Business & Money | Tuesday 14 May, 2024 7:58 am

Tawuniya board OKs repurchase of 147,400 shares for employee incentive plan

The Company for Cooperative Insurance's (Tawuniya) board of directors approved the repurchase of a maximum of 147,435 of the company’s shares, to be allocated for the employee long-term stock incentive plan, according to a statement to Tadawul today, May 12. The buyback will...

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Business & Money | Tuesday 14 May, 2024 7:55 am

“Taiba Investments” Inks 4 Strategic Agreements Aiming to Enhance Customer Experience and Operational Excellence at the Arabian Travel Market 2024

Standing out at the recently-held Arabian Travel Market 2024 in Dubai from 6 to 9 May, Taiba Investments, the leading Saudi hospitality company boasting a proven track record in managing, developing, and operating hotels and residential compounds across the Kingdom, announced the signing of a...

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Business & Money | Tuesday 14 May, 2024 7:18 am

NWC started implementing 9 projects in Madinah at some 500m SR

The National Water Company (NWC), represented by the Northwest Cluster, announced the launch of the implementation of 9 water and sanitation projects in different locations in Madinah Region, at a cost of about 500 million Saudi Riyals (SR), in order to increase the coverage of services, increase...

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Business & Money | Tuesday 14 May, 2024 7:10 am

Qualified investors start subscription to 500,000 Horizon Educational shares on Nomu

Qualified investors start today, May 12, subscription to 500,000 shares of Horizon Educational Co., which is scheduled to list on the Nomu-Parallel Market at a price range of SAR 54 per share. Shares offered for subscription represent 20% of the post-IPO capital and 25% of the company’s...

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Technology & IT | Tuesday 14 May, 2024 7:06 am

Cisco Study Reveals 98% of KSA Organizations Uses AI Technologies in their Cybersecurity Strategies to Address the Evolving Threat Landscape

A recent study conducted by Cisco (NASDAQ: CSCO) highlights a significant surge in the use of AI technologies in cybersecurity strategies among KSA organizations. The study indicates that 98% of companies surveyed are integrating AI in their security defenses, mainly in threat detection, response,...

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Business & Money | Tuesday 14 May, 2024 12:37 am

To Accelerate Kingdom-Wide Digital Transformation and Drive Objectives of Saudi Vision 2030:

Riyad Capital has announced the launch of the "1957 Ventures" fund, a closed-end investment fund backed by Riyad Bank to drive transformative growth in Saudi Arabia's FinTech sector, in line with the objectives of Saudi Vision 2030 and the Financial Sector Development Program. The launch of...

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Business & Money | Tuesday 14 May, 2024 12:24 am

Saudi Moving and Logistics Companies Showcase Significant Presence on the Global Stage

 In a new step to strengthen its presence on the international stage, Four Winds Saudi Arabia Limited, Four Winds Saudi Arabia Limited, a Saudi leader in comprehensive and integrated moving and logistics services since 1979, today announced its participation as a Principal Sponsor at the 2024...

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Technology & IT | Monday 13 May, 2024 1:05 pm

HONOR Prioritizes Environmental Care & Sustainability in Manufacturing the HONOR Magic V2

In a time where environmental awareness is crucial, HONOR shines as a symbol of eco-consciousness in smartphone production. Through the development of the HONOR Magic V2, the company has made substantial efforts to reduce its environmental impact while enhancing user satisfaction. Here's how HONOR...

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Beauty & Style | Monday 13 May, 2024 11:26 am

How to Renew the Appearance of Old Wood Yourself with the Safe Paint “Wood Elegance”

 Wood paints are considered one of the most important elements of interior design and decoration, aiming to achieve an elegant and natural appearance for furniture and wooden surfaces. Among these paints, wood paint plays a crucial role, and the “Jazeera Paints” water-based paint product...

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Business & Money | Monday 13 May, 2024 8:56 am

First Mills completes buyback of 300,000 shares for employee share scheme worth SAR 25.4M

First Milling Company (First Mills), a market-leading player in the Kingdom's milling industry, completed the buyback of 300,000 shares (representing 0.54% of its shares) to be allocated for the employee share scheme. According to a statement on Tadawul, the deal is valued at SAR 25.36...

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