Business & Money | Thursday 29 August, 2024 11:58 am

Petro Rabigh signs modified agreements on revolving shareholders loans of Aramco, Sumitomo

Rabigh Refining and Petrochemical Co. (Petro Rabigh) signed, on Aug. 28, modified agreements on revolving shareholders loans (RSLs) provided by its founding shareholders, Saudi Aramco and Sumitomo Chemical Co., which were previously announced by Petro Rabigh on Oct. 1, 2020. Under these...

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Technology & IT | Thursday 29 August, 2024 10:51 am

HONOR Announces the Pre-order of the Thinnest & Lightest AI Foldable Phone HONOR Magic V3

Global technology brand HONOR announced the pre-order of the next generation of its flagship foldable, the HONOR Magic V3. Following the hugely successful HONOR Magic V2, the HONOR Magic V3 raises the bar even higher by combining a new levels of slimness, style, performance, and cutting-edge AI...

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Business & Money | Thursday 29 August, 2024 10:41 am

MoEI collaborates with RAK Petroleum Authority to drive transition to sustainable energy

The Ministry of Energy and Infrastructure (MoEI) and the Ras Al Khaimah Petroleum Authority (RAKPA) have entered into a Memorandum of Understanding to strengthen their partnership within the energy sector. The MoU was signed by Sharif Al Olama, Undersecretary for Energy and Petroleum Affairs...

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Business & Money | Thursday 29 August, 2024 10:33 am

Rasan subsidiary gets IA nod to provide insurance for leased cars

Rasan Information Technology Co.’s (Rasan) subsidiary, Tameeni, received, on Aug. 19, the approval of the Insurance Authority (IA) to sell a comprehensive insurance product specifically designed for leased vehicles, according to a statement to Tadawul. The new product will allow Tameeni to...

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Business & Money | Thursday 29 August, 2024 10:31 am

Elm inks partnership agreement with Al-Ahsa Development Authority

Al-Ahsa Development Authority signed a partnership agreement with Elm Co., under which the company will provide consulting services related to building digital capabilities, enabling the digital transformation process in the Authority, and providing the skills and competencies necessary to develop...

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Business & Money | Thursday 29 August, 2024 10:27 am

Boulevard Business Park launched in Riyadh with over SAR 1B investments

Turki Al-Sheikh, Chairman of the General Entertainment Authority (GEA), announced the launch of Boulevard Business Park within Boulevard City, as a first phase of the urban plan to redevelop and reorganize the Boulevard District. The project’s investments exceed SAR 1 billion, Al-Sheikh said ...

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Business & Money | Thursday 29 August, 2024 10:17 am

Tibbiyah’s Premma signs SAR 187.6M contract with NUPCO

Arabian International Healthcare Holding Co.’s (Tibbiyah) subsidiary, Premma (International Medical Supplies) signed on Aug. 28, a custom-made contract worth SAR 187.6 million from National Unified Procurement Co. (NUPCO), for tender No. NPT0054/20. The company said in a statement on Tadawul ...

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Business & Money | Thursday 29 August, 2024 10:12 am

Dubai AI Campus and Google Cloud Announce Collaboration to Support Startup Ecosystem

Dubai AI Campus, the largest dedicated cluster of AI companies in the region at the DIFC Innovation Hub, home to the first and largest financial technology accelerator in the Middle East, and Google Cloud today announced a collaboration agreement aimed at fostering the growth of the startup...

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Business & Money | Thursday 29 August, 2024 10:10 am

Ajman Department of Finance Completes 1,115 Training Hours Aligning with Ajman Vision 2030 and UAE Centennial 2071

Reflecting its dedication to enhancing and expanding human capital in the emirate, the Department of Finance in Ajman has made significant strides in equipping individuals with essential skills for future economic success. In alignment with Ajman Vision 2030 and the UAE Centennial 2071, the...

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Business & Money | Thursday 29 August, 2024 10:09 am

Azizi Developments, Danfoss partner across various Dubai projects

Azizi Developments, a leading private developer in the UAE, has announced its partnership with Danfoss, the internationally renowned manufacturer of heating, cooling, drives, and hydraulic systems for the supply of top-tier BTU meters across various projects in Dubai South, MBR City, Dubai Studio...

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