18 Ramadan 1445 - 28 March 2024
    
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Eye of Riyadh

ROSHN showcases Saudi urban transformation at world’s leading real estate meeting
Business & Money | Sunday 17 March, 2024 11:08 am
ROSHN Group, Saudi Arabia’s leading real estate developer and PIF-owned giga-project, showcased the Kingdom’s urban transformation at the world leading International Real Estate Professional Marketplace (MIPIM) in Cannes, France. Joining the ‘Invest Saudi’ pavilion, ROSHN attended as part...
Fourth phase of Azizi Developments’ Riviera marks 65% completion milestone
Business & Money | Sunday 17 March, 2024 11:00 am
Azizi Developments, a leading private real estate developer in the UAE, has accelerated the construction of the fourth phase of Riviera, Azizi’s French Mediterranean-inspired waterfront community strategically located in the highly sought-after Mohammed Bin Rashid City, amid Dubai’s most...
du and Samsung announce three-year partnership to expand business and services
Business & Money | Sunday 17 March, 2024 10:50 am
du, from Emirates Integrated Telecommunications Company (EITC), today signed a strategic a Memorandum of Understanding (MoU) with Samsung. This collaboration marks a significant milestone in the companies' relationship, allowing for expansion in the business-to-consumer (B2C) and...
Software AG honors The National Real Estate Registration Services company (RER)
Business & Money | Sunday 17 March, 2024 10:47 am
Software AG (Frankfurt MDAX: SOW) awarded ‘Excellence in Real Estate services’ to The National Real Estate Registration Services company (RER), the exclusive operator of real estate registration activities in Saudi Arabia. This award recognizes the Registry’s endeavors that improved and...
First Mills establishes new subsidiary
Business & Money | Sunday 17 March, 2024 10:39 am
First Milling Co. (First Mills) established a wholly owned subsidiary—First Food Supply Co. Ltd.—with the aim of supporting the company’s business growth and strategic goals.   In a statement on Tadawul, First Mills pointed out that the Jeddah-headquartered subsidiary has a...
NADEC, United Feed form JV in animal husbandry sector for red meat production
Business & Money | Sunday 17 March, 2024 10:26 am
National Agricultural Development Co. (NADEC) and United Feed Co., a subsidiary of Al Muhaidib Group, signed a partnership agreement to establish a joint venture (JV) in the intensive animal husbandry sector for red meat production.   The partnership aims to enhance food security,...
DEWA enhances its fruitful cooperation with Cisco
Business & Money | Saturday 16 March, 2024 6:47 am
Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), welcomed a high-level delegation from Cisco, headed by Oliver Tuszik, President of Cisco Europe, Middle East, and Africa (EMEA). The visit is in line with DEWA’s keenness to enhance cooperation with major...
UAE-US non-oil trade reached $31.4 billion in 2023
Business & Money | Saturday 16 March, 2024 6:41 am
Danny E. Sebright, President of the US-UAE Business Council, said that the volume of non-oil trade between the UAE and the United States reached $31.4 billion in 2023, and is expected to continue growing at the same pace in 2024. Sebright added, in statements to the Emirates News Agency (WAM), ...
Saudi Cable says unable to publish Q3 2023 financials on time
Business & Money | Saturday 16 March, 2024 6:38 am
Saudi Cable Co. announced its inability to disclose its preliminary financial results for the period ended Sept. 30, 2023, within the specified deadline as the auditing process has not been finalized yet.   The financials are expected to be posted on March 17, 2024, according to a...
Non-oil activities account for 50% of Saudi GDP
Business & Money | Saturday 16 March, 2024 6:36 am
Saudi Arabia's non-oil activities accounted for 50% of GDP in 2023, their highest ever level, based on the Ministry of Economy and Planning’s analysis of data issued by the General Authority for Statistics (GASTAT).   Accordingly, total non-oil economy reached SAR 1.7 trillion at...
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