Business & Money | Wednesday 24 July, 2024 10:44 am

Al Jouf Cement signs SAR 104.2M contract with Webuild SpA

Al Jouf Cement Co. signed on July 23 a contract worth SAR 104.2 million, excluding VAT, with Webuild SpA to sell cement to the latter for NEOM projects The contract duration is 41 months from the signing date, the cement producer said, adding that the contract is subject to increased...

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Government | Wednesday 24 July, 2024 10:02 am

Ministry of Municipal, Rural Affairs renamed as Ministry of Municipalities and Housing

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud issued a royal decree changing the name of the Ministry of Municipal, Rural Affairs and Housing to the Ministry of Municipalities and Housing. Minister of Municipalities and Housing Majed Al-Hogail emphasized that the name...

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Business & Money | Wednesday 24 July, 2024 9:43 am

Al Jouf Cement reschedules SAR 154.5M facilities with SAB

Al Jouf Cement Co. signed an agreement to reschedule Shariah-compliant facilities with Saudi Awwal Bank (SAB) to support its operations, according to Tadawul website. The cement producer said the financing duration, before and after rescheduling, is seven years ending 2031 instead of 2027,...

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Technology & IT | Wednesday 24 July, 2024 9:40 am

HONOR 200 Pro Review: Turning Portrait Photos Into A Masterpiece

Featuring a powerful camera, AI-driven functionalities, and a smart interface, the HONOR 200 Pro is a top pick that ticks all boxesSmartphone photography has become a big deal, and each year we see better sensors, larger lenses, and no shortage of software tweaks to pull off the best photos with...

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Technology & IT | Wednesday 24 July, 2024 9:38 am

Gunning for glory: Trio of new champions set to be determined in Week 4 of Esports World Cup

Esports enthusiasts across Saudi Arabia and the world are gearing up for another thrilling spectacle at the Esports World Cup as three tournaments top the Week 4 billing.   Over three sensational weeks, live attendees and global audiences have enjoyed competitive excellence of the...

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Business & Money | Wednesday 24 July, 2024 9:12 am

Natural Ventures Announces First Close of $100m fund to address food and water security globally.

Natural Ventures, an impact-focused venture capital fund that addresses global food and water security, is pleased to announce the first close of its inaugural fund. Natural Ventures takes an impact-driven approach to investing in and supporting the drive towards a more sustainable future and...

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Business & Money | Wednesday 24 July, 2024 8:58 am

11 development projects worth SAR 640M launched in Hail

Saudi Minister of Environment, Water and Agriculture, Abdulrahman AlFadley, launched 11 development projects in Hail, today, July 21, with the total value exceeding SAR 642 million. These projects will enhance water supplies and rationalize consumption, the minister said. He...

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Environment & Energy | Tuesday 23 July, 2024 2:07 pm

Saudi Arabia has sufficient uranium to diversify energy mix: Al-Khorayef

Minister of Industry and Mineral Resources Bandar Al-Khorayef said that Saudi Arabia has sufficient quantities of uranium to meet its need to diversify the energy mix, noting that the search for uranium and other minerals is still ongoing. He also stressed the importance of the mining sector as the ...

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Business & Money | Tuesday 23 July, 2024 1:55 pm

Edarat awarded SAR 7.1M project by Almaviva

Edarat Communication and Information Technology Co. was awarded today, July 21, a project by Almaviva Saudi Arabia for Information Technology for a period of five and a half years at a value of SAR 7.14 million (inclusive of VAT), according to a statement to Tadawul. Under the contract,...

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Business & Money | Tuesday 23 July, 2024 1:41 pm

Over million smart water metres in Dubai with 100% installation rate: DEWA

Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), announced that DEWA has achieved 100% installation of smart water metres in Dubai, meeting the growing demand for water services. By the start of June 2024, DEWA had installed over one million smart metres...

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