Business & Money | Saturday 27 January, 2024 12:30 am

AD Ports Group launches Abu Dhabi Knowledge Bridge

Abu Dhabi Ports Group (AD Ports), a global leader in logistics, industry, and trade, has launched the Abu Dhabi Knowledge Bridge (ADKB), an education centre aimed at transforming corporate training and professional development across Abu Dhabi and the wider region.ADKB’s programmes of study are...

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Business & Money | Saturday 27 January, 2024 12:26 am

Saudi Real Estate Market to allow selling property at auction: Official

The Saudi Real Estate Market plans to launch a new product that can be auctioned off by a property owner. Development is underway and new amendments will be made periodically, General Supervisor Ahmed Al-Salman told Asharq News.   The Saudi Real Estate Market will also roll out a new ...

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Environment & Energy | Saturday 27 January, 2024 12:24 am

OPEC+ unlikely to decide oil policy on Feb 1: Report

OPEC+ will likely decide its oil production levels for April and beyond in the coming weeks, Reuters reported, citing OPEC+ sources.   A meeting of the Joint Ministerial Monitoring Committee (JMMC) next Thursday would take place too early to take decisions on further output...

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Business & Money | Saturday 27 January, 2024 12:21 am

Saudi Arabia ranks 1st on 2024 Edelman Trust Barometer

The 2024 trust barometer reported that 86% of Saudis trusted their government, compared to 83% a year earlier.   The Kingdom also took the fourth place globally on the index of trust in the business sector and came seventh on the index of trust in media.   The survey...

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Business & Money | Saturday 27 January, 2024 12:18 am

PIF prices international bond offering at SAR 18.75B

The Public Investment Fund (PIF) completed the pricing of a $5 billion (SAR 18.75 billion) Reg S international bond offering. The offering was over five times covered, attracting orders worth $27 billion (over SAR 10 billion).   In an emailed statement to Argaam, PIF said the...

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Business & Money | Friday 26 January, 2024 12:57 pm

National Biotechnology Strategy ‘key pillar’ to achieve pharmaceutical, health security: Official

The National Biotechnology Strategy will be a key pillar in achieving the goals of the Vaccines and Biopharmaceutical Industry Committee, to achieve pharmaceutical and health security in Saudi Arabia, Nizar Al Hariri, Advisor to Minister of Industry and Minerals, and...

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Business & Money | Friday 26 January, 2024 12:54 pm

Aramco eyes business expansion, acquisitions in China and India

The big growth markets for Saudi Aramco are China, India and southeast Asia, Bloomberg reported, citing Mohammed Al Qahtani, Downstream President at Saudi Aramco.   The world’s largest oil producer is seeking refining and chemicals deals in Asia as it looks to expand its projects...

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Government | Friday 26 January, 2024 12:51 pm

Crown Prince launches National Biotechnology Strategy

Crown Prince Mohammed bin Salman announced today, Jan. 25, the launch of the National Biotechnology Strategy. The strategy aims to enhance the Kingdom’s leading position in the sector, as a key enabler that will strengthen national health resilience and raise the quality of life. It will...

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Business & Money | Friday 26 January, 2024 9:59 am

SEVEN to build Formula E Karting attractions in Saudi Arabia

Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), teamed up with Formula E to build the world’s first Formula E branded indoor Karting attraction across multiple destinations in Saudi Arabia.   In an emailed statement to Argaam,...

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Environment & Energy | Friday 26 January, 2024 2:57 am

NWC completes Phase II of water network project in Najran

The National Water Company (NWC), represented by the Najran Water Business Unit (CBU), announced the completion of Phase II of the drinking water network project in the region, at a cost of approximately 26 million Saudi Riyals. This project aims to increase the company's operational efficiency,...

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