Business & Money | Monday 2 December, 2024 9:24 am

Alkhorayef Water bags SAR 58.8M contract from Saudi Water Authority

Alkhorayef Water and Power Technologies Co. (AWPT) was awarded on Nov. 28, a 24-month contract to operate and maintain water treatment plants at Wadi ad-Dawasir, Alsalil, Al Safa in Najran, and Alwajid. The contract from Saudi Water Authority (SWA) is valued at SAR 58.8 million, excluding ...

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Business & Money | Monday 2 December, 2024 9:10 am

Tanmiah unit signs contract to buy SAR 143M factory

Tanmiah Food Co. announced that its subsidiary, Agricultural Development Co., signed a contract with Dajen Poultry Co. to purchase a new primary processing plant and land in Saudi Arabia for SAR 143 million. ...

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Business & Money | Monday 2 December, 2024 8:25 am

SMASCO wins SAR 84.8M project from HRSD Ministry

Saudi Manpower Solutions Co.’s (SMASCO) subsidiary, Saudi Logistic Services Co., has been awarded a project by the Ministry of Human Resources and Social Development (HRSD) worth an estimated SAR 84.8 million, including value-added tax. In a statement to Tadawul, SMASCO said the...

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Business & Money | Sunday 1 December, 2024 10:28 am

sirar by stc and NWC agree to Enhance Operational Technology Network Infrastructure

The National Water Company (NWC) and Advanced Technology and Cybersecurity Company (SIRAR), a subsidiary of STC Group, have signed an agreement to enhance the operational technology network in the water sector infrastructure.  The agreement is concluded under the cooperation between the two...

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Business & Money | Sunday 1 December, 2024 10:22 am

For the fourth time SIMEC 2025 opens it’s doors on February 3, 2025, in the Kingdom of Saudi Arabia

Saudi Arabia is set to host its largest exhibition focused on sustainable seafood production, the Saudi International Marine Exhibition (SIMEC), from 3-5 February 2025. The event, now in its fourth edition, is expected to attract over 12,000 attendees and aims to showcase the country’s strides in ...

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Business & Money | Sunday 1 December, 2024 10:15 am

Saudi Water Partnership Company Forum and Award Ceremony to Foster Sustainable Collaboration in Water Sector

The Saudi Water Partnership Company (SWPC) is set to host an exclusive one-day forum on December 1, 2024, at the Fairmont Hotel in Riyadh. This premier event will gather key stakeholders, industry leaders, government officials, and corporate executives in the water sector to engage in high-level...

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Business & Money | Sunday 1 December, 2024 9:47 am

28th World Investment Conference in Riyadh Concludes with Calls for International Collaboration, Innovation, and Sustainability.

International collaboration, innovation and sustainability were the key themes of the 28th World Investment Conference (WIC28), hosted by Invest Saudi and the World Association of International Promotion Agencies (WAIPA) that concluded in Riyadh this week.  Commenting on the success of...

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Sports | Saturday 30 November, 2024 2:52 pm

Saudi Arabia secures highest ever score in bidding for FIFA World Cup 2034

The Fédération Internationale de Football Association (FIFA) stated that the Kingdom's bid to host the FIFA World Cup™ 2034 received a rating of 419.8 out of 500, the highest technical rating ever given by FIFA to a file submitted to host the event.   This reflects the...

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Business & Money | Saturday 30 November, 2024 2:47 pm

Saudi banks among most profitable globally, tapping international markets not an issue: Al-Jadaan

Saudi banks are among the most profitable globally, Minister of Finance, Mohammed Al-Jadaan, said.   He added that Kingdom's banking sector is ranked among the top five strongest banking sectors in the world. This ranking is based on international data and assessments from the...

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Business & Money | Friday 29 November, 2024 7:15 am

LuLu Retail opens Al Fakhriya store in Saudi Arabia

Lulu Retail Holdings inaugurated its new Al Fakhriya store in Dammam, Saudi Arabia. The Fakhriya store is its 57th location in the Kingdom, the company said in a statement. LuLu continues to work towards its plan to open more than 10 additional stores in Saudi Arabia during 2024, with...

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