06 Dhu al-Qi'dah 1445 - 14 May 2024
    
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Eye of Riyadh

Discover Exciting AI Features That Make HONOR Magic6 Pro Worth the Upgrade
Technology & IT | Tuesday 26 March, 2024 12:01 pm
Artificial intelligence has become increasingly integrated into our daily lives, and one of the biggest news in 2024 was the launch of the HONOR Magic6 Pro, boasting a suite of AI functionalities. This groundbreaking smartphone brings the power of artificial intelligence directly to users'...
Mulkia REIT signs agreement to acquire new property in Riyadh for SAR 200M
Business & Money | Monday 25 March, 2024 11:21 am
Mulkia Gulf Real Estate REIT Fund signed an acquisition agreement to buy a new real estate property, Malathak Tower 2, in Riyadh's Al-Maathar neighborhood, Mulkia Investment Co., fund manager and operator, said in a statement to Tadawul.   Acquisition details PropertyMalathak...
Group Five signs SAR 3B contract with SWCC
Business & Money | Monday 25 March, 2024 11:06 am
Group Five Pipe Saudi Co. signed on March 24 a 22-month contract worth SAR 3 billion, including value-added tax (VAT), with Saline Water Conversion Corporation (SWCC) for the Ras Al Khair-Riyadh water transportation system project.   The contract covers the manufacture and supply of...
Rüya Riyadh unveils Saudi Arabia’s first Anatolian Iftar
Tourism & Hospitality | Monday 25 March, 2024 10:48 am
The beloved AlDabab restaurant is bringing the cherished and warm Ramadan traditions from the Turkish Peninsula to the Kingdom for the first time with a rich and generous iftar Rüya Riyadh, Saudi Arabia’s unique culinary destination bringing the rich culinary traditions and cuisine of the...
Culture Ministry to Document Saudi Sites of Famous Arab Poets
Culture & Education | Sunday 24 March, 2024 3:44 pm
The Ministry of Culture has embarked on documenting Saudi sites where Arab poets of the pre-Islamic era lived or were associated with throughout history, and making access to them easy by installing guiding signs.The project is part of the "Year of Arabic Poetry" initiative; it is carried out in...
Saudi Ceramics recommends 25% capital hike via bonus issue
Business & Money | Sunday 24 March, 2024 3:10 pm
Saudi Ceramic Co.’s (Saudi Ceramics) board of directors recommended during its meeting on March 23, a 25% capital increase through distributing bonus shares, capitalizing SAR 200 million from the retained earnings, as shown in the following table:   Capital Hike...
NWC provides opportunities for implementation of +398,000 connections to provide water and sanitation services
Business & Money | Sunday 24 March, 2024 2:01 pm
The National Water Company (NWC) has invited the national companies specializing in infrastructure implementation to participate in its investment opportunities under Phase II of the Esal “delivery in Arabic” project. NWC stated that it plans to sign a series of agreements to provide water and...
Finance Minister approves new edition of executive regulations for Zakat collection
Government | Sunday 24 March, 2024 11:01 am
The Minister of Finance has approved the executive regulations for the collection of Zakat (the 1445 H edition), which clarify all procedures related to Zakat collection, facilitate collection procedures in all business sectors, and contribute to raising the level of voluntary compliance among...
Alandalus, Sulaiman Al Habib to begin gradual ops at Jeddah hospital on March 31
Business & Money | Sunday 24 March, 2024 10:44 am
Alandalus Property Co. and Dr. Sulaiman Al Habib Medical Services Group said that Al-Fayhaa Hospital in Jeddah will open doors and start phased operations on March 31. The final license was obtained from the Ministry of Health on March 23, both companies said in separate...
ACWA Power's NOORo III in Morocco offline due to forced outage
Business & Money | Sunday 24 March, 2024 10:42 am
ACWA Power announced a forced outage at its NOORo III plant in Morocco after receiving a notice from the project’s company about a leak in the hot molten salts tank. The preliminary analysis showed that the forced outage will last until November 2024.   The preliminary estimates...
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