Business & Money | Friday 18 October, 2024 5:27 pm

Jadwa REIT Saudi inks lease for Boulevard Riyadh with new operator

Jadwa REIT Saudi Fund signed a new management, operation and leasing agreement with Sareed Development & Real Estate Investment Co. for the Boulevard Riyadh complex, under which the latter will become the property’s new operator. Accordingly, Sareed will carry out works related to...

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Business & Money | Friday 18 October, 2024 5:25 pm

2P signs SAR 46M project contract with Umm Al-Qura University

Perfect Presentation Co. (2P) signed a contract for operating the Deanship of Information Technology at Umm Al-Qura University for SAR 46 million (VAT inclusive). In a statement to Tadawul today, Oct. 17, the company said the 36-month contract would have a positive impact on its financials for ...

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Business & Money | Friday 18 October, 2024 5:20 pm

Tadawul nods to Al Rajhi Capital as market maker on Tharwah

The Saudi Exchange (Tadawul) approved the request received from Al Rajhi Capital to conduct market-making activities on Altharwah Albashariyyah Co. (Tharwah), as of Oct. 20. The market maker obligations on Tharwah are the following: - Minimum Presence of Orders: 50%. - Minimum Size:...

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Business & Money | Friday 18 October, 2024 5:16 pm

Moro Hub Associates with Kaspersky to Enhance Cybersecurity

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), signed a Partnership Agreement with Kaspersky, a global leader in cybersecurity. The agreement was signed by Mohammad Bin Sulaiman, CEO of Moro Hub, and Toufic Derbass, Managing Director for the ...

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Business & Money | Friday 18 October, 2024 5:09 pm

Dubai Environment and Climate Change Authority (DECCA) Partners with Moro Hub to Enhance IT Infrastructure and Sustainability Initiatives

The Dubai Environment and Climate Change Authority (DECCA) signed a Memorandum of Understanding (MoU) with Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority PJSC (DEWA), at GITEX 2024, which runs from 14th to 18th October at Dubai World Trade...

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Business & Money | Friday 18 October, 2024 5:05 pm

Abu Dhabi Securities Exchange (ADX) Signs MOU with ADIB Securities to Develop an Integrated Digital Onboarding Platform to Elevate Investor Experience

Abu Dhabi Securities Exchange (ADX), one of the fastest-growing exchanges in the world, announced today that it has signed a memorandum of understanding with ADIB Securities, a leading Sharia-compliant brokerage firm in the UAE and a wholly owned subsidiary of Abu Dhabi Islamic Bank (ADIB), to...

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Business & Money | Friday 18 October, 2024 5:03 pm

Dubai Customs Shines at GITEX Global 2024 with Groundbreaking Innovations

Dubai Customs leverages artificial intelligence (AI) and advanced technology to speed up trade operations and improve customer experiences. At GITEX Global, held under the theme "Global Collaboration to Forge A Future AI Economy" the department is showcasing a range of digital initiatives,...

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Business & Money | Thursday 17 October, 2024 12:06 pm

solutions inks SAR 309.7M contract with stc

Arabian Internet and Communications Services Co. (solutions) signed, on Oct. 15, a SAR 309.73 million contract with stc, a related party, to establish and develop internet and communications networks for stc. In a statement to Tadawul, the company said that the 24-month contract seeks to...

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Business & Money | Thursday 17 October, 2024 11:13 am

Saudi Fund for Development Announces its First Presence in Serbia by Financing 3 development projects, worth $205 million

The Saudi Fund for Development (SFD) has signed three development loan agreements with the Republic of Serbia worth $205 million to fund key projects supporting the agriculture, education and energy sectors. This partnership, marking SFD’s first presence in Serbia, is aimed at fostering the...

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Business & Money | Thursday 17 October, 2024 11:11 am

Taiba Investments Embarks on a New Chapter in Its Digital Transformation Journey in Partnership with Trax Group

Taiba Investments, a leading hospitality and real estate company in Saudi Arabia, has announced the launch of a new phase in its digital transformation journey in partnership with Trax Group, the global leader in business operations consulting and a trusted Microsoft Business Application...

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