Business & Money | Sunday 10 September, 2023 2:56 pm

Retal launches real estate projects worth over SAR 5 bln

Retal Urban Development Co. launched today, Sept. 10, new real estate projects worth more than SAR 5 billion, including the Ritz-Carlton Hotel in Al-Khobar. The announcement was made at the Cityscape Global exhibition, which takes place in Malham, north of the capital. ...

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Business & Money | Sunday 10 September, 2023 2:33 pm

NHC unveils new real estate projects worth SAR 42 bln

National Housing Co. (NHC) announced, during the first day of Cityscape Global exhibition, three luxury projects in Al Forsan and Khuzam suburbs, which provide 86,000 housing units with a value exceeding SAR 42 billion.   An agreement was signed for the establishment of a new...

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Business & Money | Sunday 10 September, 2023 2:32 pm

From Icon to Emblem: Riyadh Front is Now Re-envisioned as ROSHN Front

Saudi Arabia’s leading national real estate developer and PIF-funded giga-project, has announced a significant step in its evolution toward becoming a multi-asset real estate developer: the rebranding of the iconic Riyadh Front as the all-new ROSHN Front.Issuing a press release on the occasion,...

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Business & Money | Sunday 10 September, 2023 1:29 pm

King Salman Park launches SAR 4 bln fund

The King Salman Park Foundation (KSPF) announced the launch of a SAR 4 billion real estate development fund for King Salman Park. The fund will focus on developing the first real estate investment inside the park, according to the Saudi Press Agency (SPA). The private sector will manage...

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Business & Money | Sunday 10 September, 2023 1:21 pm

‘Thakher Makkah’ Unveils SAR 200M Project during Cityscape Global

Thakher Development Company, the master developer of the master plan and infrastructure of Thakher Makkah project, has announced the launch of “Radisson Hotel & Residences”, with a value exceeding SAR 200 Million.  The announcement was made during the Cityscape Global Exhibition,...

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Business & Money | Sunday 10 September, 2023 10:36 am

India in the spotlight as G20 Summit kicks off in New Delhi

The 18th Group of 20 (G20) Heads of State and Government Summit kicked off today in the Indian capital, New Delhi, with deliberations covering key global issues, as well as accelerating collective progress to drive sustainable development, balanced economic growth and climate action...

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Business & Money | Sunday 10 September, 2023 10:28 am

The Emerging Tech Summit – Saudi Arabia 2023

The Emerging Tech Summit (ETS) is set to take centre stage on the 8th and 9th of November at the Voco, Riyadh, bringing together the most influential leaders and forward-thinkers in the technology industry. This exclusive by-invitation-only event is poised to reshape the landscape of...

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Business & Money | Sunday 10 September, 2023 9:43 am

Italian banks study to enter Saudi market in coming period: Report

Some Italian banks are considering entry into the Saudi market over the coming period, in line with the strengthening of business relations between Riyadh and Rome, Asharq Al-Awsat newspaper reported, citing unnamed banking sources.   The economic relations between both countries may ...

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Business & Money | Sunday 10 September, 2023 9:38 am

Care signs agreement to buy hospital in Jeddah for SAR 193.2 mln

National Medical Care Co. (Care) signed on Sept. 8 an agreement with Saudi Medical Care Group (SMG) to purchase the entire ownership of Chronic Care Specialized Medical Hospital in Jeddah, according to a statement to Tadawul.     The deal is valued at SAR 193.2...

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Business & Money | Sunday 10 September, 2023 9:20 am

Tanmiah Food signs SAR 200 mln JV agreement for poultry

Tanmiah Food Co. announced the signing of a shareholders' agreement between its wholly-owned subsidiary, Desert Hills Veternary Co., and MHBSE, to establish a joint venture (JV). In a statement to Tadawul, Tanmiah pointed out that the partnership consolidates the efforts of Desert Hills...

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