Business & Money | Thursday 21 March, 2024 10:34 am

Alandalus Property leases office building for SAR 114.3M

Alandalus Property Co. signed, on March 20, a lease contract for the Yasmine Alandalus office building with Expenditure & Projects Efficiency Authority at a total value of SAR 114.3 million (VAT inclusive), according to a statement to Tadawul.   The lease term will start...

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Government | Wednesday 20 March, 2024 12:39 pm

HRSD to approve new amendments to flexible, freelance work system: Report

The of Human Ministry Resources and Social Development (HRSD) is set to unveil a decision regarding amendments to the flexible and freelance work system during the coming week or after Eid Al-Fitr, the Saudi newspaper Al Eqtisadiah reported.   The newspaper stated that the...

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Business & Money | Wednesday 20 March, 2024 10:08 am

KAFD to launch electric monorail by 2026

Gautam Sashittal, CEO of King Abdullah Financial District (KAFD), said the six-station monorail will be operational by 2026, Al Eqtisadiah newspaper reported. He explained that the KAFD’s mobility strategy is based on the 10-minute city concept, where everything ...

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Business & Money | Tuesday 19 March, 2024 10:45 am

Red Sea Global Selects ACES for Cutting-Edge Digital Connectivity

ACES, an international neutral digital infrastructure company, is thrilled to announce the signing of a cooperation agreement with Red Sea Global (RSG) for implementing state of the art IBS - 4G/5G neutral mobile infrastructure, marking a significant leap forward in the company's mission to...

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Beauty & Style | Monday 18 March, 2024 7:10 pm

“Jazeera Paints” Signs a Cooperation Agreement with the Charitable Association “Tarmeem” for Renovating Needy Families Houses

“Jazeera Paints”, the leading company in the industry of paints, colors, and construction solutions, signed a cooperation agreement with the charitable association “Tarmeem” which specializes in renovating houses for needy families in Saudi Arabia, on Thursday, March 7, 2024.This agreement...

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Business & Money | Sunday 17 March, 2024 4:10 pm

Saudi Showpiece New Murabba ‘Open for International Investment’

New Murabba Development Company has made a powerful impression at the prestigious MIPIM 2024 event in Cannes, France. The event, which brings together the world's leading players in the property development sector, saw New Murabba unveil its vision for reshaping urban development, and announced its ...

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Technology & IT | Sunday 17 March, 2024 3:11 pm

ROSHN Signs MoU with the Saudi Federation for Cybersecurity

ROSHN Group, the PIF-owned giga-project and Saudi Arabia’s most trusted real estate developer, has signed a memorandum of understanding (MoU) with the Saudi Federation for Cybersecurity, Programming and Drones during LEAP, the Riyadh-based annual technology event, that aims to further national...

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Business & Money | Sunday 17 March, 2024 11:08 am

ROSHN showcases Saudi urban transformation at world’s leading real estate meeting

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...

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Business & Money | Saturday 16 March, 2024 6:38 am

Saudi Cable says unable to publish Q3 2023 financials on time

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...

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Business & Money | Saturday 16 March, 2024 6:36 am

Non-oil activities account for 50% of Saudi GDP

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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