Environment & Energy | Friday 19 April, 2024 11:04 am

Pavegen plans to plant 1000 mangrove trees in UAE

Pavegen - the pioneer of a technology that generates renewable energy from human footsteps – announced that it has planted 279 mangrove plants on the third day of the World Future Energy Summit, hosted by Masdar at ADNEC from 16-18 April 2024, as part of its interactive installation at the summit ...

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Business & Money | Friday 19 April, 2024 11:03 am

Aldar partners with Siemens to make Saadiyat Grove Abu Dhabi's leading smart project

Aldar Properties (Aldar) has announced a partnership with Siemens to make Saadiyat Grove, an integrated mixed-use project under development in the cultural heart of Abu Dhabi, a leading global example of smart urban living. The agreement was signed today at the World Future Energy Summit (WFES) in...

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Government | Friday 19 April, 2024 10:51 am

Alstom seals deal to upgrade automated people mover system at Jeddah's KAIA

France-based global rail transport company Alstom signed a contract to upgrade the Innovia automated people mover (APM) system at the King Abdulaziz International Airport (KAIA), Jeddah, according to a company statement. Under the contract, Alstom will provide design, engineering,...

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Beauty & Style | Friday 19 April, 2024 10:48 am

“Jazeera Paints” Training Institute Launches the “Future Leaders” Program

The Training Institute of “Jazeera Paints”, the leading company in the industry of paints, colors, and construction solutions, has launched the first sessions of the "Future Leaders" program for 50 of its employees, in an effort to develop and empower their abilities and skills,  as...

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Business & Money | Friday 19 April, 2024 9:57 am

Azizi Developments’ fourth phase of Riviera marks 73% completion

Azizi Developments, a leading private real estate developer in the UAE, has announced the accelerated construction of the fourth phase of Riviera, its French Mediterranean-inspired waterfront community strategically located in the highly sought-after Mohammed Bin Rashid City, amid Dubai’s most...

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Environment & Energy | Friday 19 April, 2024 9:55 am

SABIC, BASF, Linde launch demo plant for world's 1st electric steam cracker furnace

Saudi Basic Industries Corp. (SABIC), BASF and Linde inaugurated today, April 17, the demonstration plant for the world’s first large-scale electrically heated steam cracking furnaces, following three years of development, engineering, and construction works. The regular operation of the...

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Business & Money | Friday 19 April, 2024 9:40 am

SNB Capital expects Saudi banking sector to grow 9% from 2023

The Saudi banking sector is expected to achieve a year-on-year (YoY) growth rate of 8-9%, during the first quarter of 2024, buoyed by increased lending activity, enhanced profit margins, and steady deposit costs, Iyad Ghulam, Head of Equity Research at SNB Capital, told Argaam. In his...

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Technology & IT | Friday 19 April, 2024 9:20 am

Virgin Mobile Saudi Arabia signs strategic JV partnership with HITEK to develop smart cities in the Kingdom

 Middle East regional technology services company, HITEK, part of the Farnek group of companies, has signed a JV partnership with Virgin Mobile Saudi; a Beyond ONE group company, as the preferred technology partner to enable a joint strategic approach to developing smart cities in Saudi...

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Business & Money | Friday 19 April, 2024 9:17 am

Alkhorayef Water awarded SAR 1.72B contract by NWC

Alkhorayef Water and Power Technologies Co. (AWPT) won on April 17 a long-term operation and maintenance contract from National Water Co. (NWC) for sewage treatment plants (Package 7) in Al-Ahsa city. The contract is valued at SAR 1.72 billion, exclusive of VAT, according to a filing to...

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Environment & Energy | Friday 19 April, 2024 8:36 am

Ducab Metals Business Launches Eco-Aluminium Rods, Revolutionizing Sustainability in Industry

DMB (Ducab Metals Business), committed to leading the “hard to abate” aluminium industry into the green economy, today announced the launch of its Green Aluminium Rod offering to its metals portfolio which will be in compliances to EU’s CBAM regulation. DMB uses recycled aluminium to...

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