Business & Money | Sunday 25 August, 2024 9:15 am

Naba Alsaha renews Islamic credit facilities at SAR 250M with Riyad Bank

Naba Alsaha Medical Services Co. renewed and increased Sharia-compliant credit facilities at SAR 250 million with Riyad Bank, according to a statement to Tadawul. The Islamic facilities will be used to finance the Naba Al-Saha Hospital project in Al-Munisiyah district in Riyadh. ...

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Business & Money | Sunday 25 August, 2024 9:14 am

SIDC wins SAR 5.3M purchase order to supply sanitary ware

Saudi Industrial Development Co.’s (SIDC) unit SIDC Ceramic Factory (CASAVIA) received a purchase order at SAR 5.3 million, including VAT, from ABR Contracting Co., according to a statement to Tadawul. The project award entails supplying sanitary ware to the National Housing Co.’s Murcia...

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Business & Money | Sunday 25 August, 2024 9:05 am

Opening day of New Global Sport Conference 2024 brings together thought leaders in Riyadh to shape the future of esports, gaming, sports, and entertainment

The New Global Sport Conference 2024 (NGSC) outlined Saudi Arabia’s ambition to be at the forefront of conversations about global nations and gaming and esports, as it brought together over 1,200 attendees from across the industry, sports, and entertainment.  Hosted under the theme...

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Business & Money | Saturday 24 August, 2024 3:15 pm

REGA investigates real estate broker over involvement in fraud

Tayseer Al-Mufarrej, Spokesperson for the Real Estate General Authority (REGA), said that a well-known real estate broker was investigated over involvement in fraud.   Al-Mufarrej explained on X that the broker was a victim to a scammer, who claimed to be the owner of a property with ...

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Business & Money | Saturday 24 August, 2024 3:04 pm

MultiBank Group Reports Record-Breaking $306 Million Revenue in 2023, Marking a 10% Year-on-Year Growth

MultiBank Group, one of the world's largest financial derivatives institutions headquartered in Dubai, announces its most successful financial year to date, with an impressive revenue of $306,636,717 in 2023.  Based on the latest audited financial statements, MultiBank Group achieved a...

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Business & Money | Saturday 24 August, 2024 3:03 pm

Saudi Real Estate Refinance Company" and "King Street" sign a MoU to explore new solutions in the secondary real estate financing market

The Saudi Real Estate Refinance Company (SRC), a Public Investment Fund (PIF) Company, signed a  Memorandum of Understanding (MoU) today, Wednesday, in New York City with King Street Capital Management. The agreement aims to foster cooperation and strategic partnership between the two parties...

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Government | Saturday 24 August, 2024 2:59 pm

His Highness Sheikh Saud bin Saqr Al Qasimi hosts MoU signing between AmCham Dubai and RAKEZ

His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, welcomed a high-level delegation from the American Business Council in Dubai (AmCham Dubai) and representatives from Ras Al Khaimah Economic Zone (RAKEZ), to mark the signing of a Memorandum of...

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Sports | Saturday 24 August, 2024 2:54 pm

Saudi Arabia’s hosting of Olympic Esports Games to headline discussions at the upcoming ‘New Global Sport Conference 2024’

The New Global Sport Conference (NGSC) 2024 will shine a global spotlight on the recent announcement from the International Olympic Committee (IOC) to partner with the National Olympic Committee (NOC) of Saudi Arabia for 12 years to host the Olympic Esports Games. The conference, which will...

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Sports | Saturday 24 August, 2024 2:52 pm

Ziyad Almaayouf Becomes the First Saudi Professional Boxer to Win a Match in USA at "Riyadh Season" in Los Angeles

In an unprecedented historic achievement, Ziyad Almaayouf, the first Saudi professional boxer, has secured a remarkable victory in his sixth professional boxing fight at the first Riyadh Season event abroad held outside the Kingdom, in Los Angeles, California. The event was organized under the ...

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Government | Saturday 24 August, 2024 2:51 pm

Ministry of Culture concludes fifth edition of Summer Camp offering more than 427 programmes and activities

The Ministry of Culture concluded the fifth edition of its Summer Camp on July 31, 2024. The month-long Camp began in early July to offer training and capacity-building opportunities for community members to boost their knowledge, strengthen their national identity, and develop stronger cultural...

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