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 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 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...
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...
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 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...
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...
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 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 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...