Business & Money | Wednesday 9 April, 2025 9:37 am

ADES extends 3 offshore jack-up contracts in Egypt for SAR 673.5M

ADES Holding Co. received a notice of extension from the General Petroleum Co. (GPC) for three offshore jack-up rigs in Egypt for SAR 673.5 million ($179.6 million), according to a statement to Tadawul. The contracts of two rigs: Admarine III and Admarine VI will be extended for ...

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Business & Money | Tuesday 8 April, 2025 2:04 pm

WAJA wins SAR 7.6M project with Makkah Municipality

WAJA Co. was awarded, on April 7, a project to supply and install office furniture (security phase) by Makkah Municipality. In a statement to Tadawul, the company said that the total contract value stands at SAR 7.58 million, including VAT. No related parties are included in the deal,...

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Business & Money | Tuesday 8 April, 2025 2:02 pm

SRMG launches SRMG Media Solutions

Saudi Research and Media Group (SRMG) launched SRMG Media Solutions (SMS), a next-generation, data-driven media solutions company designed to deliver innovative, results-focused advertising strategies. SMS empowers brands to connect with over 170 million users worldwide through cutting-edge...

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Business & Money | Tuesday 8 April, 2025 1:20 pm

2P signs SAR 20M operations, maintenance deal with Sports Boulevard

Perfect Presentation for Commercial Services Co. (2P) signed a contract on March 27 to operate and maintain technical systems in Zones 1 and 5 of the Sports Boulevard Project, under a framework agreement with a financial ceiling of nearly SAR 20 million, inclusive of VAT. In a statement...

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Business & Money | Tuesday 8 April, 2025 1:17 pm

ADES renews Saudi offshore platform contract for 10 years at SAR 1.09B

ADES Holding Co. renewed the contract for one of its suspended offshore platforms in Saudi Arabia for a period of 10 years, for approximately SAR 1.09 billion ($290 million). This is one of the six platforms that were earlier suspended in Saudi Arabia, ADES said in a statement to...

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Business & Money | Tuesday 8 April, 2025 1:14 pm

ADNEC Group gears up for dynamic second quarter

Building on the success Q1, ADNEC Group continues to excel in 2025, welcoming thousands of visitors, including ministers, key decision-makers, and Heads of State to ADNEC Centre Abu Dhabi. Q2 of 2025 calendar features a diverse lineup of transformative events spanning finance, government, sports,...

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Business & Money | Tuesday 8 April, 2025 1:09 pm

E& UAE redefines 5G with 6 GHz, 600 MHz testing

Today e& UAE announced a pioneering test of the 6 GHz and 600 MHz spectrum bands, recently allocated for IMT (International Mobile Telecommunications) by the Telecommunications and Digital Government Regulatory Authority (TDRA). Achieving ultra-fast speeds of up to 10 Gbps with the power of...

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Business & Money | Tuesday 8 April, 2025 1:06 pm

Dubai Courts and the Dubai Judicial Institute Strengthen Collaboration to Achieve Swift Justice in Line with the Vision of "Leadership and Judicial Excellence for a Global City"

His Excellency Professor Dr. Saif Ghanem Al Suwaidi, Director of Dubai Courts, convened with Her Excellency Judge Dr. Ibtisam Al Badawi, Director General of the Dubai Judicial Institute, in a significant meeting aimed at reinforcing collaboration between the two entities in developing the judicial...

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Business & Money | Tuesday 8 April, 2025 12:57 pm

Kersten Group constructs state-of-the-art production facility in RAKEZ

Kersten Group, a global leader in bending and curving steel and aluminium profiles, has strengthened its presence in Ras Al Khaimah Economic Zone (RAKEZ) with its new production facility in Al Hamra Industrial Zone. This marks a major milestone in the company’s growth as it continues to support...

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Business & Money | Tuesday 8 April, 2025 12:54 pm

SEE Holding Unveils The Sustainable City 2.0 At AIM Congress 2025: A New Era of AI-Driven, Net Zero, Human-Centric Cities

SEE Holding, the sustainability-driven powerhouse behind the globally recognized model of The Sustainable City, is unveiling a revolutionary and immersive experience at in the prestigious Annual Investment Meeting (AIM) Congress 2025 in Abu Dhabi. This year, SEE Holding introduces a groundbreaking...

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