Business & Money | Tuesday 24 December, 2024 10:36 am

Jana Medical secures SAR 76.1M credit facility with Riyad Bank

Jana Medical Co. signed, on July 9, an Islamic financing agreement worth SAR 76.05 million with Riyad Bank, according to a statement to Tadawul today, Dec. 23. The financing is aimed to fund a project entailing the supply of 120 ambulances to government health authorities in coordination with...

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Business & Money | Tuesday 24 December, 2024 9:48 am

NWC created a guide to verifying meter information on our official website

The National Water Company (NWC) has dedicated a web page on its official website as a guide. It includes frequently asked questions “FAQs” of its customers about verifying the information of water service meters. This is done under the initiative to verify meters and link them to the national...

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Business & Money | Monday 23 December, 2024 10:14 am

Savola to repurchase additional SAR 81M sukuk

Savola Group announced today, Dec. 22, its plan to buy back an additional SAR 81 million worth of sukuk from its SAR 1 billion issuance in 2019, maturing in 2026. In a statement to Tadawul, the company said this would increase the total redeemed sukuk to 94% of the SAR 1 billion initially...

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Business & Money | Monday 23 December, 2024 10:12 am

Banan board approves 23% stake purchase in Qimam for SAR 16.3M

Banan Real Estate Co. and its subsidiary, Al-Aziza Real Estate Development and Investment Co., secured board approval to acquire stakes in Qimam Noshoz Real Estate Development Co., a simplified joint-stock company. The transaction will be financed using a mix of the company's and subsidiary's...

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Technology & IT | Sunday 22 December, 2024 3:26 pm

HONOR Announces End of Year Sale With Unbeatable Discounts For Maximum Savings

Global technology brand HONOR today announced its highly anticipated End of Year sale, offering exceptional deals and savings across its most popular products. From December 23rd to December 31st, 2024, customers can enjoy exclusive discounts of up to SAR 1,000 on a range of HONOR’s flagship...

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Business & Money | Sunday 22 December, 2024 8:11 am

NWC explains the benefits and mechanism of verifying water meter information

The National Water Company (NWC) confirmed that the initiative to verify water meter data is characterized by ensuring that it is linked to the actual beneficiary, be it the owner or the tenant. It preserves their rights, helps them manage all services associated with the account, contributes to...

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Business & Money | Sunday 22 December, 2024 8:05 am

Saudi Arabia’s Emerging Leaders Drive Impact Across Sectors Through BCG’s Jeel Tamooh Program

Boston Consulting Group's (BCG) Jeel Tamooh program, launched in 2019, has empowered over 150 of Saudi Arabia’s brightest university students through a six-month journey of mentorship and hands-on learning. The program develops leadership, professional, and interpersonal skills essential for...

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Business & Money | Friday 20 December, 2024 6:51 am

Tharwah inks MoC with HRDA, Ta’alum Education Support Association

Altharwah Albashariyyah Co. (Tharwah) signed a joint memorandum of cooperation (MoC) with the Hail Region Development Authority (HRDA) and the Ta’alum Education Support Association.   The MoC runs for one calendar year, commencing from the date of signing by all parties. It will...

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Business & Money | Friday 20 December, 2024 6:03 am

Theeb opens new branch in Makkah

Theeb Rent a Car Co. inaugurated a new branch in Al Nawariya, Makkah. This expansion brought the total number of Theeb’s branches in the Western Province to 17 and 61 across the Kingdom, according to a statement to Tadawul today, Dec. 19. The company said...

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Business & Money | Thursday 19 December, 2024 11:36 am

Shalfa wins SAR 7.1M project from NWC

Shalfa Facilities Management Co. said it won a project worth SAR 7.1 million, excluding value-added tax (VAT), from the National Water Co. (NWC). In a statement to Tadawul, the company said that the project includes supplying and operating equipment for the inspection of sewage...

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