Business & Money | Sunday 25 February, 2024 7:51 am

Monsha’at says over 77,300 MSMEs issue certificate of startup size

The Small & Medium Enterprises General Authority (Monsha’at) said that more than 77,300 micro, small and medium-sized enterprises (MSMEs) issued the certificate of startup size since the service launch to date to benefit from various advantages, including applying for government tenders and...

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Environment & Energy | Sunday 25 February, 2024 7:50 am

Significant rise in Jafurah field proven gas, condensate reserves: Minister

Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz stated that Saudi Aramco was able to add large quantities of proven reserves of gas and condensate in the unconventional Jafurah field, the Saudi News Agency (SPA) reported.   The additional quantities...

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Business & Money | Sunday 25 February, 2024 7:06 am

PIF to acquire stake in Binladin Group

The Public Investment Fund (PIF) intends to acquire a stake in Saudi Binladin Group (SBG), Bloomberg reported, citing sources with knowledge of the matter.   The fund is working with Morgan Stanley on the potential deal to buy into SBG.   The PIF is considering...

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Business & Money | Saturday 24 February, 2024 10:12 pm

UAE Ministry of Investment witnesses signing of largest-ever foreign direct investment agreement with Egypt

The Ministry of Investment of the UAE witnessed the signing of a landmark agreement between the Government of the Republic of Egypt and the Government of the UAE, represented by a private consortium led by ADQ, an Abu Dhabi-based sovereign investor. Under the agreement, which marks the largest ...

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Business & Money | Saturday 24 February, 2024 10:09 pm

Abdullah bin Zayed: UAE provides US$10 million grant to support WTO initiatives

H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs, has announced that the UAE will provide a US$10 million grant to support a number of key initiatives of the World Trade Organization (WTO), whose 13th Ministerial Conference is being hosted and chaired by the UAE in Abu Dhabi...

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Tourism & Hospitality | Friday 23 February, 2024 8:27 am

Celebrate Founding Day at RÜYA Riyadh

On this auspicious occasion of Founding Day, RÜYA Riyadh celebrates the rich history and promising future of Saudi Arabia with culinary delights and enchanting ambiance! Founding Day Specials:Date Flavored Ice Cream (locally sourced and finest Saudi Dates)Turkish Coffee with...

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Culture & Education | Friday 23 February, 2024 4:59 am

Diriyah Gate Development Authority Unveil 'The Earthen Testaments' at UNESCO House, Paris

The Earthen Testaments,’ a multidisciplinary exhibition exploring Diriyah’s natural and built landscapes through imagery, film, artefacts, and contemporary artworks commissioned from Saudi artists, has opened at Ségur Hall, UNESCO House, in Paris, France. This exhibition combines historical...

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Tourism & Hospitality | Friday 23 February, 2024 4:57 am

Saudia Named The Official Airline Partner of the Saudi Cup 2024, the World’s Richest Race

Saudia, the national flag carrier of Saudi Arabia, announced its strategic partnership for the Saudi Cup 2024, the fifth edition of the world's richest horse race. The event, held under the esteemed patronage of The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, will take...

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Business & Money | Friday 23 February, 2024 4:52 am

KSA Real Estate Report by Deloitte reveals key market trends and growth projections in the Kingdom

The leading global professional services firm, Deloitte, has released its comprehensive Saudi Arabia Real Estate Report for the year 2023, providing valuable insights into the Kingdom’s property market growth and future prospects. The report highlights the impact of the positive economic...

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Business & Money | Friday 23 February, 2024 4:42 am

du collaborates with Huawei to achieve high-performance 800G network speeds

du, from Emirates Integrated Telecommunications Company (EITC), and Huawei have announced the successful completion of the world's first high-performance 800G in Super C+L band over OptiX OSN 9800 Kepler and M Platform. The new enhancement will further improve customer experience for using high...

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