Umm Al Qura for Development and Construction Co. (Masar) extended on Sept. 28 Sharia-compliant bank facilities agreements with Alinma Bank. These facilities included a long-term leasing agreement at SAR 4.1 billion and a Murabaha facility at SAR 400 million, according to a statement to...
Kuwait City - From September 25 to 28, Kuwait became a venue for a large-scale cultural dialogue: it hosted the "Moscow Seasons" festival for the first time in Middle East. Visitors tried tea from a samovar, discovered Russian traditions, and made wishes for a future winter trip to Moscow and the...
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The Sharjah Finance Department organised the Fifth Financial Forum, as part of its ongoing efforts to enhance the efficiency of government financial systems and develop national cadres in accordance with international best practices and standards. This will consolidate Sharjah's position as an...
Abu Dhabi-based Global South Utilities (GSU), a resources investment company, announced today the inauguration of the Noor Chad 50 MW Solar PV Plant in N’Djamena, which will provide clean electricity to about 274,000 homes across the country. The inauguration was attended by Mahamat Ahmad...
K2, an Abu Dhabi government–owned company specialising in advanced autonomous systems and AI-driven technologies, today announced the signing of a Letter of Intent (LOI) with Pahang Aerospace City (PAC) and the University Malaysia Pahang Al-Sultan Abdullah (UMPSA) to cooperate on the development...
Senior Chinese officials have lauded the Arab vision for the digital economy and underlined the UAE’s role as a regional model in digital innovation and transformation. This came during a series of meetings held by a delegation from the Arab Federation for Digital Economy with senior...
ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a Public Investment Fund (PIF) company, announced today that it will return as a Foundation Partner of Cityscape Global 2025 for the third consecutive year with the theme “Building The Difference, Shaping The...
The 2030 Leaders Program, a flagship initiative of the Mohammed bin Salman Foundation (Misk), has announced a strategic partnership with NEOM to deliver Module 4 of Cohort 7, ‘Execute: Delivering strategies in a dynamic world.’ Hosted in NEOM – the sustainable region taking shape...
Arabian Internet and Communications Services Co. (solutions) signed, on Sept. 25, a SAR 313.4 million contract with stc, a related party, to establish and develop internet and communications networks for the telecom company. In a statement to Tadawul, solutions said that the contract is valid...