Business & Money | Thursday 8 February, 2024 3:32 am

At PIF Private Sector Forum, Saudi Coffee Company Inks 9 Key Agreements, Promoting Sustainability

Saudi Coffee Company, a wholly-owned subsidiary of the Public Investment Fund, is set to take part in the upcoming PIF Private Sector Forum, underscoring its commitment to advancing the local coffee industry through the signing of nine agreements. The forum, serving as a meeting ground for private...

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Business & Money | Thursday 8 February, 2024 1:35 am

NEOM announces Xaynor, an exclusive private members club

The Board of Directors of NEOM has announced Xaynor, a beachfront private members club, nestled among the rocky landscapes along the pristine coastline of the Gulf of Aqaba. Xaynor is the latest addition to the evolving regional development in northwest Saudi Arabia.   Xaynor’s...

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Business & Money | Thursday 8 February, 2024 12:02 am

KAFD Seals New Partnerships at PIF Private Sector Forum

The King Abdullah Financial District Development and Management Company (KAFD DMC) announced today a series of groundbreaking partnerships and collaborations at the second edition of the Public Investment Fund’s (PIF) Private Sector Forum, held at the King Abdulaziz International Conference...

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Business & Money | Wednesday 7 February, 2024 2:08 pm

NWC completes pumping reinforcement system in south and west Riyadh with 1m m3 capacity at a +683m SR

The National Water Company (NWC) announced the enhancement of the water pumping system in the west and south districts of Riyadh. The planned capacity is one million cubic meters at a cost of more than 683 million Saudi Riyals. The project will serve more than one million beneficiaries under...

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Business & Money | Wednesday 7 February, 2024 2:07 pm

Ministry of Defense and Saudia Private Collaborate to Enhance Air Force Support Services

The Ministry of Defense and Saudia Private, a strategic business unit of Saudia Group, have signed an agreement aimed at bolstering air and logistical support services for a variety of Air Force aircraft. The signing ceremony took place during the World Defense Show 2024 in...

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Business & Money | Wednesday 7 February, 2024 12:31 pm

“Ports, Customs and Free Zone” earns the “Great Place To Work” certification

The Ports, Customs, and Free Zone Corporation (PCFC) has been awarded the "Great Place To Work Certification" by the "Great Place to Work" organization. This recognition stems from a thorough and independent analysis of employee opinions regarding the work environment. Approximately 90%...

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Business & Money | Wednesday 7 February, 2024 12:09 pm

Government of the Republic of Guinea announces groundbreaking Round Table of Donors event in Dubai

The Government of the Republic of Guinea, through the Ministry of Planning and International Cooperation, has announced a Round Table of Donors (RTD) event. Scheduled for February 15 and 16, 2024, in Dubai, United Arab Emirates, this event is a pivotal part of the Interim Reference Program...

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Business & Money | Wednesday 7 February, 2024 11:54 am

Asteco 2023 Q4 Report: UAE Real Estate Market Surges Amid Global Uncertainties

According to the Asteco 2023 Q4 real estate report, the UAE market witnessed unprecedented growth during 2023 despite the various global challenges. The report anticipates continued positive trajectory over 2024. Key strategic initiatives, including the UAE Tourism Strategy 2031 and 'We the UAE...

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Business & Money | Wednesday 7 February, 2024 11:42 am

Bahri Logistics and GDC Middle East Sign MoU Paving the Way for Strategic Partnership

Bahri Logistics, a business unit of Bahri, the national shipping company of Saudi Arabia and a global leader in shipping and logistics, has signed a Memorandum of Understanding (MoU) with GDC Middle East, a Saudi Public Investment Fund (PIF) company specializing in aerospace engineering, system...

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Business & Money | Wednesday 7 February, 2024 9:18 am

SCAI Partners with Alphaiota to Launch Groundbreaking AI Healthcare Projects at Local and Regional Levels

Alphaiota and the Saudi Company for Artificial Intelligence (SCAI), a company wholly owned by the Public Investment Fund (PIF) specializing in artificial intelligence and healthcare technology, have announced the signing of a cooperative agreement. The agreement was finalized on the sidelines of...

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