Business & Money | Thursday 6 July, 2023 4:22 pm

KAPSARC Receives Two OPEC Awards for Research Accomplishments

The King Abdullah Petroleum Studies and Research Center (KAPSARC), a Riyadh-based advisory think tank, was honored with two awards during the 8th OPEC International Seminar held in Vienna on 5-6 July 2023. At the event, the Center received the 'Best Energy Research Institute Award' recognizing its...

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Business & Money | Thursday 6 July, 2023 10:59 am

Gulf Islamic Investments strengthens its presence in the Kingdom of Saudi Arabia through its acquisition of a CMA-licensed financial company

Gulf Islamic Investments (GII) expanded its operations in Saudi Arabia substantially in 2023 with the acquisition of a full investment licence from the Saudi Capital Market Authority (CMA) and the planned opening of a GII office in Riyadh this year.  A leading Shari’ah-compliant...

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Business & Money | Thursday 6 July, 2023 10:40 am

Al Masaood CV&E and Lavajet Boost Waste Management in Al Ain with 134 UD Trucks

Al Masaood Commercial Vehicles and Equipment (CV&E) has further strengthened its partnership with Lavajet by providing a fleet of 134 UD Trucks to enhance the waste management sector in Al Ain region. The division, which is part of Al Masaood Group, is the sole distributor of UD...

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Environment & Energy | Thursday 6 July, 2023 10:23 am

OPEC ministers agree to support market balance, stability

The oil and energy ministers of the Organization of the Petroleum Exporting Countries (OPEC) met on the sidelines of the 8th OPEC International Seminar in Vienna to review market conditions. The ministers agreed to continue consultation with their non-OPEC counterparts, through already...

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Environment & Energy | Thursday 6 July, 2023 10:13 am

NEOM Green Hydrogen issues full notice to proceed to EPC contractor

ACWA Power Co.’s affiliate, NEOM Green Hydrogen Co., issued a full notice to proceed for the engineering, procurement and construction (EPC) contractor of NEOM Green Hydrogen Project. The notice was accepted, ACWA Power said in a statement to Tadawul today, July 6. The Saudi-listed firm ...

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Government | Thursday 6 July, 2023 10:11 am

Ministry to set up 4 firms for Al Hilal, Al-Nassr, Al-Ittihad, Al Ahli clubs

Saudi Arabia’s Ministry of Commerce approved the establishment of four companies: Al Hilal, Al Nassr, Al-Ittihad, and Al Ahli as closed joint stock companies to practice all commercial activities with a capital of SAR 100 million each. The approval included that 75% of the capital of the...

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Technology & IT | Thursday 6 July, 2023 10:06 am

Cisco 2023 Global Networking Trends Report: The Future of Networks in a Multi-cloud World

Cisco published its 2023 Global Networking Trends Report that examines how IT organizations are evolving their network technology, talent and operations to drive digital transformation and multi-cloud initiatives.  The report is based on a survey of more than 2,500 IT decision makers from ...

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Business & Money | Thursday 6 July, 2023 9:57 am

AJEX Announces New Ocean Express Service from Europe to Saudi Arabia in Partnership with Kerry Logistics Italy

AJEX Logistics Services, a Saudi-headquartered Middle East specialist in express distribution and shipping solutions, is pleased to announce its strategic partnership with Kerry Logistics Italy to introduce the AJEX-KERRY Ocean-Express service. This innovative collaboration will provide the fastest ...

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Technology & IT | Thursday 6 July, 2023 9:50 am

Falcons HQ, powered by stc play, offers gamers the chance to compete against Team Falcons’ influencers at Gamers8: The Land of Heroes

Falcon HQ, one of the main attractions appearing at Gamers8: The Land of Heroes, the biggest gaming and esports festival worldwide, is offering gamers an incredible opportunity – the chance to play against their favorite Team Falcons influencers.  Powered by stc play, who will be...

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Business & Money | Thursday 6 July, 2023 9:42 am

Palms Sports Sets the Pace for 2H with AED 300M New Business Acquisition, Poised for Remarkable Growth

Palms Sports (ADX: PALMS), the prominent regional sports management company and the largest mass Jiu-Jitsu training provider in the world, a subsidiary of International Holding Company PJSC (IHC), has revealed today its complete acquisition of Securiguard Middle East, a specialized firm...

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