Business & Money | Thursday 17 July, 2025 11:17 am

ADGM Academy, PGIM launch RealAssetX Abu Dhabi to drive innovation

ADGM Academy (ADGMA) has partnered with PGIM, the global investment management business of Prudential Financial, Inc., to launch the RealAssetX Abu Dhabi Innovation Centre - a cutting-edge lab dedicated to advancing sustainable technology, artificial intelligence (AI), and deep tech within the real ...

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Business & Money | Thursday 17 July, 2025 11:15 am

RUWAD funds AED2.86 million worth of projects, welcomes 449 new members in 2024

The Sharjah Foundation to Support Pioneering Entrepreneurs (RUWAD), affiliated with the Sharjah Economic Development Department, has issued its annual report for 2024, revealing the funding of 13 projects worth AED2.86 million and the addition of 449 new projects to its membership network. The ...

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Business & Money | Thursday 17 July, 2025 11:13 am

Saudi’s Al-Mudaifer calls for regional ecosystems in mining industry

Khalid Al-Mudaifer, Vice Minister of Industry and Mineral Resources for Mining Affairs, stressed the significance of enhancing regional cooperation among the mining and minerals industries. He also highlighted the importance of developing integrated regional ecosystems that foster mutual...

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Business & Money | Thursday 17 July, 2025 11:09 am

The Kingdom to Host 'Industrial Transformation 2025, powered by Hannover Messe

The Saudi Ministry of Industry and Mineral Resources signed a trilateral agreement with “Deutsche Messe”, and Riyadh Exhibitions Company, to launch an Industrial Transformation Exhibition and Conference in Saudi Arabia as part of the global Hannover Messe network in December 1-3,...

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Business & Money | Thursday 17 July, 2025 9:20 am

Lana bags two project contracts of SAR 57.1M from Health Ministry

Lana Medical Co. won, on July 15, two project contracts valued at SAR 57.1 million from the Ministry of Health, the company said in two separate statements to Tadawul. The first project includes the collection and storage of hazardous healthcare waste in health centers, hospitals, and...

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Business & Money | Thursday 17 July, 2025 9:15 am

MIS wins SAR 42.9M project with SDAIA

Al Moammar Information Systems Co. (MIS) was awarded a project on July 16 by the Saudi Data and Artificial Intelligence Authority (SDAIA), for SAR 42.93 million, inclusive of value-added tax (VAT). In a statement to Tadawul, the company said the contract is expected to be signed on Aug. 17....

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Business & Money | Thursday 17 July, 2025 9:13 am

Diriyah inks SAR 5.8B construction contract for Arena project

Diriyah Company has awarded a contract worth SAR 5.75 billion to Branch of China Harbour Engineering Company Ltd for the construction works of The Diriyah Arena project. The project encompasses the multi-purpose indoor Diriyah Arena, three mixed-use office buildings, and a parking...

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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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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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