Business & Money | Wednesday 26 June, 2024 2:34 pm

Emirates NBD and Jarir Bookstore Sign Memorandum of Cooperation to enhance customer experience for clients.

Emirates NBD, a leading banking group in the MENAT (Middle East, North Africa and Turkey) region, have announced the signing of a cooperation agreement with Jarir Bookstore, aimed at enhancing the customer experience by offering exclusive services and benefits to their clients. This...

More Details

Environment & Energy | Wednesday 26 June, 2024 2:28 pm

Saudi Aramco tops global companies by proved oil, gas reserves

Saudi Arabian Oil Co. (Saudi Aramco) topped by a significant margin the list of the world's largest oil companies in terms of proven reserves in 2022, according to data collected by Statista from company reports. Saudi Aramco's oil and gas reserves are estimated at around 259 billion barrels...

More Details

Environment & Energy | Wednesday 26 June, 2024 2:27 pm

Industry ministry: Maaden, AMAK among 6 winners in 5th mining competitions

The Ministry of Industry and Mineral Resources announced today that six companies won the fifth round of mining competitions. The ministry stated on the messaging platform X that Saudi Arabian Mining Co. (Maaden) and Almasane Alkobra Mining Co. (AMAK) were among the winners. The mining...

More Details

Technology & IT | Wednesday 26 June, 2024 1:14 pm

HONOR Unveils Industry's First AI Defocus Eye Protection and AI Deepfake Detection

Global technology brand HONOR today revealed two industry-leading on-device AI innovations created to empower individuals and introduce a new level of user safety. During its keynote at MWC Shanghai 2024, titled “The Human-AI Synergy: Intelligent Devices Will Empower People Better,” HONOR...

More Details

Business & Money | Wednesday 26 June, 2024 10:04 am

TVM Capital Healthcare Announces USD 35 Million Investment into Boston Oncology Arabia

 TVM Capital Healthcare, an international healthcare expansion and growth capital firm, today announced a USD 35 million investment in Boston Oncology Arabia, a bio-generic drugs manufacturing company based in the Kingdom of Saudi Arabia. From its headquarters in Riyadh and production facility ...

More Details

Business & Money | Wednesday 26 June, 2024 9:52 am

SEDD, Huawei exchange technological solutions

Hamad Ali Abdalla Al Mahmoud, Chairman of Sharjah Economic Development Department (SEDD), received a delegation from Huawei Technologies Co. headed by Wharton Huang, Head of Government and International Cloud. The meeting aimed to enhance collaboration in modern technology following the visit...

More Details

Business & Money | Wednesday 26 June, 2024 9:17 am

CMCER, Johns Hopkins Aramco Healthcare sign SAR 16.5M contract

7Canadian Medical Center Co. (CMCER) signed a contract with Johns Hopkins Aramco Healthcare (JHAH) to operate nine medical clinics, worth SAR 16.5 million. The company said in a statement on Tadawul that the 24-month contract was awarded and signed on June 20. The contract is...

More Details

Business & Money | Wednesday 26 June, 2024 9:14 am

Musharaka Capital liquidates Majediah Real Estate Fund I, achieving returns of 56%

In a new exceptional milestone, Musharaka Capital announced the termination and liquidation of the Majediah Real Estate Fund I, which includes two projects: Majediah 122, located in King Salman district, neighborhood, and Majediah 134 located in the Al-Izdihar district, Riyadh, With [GA1] a...

More Details

Business & Money | Wednesday 26 June, 2024 9:12 am

Saudi Arabia is halfway through achieving Vision 2030: Minister

Minister of Economy and Planning Faisal Al-Ibrahim said Saudi Arabia managed to achieve the fastest economic growth rate of 8.7% in 2022, with non-oil activity growing by 5.6% and is still going strong for constituting 51% of the Kingdom’s real GDP, the Saudi Press Agency reported. "The...

More Details

Technology & IT | Wednesday 26 June, 2024 9:09 am

Alat and KAUST to jointly deliver AI Training Program for top Saudi science and engineering students

Alat, the PIF company tasked with transforming global industries (electronics and industrials) and creating a world class manufacturing hub in the Kingdom, and King Abdullah University of Science and Technology (KAUST), today jointly launched the “ALAT-KAUST AI Training Program”. This...

More Details