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1011 - 1020 from 16601 . In "BUSINESS"
Andretti Extreme E partners With Saudi Arabian Automotive Leader to form Andretti ALTAWKILAT Extreme E
INDIANAPOLIS — Andretti Autosport has announced today that the team’s Extreme E program will partner with ALTAWKILAT, one of Saudi Arabia’s largest automotive companies, to form Andretti ALTAWKILAT Extreme E for Season 3 of the electric, off-road SUV racing series. ALTAWKILAT has been part of Andretti’s Extreme E family of partners since the 2021 inaugural season. ALTAWKILAT’s commitment to increasing awareness of the effects of global warming and climate change on ecosystems across the globe aligns with the goal of the Extreme E Championship to use electric racing to highlight remote environments under threat of climate change issues and to encourage positive action to protect the planet’s future.With over 70 years of experience in serving customers in Saudi Arabia, ALTAWKILAT...
February 20, 2023

Andretti Extreme E partners With Saudi Arabian Automotive Leader to form Andretti ALTAWKILAT Extreme E

Sidra Capital acquires The Bower Office in the UK
Sidra Capital announced the acquisition of The Bower office in Stockley Park, UK for £73.75m (circa 7% yield) from Clearbell Property Partners II LP (Clearbell) – a fund managed by Clearbell Capital LLP together with PATRIZIA – a leading partner for global investment in real assets.The Bower has set a new ESG benchmark for one of the UK’s premier business parks following a complete refurbishment. The asset is currently entirely led and occupied by Canon Europe.The sellers transformed the space into a Grade A office achieving a BREEAM rating of “Excellent” and EPC “A”, making its ESG credentials one of the best in the South East and Sidra’s UK portfolio.Commenting on the acquisition, Hani Baothman, Chairman of Sidra Capital said: “We are delighted to have acquired...
February 19, 2023

Sidra Capital acquires The Bower Office in the UK

ROSHN Group, one of the Public Investment Fund's giga projects, has offered AL-AROUS Community Experience at ROSHN's Jeddah Waterfront from February 16 to February 24 in Al Nawras Square. 
ROSHN Group introduces ALAROUS Community Experience at its Jeddah Waterfront
JEDDAH — ROSHN Group, one of the Public Investment Fund's giga projects, has offered AL-AROUS Community Experience at ROSHN's Jeddah Waterfront from February 16 to February 24 in Al Nawras Square. The experience is part of the ROSHN Group's endeavour to provide the best solutions and technologies for a variety oflifestyles within its residential communities. ALAROUS Community Experience includes simulations of residential units offered by ALAROUS Community, the first phase of which was launched in December of the previous year.The Experience comprises a dome containing simulation displays of the realistic spaces of the residential units, allowing visitors to select the desired residential units and then show them on the screens to simulate various space and dimension...
February 19, 2023

ROSHN Group introduces ALAROUS Community Experience at its Jeddah Waterfront

Emir of Riyadh Prince Faisal bin Bandar inaugurated Al-Fursan suburb, the largest new residential suburb of the National Housing Company (NHC), in Riyadh on Wednesday.
Riyadh Emir inaugurates Al-Fursan suburb
RIYADH — Emir of Riyadh Prince Faisal bin Bandar inaugurated Al-Fursan suburb, the largest new residential suburb of the National Housing Company (NHC), in Riyadh on Wednesday. Minister of Municipal and Rural Affairs and Housing Majed Al-Hogail also attended the ceremony among other dignitaries.Al-Fursan suburb project covers an area of 35 million square meters in the northeast of Riyadh with more than 50,000 residential units of various types, and over 190 vital facilities and commercial centers with green spaces exceeding six million square meters.The inauguration ceremony included the signing of 18 investment agreements valued at more than SR24 billion between the NHC and the Ministry of Housing, as well as more than 18 highly-experienced and highly-qualified real estate developers to...
February 16, 2023

Riyadh Emir inaugurates Al-Fursan suburb

Lulu opens new hypermarket in Al-Khobar
Lulu Group has further expanded its presence in the Eastern Region by opening its latest Hypermarket in the Kingdom of Saudi Arabia. The Hypermarket which is also 30th in the country was inaugurated by Hamad Bin Mohammed AlbuAli, Vice President of the Chamber of commerce Eastern Province in the presence of Yusuff Ali MA, Chairman of Lulu Group International and other dignitaries. The 100,000 sq. feet single level hypermarket is located in Al Rakkah district and will showcase abundant range of fresh fruit, vegetables, meat and seafood from around the world, an in-house bakery to serve up fresh-baked breads and cakes, as well as shopping options that tap into new award-winning trends. These include a wide selection of plant- based meat substitutes and foods, a special organic and superfood...
February 16, 2023

