Culture & Education | Tuesday 18 February, 2025 11:11 am

Revival of the Sword of the Prophet Zulfiqar Amid Unexpected Reactions

The National's Response Sparks Discussion on the Historical Symbolism Bern, Switzerland - Between January 28 and February 5, 2025, two press releases were published regarding discovering a unique ancient blade, attributed to the Sword of the Prophet Muhammad, Zulfiqar. This conclusion was...

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Business & Money | Tuesday 18 February, 2025 10:38 am

BinDawood Holding acquires Zahrat Al Rawdah; deal value changed to SAR 441.1M

BinDawood Holding Co. completed its acquisition of 100% of Zahrat Al Rawdah Pharmacies LLC for SAR 441.1 million, the company announced in a statement to Tadawul. The final price was reduced from the initially reported figure, according to the share purchase agreement. All...

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Business & Money | Tuesday 18 February, 2025 10:33 am

ACWA Power pens SAR 8.6B deal for Egypt's Hurghada wind project

Saudi Minister of Energy Prince Abdulaziz bin Salman announced that ACWA Power Co. signed a power purchase agreement (PPA) with the Egyptian Electricity Transmission Co. for a 2-gigawatt wind energy project in South Hurghada. The project, the largest of its kind in Egypt, is...

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Business & Money | Tuesday 18 February, 2025 10:31 am

NWC lifts Riyadh’s Heet plant capacity to 400,000 m3/day at SR 387m+

The National Water Company (NWC), represented by its Central Cluster, has completed the implementation of the third phase of the wastewater treatment plant (STP) south of the capital, Riyadh. This is part of the company’s ongoing efforts to strengthen infrastructure in the environmental services...

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Business & Money | Tuesday 18 February, 2025 10:27 am

Msheireb Properties Announces 2025 Innovation in Design Awards in Partnership with Fast Company Middle East

Msheireb Properties announced the 2025 Innovation in Design Awards, a prestigious initiative in partnership with Fast Company Middle East that champions creativity, innovation, and sustainability in design and architecture. With an expanded list of categories, the second annual awards will...

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Technology & IT | Tuesday 18 February, 2025 10:16 am

KoçSistem Participates in LEAP Expo as a Leading Tech Brand from Türkiye

Riyadh — Attending the event alongside KoçDigital, its subsidiary specializing in data science, artificial intelligence, and analytics, KoçSistem showcased its cutting-edge domestic technologies, ranging from digital publishing to cybersecurity. Expanding to the Middle East: KoçSistem’s ...

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Business & Money | Tuesday 18 February, 2025 9:19 am

MAESTRAL, the EDGE-Fincantieri Joint Venture, to be awarded €500 million UAE Navy Support Contract

 EDGE, one of the world’s leading advanced technology and defence groups, and Fincantieri, one of the world’s leading groups in high-complexity shipbuilding, announced today that MAESTRAL, their Abu Dhabi-based shipbuilding joint venture, will be awarded a major ‘In-Service Support...

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Business & Money | Tuesday 18 February, 2025 9:15 am

ASB Capital Launches in the DIFC Bridging Regional and Global Markets

ASB Capital, a purpose-driven asset management firm licensed by the Dubai Financial Services Authority (DFSA), has commenced operations in the Dubai International Financial Centre (DIFC) with a starting AUM of $4.5 billion. The firm is set to offer a diverse portfolio of wealth and asset management ...

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Business & Money | Tuesday 18 February, 2025 9:13 am

Abu Dhabi to further enhance trade and investments with China

The Abu Dhabi Department of Economic Development (ADDED) is leading the emirate’s economic delegation to China as part of ongoing efforts to further strengthen partnerships with leading economies and cement Abu Dhabi’s stature as global magnet for talent, businesses, and investments. With...

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Business & Money | Tuesday 18 February, 2025 9:07 am

RED SEA INTERNATIONAL FILM FESTIVAL ANNOUNCES DATES FOR ITS FIFTH EDITION IN 2025

The Red Sea International Film Festival (RSIFF) today announced the dates for its highly anticipated fifth edition, set to take place from December 4-13 at its permanent home in Al-Balad, historical Jeddah, Saudi Arabia. Marking a major milestone, RSIFF’s fifth anniversary promises to build...

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