...

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Business & Money | Friday 23 August, 2024 10:17 am

Almunajem completes 23% acquisition of Balady for SAR 181.3M

Almunajem Foods Co. completed the purchase of 1.51 million shares (a 23% stake) of Balady Poultry Trading Co. through negotiated deals at SAR 120 per share, valued at SAR 181.33 million. Accordingly, Almunajem’s ownership in Balady Poultry rose to 40%, the company said in a statement to...

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Business & Money | Friday 23 August, 2024 10:14 am

Elm renews SAR 500M credit facility deal with Al Rajhi Bank

Elm Co. renewed a Shariah-compliant credit facility deal worth SAR 500 million with Al Rajhi Bank, according to a statement to Tadawul today, Aug. 22. The 12-month facilities are secured by a promissory note at the full amount of the financing. The funds will be used to finance working...

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Business & Money | Friday 23 August, 2024 10:07 am

Alhokair Group embarks on catering project in NEOM

Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) has embarked on the implementation of the catering project at residential complexes in NEOM as scheduled. The project was awarded by Alpha Facilities Contracting Co., an affiliate of Al Fanar Group. In a statement to...

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Business & Money | Friday 23 August, 2024 8:00 am

What Is Forex Trading and What Are Its Benefits?

What is Forex trading? In simple words, forex trading means the buying and selling of currencies in a global market. It is the largest and one of the most dynamic and liquid financial markets in the world, whereby trillions of dollars change hands daily. The fundamental principle of trading on the...

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Sports | Thursday 22 August, 2024 2:43 pm

New Global Sport Conference: HONOR unveiled as official event partner

Ahead of the highly anticipated New Global Sport Conference (NGSC) in Riyadh this week, another trio of distinguished national and international companies has been unveiled as exclusive event partners.  Taking place at the Four Seasons Hotel Riyadh At Kingdom Centre from August 24-25,...

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Business & Money | Thursday 22 August, 2024 2:38 pm

“Tatweer” and “Al Rajhi Capital” Launch a new Investment Fund in Riyadh Worth Over SAR 2 Billion

 Tatweer Company, in collaboration with Al Rajhi Capital, announced a strategic partnership to launch an investment fund worth more than SAR 2 billion to develop a multi-use project at the intersection of Al-Urubah and Al-Takhassusi Roads in the Al-Rahmaniyah neighborhood of Riyadh. As the...

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Business & Money | Thursday 22 August, 2024 10:37 am

Anaam International sells hotel for SAR 19.11M

Anaam International Holding Group announced selling Hyatt Al Fursan Hotel Al Qurayyat in Al-Jouf region to Khaled Mustafa Mohamed Moneim for SAR 19.11 million, according to a statement to Tadawul.   The buyer agreed to...

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