Business & Money | Wednesday 16 July, 2025 2:32 pm

Musharaka Capital completes offering to Placement initiates operation of Al-Haram View Fund with expected investment size of SAR 1.5B

Musharaka Capital, a leading asset management company, completed the offering to Placement and initiated the operation of the Al-Haram View Fund, with an expected investment size of SAR 1.5 billion. The fund is built on a strategic investment vision aimed at generating attractive medium- and...

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Culture & Education | Wednesday 16 July, 2025 11:39 am

Canadian University Dubai to lead three DFF funded projects to advance healthcare innovation

Projects to position UAE at the forefront of technology-driven solutions in the healthcare sector  Researchers from the Canadian University Dubai (CUD) have been awarded three separate grants from the Dubai Future Foundation (DFF) Research, Development, and Innovation (RDI) Program to...

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Business & Money | Wednesday 16 July, 2025 11:19 am

Tharwah awarded SAR 4.5M training contract from ZATCA

Altharwah Albashariyyah Co. (Tharwah) secured a SAR 4.48 million contract, including VAT, under a framework agreement to deliver technical training programs for Zakat, Tax and Customs Authority (ZATCA) employees in 2025. The contract is expected to be signed on Aug. 24, 2025, the company said...

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Business & Money | Wednesday 16 July, 2025 11:12 am

NDMC closes July Sukuk Program at SAR 5B

The National Debt Management Center (NDMC) closed receiving investor orders for its domestic issuance for July, under the Saudi Arabian Government SAR-denominated Sukuk Program. The total volume allocated was SAR 5.02 billion, NDMC said in a statement today, July 15. The issuance was...

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Government | Wednesday 16 July, 2025 11:09 am

Saudi Cabinet extends Facilitated Mortgage Program by 3 years

Saudi Arabia’s Cabinet, chaired by King Salman bin Abdulaziz, approved extending the Facilitated Mortgage Program for three more years, Saudi Press Agency (SPA) reported. Majed Al-Hogail, Minister of Municipal and Rural Affairs and Housing, said on X that the Facilitated Mortgage Program...

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Business & Money | Wednesday 16 July, 2025 11:07 am

Al Yamamah Steel inks SAR 68.7M contracts to supply wind towers

Al Yamamah Steel Industries Co. announced today, July 15, the signing of two contracts with SEPCOIII Electric Power Construction Co., Ltd. Branch, at a total value of SAR 68.66 million. In a statement to Tadawul, the company said that the first is contract is for supplying steel ...

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Business & Money | Wednesday 16 July, 2025 11:03 am

First Avenue, Asas Makeen ink deal to develop Jadah Al-Huda project in Riyadh

First Avenue for Real Estate Development Co. signed a contract with Asas Makeen Real Estate Development and Investment Co. to develop the Jadah Al-Huda residential project in Riyadh, according to a Tadawul statement. Construction will commence immediately upon obtaining regulatory...

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Business & Money | Wednesday 16 July, 2025 11:01 am

Zain KSA and Cisco to Collaborate on the Development of Advanced AI Infrastructure

Zain KSA, a leading provider of telecommunications and digital services in Saudi Arabia, has signed a Memorandum of Understanding (MoU) with Cisco, the global leader in networking and security, focusing on the development of cutting-edge AI infrastructure and GPU-as-a-Service...

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Business & Money | Wednesday 16 July, 2025 10:57 am

du becomes UAE's first telecom operator to achieve ISO 20400 certification for sustainable procurement

du, the leading telecom and digital services provider, has become the first telecom operator in the UAE, and the second in the GCC, to be awarded the ISO 20400 Sustainable Procurement certification. The international standard represents excellence in sustainable procurement processes, spotlighting...

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Business & Money | Wednesday 16 July, 2025 10:55 am

DEWA receives ‘3G Championship Award for Digital Transformation 2025’

Dubai Electricity and Water Authority (DEWA) has won the ‘3G Championship Award for Digital Transformation 2025' in recognition of the remarkable achievements of its Internal Audit Department. The accolade, which was announced at the Global Good Governance Awards organised by UK financial...

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