Business & Money | Sunday 9 February, 2025 9:35 am

Mobily enhances The Kingdom's Digital Infrastructure with Successful Landing of the Africa-1 Submarine Cable in Duba

Etihad Etisalat (Mobily), Saudi Arabia's leading technology, media, and telecommunications (TMT) announces the successful landing of the Africa-1 submarine cable in Saudi Arabia. This milestone marks a significant step in enhancing global and regional connectivity, positioning Saudi Arabia as a key ...

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Business & Money | Sunday 9 February, 2025 9:32 am

AFS and Nsano Partner to Transform Card Payments in Africa

Arab Financial Services (AFS), the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, signed a strategic partnership with Nsano, a leading pan-African payment processor and mobile money aggregator headquartered in Accra. This collaboration aims to...

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Business & Money | Sunday 9 February, 2025 9:29 am

Cleveland Clinic Abu Dhabi's Fatima bint Mubarak Center leads regional effort in breast cancer recurrence study

The Fatima bint Mubarak Center at Cleveland Clinic Abu Dhabi, part of the M42 group, becomes the first center in the GCC region to participate in a groundbreaking global therapeutic clinical trial aimed at reducing the recurrence of breast cancer. Funded by AstraZeneca, the trial is evaluating a...

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Business & Money | Sunday 9 February, 2025 9:25 am

Ras Al Khaimah Reconciliation & Arbitration Centre Recognizes Key Partners for Supporting the Arbitration Process in the Emirate

Ras Al Khaimah Mediation & Arbitration Centre, one of the initiatives of Ras Al Khaimah Chamber of Commerce and Industry organized honoring ceremony at the Chamber's headquarters. The party was attended by His Excellency Mohammed Musabbeh Al Nuaimi, Chairman, Ras Al Khaimah Chamber of Commerce...

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Government | Friday 7 February, 2025 5:32 pm

Crown Prince announces King Salman Automotive Cluster in KAEC

Crown Prince Mohammed bin Salman designated “King Salman Automotive Cluster" as the official name of the automotive manufacturing zone within King Abdullah Economic City (KAEC), the Saudi Press Agency reported.   The cluster is a crucial step in Saudi Arabia’s economic...

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Business & Money | Friday 7 February, 2025 5:23 pm

Cenomi Centers to hand over Dhahran Mall’s phase 1 on Feb. 9, expects SAR 49M in net profit

Arabian Centres Co. (Cenomi Centers) will hand over the first phase of Dhahran Mall in Eastern Province on Feb. 9.   In a statement to Tadawul today, Feb. 6, the company said the move is in accordance with the agreed-upon contract terms, which stipulate that the land and building...

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Business & Money | Friday 7 February, 2025 5:09 pm

Vision 2030 offers clear investment opportunities: Alkhorayef

Minister of Industry and Mineral Resources Bandar Alkhorayef said Saudi Arabia’s Vision 2030 aims to diversify the economy, providing transparent and clear investment opportunities for investors.   This ambitious strategy boosted the development of multiple sectors, with industry...

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Government | Friday 7 February, 2025 2:16 pm

Awqaf Authority announces new set of violations, penalties

The General Authority for Awqaf announced a new set of violations and penalties for the regulation of the work of the trustees, as part of its efforts to strengthen the protection of endowments from encroachment and illegal exploitation. This comes with the aim of the sustainability of those...

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Cars & Autos | Friday 7 February, 2025 12:19 pm

PIF’s Ceer seals SAR 543M partnership with Italy’s Sabelt to deliver sports car seats

Public Investment Fund (PIF)-backed electric vehicle (EV) manufacturer Ceer signed a partnership agreement worth SAR 543 million ($145 million) with Italy-based Sabelt, a global leader in high-performance car safety systems.   Trusted by brands like Ferrari, Aston Martin, Maserati,...

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Business & Money | Friday 7 February, 2025 12:14 pm

KAEC's Industrial Valley hosts 12 carmakers, auto service providers: CEO

Majid Matbouly, CEO of the Industrial Valley and Special Economic Zone at King Abdullah Economic City (KAEC), said the Industrial Valley hosts six factories for car manufacturing and assembly, along with six companies offering automotive logistics, Al Eqtisadiah newspaper...

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