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511 - 520 from 16588 . In "BUSINESS"
Ajdan, Mask Investment, and SEDCO Capital launch billion riyal real estate fund for Jeddah’s 'Grand Square' development
Ajdan Real Estate Development Company, Mask Investment Company, and SEDCO Capital have come together to establish a real estate investment fund. Announced at the Real Estate Restatex Exhibition in Riyadh, which took place from February 18 to February 21, 2024, the fund will support the development of "Grand Square," a mixed-use project in Jeddah.The "Grand Square" project, situated on a sprawling 47,060 square meter area along the prestigious King Abdulaziz Road in Jeddah, promises to be a landmark destination. Represented by Abdulrahman Al Muhaidib of Ajdan, Hani Halwani of Mask Investment, and Abdulwahab Abed of SEDCO Capital, the agreement marks a strategic partnership aimed at setting new benchmarks in the real estate sector.Engineer Mohammed bin Abdulmohsen Al...
February 28, 2024

Ajdan, Mask Investment, and SEDCO Capital launch billion riyal real estate fund for Jeddah’s 'Grand Square' development

Apple has never acknowledged the project publicly
Apple unplugs self-driving electric car project, reports say
WASHINGTON — Apple has reportedly canceled its plans to build electric vehicles (EV) a decade after the iPhone maker was rumored to be working on the project.The firm has never publicly acknowledged the project, which involves around two thousand people.Many employees from the project will be moved to the iPhone maker's artificial intelligence (AI) division, according to Bloomberg News.Apple did not immediately respond to a BBC request for a comment.The Apple car team was reportedly known as the Special Projects Group as part of its chief executive Tim Cook's Project Titan.As it spent billions of dollars on research and development, the company was initially rumoured to be working on a fully autonomous vehicle without a steering wheel and pedals.The team was understood to still...
February 28, 2024

Apple unplugs self-driving electric car project, reports say

Country Garden, which defaulted on its overseas debt in October, says it will challenge the legal case
China property giant Country Garden hit with liquidation petition
HONG KONG — China's biggest private property developer Country Garden is facing a liquidation petition, which has been filed in Hong Kong by a creditor.Country Garden failed to repay HK$1.6bn ($204.5m; £161.2m), according to the Hong Kong Stock Exchange filing.The firm, which defaulted on its overseas debt in October, says it will "resolutely oppose" the legal case.Last month, rival real estate giant China Evergrande was ordered to liquidate by a Hong Kong court.Country Garden said the petition was filed by Ever Credit Ltd, with the first datefor hearing set for 17 May. Ever Credit is a unit of Kingboard Holdings, a laminates maker and property investor.Shares in Country Garden fell more than 10% in early Hong Kong trade following the announcement.Country Garden did not...
February 28, 2024

China property giant Country Garden hit with liquidation petition

HONOR debuts a new AI-empowered all-scenario strategy at MWC 2024
Global technology brand HONOR today revealed its new all-scenario strategy by introducing AI-empowered cross-OS collaboration and human-centric intent-based AI and a suite of smart devices with global partners. During its keynote, HONOR not only announced the global launch of the HONOR Magic6 Pro, but also its latest AIPC, the HONOR MagicBook Pro 16, all of which come equipped with HONOR’s platform-level AI to empower human-centric experiences."As we race ahead into the AI era, HONOR committed to delivering human-centric innovations that bring open and seamless experience to address our consumers’ desires and pain points,” said George Zhao, CEO of HONOR Device Co., Ltd. “We are delighted to announce the global launch of the new HONOR smartphones and AI PC, which truly...
February 27, 2024

HONOR debuts a new AI-empowered all-scenario strategy at MWC 2024

$300 billion annual investment shortfall in natural gas development worldwide
$300 Billion Annual Investment Shortfall in Natural Gas Development WorldwideNatural gas has never been more crucial to the global energy mix, replacing coal and liquid fuels while supporting the adoption of intermittent renewable energy, especially in developing countries. However, years of underinvestment in oil and gas development risk an imbalance in the energy trilemma of affordability, availability, and sustainability in the coming years. A $200 to $300 billion annual gap in global investment in natural gas development over the past decade threatens supply imbalances and further price spikes globally as demand for natural gas rises in developing countries, Majid Jafar, CEO of Crescent Petroleum, informed an audience of business leaders and policymakers at the International Energy...
February 23, 2024

