Environment & Energy | Wednesday 14 June, 2023 9:06 am

Veolia and partners reach Financial Close for the largest Hazardous Waste Treatment Facilities in the Middle East

The consortium of Veolia, ADQ, an Abu Dhabi-based investment and holding company, and Vision Invest, has satisfied all conditions and regulatory approvals and reached financial close for the acquisition of two hazardous industrial waste treatment plants in Al Ruwais Industrial City, UAE, from ADNOC ...

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Culture & Education | Wednesday 14 June, 2023 9:03 am

Misk Foundation Graduates 20 Startups in the Fourth Cohort of Misk Accelerator

The Mohammed bin Salman Foundation “Misk” has announced the graduation of 20 tech startups from the fourth cohort of the "Misk Accelerator" program in collaboration with the global innovation platform "Plug and Play." The graduation of the fourth cohort of the accelerator took place during ...

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Business & Money | Wednesday 14 June, 2023 8:57 am

Kafalah to offer SAR 12.7 bln SME guarantees in 2023: CEO

The Small and Medium Enterprises Loan Guarantee Program (Kafalah) aims to offer SAR 12.7 billion worth of SME credit guarantee financing in 2023, CEO Homam Hashem told Argaam in an interview.   The top executive added that the value of loan guarantees granted to SMEs in the first...

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Government | Wednesday 14 June, 2023 8:54 am

Crown Prince: Civil transactions law ‘major shift’ in specialized laws system

Crown Prince Mohammed bin Salman announced the Cabinet’s approval on the civil transactions law, after completing the regulatory measures.   He also thanked the Saudi King for his support for developing the legislative system, which will be reflected on national...

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Technology & IT | Wednesday 14 June, 2023 8:47 am

Schneider Electric and Royal Commission for AlUla Sign MoU to accelerate adoption of advanced technologies and sustainable energy management solutions

Schneider Electric, the global leader in the digital transformation of energy management and automation, has signed a Memorandum of Understanding (MoU) with the Royal Commission for AlUla (RCU) to provide state-of-the-art technology in AlUla Schneider...

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Environment & Energy | Tuesday 13 June, 2023 5:02 pm

Schneider Electric begins largest-ever technology showcase in Saudi Arabia

Schneider Electric, a global leader in the digital transformation of energy management and automation, kicked off its largest-ever technology showcase in the Kingdom during the inaugural Saudi Arabia Innovation Summit. The summit welcomed government officials, diplomats and global business...

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Business & Money | Tuesday 13 June, 2023 4:05 pm

Forbes Middle East Reveals The Region’s Top 100 Listed Companies

Forbes Middle East has revealed its flagship ranking of the Middle East’s Top 100 Listed Companies for 2023, highlighting the region’s biggest public companies.  To construct the list, Forbes Middle East compiled data from listed stock exchanges in the Arab world and ranked companies...

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Business & Money | Tuesday 13 June, 2023 4:01 pm

SNC-Lavalin awarded district cooling services contract for King Salman Park in Saudi Arabia

SNC-Lavalin, a fully integrated professional services and project management company with offices around the world, has been awarded a district cooling services contract by Green Park Cooling Company, a subsidiary of Saudi Tabreed, a leading provider of sustainable district cooling schemes for some ...

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Business & Money | Tuesday 13 June, 2023 3:57 pm

JAGGAER event to help Middle East & African clients future-proof their business through Autonomous Commerce

 JAGGAER, the global leader in Autonomous Commerce, today hosted its annual regional User Group event at the prestigious Address Boulevard Hotel, Dubai.   Customers and clients from across the Middle East and Africa gathered to discover and explore best practices around the new...

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Business & Money | Tuesday 13 June, 2023 3:46 pm

Red Sea International completes 51% stake acquisition in First Fix

Red Sea International (RSI) announced the acquisition of 51% of the share capital of The Fundamental Installation for Electric Work Company Ltd, First Fix, by means of cash consideration. The agreement was executed on Tuesday in Riyadh. The acquisition closure will be subject to satisfaction of...

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