Business & Money | Tuesday 3 October, 2023 10:50 am

New entertainment and cinema planned in KAFD with SSH

Leading architectural and engineering consultancy SSH has partnered with King Abdullah Financial District Development & Management Company (KAFD DMC) in Saudi Arabia to deliver multiple packages comprising architecture, comprehensive multi-disciplinary design, engineering design, and...

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Business & Money | Tuesday 3 October, 2023 10:48 am

Saudi Top inks SAR 30 mln credit facility with Riyad Bank

Nomu-listed Saudi Top for Trading Co. signed a SAR 30 million Shariah-compliant credit facility agreement with Riyad Bank, according to a statement on Tadawul.   Saudi Top said SAR 20 million would be allocated to repay suppliers’ dues and SAR 10 million for issuing letters of...

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Government | Monday 2 October, 2023 9:42 am

UAE participates in Arab League's Arab Ministerial Council for Electricity meeting

A UAE delegation, headed by Sharif Al Olama, Under-Secretary for Energy and Petroleum Affairs at the Ministry of Energy and Infrastructure, participated in the extraordinary session of the Arab League's Arab Ministerial Council for Electricity, held at the league's headquarters in...

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Culture & Education | Monday 2 October, 2023 9:37 am

Prince Faisal bin Khalid bin Abdulaziz Announces Winners of the King Khalid Award 2023

HRH Prince Faisal bin Khalid bin Abdulaziz, Advisor to the Custodian of the Two Holy Mosques, Chair of the King Khalid Award Commission, and Chair of the Board of Trustees, announced the 2023 winners of the prestigious King Khalid Awards at a press conference held at the King Khalid...

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Environment & Energy | Monday 2 October, 2023 8:56 am

COP28 President-Designate calls on energy and hard-to-abate industries to work together to drive decarbonisation

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology and COP28 President-Designate, today convened a special meeting of industry leaders from the oil & gas, cement, steel, aluminium, and heavy transportation sectors to work together to drive global decarbonisation...

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Government | Monday 2 October, 2023 8:55 am

UAE participates in Dushanbe International Investment Forum

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, led the UAE delegation to the Dushanbe International Investment Forum in Tajikistan, which was held on September 29-30, 2023.During the opening session of the forum, opportunities and promising sectors for investment in...

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Government | Monday 2 October, 2023 8:35 am

A Saudi delegation led by the Minister of Economy and Planning heads to Portugal

A high-level delegation from the Kingdom of Saudi Arabia led by His Excellency Faisal F. Alibrahim, Minister of Economy and Planning, will travel to Lisbon to represent the Kingdom at the sixth session of the Saudi-Portuguese Joint Committee to enhance economic, and trade cooperation between the...

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Business & Money | Monday 2 October, 2023 8:33 am

Arabian Pipes signs SAR 115 mln supply contract

Arabian Pipes Co. signed today, Oct. 1, a supply contract worth around SAR 115 million for supplying longitudinally welded pipes from its factory in Jubail to the branch of C.A.T. International Limited. The financial impact of the contract, which runs for nine months, will appear on the...

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Business & Money | Monday 2 October, 2023 8:31 am

Alkhaleej Training signs SAR 149.4 mln contract with Saudi Electricity

Alkhaleej Training and Education Co. signed today, Oct. 1, a contract worth around SAR 149.42 million, excluding value-added tax (VAT), with Saudi Electricity Co. (SEC).   The deal, which is valid for one year and is automatically renewed for another year at the same value, ...

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Business & Money | Monday 2 October, 2023 8:29 am

SAMA seeks public feedback on draft amendments of motor insurance rules

The Saudi Central Bank (SAMA) invited entities and parties concerned with the provisions of the rules the comprehensive motor insurance rules to send their feedback via Istitlaa platform, according to a statement today, Oct. 1.   The amended rules aim to expand the insurance coverage ...

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