ROSHN Group, Saudi Arabia’s leading multi-asset class real estate developer and a PIF Company, has secured a nine billion Saudi Riyal (USD 2.4 billion) syndicated credit facility. The unsecured revolving credit facility will be for a duration of five years and is part of ROSHN’s funding...
M42’s Environmental Sciences team has won the prestigious Biotechnology - Environmental Services Award at the Middle East Technology Excellence Awards 2024 for its groundbreaking initiative, Pioneering Marine Conservation: Advanced Genomic Sequencing and AI for Sustainable Biodiversity...
Nayyer Group, a leading geotextile and carpet producer from Pakistan, is establishing its subsidiary—Nayyer Carpets—with a state-of-the-art manufacturing unit in Ras Al Khaimah. Spanning 57,000 m2, this new facility in RAKEZ Al Ghail Industrial Zone is set to manufacture a variety of products,...
In line with Abu Dhabi Fund for Development’s (ADFD) commitment to strengthening strategic partnerships with leading Emirati companies, a delegation from the Abu Dhabi Exports Office (ADEX), the export financing arm of ADFD, visited EMSTEEL Group (formerly known as Emirates Steel Arkan)....
Saudi Reinsurance Company "Saudi Re" announced the appointment of Ahmed Al-Jabr as its new Chief Executive Officer, effective October 1st, 2024. Al-Jabr, who has been with Saudi Re since 2011, previously held the position of Chief Operations Officer before being promoted to the role of Deputy...
SEE Holding, the mastermind behind The Sustainable City brand, is showcasing its pioneering solar subsidiary, City Solar, at WETEX 2024, the region’s leading exhibition for water, energy, technology, and the environment. Celebrating its 10th anniversary, City Solar will highlight its...
Moscow - As the curtains close on Paris Fashion Week, Moscow will become the global fashion hub as it hosts the BRICS+ Fashion Summit, bringing together industry leaders from the Middle East and a record 100 countries. Taking place from October 3rd to 5th, the Summit will see delegates from...
Minister of Finance Mohammed Al-Jadaan said he expects the Saudi economy to record positive growth rates during 2025 and in the medium term, thanks to the continued implementation of reforms, strategies and projects under Vision 2030. Thus, the Kingdom continues to diversify its economic base, ...
BinDawood Holding Co. signed on Sept. 30 a franchise agreement with the Regional Group Co. to open eight stores in Qatar, according to a statement to Tadawul. The franchisee is committed to establish and operate eight supermarket stores under the brand name “BinDawood”. The company...
FORM Hotel Dubai, a distinguished member of Design Hotels and part of Marriott Bonvoy, is proud to announce that it has been awarded Best Luxury Boutique Hotel at the esteemed International Travel Awards. This remarkable achievement underscores FORM Hotel’s unwavering commitment to...