Business & Money | Wednesday 29 May, 2024 11:54 am

Sure inks SAR 13.9M supply chain development contract with Commerce Ministry

Sure Global Tech Co. signed a contract worth SAR 13.86 million (VAT inclusive) for a project to diversify and develop commodity supply chains with the Ministry of Commerce, in cooperation with the General Authority of Foreign Trade (GAFT), according to a statement to Tadawul. Under the...

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Business & Money | Wednesday 29 May, 2024 11:50 am

GAS signs 2 contracts worth SAR 761M with Aramco

GAS Arabian Services Co. (GAS) signed on May 29 two contracts with Saudi Arabian Oil Co. (Saudi Aramco) at a total value of SAR 761 million. In separate statements to Tadawul, GAS said the first engineering, procurement and construction (EPC) contract is for work on the Master Gas System...

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Business & Money | Wednesday 29 May, 2024 11:41 am

Ajman Department of Finance Strengthens Partnership with Ajman Transport Authority via the “Tawreed” Platform

Ajman Department of Finance has signed a service provision agreement with the Ajman Transport Authority as part of the commitment to fostering an investment-friendly environment that promotes economic growth and sustainable development in the emirate.  The agreement will enable the...

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Technology & IT | Wednesday 29 May, 2024 11:39 am

DXC Technology Opens New Office in Riyadh

 DXC Technology (NYSE: DXC), a leading Fortune 500 global technology services provider, has announced the launch of a new office space in Riyadh, Saudi Arabia.  The purpose-designed facility, sets a blueprint for organizations looking to create a hybrid modern workplace in the...

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Technology & IT | Wednesday 29 May, 2024 11:36 am

SAMI-AEC signs cooperation agreement with NUPCO

SAMI Advanced Electronics Company (SAMI-AEC), a wholly owned subsidiary of SAMI, the Kingdom's foremost defense and digital solutions provider, signed a cooperation agreement with the National Unified Purchasing Company (NUPCO), a PIF company, on May 27, 2024. The agreement aims to provide...

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Business & Money | Wednesday 29 May, 2024 10:28 am

Lenovo collaborates with PIF’s Alat to issue bonds, set up regional hub

Lenovo Group signed a strategic collaboration framework agreement and a bond subscription agreement with Alat, a Public Investment Fund (PIF) company, the Chinese firm said in a statement today, May 29.   The collaboration includes Lenovo’s plans to establish its regional Middle...

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Business & Money | Wednesday 29 May, 2024 9:58 am

Real Estate Market records over SAR 538.9B deals YTD: Justice Ministry

Saudi Arabia’s Real Estate Market recorded more than SAR 538.9 billion worth of deals year to date, Al-Eqtisadiah newspaper reported, citing the Ministry of Justice. A total of 244,000 transactions have been executed including registrations, the consolidation and sorting of real estate...

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Business & Money | Tuesday 28 May, 2024 1:48 pm

ROSHN Partners with SIMAH to Boost Transparency and Enable More Home Ownership Across the Kingdom

ROSHN Group, a national real estate developer and PIF-owned giga-project, said in a press release issued today that it had signed an agreement with the Saudi Credit Bureau (SIMAH) to access credit rating services, boost transparency, and improve its customers’ house purchasing experience.As per...

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Government | Tuesday 28 May, 2024 1:32 pm

Minister of Economy and Planning Meets OFID's Director General

Minister of Economy and Planning, Faisal bin Fadhil Alibrahim, met with the Director General of the OPEC Fund for International Development (OFID), Dr. Abdulhameed Abdulhamid Al Khalifah, during his official visit to the Republic of Austria.During the meeting, they discussed issues of mutual...

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Technology & IT | Tuesday 28 May, 2024 12:54 pm

Unveiling the Power of Portrait Photography and AI on the HONOR 200 Lite

 When searching for a new smartphone, it's often a challenge to find one that excels in both camera quality and user experience. However, with the HONOR 200 Lite, it seems we've discovered a rare gem that seamlessly combines top-notch camera features with an intuitive interface. This device...

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