$300 billion annual investment shortfall in natural gas development worldwide

Arabsstock celebrates Saudi Foundation Day with exclusive content
Arabsstock, the premier digital library for Gulf Arab content, is proud to announce the launch of exclusive content in honor of Saudi Foundation Day. Titled "From the Day We Started... and the Content of the Foundation Day in Our Hands," this collection boasts the largest repository of licensed and commercially usable images, videos, and graphics dedicated to celebrating this significant national occasion. With a vision to become the foremost Saudi Arabian Gulf Arab digital library, Arabsstock offers hundreds of thousands of specialized Saudi content pieces that authentically reflect the culture, heritage, and local essence of the Kingdom. In commemoration of the Saudi Foundation Day in 2024, Arabsstock is pleased to introduce dedicated packages and affordable pricing plans...
February 21, 2024

Arabsstock celebrates Saudi Foundation Day with exclusive content

LuLu Walkathon for Saudi Founding Day Heralds Sustainability Message
The LuLu Saudi Hypermarket organized the colourful and meaningful LuLu-Walkathon packed with energy, the to celebrate Saudi Founding Day and also drive home the message of sustainability. It was sponsored by Mastercard and partnered by Al Khobar Municipality and the Ministry of Sport. The 3-kilometre Walkathon was organized in Al Khobar on February 17th, 2024 an enthusiastic participants came together to mark the biggest Walkathon in Saudi. The day's activities were officially flagged off by Tarek Hamdi, the Saudi Youth Icon and Olympic Silver Medallist and and Eng. Mohammed Bubushait, Executive Manager of LuLu Saudi Hypermarket There was a grand Ardah show to add a touch of Saudi tradition to the event and mark Saudi Founding Day. The event’s Pain Relief Partner was BIOFREEZE,...
February 21, 2024

LuLu Walkathon for Saudi Founding Day Heralds Sustainability Message

L’azurde CEO presents retail and digital transformation at 10th RLC MENA Summit
The CEO of “L’azurde Company for Jewelry”, Sélim Chidiac, elaborated about the Company’s retail and digital transformation over the last years at the 10th Retail Leaders Circle MENA Summit held from February 19 to 20, 2024 at the Ritz-Carlton in Riyadh. Mr. Chidiac presented the significance and magnitude of the retail and digital business at L’azurde during a panel discussion with the participation of top sectors leaders. He shed light on how, over the past years, L’azurde embarked on a major growth program to expand beyond its core wholesale and grow its retail and e-commerce businesses which represent today 50% of the Company’s revenues. This Direct-To-Consumer expansion is a strategic development to strengthen the Company’s relationship and understanding of its...
February 21, 2024

L’azurde CEO presents retail and digital transformation at 10th RLC MENA Summit

Burjeel Holdings announces launch of specialized day surgery centers in KSA
Burjeel Holdings PLC (“Burjeel” or “the Group”), a leading super-specialty healthcare provider in the MENA listed on the Abu Dhabi Securities Exchange (“ADX”) (SYMBOL: BURJEEL; ISIN: AEE01119B224), today announced, following Board of Directors' approval, its intention to launch the Group’s first two Specialized Day Surgery Centers in Riyadh by 2025. The centers will provide sophisticated minimally invasive comprehensive services constituting key specialties, including Oncology, Advanced Gynecology, Orthopedics and Neurology. The Group plans to introduce internationally affiliated centers to the Kingdom to ensure its customers gain access to the best services, including the most advanced robotics solutions for patient care. Burjeel’s Specialized Day Surgery Centers...
February 21, 2024

Burjeel Holdings announces launch of specialized day surgery centers in KSA

JAECOO presents captivating off-road adventure: Media test drive event takes Jeddah by storm
Chery International, represented by JAECOO, hosted the JAECOO 7 media test drive event, which was held on February 3rd, at one of the luxurious and scenic winter resorts that reflected the authentic desert character of Jeddah city. Themed "From Classic, Beyond Classic," the event drew the participation of over 90 esteemed Saudi automotive media outlets and prominent social media influencers, commencing with a concise introduction to the innovative urban off-road brand JAECOO 7, highlighting its breakthroughs in intelligent technology, the event transitioned then into an exhilarating journey of speed and emotion across the off-road terrain, which was crafted specifically for this occasion. The experience provided attendees with an immersive understanding of the new product's...
February 20, 2024

JAECOO presents captivating off-road adventure: Media test drive event takes Jeddah by storm

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