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261 - 270 from 16576 . In "BUSINESS"
Alfanar Projects signs SR20 billion strategic contracts to drive energy sector transformation in Saudi Arabia
In a landmark move toward advancing and localizing Saudi Arabia's energy sector, Alfanar Projects announces the signing of strategic contracts with the Saudi Electricity Company, with a value exceeding SR20 billion.These agreements were formalized during Alfanar Projects' participation in the Energy Localization Forum, organized by the Ministry of Energy. The signing ceremony was attended by Prince Abdulaziz bin Salman, Minister of Energy; Dr. Hamad bin Mohammed Al Sheikh, Minister of State; and Bandar bin Ibrahim Al Khorayef, Minister of Industry and Mineral Resources.Aligned with Saudi Vision 2030, these contracts are aimed at bolstering sustainable infrastructure, promoting energy self-sufficiency, and solidifying Saudi Arabia's position as a regional energy leader.The...
November 18, 2024

Alfanar Projects signs SR20 billion strategic contracts to drive energy sector transformation in Saudi Arabia

“Saudi businesses are well-positioned to embrace innovation through AI”
2024 has been a milestone year for Dell Technologies in Saudi Arabia. The company recently celebrated its 20th anniversary in the Kingdom. It also secured a regional headquarters license to operate in the Kingdom and announced plans to expand operations with a new merge and fulfillment centre in Riyadh. But for Dell, this journey has only begun. We spoke to Mohammed Amin, Sr. Vice President – CEEMETA, during the company’s annual Dell Technologies Forum, who shared more insights on AI, talent upskilling and how the company is helping its Saudi customers turn their business goals into meaningful outcomes.Q1. With the rise in AI adoption in Saudi Arabia, how is Dell addressing this demand through the solutions you’re bringing to market?AI transformation represents a significant paradigm...
November 17, 2024

“Saudi businesses are well-positioned to embrace innovation through AI”

Dar wa Emaar and NHC sign agreement to construct commercial centers in Khuzam suburb to reinforce quality of life
“Dar wa Emaar” Real Estate Investment and Development Company announced the signing of a cooperation agreement with the “NHC” to develop integrated commercial centers in Saraya Al Jewan, located in Khuzam suburb.These centers will be developed to enhance the quality of life by providing essential services close to residents, ensuring a more comfortable and sustainable lifestyle.The agreement was signed by Osama Al Khunaizi, CEO of Dar wa Emaar, and Khaldoun Nabulsi, NHC’s Chief Real Estate Investment Officer, as part of joint efforts to develop integrated residential projects that respond to the needs of the community.Al Khunaizi affirmed that the agreement comes within the company’s commitment to improving the quality of life by developing integrated commercial sales centers...
November 17, 2024

Dar wa Emaar and NHC sign agreement to construct commercial centers in Khuzam suburb to reinforce quality of life

Thabat Real Estate Development Company concludes its Cityscape Global 2024 participation with qualitative sales and deals with leading banks
Thabat Real Estate Development Company concluded its successful participation in the Cityscape Global 2024 exhibition, which was held at the Riyadh International Convention and Exhibition Center (Malham) in Riyadh from 11 to 14 November 2024.The company’s pavilion attracted a large turnout of visitors, as it showcased some of its prominent real estate projects, which provide innovative residential experiences in line with the highest standards. Exclusive banks’ financing offers, during the exhibition, attracted customers and investors from day one.As part of its participation in the exhibition, the company signed cooperation agreements with leading banks in the Kingdom to facilitate customers’ access to real estate financing at competitive prices, which enhances the company’s...
November 17, 2024

Thabat Real Estate Development Company concludes its Cityscape Global 2024 participation with qualitative sales and deals with leading banks

Spectacular opening of the 2024 Thailand International Mega Fair in Riyadh
The 2024 Thailand International Mega Fair commenced on Friday with a grand and impressive opening ceremony at the Riyadh International Convention & Exhibition Centre.This event marks a significant milestone in enhancing cultural and economic ties between Saudi Arabia and Thailand, showcasing Thailand's rich culture and potential for economic cooperation.This Fair, the first of its kind in Saudi Arabia, aims to highlight Thailand’s presence in the Middle East by displaying unique and innovative Thai products and services across various industries and sectors.It represents a historic collaboration between Thailand and Saudi Arabia, initiating a new era of trade, investment, and cultural exchange.The exhibition features more than 200 brands presenting prominent Thai products in sectors...
November 15, 2024

