Business & Money | Sunday 14 April, 2024 11:09 am

ADES wins SAR 350M contract from TotalEnergies for jack-up rig in Qatar

ADES Holding Co. received a letter of award for a project worth SAR 350 million from TotalEnergies Co. to operate a jack-up rig in Qatar, including the mandatory and optional extension periods. The contract includes a firm one-year term and three optional...

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Technology & IT | Sunday 14 April, 2024 10:27 am

HONOR Launches the 2024 Magic Moments Awards: Celebrating the Art of Smartphone Photography

Global technology brand HONOR today announced the commencement of the 2024 HONOR Magic Moments Awards, the fourth annual global mobile photography competition hosted by the brand. Featuring six categories with 59 available award designations: landscape photography, portraits, snapshots,...

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Business & Money | Sunday 14 April, 2024 10:21 am

Equipment House, Health Ministry sign SAR 180.3M contract

Scientific & Medical Equipment House Co. (Equipment House) signed, on April 4, a contract worth SAR 180.3 million (including value-added tax) with the Ministry of Health, to provide cooked nutrition services for King Fahd Heart Center, Uhud Hospital and Miqat General Hospital in...

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Business & Money | Sunday 14 April, 2024 10:15 am

National Learning signs SAR 87M lease contract for educational complex in Riyadh

National Company for Learning and Education (NCLE) signed, on April 7, a lease contract with Hayat Al-Nasser, Muhammad Al-Quwaifli, and Abdulaziz Al-Aiban, for the operation of an educational complex building in Riyadh.   In a statement to Tadawul, the company pointed out that...

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Business & Money | Saturday 13 April, 2024 8:20 am

DIRIYAH COMPANY TO INTRODUCE VISIONARY RETAIL HUB - DIRIYAH SQUARE - AT WORLD RETAIL CONGRESS IN PARIS

Diriyah Company will introduce its new visionary and lifestyle destination – Diriyah Square – to global industry leaders participating at the World Retail Congress in Paris from 16-18 April. Located on the outskirts of the Saudi capital, Riyadh, the new retail hub will host over 400 new retail...

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Government | Saturday 13 April, 2024 8:16 am

EU Council approves law targeting organised crime through asset recovery and confiscation

The Council of the European Union (EU) today adopted a law which sets out EU-wide minimum rules on the tracing, identification, freezing, confiscation and management of criminal property in connection with a wide range of crimes. The directive will better equip member states in their fight...

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Tourism & Hospitality | Friday 12 April, 2024 6:49 am

GACA to organize Future Aviation Forum in May

The General Authority of Civil Aviation (GACA) will organize the third edition of the Future Aviation Forum (FAF 2024) on May 20-22, in Riyadh, under the patronage of the Custodian of the Two Holy Mosques, King Salman, Saudi Press Agency reported.   More than 5,000 aviation experts...

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Business & Money | Friday 12 April, 2024 6:45 am

SDB collects SAR 114B from total loans offered to citizens

The Social Development Bank (SDB) collected SAR 114 billionfrom the total loans worth SAR 155 billion offered to citizens, Al Eqtisadiah newspaper reported, citing CEO Sultan Al-Hamidi.   He added that the total loans offered to females since the bank's establishment reached nearly...

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Business & Money | Thursday 11 April, 2024 8:32 am

Gold hovers near all-time high as market focus turns to US data

Gold prices rose today, April 9, hovering near their lifetime high, supported by firm central bank buying, while investors are watching out for the Federal Reserve's policy meeting minutes and US.   The gold spot prices edged up 0.3% to $2,345.09 per ounce at 0621...

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Business & Money | Wednesday 10 April, 2024 6:07 am

China's new international land-sea trade corridor records $8.9 billion in TEUs transported

The New International Land-Sea Trade Corridor (ILSTC), which runs through the western part of China, is rapidly expanding, serving as a vital connection between the Silk Road Economic Belt, the 21st-Century Maritime Silk Road, and the Yangtze River Economic Belt. According to the People's...

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