Government | Wednesday 29 November, 2023 2:37 pm

New Investment Law to be out soon: Official

The new Saudi Investment Law will be issued soon, representing a legislative roadmap for investors in the Kingdom, Al Eqtisadiah Newspaper cited Deputy Minister of Investment for Policies and Legislation Baker Al Haboob as saying. The new law would be a systematic tool to guarantee rights and...

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Tourism & Hospitality | Wednesday 29 November, 2023 12:17 pm

Media Rotana and Dubai National School-Al Barsha United for a Heartwarming UAE National Day Celebration with Red Crescent Children

In a Unison of Hearts and Harmony, Media Rotana, Dubai, teamed up with UAE Red Crescent and Dubai National School-Al Barsha for their yearly celebration on the occasion of UAE National Day, bringing smiles to children. The event, focused on simplicity and joy, reflected Media Rotana's commitment to ...

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Tourism & Hospitality | Wednesday 29 November, 2023 11:49 am

Four Seasons Hotel Riyadh Achieves Prestigious Great Place to Work® Certification™.

Four Seasons Hotel Riyadh proudly announces its official certification as a distinguished Great Place to Work®, reaffirming the hotel's unwavering dedication to fostering a high-trust culture within its workplace.  This significant certification underscores Four Seasons Hotel Riyadh's...

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Business & Money | Wednesday 29 November, 2023 11:44 am

Discover the Best of Thailand at Thailand Mega Fair 2023 – Riyadh, Saudi Arabia

The Kingdom of Saudi Arabia is set to witness the grand inauguration of the first-ever "Thailand Mega Fair," a spectacular business and entertainment event organized by Index Creative Village Public Company Limited in collaboration with the Thai Chamber of Commerce and Board of Trade of Thailand...

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Business & Money | Wednesday 29 November, 2023 11:42 am

Universal Islamic Food Industries invests AED 150M in Ras Al Khaimah

Universal Islamic Food Industries (UIFI) a Kuwaiti based group of companies has  has set up a new massive manufacturing unit in  Ras Al Khaimah with an investment of around AED 150 million. This modern, state-of-the-art facility, located in the Al Hamra Industrial Zone, extends over an...

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Healthcare | Wednesday 29 November, 2023 11:41 am

Cleveland Clinic Abu Dhabi demonstrates strong commitment to sustainability ahead of COP28

Cleveland Clinic Abu Dhabi, part of the M42 network, the Principal Health Partner of COP28, has published its decarbonization and sustainability efforts. As a proactive contributor to the sustainable future of health, the hospital’s patient-centric approach and sustainability endeavors underscore ...

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Culture & Education | Wednesday 29 November, 2023 11:36 am

Zayed University Partners with the General Secretariat of the National Committee on Sustainable Development Goals

Zayed University (“ZU”), in partnership with the General Secretariat of the National Committee on Sustainable Development Goals (“SDGs”), held an interactive dialogue session at its Dubai campus. The session focused on designing solutions and proposals to activate the role of youth and ...

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Business & Money | Wednesday 29 November, 2023 11:19 am

Saudi Cable signs tripartite agreement to transfer SAR 232.7M debt to Tathmeer

Saudi Cable Co. (SCC) signed a tripartite agreement with Al Rajhi Banking Investment Co. and Tathmeer Investment Co., under which Al Rajhi Banking transferred to Tathmeer its rightful claim on a due debt from Saudi Cable worth SAR 232.74 million.   The recent action was taken in...

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Business & Money | Wednesday 29 November, 2023 11:14 am

Retal inks SAR 374.8M deal with Roshn to purchase, develop land

Retal Urban Development Co. signed on Nov. 28 an agreement with Roshn Real Estate Co., a subsidiary of the Public Investment Fund (PIF), to purchase and develop residential land for housing units in Sedra residential neighborhood in Riyadh.   In a statement on Tadawul, the...

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Business & Money | Wednesday 29 November, 2023 11:07 am

PIF signs binding agreement with Ferrovial to buy 10% of Heathrow Airport

The Public Investment Fund (PIF) entered into a share purchase agreement to acquire a 10% stake in FGP TopCo (TopCo), the holding company of Heathrow Airport Holdings Ltd, from Ferrovial S.A. Under the terms of the agreement, PIF will acquire 10% in TopCo, and Ardian through its infrastructure ...

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