Business & Money | Sunday 6 October, 2024 10:10 am

Subscription to Sah product starts on Oct. 6, return set at 4.92%

Individuals will start subscribing to the October issuance of the Shariah-compliant, government-backed savings product (Sah) on Oct. 6. The sukuk are issued by the Ministry of Finance and are arranged by the National Debt Management Center’s (NDMC). The return was set at 4.93%,...

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Business & Money | Sunday 6 October, 2024 10:05 am

stc Group and Ooredoo Group Collaborate to Elevate the ICT digital ecosystem

In a significant step towards advancing the region's digital landscape, leading digital enablers and telecom players stc Group and Ooredoo Group have signed a Memorandum of Understanding (MoU) to establish a strategic collaboration. This collaboration aims to enhance the ICT ecosystem and expand...

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Business & Money | Sunday 6 October, 2024 10:02 am

Naseej Tech inks SAR 13.8M deal with NeLC

Naseej for Technology Co. (Naseej Tech) signed a contract with the National e-Learning Center (NeLC) to provide all services to build university short programs, for a value of SAR 13.8 million (VAT Inclusive). In a statement to Tadawul, the company said that the contract has a term of seven...

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Business & Money | Sunday 6 October, 2024 10:00 am

Almuneef signs SAR 4.5M contract with Al-Jouf Agricultural

Almuneef Co. for Trade, Industry, Agriculture and Contracting signed on Oct. 3 a contract to buy 2,000 tons of wheat seeds with Al-Jouf Agricultural Development Co. at a total of SAR 4.5 million, exclusive of VAT, other taxes and fees. These additional fees will be added to ...

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Business & Money | Sunday 6 October, 2024 9:57 am

ADQ Appoints Modon as Master Developer for Ras El Hekma Megaproject in Egypt

 In the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, and His Excellency Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, ADQ, an Abu Dhabi-based investment and holding company, appointed Modon Holding PSC as the master developer for the Ras El Hekma ...

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Business & Money | Sunday 6 October, 2024 9:49 am

GOSI introduces AI-powered open data platform, employment support services, and super app

 In line with its strategy to be a generation-empowering partner, the General Organization for Social Insurance (GOSI) has launched several new and innovative services, as it introduced its new visual identity. GOSI has unveiled an AI-powered open data platform, which offers a seamless...

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Healthcare | Sunday 6 October, 2024 5:54 am

Medinous at GHE 2024: Breaking Barriers in Next-Gen Healthcare Technologies

“In healthcare today, data is the new currency, and leveraging sophisticated information management systems is the key to delivering smarter, faster, and more personalized care.” The highly anticipated Global Health Exhibition 2024 (GHE 2024) is right around the corner! It offers a unique...

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Business & Money | Saturday 5 October, 2024 10:14 am

‏Saudi and Qatari Ministers of Finance Sign MoURegarding Cooperation in Finance Sector

His Excellency the Saudi Minister of Finance, Mr. Mohammed Aljadaan, and His Excellency the Qatari Minister of Finance, Mr. Ali Alkuwari, signed a Memorandum of Understanding (MoU) between the Kingdom of Saudi Arabia and the State of Qatar to cooperate in the finance sector. It was signed on the...

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Business & Money | Saturday 5 October, 2024 10:12 am

Idle Lands Program issues 1,113 invoices in Makkah

The Idle Lands Program issued 1,113 invoices in the first phase (8th round) in Makkah. On X, the program said over 23 million square meter-land plots were invoiced. Meanwhile, 33,000 square meters of land were explored, while the traded land area reached 1.3 million square meters. This...

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Environment & Energy | Saturday 5 October, 2024 10:02 am

Energy Minister stresses balance of economic growth, energy security

Prince Abdulaziz bin Salman, Saudi Minister of Energy, stressed the importance of balancing economic growth, energy security, and efforts to combat climate change.   This statement came during the minister's participation in the G20 meetings held in Brazil, mainly to discuss energy...

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