Business & Money | Saturday 22 July, 2023 7:16 am

ACRSD issues SAR 1.2 bln fines on Dar Al Arkan traders for violations

The General Secretariat of the Committees for Resolution of Securities Disputes (GS-CRSD) announced the issuance of the Appeal Committee for the Resolution of Securities Disputes' (ACRSD) final decision in the public penal case filed by the Public Prosecution against some traders of Dar Al Arkan...

More Details

Environment & Energy | Saturday 22 July, 2023 7:12 am

Aramco buys 10% stake in China's Rongsheng

Saudi Aramco announced today, July 21, successfully closed a landmark transaction to acquire a 10% interest in China’s Rongsheng Petrochemical Co. Ltd. for RMB 24.6 billion ($3.4 billion), through its subsidiary Aramco Overseas Company BV, based in the Netherlands.   In an...

More Details

Technology & IT | Friday 21 July, 2023 12:51 am

Schneider Electric Partners with Intel and Applied Materials to Help Decarbonize the Semiconductor Value Chain with New Catalyze Program

Schneider Electric, the leader in the digital transformation of energy management and automation, today launched Catalyze, a new partnership program aimed at accelerating access to renewable energy across the globalsemiconductor...

More Details

Government | Friday 21 July, 2023 12:44 am

Saudi Minister of Economy and Planning holds meetings with ministers and heads of delegations and IGOs at the High-level Political Forum 2023

His Excellency the Minister of Economy and Planning, Faisal F. Alibrahim, met with delegation leaders, ministers and heads of international organizations (IGOs) on the sidelines of the High-level Political Forum (HLPF) at the United Nations. These meetings enabled discussions about topics of common ...

More Details

Business & Money | Friday 21 July, 2023 12:43 am

EIH Ethmar International Holding Acquires Stake in Nirvana Holding

EIH Ethmar International Holding PJSC and Nirvana Holding, two leading companies based in Abu Dhabi, have announced a strategic acquisition deal, through which EIH acquired a stake in Nirvana Holding. This acquisition aims to strengthen Abu Dhabi's position as a leading tourist destination and ...

More Details

Culture & Education | Friday 21 July, 2023 12:43 am

DGDA and King Saud University Strengthen Their Partnership

Diriyah Gate Development Authority has signed a Memorandum of Understanding (MoU) with King Saud University to enhance cooperation between the two parties and collaboration on the future development of both masterplans. Signed by Jerry Inzerillo, GCEO of DGDA, and His Excellency Professor Dr....

More Details

Healthcare | Friday 21 July, 2023 12:41 am

Tibbiyah signs MoU with Al-Hammad Medical for potential acquisition

Arabian International Healthcare Holding Co. (Tibbiyah) signed on July 19 a non-binding memorandum of understanding (MoU) with Al-Hammad Medical Services Co. for the potential acquisition of 100% of Al-Hammad’s shares.   The MoU will enter into force from its signing date and...

More Details

Business & Money | Friday 21 July, 2023 12:37 am

PIF signs MoU with Japanese firm to explore green hydrogen projects

The Public Investment Fund (PIF) signed a non-binding memorandum of understanding (MoU) with Japan's JERA Co. to boost cooperation.   The move also aims to explore opportunities for developing green hydrogen projects, the fund tweeted.   Source : Argaam ...

More Details

Technology & IT | Friday 21 July, 2023 12:21 am

Beyond Traditional Means: Rethinking Transportation for Tomorrow

The world of travel is often at a point that could be incredibly transformative, and now is such a time. As transportation dynamics continue to evolve, they are set to shape things in profound and unprecedented ways. From traditional modes to emerging tools, the way we explore the...

More Details

Healthcare | Friday 21 July, 2023 12:20 am

M42 and QST Collaborate to Share Research on Carbon Ion Therapy

M42, an Abu Dhabi-based tech-enabled healthcare company, signed a Memorandum of Cooperation (MoC) with Japan’s National Institutes for Quantum Science and Technology (QST). The agreement, inked during the visit of Japan's Prime Minister Fumio Kishida, aims to share research around carbon ion...

More Details