Business & Money | Monday 2 December, 2024 8:51 am

Exito's DevOps Summit 2024: Manoeuvring through Low-code/No-code Trend and Future of DevOps.

In Dubai, financial institutions are increasingly adopting LCNC platforms for improved customer experience and operational efficiency. One typical example of this is the introduction of a self-service portal by a major bank that simplified loan applications and management. This change has greatly...

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Business & Money | Monday 2 December, 2024 8:25 am

SMASCO wins SAR 84.8M project from HRSD Ministry

Saudi Manpower Solutions Co.’s (SMASCO) subsidiary, Saudi Logistic Services Co., has been awarded a project by the Ministry of Human Resources and Social Development (HRSD) worth an estimated SAR 84.8 million, including value-added tax. In a statement to Tadawul, SMASCO said the...

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Business & Money | Monday 2 December, 2024 8:24 am

Saudi economy expected to grow 4.7% in 2025, 2026: World Bank

Saudi Arabia’s economy is forecast to grow 4.7% in 2025 and 2026 driven by higher oil output, the World Bank (WB) said in a recent report. The Kingdom’s economy is expected to grow by 1.1% in 2024, supported by robust growth in non-oil activities at 4.6%. WB highlighted that Saudi...

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Business & Money | Sunday 1 December, 2024 10:28 am

sirar by stc and NWC agree to Enhance Operational Technology Network Infrastructure

The National Water Company (NWC) and Advanced Technology and Cybersecurity Company (SIRAR), a subsidiary of STC Group, have signed an agreement to enhance the operational technology network in the water sector infrastructure.  The agreement is concluded under the cooperation between the two...

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Business & Money | Sunday 1 December, 2024 10:22 am

For the fourth time SIMEC 2025 opens it’s doors on February 3, 2025, in the Kingdom of Saudi Arabia

Saudi Arabia is set to host its largest exhibition focused on sustainable seafood production, the Saudi International Marine Exhibition (SIMEC), from 3-5 February 2025. The event, now in its fourth edition, is expected to attract over 12,000 attendees and aims to showcase the country’s strides in ...

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Business & Money | Sunday 1 December, 2024 10:15 am

Saudi Water Partnership Company Forum and Award Ceremony to Foster Sustainable Collaboration in Water Sector

The Saudi Water Partnership Company (SWPC) is set to host an exclusive one-day forum on December 1, 2024, at the Fairmont Hotel in Riyadh. This premier event will gather key stakeholders, industry leaders, government officials, and corporate executives in the water sector to engage in high-level...

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Business & Money | Sunday 1 December, 2024 9:52 am

RAKEZ Medical Fitness Centre celebrates first anniversary with a year of milestones and community impact

 RAKEZ Medical Fitness Centre recently celebrated its first anniversary, marking a significant milestone in its mission to simplify the visa process and enhance community wellness. In its inaugural year, the centre served over 40,000 customers, achieving remarkable operational benchmarks such...

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Business & Money | Sunday 1 December, 2024 9:47 am

28th World Investment Conference in Riyadh Concludes with Calls for International Collaboration, Innovation, and Sustainability.

International collaboration, innovation and sustainability were the key themes of the 28th World Investment Conference (WIC28), hosted by Invest Saudi and the World Association of International Promotion Agencies (WAIPA) that concluded in Riyadh this week.  Commenting on the success of...

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Business & Money | Sunday 1 December, 2024 9:43 am

RTA Instructs Salik to implement Variable Pricing

Salik Company PJSC (“Salik” or the “Company”), Dubai’s exclusive toll gate operator, announces that it has been informed by the Road and Transport Authority (“RTA”) to introduce variable pricing on Salik toll roads to be implemented by the end of January 2025.  Variable...

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Business & Money | Sunday 1 December, 2024 9:40 am

Masdar Closes Deal to Acquire TERNA ENERGY Announces Goal to Supercharge Growth in Greece and Eastern Europe

 Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, announced today that it has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY SA (TENERGY.AT) from GEK TERNA SA (GEKTERNA.AT) and other shareholders, and...

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