23 Rajab 1446 - 22 January 2025
    
Sign up for newsletter
Eye of Riyadh

RIBA strengthens Gulf presence and partnerships
Business & Money | Thursday 28 November, 2024 4:44 pm
As part of its work to promote architectural excellence and grow its global membership, the Royal Institute of British Architects (RIBA) has been taking steps to strengthen its presence and strategic partnerships in the Gulf. This work coincides with the 15th anniversary of the RIBA Gulf...
Brand Finance names ADNOC most valuable brand at $18.9 billion
Business & Money | Wednesday 22 January, 2025 10:06 am
ADNOC has retained its position as the UAE's most valuable brand for an extraordinary seventh consecutive year, according to a new report from Brand Finance, the world's leading independent brand valuation consultancy. ADNOC's brand value increased by 25% year-on-year to reach $18.9 billion in ...
Sharjah Chamber, Indian state of Kerala discuss enhancing cooperation
Business & Money | Wednesday 22 January, 2025 10:04 am
The Sharjah Chamber of Commerce and Industry (SCCI) explored avenues of cooperation with the Indian state of Kerala in several key economic sectors of shared interest. The discussions focused on fostering joint efforts in the field of international commercial arbitration with a view to...
Domotex Middle East to launch on April 22 in Dubai
Business & Money | Wednesday 22 January, 2025 10:02 am
Building on the resounding success of its 2024 edition, DOMOTEX Middle East is set to return to the Dubai World Trade Centre (DWTC) from 22 to 24 April 2025, promising an expanded showcase of cutting-edge flooring innovations and timeless craftsmanship. DOMOTEX Middle East 2025 will build on...
Egypt’s Civil Aviation Minister, UAE delegation discuss boosting cooperation
Business & Money | Wednesday 22 January, 2025 9:55 am
Egypt’s Minister of Civil Aviation Dr. Sameh Elhefny held talks with a UAE delegation led by Mohammed Abdullah Al-Salami, Chairman of the Fujairah Department of Civil Aviation and Deputy Chairman of the Board of Directors of the General Civil Aviation Authority, and Mohammed Abdulla Lengawi,...
S&P places 'BB-' credit rating on Cenomi Centers $1.6B sukuk
Business & Money | Wednesday 22 January, 2025 9:50 am
S&P Global Ratings placed “BB-” rating on Arabian Centres Co. (Cenomi Centers) for two of its current sukuk issuances, totaling $1.585 billion. The ratings apply to the second sukuk (2026) and the third sukuk (2029). The second sukuk, due in October 2026, is valued at $875 million,...
Elm inks deal to acquire PIF’s Thiqah for SAR 3.4B
Business & Money | Wednesday 22 January, 2025 9:46 am
Elm Co. signed on Jan. 21 a share sale and purchase agreement (SPA) with the Public Investment Fund (PIF) allowing the Tadawul-listed firm to acquire the fund’s entire stake of 45,000 shares or 100% of Thiqah Business Services Co. for SAR 1,000 per share. The deal is valued at SAR 3.4...
Jeddah Tower to see SAR 100B investments upon completion: KHC Chairman
Business & Money | Wednesday 22 January, 2025 9:42 am
Prince Al Waleed bin Talal, Chairman of Kingdom Holding Co. (KHC), said Jeddah Tower is poised to see more than SAR 100 billion in investments upon completion, Al Watan Newspaper reported. He added that the tower is expected to be home to 75,000-100,000 residents. The project has been...
BAAN Holding awarded SAR 436M catering services project
Business & Money | Wednesday 22 January, 2025 9:31 am
BAAN Holding Group Co. announced receiving a project award to provide catering services at a residential complex in Neom, managed by Almutlaq Real Estate Investment Co’s (AREIC) subsidiary, Al-Mutlaq Services, with an estimated value of approximately SAR 436 million. In a statement to...
Tharwah awarded SAR 9.8M project by government entity
Business & Money | Wednesday 22 January, 2025 9:29 am
Altharwah Albashariyyah Co. (Tharwah) received on Jan. 21 an award notification from a government entity for a project worth SAR 9.83 million, inclusive of value-added tax. In a statement to Tadawul, the company pointed out that the contract is expected to be signed on Feb. 23. The...
TAM receives SAR 24.8M purchase order from government entity
Business & Money | Wednesday 22 January, 2025 9:24 am
TAM Development Co. received a purchase order for a project worth SAR 24.8 million, within the framework agreement concluded with a government agency, according to a Tadawul statement. The order is valid for 12 months, the company said, adding that there are no related parties to the...
ADD TO EYE OF Riyadh
MOST POPULAR