23 Muharram 1447 - 19 July 2025
    
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Eye of Dubai

NWC completes installing main water lines in Diriyah at SR +140m
Business & Money | Wednesday 23 April, 2025 10:00 am
The National Water Company (NWC) has completed the implementation of two major water supply projects in Al Diriyah Governorate in Riyadh, with a total cost of more than 140 million Saudi Riyals and a total length exceeding 26 kilometers. This is part of the company's continuous efforts to...
ACWA Power secures SAR 750M loan from Alinma Bank for new headquarters
Business & Money | Wednesday 23 April, 2025 9:36 am
ACWA Power Co. secured a SAR 750 million loan from Alinma Bank to finance the construction of its new headquarters in Riyadh. According to a company statement, the term of the Shariah-compliant financing facility extends over a period of seven years. The new headquarters will be...
How Custom Tariffs Affect Financial Markets: A Deep Dive into Global Economic Impacts
Business & Money | Tuesday 22 April, 2025 3:14 pm
Custom tariffs—taxes imposed on imported goods—have long played a pivotal role in international trade policy. Whether used to protect domestic industries, retaliate against unfair trade practices, or generate government revenue, tariffs can significantly affect not only trade flows but also...
HPDC and BRF Break Ground on Major Halal Poultry Facility in Jeddah, Strengthening Saudi Arabia’s Position in the Global Halal Market
Business & Money | Tuesday 22 April, 2025 12:17 pm
In a strategic move to establish an integrated halal ecosystem and advance local industries, Halal Products Development Company (HPDC), a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund (PIF), in partnership with global food company BRF, has broken ground on a state-of-the-art...
Al-Futtaim Auto and Machinery Company and Volvo Strengthen Abu Dhabi’s Green Mobility Vision with Volvo BZL Electric Buses
Cars & Autos | Tuesday 22 April, 2025 12:01 pm
-Volvo BZL Electric Buses officially delivered to Integrated Transport Centre (Abu Dhabi Mobility), marking a milestone in the emirate’s green transport evolution.-FAMCO and Volvo reinforce commitment to zero-emission public transport through cutting-edge electric bus technology.-Integrated...
Zoujaj to rebuild, expand Furnace 01 for SAR 58.5M
Business & Money | Tuesday 22 April, 2025 10:56 am
The board of directors of National Co. for Glass Industries (Zoujaj) approved the expansion and reconstruction project of Furnace 01. The project will extend the furnace’s length from 65.5 meters to 84.5 meters, increasing its production capacity from 210 tons per day to 280 tons per day, at ...
4 govt entities seek to raise investments in Ras Al-Khair: Official
Business & Money | Tuesday 22 April, 2025 10:53 am
Mahmoud Al-Theeb, CEO of the Royal Commission for Jubail and Yanbu (RCJY), said that four government entities seek to define the target market size and boost investments in the Minerals Industrial City (Ras Al-Khair). According to Al-Eqtisadiah, RCJY steps up effort to attract investments in...
solutions signs SAR 142.4M contract with stc
Business & Money | Tuesday 22 April, 2025 10:51 am
Arabian Internet and Communications Services Co. (solutions) signed, on April 21, a contract with stc to establish and develop stc’s internet and telecommunication networks, at a total value of SAR 142.4 million. In a statement to Tadawul, the company said the contract includes...
RAKEZ empowers its business community through sales masterclass
Business & Money | Tuesday 22 April, 2025 10:49 am
Ras Al Khaimah Economic Zone (RAKEZ) recently brought together entrepreneurs and professionals for an insightful session titled ‘Closing the Deal: Proven Sales Techniques to Drive Growth’ at Compass Coworking Centre, as part of its commitment to fostering business success within its...
Autogo showcases RoboTaxi at EVIS in strategic collaboration with ITC
Business & Money | Tuesday 22 April, 2025 10:45 am
Autogo, a UAE-based autonomous mobility solutions company operating under Kintsugi Holding, is showcasing its RoboTaxi at the Electric Vehicle Innovation Summit (EVIS), in collaboration with the Integrated Transport Centre (ITC). This marks the first time the RoboTaxi is being presented at a...
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