Lulu opens new hypermarket in Al-Khobar

Dr. Fahd Bin Saad Abu Moati
Abu Moaty: Water regulator to raise level of business and quality of outputs
The Undersecretary of the Ministry of Environment Water and Agriculture for Regulatory Affairs and General Supervisor of the Executive Body of the Water Regulator Dr. Fahd Bin Saad Abu Moati, explained that the regulator maintains, through obtaining ISO 9001, to implement best practices and administrative standards followed locally and internationally to raise business efficiency and output quality.He pointed out that the quality management system in this certificate is based on ensuring that the beneficiary's needs are met effectively, monitoring the level of quality and managing operations, and developing the business mechanism continuously.This comes during the ISO 9001 certification handover ceremony, after the water regulator fulfilled all the requirements necessary to obtain it,...
February 15, 2023

Abu Moaty: Water regulator to raise level of business and quality of outputs

A Safer Way to Engage, Create, Inspire and Connect This Safer Internet Day 2023 on TikTok
RIYADH — In line with the goals of Safer Internet Day 2023, TikTok is committed to fostering a fun and inclusive environment which makes it safer for users to engage, create, inspire, and connect. In this vein, TikTok maintains a constant stream of initiatives aimed at fostering a safe community where creative expression can thrive, including regularly releasing Community Guidelines Enforcement Reports, launching safety feature updates, and interactively engaging with the community.Promoting safety to support creativitySafety and creativity go hand-in-hand; when users feel secure, comfortable, and included, they are more inclined to express themselves authentically and creatively. This mission supports this year’s Safer Internet Day theme of “Want to talk about it? Making space for...
February 15, 2023

A Safer Way to Engage, Create, Inspire and Connect This Safer Internet Day 2023 on TikTok

Mozn partners with Mambu to empower digital banking operations in the Middle East on the heels of LEAP23
Mozn, a market leader in enterprise Artificial Intelligence (AI) technologies, announced its strategic partnership with Mambu. The partnership will provide the region’s financial organisations with industry-leading cloud banking solutions combined with world-class Software-as-a-Service (SaaS) products built on cutting-edge R&D and intelligence engines.Mambu’s cloud-native banking platform complements Mozn’s AI-Powered financial crime prevention suite “FOCAL” to protect banks and fintechs against financial crime. The collaboration aims to provide digital banking solutions that deliver seamless and secure experiences for customers in the Middle East and Africa.“Regulation and compliance in financial services has to evolve fast. Combined with the growth of the digital banking,...
February 13, 2023

Mozn partners with Mambu to empower digital banking operations in the Middle East on the heels of LEAP23

Lulu Hypermarket showcases exotic Thai tastes
The Lulu Hypermarket network across the Kingdom of Saudi Arabia will treat shoppers to a showcase of the popular and exotic cuisine of Thailand in a unique festival to be held from February 12th till February 18th, 2023.The festival was inaugurated simultaneously in Riyadh and Jeddah today. In Riyadh, the festival was inaugurated by Darm Boontham, Ambassador Extraordinary and Plenipotentiary of the Kingdom of Thailand to the Kingdom of Saudi Arabia at LuLu Hypermarket, Atyaf Mall, Yarmouk, in the presence of Shehim Mohammed, Director of LuLu Hypermarkets Saudi Arabia. In Jeddah, the event was inaugurated at LuLu Hypermarket, Al-Ruwais by the Chief Guest Kitinai Nutakul, Consul-General of the kingdom of Thailand.Organized in collaboration with The Royal Thai Embassy in Riyadh, the Thai...
February 13, 2023

Lulu Hypermarket showcases exotic Thai tastes

The Public Investment Fund announced Sunday the completion of its acquisition of a 30% stake in the Saudi Tabreed District Cooling Company.
PIF announces completion of acquisition of a 30% stake in Saudi Tabreed
RIYADH — The Public Investment Fund (PIF) announced Sunday the completion of its acquisition of a 30% stake in the Saudi Tabreed District Cooling Company (Saudi Tabreed), a leading provider of sustainable district cooling schemes for some of the largest projects in Saudi Arabia.The investment supports PIF’s efforts to grow and develop the local utilities and low-carbon sectors.Saudi Tabreed offers highly efficient solutions that drive reductions in power consumption and the costs of operation and maintenance, as well as encouraging alternatives to traditional air conditioning systems.District cooling is recognized as one of the most energy-efficient cooling solutions, due to its ability to conserve natural resources, making a major contribution to the reduction of greenhouse...
February 12, 2023

PIF announces completion of acquisition of a 30% stake in Saudi Tabreed

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