21 Muharram 1447 - 17 July 2025
    
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Eye of Dubai

Lana bags two project contracts of SAR 57.1M from Health Ministry
Business & Money | Thursday 17 July, 2025 9:20 am
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...
MIS wins SAR 42.9M project with SDAIA
Business & Money | Thursday 17 July, 2025 9:15 am
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....
Diriyah inks SAR 5.8B construction contract for Arena project
Business & Money | Thursday 17 July, 2025 9:13 am
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...
Musharaka Capital completes offering to Placement initiates operation of Al-Haram View Fund with expected investment size of SAR 1.5B
Business & Money | Wednesday 16 July, 2025 2:32 pm
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...
Canadian University Dubai to lead three DFF funded projects to advance healthcare innovation
Culture & Education | Wednesday 16 July, 2025 11:39 am
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...
Tharwah awarded SAR 4.5M training contract from ZATCA
Business & Money | Wednesday 16 July, 2025 11:19 am
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...
NDMC closes July Sukuk Program at SAR 5B
Business & Money | Wednesday 16 July, 2025 11:12 am
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...
Saudi Cabinet extends Facilitated Mortgage Program by 3 years
Government | Wednesday 16 July, 2025 11:09 am
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...
Al Yamamah Steel inks SAR 68.7M contracts to supply wind towers
Business & Money | Wednesday 16 July, 2025 11:07 am
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 ...
First Avenue, Asas Makeen ink deal to develop Jadah Al-Huda project in Riyadh
Business & Money | Wednesday 16 July, 2025 11:03 am
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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