Spectacular opening of the 2024 Thailand International Mega Fair in Riyadh

Mohammed Al-Habib Real Estate Co. sets Guinness World Record with largest continuous concrete pour
Mohammed Al-Habib Real Estate Co. has achieved a major global milestone by securing a Guinness World Record for the largest continuous concrete pour ever undertaken. This remarkable feat was completed as part of the company’s ambitious Kaheel project in Saudi Arabia.The announcement was made during a special event at the Cityscape Global exhibition in Riyadh. During the ceremony, the company presented a documentary film showcasing the challenging and impressive process of pouring massive amounts of concrete.The prestigious Guinness World Record certificate was presented to Mr. Abdullah Al-Habib, CEO of Mohammed Al-Habib Real Estate Co., who expressed immense pride in this national achievement.He emphasized that this accomplishment demonstrates the company’s dedication to delivering...
November 14, 2024

Mohammed Al-Habib Real Estate Co. sets Guinness World Record with largest continuous concrete pour

Malaysian Minister of Entrepreneur and Cooperatives Development visits KUDU in Riyadh
Malaysian Minister of Entrepreneur and Cooperatives Development Datuk Ewon Benedick, accompanied by Malaysian Ambassador to the Kingdom Datuk Wan Zaidi Wan Abdullah, visited one of the branches of KUDU, a leading Quick Service Restaurant brand in Saudi Arabia.During the visit, the minister was briefed on KUDU’s journey, which spans over 36 years in the industry, and its distinction in offering meals that combine high quality with delicious taste.During the visit, KUDU’s ambitious projects were presented, focusing on expanding its business and entering the Malaysian market with its 100 percent Saudi brand, known for its fresh to order meals, operational excellence and customer-first approach. This expansion will be achieved through franchising partnerships with distinguished companies...
November 13, 2024

Malaysian Minister of Entrepreneur and Cooperatives Development visits KUDU in Riyadh

PIF to sell 2% stake in stc via accelerated book-building
Saudi Gazette reportRIYADH — Public Investment Fund (PIF) announced on Wednesday the offering of a 2% stake in Saudi Telecom Company (stc), amounting to 100 million shares, through an accelerated book-building process. The shares will be available to qualified institutional investors both locally and globally.In a joint statement on the Saudi Stock Exchange (Tadawul), Goldman Sachs Saudi Arabia and SNB Capital, acting as joint global coordinators and bookrunners for PIF, stated that the final offer price will be determined through the accelerated book-building process, which commenced immediately.The statement added that the final number of shares, price, and results of the offering will be disclosed by Thursday.The sale will be executed through privately negotiated transactions outside...
November 13, 2024

PIF to sell 2% stake in stc via accelerated book-building

“Tilal” launches “Heart of Khobar" project costing SR6 billion at “Cityscape Global” in Riyadh  
“Tilal Real Estates” Company announced the launch of its innovative project “Heart of Khobar”, one of the largest real estate projects in the Eastern Province, with a market value of SR 6 billion upon completion of its phases. The announcement was made during the company’s participation in the “Cityscape Global” exhibition in Riyadh, being held from 11 to 14 November at the Riyadh Exhibition and Convention Center “Malham,” north of Riyadh.The qualitative project is a vital step towards reinforcing the Kingdom’s Vision 2030, which aims to provide adequate housing for Saudi families by delivering a sustainable and pedestrian-friendly urban environment and promoting an integrated lifestyle in the heart of Khobar.The “Heart of Khobar” project extends over a total area...
November 12, 2024

“Tilal” launches “Heart of Khobar" project costing SR6 billion at “Cityscape Global” in Riyadh  

Tilal launches ‘Heart of Khobar’, its qualitative project with a market value of SR6 billion at Cityscape Global in Riyadh
“Tilal Real Estates” Company announced the launch of its innovative project “Heart of Khobar”, one of the largest real estate projects in the Eastern Province, with a market value of SR 6 billion upon completion of its phases. The announcement was made during the company’s participation in the “Cityscape Global” exhibition in Riyadh, held from 11 to 14 November at the Riyadh Exhibition and Convention Center “Malham” north of Riyadh. The qualitative project is a vital step towards reinforcing the Kingdom’s Vision 2030, which aims to provide adequate housing for Saudi families by delivering a sustainable and pedestrian-friendly urban environment and promoting an integrated lifestyle in the heart of Khobar. The “Heart of Khobar” project extends over a total area of...
November 12, 2024

Tilal launches ‘Heart of Khobar’, its qualitative project with a market value of SR6 billion at Cityscape Global in Riyadh

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