Business & Money | Tuesday 24 March, 2026 8:59 am

GASCO signs deal to acquire 50% stake in JACKO Gases for SAR 125M

National Gas and Industrialization Holding Co. (GASCO) signed on March 16 an equity interest purchase agreement with the owner of JACKO Gases to acquire a 50% stake in the limited liability company, following a 100% capital increase.The agreement value JACKO at SAR 125 million on a pre-acquisition...

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Business & Money | Tuesday 24 March, 2026 8:51 am

solutions signs SAR 1.4B contract with Aramco for production supercomputing project

Arabian Internet and Communications Services Co. (solutions) signed a contract with Saudi Aramco for a supercomputing project dedicated to exploration and production, valued at SAR 1.4 billion (including VAT), according to a statement to Tadawul. The one-year contract...

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Business & Money | Thursday 19 March, 2026 9:34 am

ADNEC Group, EWEC partner to power ADNEC Centre Al Ain with clean energy

ADNEC Group, a Modon company, has announced a strategic partnership with Emirates Water and Electricity Company (EWEC), to power ADNEC Centre Al Ain with renewable and clean energy. Hosting over 500 events annually, the venue will now operate entirely on clean energy, resulting in zero carbon...

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Business & Money | Thursday 19 March, 2026 9:32 am

Minister of Economy and Tourism inspects food supply, procurement operations at Carrefour distribution centre

Abdulla bin Touq Al Marri, Minister of Economy and Tourism and Chairman of the Supreme Committee for Consumer Protection, conducted an extensive tour of the Carrefour distribution centre. He was received by Ahmed Galal Ismail, CEO of Majid Al Futtaim Holding, along with a number of the...

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Business & Money | Thursday 19 March, 2026 9:30 am

Abu Dhabi Customs continues to support operational sustainability, smooth cargo movement

Abu Dhabi Customs continues, in light of developments in the region, to operate in continuous coordination with strategic partners and relevant authorities to support the sustainability of operations and ensure the safety of employees and customers, while maintaining the smooth flow of cargo and...

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Business & Money | Thursday 19 March, 2026 9:20 am

Industry Minister says private sector key to tackling challenges

Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar Alkhorayef, said the leadership is committed to supporting and empowering the private sector as a key partner in economic development. This also aims to address challenges to ensure business...

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Business & Money | Tuesday 17 March, 2026 4:30 pm

THE HIDDEN COST OF POOR LEGAL STRUCTURING: HOW SMART INVESTORS PREVENT IT

In investment circles, success is usually judged by attractive numbers: alpha, exit multiples, and internal rates of return (IRR). However, a lot of value is often lost long before these metrics matter—or silently disappears in the months leading up to a major sale or IPO (liquidity event). A bad ...

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Business & Money | Monday 16 March, 2026 2:36 pm

Nigus and Elmirate announce $200m initiative to support Africa’s security sector

Nigus and Elmirate sign a strategic agreement to invest up to $200 million in building advanced defense, satellite and technology manufacturing capabilities in Nigeria.Abuja, Nigeria — Nigus International Investment Limited and Elmirate Investment LLC (Elmirate Capital) have signed a strategic...

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Business & Money | Friday 13 March, 2026 12:47 pm

BROXO Introduces Brand Update Across Water Treatment Markets

BROXO, one of Europe’s leading brands in high-quality water treatment salt, announces a comprehensive brand refresh, reaffirming its position as a trusted partner in water softening applications for nearly a century. Amersfoort - BROXO is part of Hengelo Salt Specialties and Mariager Salt...

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Business & Money | Thursday 12 March, 2026 4:07 pm

SIIG signs agreements with Shareek, Investment Ministry to enable bio-protein production

Under the patronage of the Ministry of Energy, Saudi Industrial Investment Group (SIIG) signed an agreement to join project enablement programs with the Shareek Program, which promotes partnerships with the private sector. It also signed an agreement with the Ministry of Investment to enable...

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