Business & Money | Monday 21 July, 2025 11:56 am

NWC begins 9 water and sanitation projects in Najran at over SR 551 million.

As part of its ongoing efforts to implement its strategic plans to develop infrastructure in the water and sanitation services sectors and increase the coverage of the services it provides to its customers, the National Water Company (NWC) announced that it has begun implementing nine water and...

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Business & Money | Monday 21 July, 2025 11:52 am

NHRI organises awareness workshop for domestic worker recruitment centre staff in Ajman, in cooperation with MoHRE

As part of its ongoing efforts to promote human rights awareness and reinforce a culture of protecting domestic workers’ rights, the National Human Rights Institution (NHRI) organised an awareness workshop for staff of domestic worker recruitment centres, in collaboration with the Ministry of...

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Business & Money | Monday 21 July, 2025 11:48 am

UAE Ranks First in MENA & Arab World and in Top 20 Global List for Older Adults’ Mind Health Reveals Sapien Labs’ Mental State of the World Report 2024

 In the Mental State of the World Report 2024, measured by the Mind Health Quotient (MHQ)*, the United Arab Emirates (UAE) stands out for having the best mental state for adults aged 55+ in the Middle East and North Africa (MENA) region – and one of the healthiest across the world. With an...

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Business & Money | Monday 21 July, 2025 11:38 am

solutions renews SAR 1.5B banking facility with SNB

Arabian Internet and Communications Services Co. (solutions) renewed its Shariah-compliant credit facility agreement with Saudi National Bank (SNB), valued at SAR 1.5 billion. In a statement on Tadawul, solutions added that the facility is divided into a short-term credit line worth SAR 1...

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Business & Money | Monday 21 July, 2025 11:36 am

Qatar Airways plans to expand operations in Saudi Arabia

Qatar Airways intends to expand its operations and network within the Saudi market, enhancing the travel experience to and from the Kingdom as part of its regional strategy to strengthen air connectivity. The airline views competition in the Saudi market positively and continues to improve its ...

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Business & Money | Monday 21 July, 2025 11:34 am

ACWA Power pens deals to export renewable energy, green hydrogen to Europe

ACWA Power Co. and international partners signed today, July 20, several agreements and memorandums of understanding (MoUs) to build an integrated system for exporting renewable energy and green hydrogen from Saudi Arabia to Europe. According to a statement by Saudi Arabia’s Ministry of...

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Business & Money | Monday 21 July, 2025 11:21 am

Quara Finance obtains SAR 100M credit facility from Al Rajhi Bank

Quara Finance Co. entered into a four-year, Shariah-compliant credit facility agreement worth SAR 100 million from Al Rajhi Bank. In a statement to Tadawul, the company said the facility is intended to support the expansion of its financing operations and boost sales volume in...

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Business & Money | Monday 21 July, 2025 9:40 am

Arab Sea signs contract with KAU Hospital

Arab Sea Information Systems Co. signed a contract on July 18 with King Abdulaziz University (KAU) Hospital for the managed services project to operate the computer. In a Tadawul statement, the company said the contract is valued at SAR 17.24 million, including value-added tax (VAT). The...

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Technology & IT | Sunday 20 July, 2025 3:56 pm

Elon Musk’s xAI in Talks to Expand Data Centre Footprint in Saudi Arabia – Bloomberg

Elon Musk’s artificial intelligence startup, xAI, is in talks with data centre operators in Saudi Arabia and the United Arab Emirates to lease computing capacity, as the billionaire seeks to expand in regions offering lower energy costs and more favourable regulatory environments, Bloomberg...

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Technology & IT | Sunday 20 July, 2025 3:55 pm

Elon Musk’s xAI in talks with Saudi Arabia to lease data center capacity

Elon Musk's xAI is in discussions to lease data center capacity in Saudi Arabia, Bloomberg News reported on Wednesday, citing people familiar with the matter.   The startup is in discussion with two potential partners: Humain, a Saudi-backed AI company offering xAI several gigawatts...

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