Business & Money | Friday 2 May, 2025 8:31 am

Middle East stands out as a growth outlier amid recession risks, inflation pressures, and policy uncertainty

 Against the backdrop of rising global volatility, St. James’s Place (SJP), a FTSE-listed global financial advisory firm with over one million customers and $245 billion in assets under management, is urging investors to stay anchored to long-term fundamentals and adopt diversified...

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Business & Money | Friday 2 May, 2025 8:15 am

“Mawani” and “Alissa Universal Motors” Sign Agreement to Establish a Logistics Zone at King Abdulaziz Port in Dammam with an Investment Value of SAR 300 Million

The Saudi Ports Authority “Mawani” and Alissa Universal Motors—a subsidiary of Abdul Latif Alissa Holding Group—have signed an agreement to establish a logistics zone at King Abdulaziz Port in Dammam, with a total investment value reaching SAR 300 million. The project includes development...

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Business & Money | Friday 2 May, 2025 7:19 am

NWC completes various sewer lines in Riyadh for SR +11 million

The National Water Company (NWC) announced the completion of various sewerage lines in the city of Riyadh at a total cost of more than 11 million Saudi Riyals. This is part of the company’s ongoing efforts to implement its strategic plans to create infrastructure in both the water and wastewater...

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Business & Money | Thursday 1 May, 2025 3:05 pm

Saudi Arabia's capital market system attracts inflows: ElKuwaiz

Mohammed ElKuwaiz Chairman of the Capital Market Authority (CMA), said the growth in the financial sector indicators in the 2024 annual report of Saudi Vision 2030 marked a key upside for the local capital market, thereby boosting investor confidence and enhancing Saudi Arabia’s attractiveness to ...

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Business & Money | Thursday 1 May, 2025 9:53 am

Saudia and Aseer Development Authority Sign MOU

Saudia, the national carrier of Saudi Arabia, has signed a Memorandum of Understanding (MOU) with the Aseer Development Authority (ASDA) at the Arabian Travel Market 2025.  This strategic partnership, signed by Arved von zur Muehlen, EVP & Chief Commercial Officer at Saudia, and Eng....

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Business & Money | Thursday 1 May, 2025 9:15 am

Massive investments in electrical GSE to boost airport profitability and operational efficiency

Airports in the region are investing hundreds of millions of dollars to enhance their iconic infrastructures and state-of-the-art facilities, considered among the best in the world, particularly in the field of acquiring electrical Ground Support Equipment (GSE) as part of their sustainability...

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Business & Money | Thursday 1 May, 2025 9:05 am

PCFC Launches “Digital Zero Four” to Drive Global Technological Innovation in the Logistics Sector

In a strategic move marking a major shift in innovation and smart technology, the Ports, Customs and Free Zone Corporation (PCFC) officially announced the launch of “Digital Zero Four” the first national company specializing in smart transformation of commercial operations and the development...

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Business & Money | Wednesday 30 April, 2025 2:56 pm

Saudi Signage & Labelling Expo returns to Riyadh, supporting innovation in Saudi Arabia’s $492 million digital signage market

 Saudi Signage & Labelling Expo, the Middle East’s leading event for the digital, print, graphic and imaging sectors, returns to Riyadh International Convention & Exhibition Centre (RICEC) from 20 – 22 May 2025. Organized by dmg events, the expo remains the Kingdom’s largest...

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Business & Money | Wednesday 30 April, 2025 10:35 am

Nahdi shareholders OK SAR 369.2M transfer to retained earnings

Nahdi Medical Co.’s shareholders approved several key resolutions, including the transfer of the statutory reserve balance of SAR 369.21 million—per the financial statements for the year ended Dec. 31, 2024—into retained earnings. This came during the extraordinary general meeting (EGM)...

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Business & Money | Wednesday 30 April, 2025 9:56 am

Dubai Customs celebrates World Intellectual Property Day with focus on creativity and protection

Dubai Customs celebrated World Intellectual Property Day, held annually on April 26, under the theme "IP and Music: Feel the Beat of IP." The event, hosted at Dubai Customs' headquarters, emphasized the organization’s commitment to safeguarding intellectual property rights. Intellectual...

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