Business & Money | Monday 24 July, 2023 9:21 am

Ruwad approves funding for three projects in Q2'23

The Sharjah Foundation to Support Pioneering Entrepreneurs (Ruwad), affiliated to the Sharjah Economic Development Department, has approved the financing of three projects after studying the feasibility of 15 requests for funding in various sectors between April and June.Sultan Abdullah bin Hadda...

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Government | Monday 24 July, 2023 9:05 am

UAE.. Pioneering efforts and continuous development aid to support Africa’s Sahel region

The UAE, based on the directives of its wise leadership, and over more than five decades, has established itself as a key supporter of efforts to enhance global security and stability through its development programmes, humanitarian aid and initiatives aimed at the development of humanity and...

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Government | Monday 24 July, 2023 9:00 am

UAE President participates in International Conference on Development and Migration in Rome

President His Highness Sheikh Mohamed bin Zayed Al Nahyan participated today in the International Conference on Development and Migration, which took place in the Italian capital, Rome.The conference was inaugurated by Giorgia Meloni, Prime Minister of Italy, in the presence of heads of state,...

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Culture & Education | Monday 24 July, 2023 8:47 am

Nafisa Shams Academy Launches Online E-learning Platform

Nafisa Shams Academy for Arts and Crafts, one of the organisations supported by Community Jameel Saudi Foundation, launched an online e-learning platform to expand its offerings and provide remote training to a wider audience with more flexible schedules. Notably, the Academy obtained accreditation ...

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Business & Money | Monday 24 July, 2023 8:45 am

Bena signs SAR 75 mln credit facility with SNB

Bena Steel Industries Co. signed, on July 23, a Sharia-compliant credit facility agreement worth SAR 75 million with Saudi National Bank (SNB), the company said in a statement to Tadawul today, July 24.    ...

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Business & Money | Monday 24 July, 2023 8:42 am

Leejam co-establishes Padel X Sports firm with World Wide Padel

Leejam Sports Co. (Fitness Time) established Padel X Sports Co. (a limited liability company) with SAR 50,000 capital, in partnership with World Wide Padel.   Leejam aims to invest in Padel sports in Saudi Arabia by building and operating Padel courts. The incorporation of the new...

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Business & Money | Monday 24 July, 2023 8:40 am

Naseej Tech awards Elm SAR 4.8 mln contract

Naseej for Technology Co.  awarded on July 20 a SAR 4.77 million worth project (VAT inclusive) to Elm Co. for supplying, indexing and storing information resources in public libraries.   In a statement to Tadawul today, July 24, Naseej Tech pointed out that the project relevant...

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Technology & IT | Sunday 23 July, 2023 1:07 pm

HONOR Puts User Comfort First with the Revolutionary 0 Risk Eye-Comfort Display on HONOR 90 5G

HONOR has consistently demonstrated a commitment to human-centric innovation, particularly in the field of eye care technologies, employing a scientific approach. From its inception, HONOR has maintained a longstanding partnership with TÜV Rheinland, a renowned testing institution, to ensure the...

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Business & Money | Sunday 23 July, 2023 12:55 pm

Saudi Arabia leads region in venture capital in H1 2023 at nearly about $446 mln

Saudi Arabia recorded a decline of 27% year-on-year (YoY) in venture capital (VC) to $446 million during the first six months of 2023, according to a recent report by MAGNiTT. The number of deals was also on a decline with a 44% annual retreat in H1 2023 to 54 deals. With the government...

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Business & Money | Sunday 23 July, 2023 12:38 pm

PIF Establishes Al Madinah Heritage Company to Develop and Enhance Production of Saudi Ajwa Dates

The Public Investment Fund (PIF) has announced the establishment of Al Madinah Heritage Company (“MHC” or “the Company”). The new company will play a key role in improving the quality and production capacity of Ajwa dates in the Madinah region. The launch of the Company will help further...

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