Business & Money | Monday 17 February, 2025 11:00 am

UAE participates in Alula Conference for Emerging Market Economies

Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, participated in the AlUla Conference for Emerging Market Economies, held on February 16-17 in Al Ula, Saudi Arabia. Organised by the Saudi Ministry of Finance and the Regional Office of the International Monetary Fund (IMF) ...

More Details

Business & Money | Monday 17 February, 2025 10:57 am

2P raises, renews SAR 135M credit facility deal with GIB

Perfect Presentation for Commercial Services Co. (2P) increased and renewed a Shariah-compliant credit facility deal worth SAR 135 million with Gulf International Bank (GIB), according to a Tadawul statement today, Feb. 16. The financing, raised on Feb. 15, is secured by promissory notes to...

More Details

Business & Money | Monday 17 February, 2025 10:54 am

Ladun signs SAR 216M credit facility deal with BSF

Ladun Investment Co. signed today, Feb. 16, a Shariah-compliant, mixed-use credit facility agreement valued at SAR 216 million with Banque Saudi Fransi (BSF), the company said in a statement to Tadawul. The five-year facility aims to provide guarantees for a construction contract...

More Details

Business & Money | Monday 17 February, 2025 10:51 am

Dar Al Arkan awarded SAR 4.46B real estate deal in Jeddah

Dar Al Arkan Real Estate Development Co. was awarded on Feb. 16 a real estate deal worth SAR 4.46 billion, including tax and commission, in Jeddah. The developer won the bid through a consortium between Dar Al Arkan, Kenzi Al Arabiya Co. and a group of investors, according to a statement to...

More Details

Business & Money | Monday 17 February, 2025 10:46 am

Keir wins SAR 119.7M project with SEC

Keir International Co. received, on Feb. 16, an award letter from Saudi Electricity Co. (SEC) for a project to replace oil-filled underground cable circuits. According to a statement on Tadawul, the total contract value is SAR 119.73 million, inclusive of a 15% value-added...

More Details

Tourism & Hospitality | Monday 17 February, 2025 9:50 am

Moroccan Elegance Unveiled: Bab Al Mansour Hosts a Star-Studded Night of Culture and Cuisine

● A Star-Studded Moroccan Experience Celebrated in Style● Tradition, Elegance, and Gastronomy United for a Memorable EveningDubai, UAE – Bab Al Mansour, the premier Moroccan dining destination in the UAE, hosted an unforgettable evening in Downtown Dubai, celebrating Morocco’s rich heritage ...

More Details

Tourism & Hospitality | Monday 17 February, 2025 9:11 am

Luna Del Ramadan: Italian hospitality meets cherished tradition this Ramadan at Il Baretto, Riyadh

Marrying Italian hospitality and cuisine with the cherished traditions of Ramadan, ll Baretto Riyadh is delighted to announce its Luna Del Ramadan celebrations. Giving sacred Arabian traditions a glamorous Italian twist, the experience will intertwine heartfelt Italian and Saudi hospitality to...

More Details

Technology & IT | Monday 17 February, 2025 8:43 am

Saudi Arabia Shows High Levels of Container and GenAI Adoption

 Nutanix (NASDAQ: NTNX), a leader in hybrid multicloud computing, today announced the findings of its seventh annual Enterprise Cloud Index (ECI) survey and research report, which measures global enterprise progress with cloud adoption. This year's report sheds light on Generative Artificial...

More Details

Business & Money | Sunday 16 February, 2025 3:35 pm

Big 5 Construct Saudi kicks off with two-week format, showcasing innovation, sustainability and industry leadership

Big 5 Construct Saudi marks its grand opening today, returning for its 13th edition in a new and expanded format for two-weeks, with the first week running from 15-18 February at the Riyadh Front Exhibition & Conference Center at Roshn Front. With anticipation at its peak, the event is the...

More Details

Business & Money | Sunday 16 February, 2025 11:31 am

Web3 Alliance of Saudi Arabia Launches to Accelerate Blockchain Innovation in the Kingdom

Today marks the official launch of the Web3 Alliance of Saudi Arabia (WASA), a groundbreaking initiative uniting key leaders in blockchain technology and digital innovation to drive the adoption of Web3 technologies in alignment with Saudi Arabia’s Vision 2030, fostering economic diversification...

More Details