Business & Money | Thursday 31 August, 2023 11:37 am

Borouge to distribute interim dividend of $650 million

Borouge Plc hosted a General Assembly meeting, where shareholders voted to approve an interim dividend of $650 million (AED2.38 billion) for the first half of 2023, equivalent to 7.9 fils per share.The interim dividend will be paid to shareholders who have purchased Borouge shares as of 7 September ...

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Business & Money | Thursday 31 August, 2023 11:18 am

Sumou says inspection of transition document ends on Sept. 3

Sumou Real Estate Co. announced that Sept. 3 is the deadline for the inspection of the transfer documents, for its transition to the main market.   In a statement on Tadawul, the company added that trading on company’s shares will be suspended on Sept. 4, for a period not exceeding ...

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Cars & Autos | Thursday 31 August, 2023 11:13 am

Online monitoring of vehicle insurance violations starts from October

The General Department of Traffic said that the online monitoring of vehicle insurance violations will begin as of Oct. 1.   The online monitoring of the violation will be applied to all vehicles on the roads.   The department...

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Environment & Energy | Thursday 31 August, 2023 11:11 am

Russia in talks with OPEC+ on extending oil export cuts

Russia is in discussion with OPEC+ on the possibility of extending its oil export cuts to October, but no decision has been taken so far, Deputy Prime Minister Alexander Novak told TASS, the state-run Russian news agency. The decision will depend on the market’s requirements, he...

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Business & Money | Thursday 31 August, 2023 9:13 am

du Announces Powerhouse Line-up of Partners Driving Innovation and Sustainability at Envision ICT Event

du, from Emirates Integrated Telecommunication Company (EITC), today announced key sponsors and partners for its first exclusive ICT event, Envision, under the theme Enabling Future Makers for a Better World. In line with the "We the UAE 2031" vision and the Net Zero by 2050...

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Sports | Thursday 31 August, 2023 8:53 am

‘Our focus is the community and gamers’ – Next World Forum begins in Riyadh

Next World Forum, a major global industry gathering created to shape the future of the rapidly evolving gaming and esports sector, began the opening day of its second edition on Wednesday.  High-profile guests from the worlds of gaming, entertainment, technology, sports, and government...

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Healthcare | Thursday 31 August, 2023 8:46 am

Saudi Teenager Receives state-of the-art Pacemaker

Prince Sultan Cardiac Center (PSCC) in Al-Qassim province (central Saudi Arabia) successfully implanted a state-of-the-art pacemaker that stimulates heart connectors. The Electrocardiogram dept. in the center succeeded on Wednesday, 23rd  August, in surgically implanting a pacemaker for a ...

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Business & Money | Thursday 31 August, 2023 8:44 am

Wa’ed Ventures leads a US $27 million Series A round for Rewaa, with participation from STC’s CIF

Rewaa, Saudi’s leading omnichannel inventory management system, accounting, and POS platform for the retail industry, announced that it raised $27 million in Series A funding round led by Wa’ed Ventures, a VC fund wholly owned by Aramco. STC’s Corporate Innovation Fund (CIF) participated ...

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Business & Money | Thursday 31 August, 2023 2:21 am

HealthPlus Fertility announces launch of 5th HealthPlus Middle East Fertility Conference

HealthPlus Fertility, Mubadala Health partner, has announced the launch of its 5th HealthPlus Middle East Fertility Conference taking place at The Address, Dubai Marina from September 1 to 3 with the theme ‘Preserving Hope and Empowering Fertility Choices.’ The annual industry...

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Business & Money | Thursday 31 August, 2023 2:19 am

EXTREME INTERNATIONAL AND DRB ARABIA PARTNER TO PROPEL TOURISM CONSULTANCY IN SAUDI ARABIA AND MENA REGION

DRB Arabia and EXTREME International proudly announce the launch of their collaborative venture, EXTREME DRB Consultancy, marking a significant milestone in tourism and hospitality consultancy. Combining EXTREME International’s 27 years of operation and a sustained 6 year presence in the...

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