Business & Money | Saturday 7 October, 2023 5:52 am

PCFC Discusses Practices to Boost Trade through Wooden Dhows along with Vegetables and Fruits Sector

The Ports, Customs and Free Zone Corporation, represented by the Marine Agency for Wooden Dhows, held a meeting with fruit and vegetable merchants in the Hamriyah Market in the Emirate of Dubai, within the framework of strengthening relations between the Marine Agency for Wooden Dhows and its...

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Business & Money | Saturday 7 October, 2023 5:37 am

SASCO opens 4 stations in Riyadh, Jazan, Al Khobar

Saudi Automotive Services Co. (SASCO) launched four new stations in Riyadh, Jazan and Al Khobar, the company said on messaging platform X.   This includes King Faisal Road station, Jazan; Abu Bakr Al-Siddiq Road station, Afif Governorate; King Abdul Aziz Road station, Al-Arid...

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Business & Money | Friday 6 October, 2023 6:14 am

Saudi Arabia records 163,400 Zakat, tax, customs claims until September

The total number of Zakat, tax and customs claims amounted to more than 163,420 until September 2023, according to data issued by the General Secretariat of Zakat, Tax and Customs Committees. Riyadh topped the Saudi regions in terms of the number of Zakat, tax and customs claims with about...

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Business & Money | Friday 6 October, 2023 6:11 am

Emaar EC reappoints Fahad Al-Saif as Chairman, Jamal Bin Theniyeh as Vice Chairman

Emaar The Economic City Co.’s (Emaar EC) board of directors reappointed Fahad Al-Saif (non-executive member) as Chairman and Jamal Bin Theniyeh (non-executive member) as Vice Chairman, the company said in a statement on the Saudi Exchange (Tadawul) today, Oct. 5.   In addition, the ...

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Business & Money | Friday 6 October, 2023 6:04 am

AWPT to set up limited liability company in Riyadh

Alkhorayef Water and Power Technologies Co.’s (AWPT) board of directors approved, on Oct. 4, to set up a limited liability company (LLC) in Riyadh, according to a statement to Tadawul.   The new entity will be capitalized at SAR 100,000 and will be fully owned by AWPT. It will...

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Business & Money | Friday 6 October, 2023 6:02 am

Saudi Steel Pipe, Aramco sign SAR 62.8 mln supply contract

Saudi Steel Pipe Co. (SSP) won a SAR 62.8 million contract to supply oil and gas steel pipes to Saudi Aramco. In a statement to Tadawul, SSP said the 10-month contract was signed today, Oct. 5. The relevant financial impact is expected to show in Q3 2024. There are no...

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Business & Money | Friday 6 October, 2023 5:59 am

Saudi Arabia records highest travel surplus in balance of payments in H1 2023

The Ministry of Tourism revealed that Saudi Arabia reported the highest-ever semi-annual surplus for the travel item in the balance of payments (BOP) during the first half of 2023. The surplus rose to nearly SAR 40 billion, supported by the significant growth in the spending by visitors of about...

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Business & Money | Friday 6 October, 2023 5:48 am

Expo Centre Sharjah takes part in GCC’s first-ever UFI Expert Day in Bahrain

The GCC’s first-ever UFI Expert Day has been hosted at Bahrain International Exhibition & Convention Centre, witnessing active participation from Expo Centre Sharjah. Representing the centre was Saif Mohammed Al Midfa, CEO of Expo Centre Sharjah, Chairman of the Arab Union for Exhibitions,...

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Business & Money | Friday 6 October, 2023 5:42 am

MoIAT convenes German industrial companies to explore investment opportunities at ADIPEC 2023

The Ministry of Industry and Advanced Technology (MoIAT) held round table for German companies to highlight the UAE’s value proposition and strengthen collaboration in the industrial sector.The sessions introduced investors to incentives available in the UAE that enable and cultivate sustainable...

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Business & Money | Friday 6 October, 2023 1:52 am

“Unlocking Sustainable Transformation: Breaking Barriers, Creating Solutions”

The Year of Sustainability in the UAE witnessed the celebration of a significant milestone when the 10th Arabia CSR Forum was convened by the Arabia CSR Network on October 3-4 under the patronage of the Ministry of Climate Change and Environment at Hotel Anantara Downtown in Dubai,...

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