| Monday 29 April, 2024 10:39 am

Doctors at RAK Hospital Remove Massive Chest Tumor with Minimally Invasive Surgery

Doris Bah Njueng, a 32-year-old Cameroon national, finally found relief from years of suffering and pain at RAK Hospital. In a pioneering surgical feat, the hospital successfully performed minimally invasive thoracoscopic surgery to remove a massive tumor from her chest cavity. This remarkable...

More Details

| Monday 29 April, 2024 10:21 am

Automechanika Riyadh opens tomorrow

Automechanika Riyadh, Saudi Arabia’s leading trade show for the automotive aftermarket, opens tomorrow for its sixth edition. From 30 April to 2 May 2024 at the Riyadh International Convention and Exhibition Centre (RICEC), the event will feature over 340 exhibitors from 26 countries and is...

More Details

Business & Money | Monday 29 April, 2024 10:17 am

Al Rajhi Bank’s financing portfolio grows, NPL coverage hits 175%, says Chairman

Mr. Abdullah bin Sulaiman Al Rajhi, Chairman of the Board of Directors of Al Rajhi Bank, announced today that Al Rajhi Bank has achieved its highest quarterly profits since its founding, with a net income reaching 4,405 million riyals for the first quarter of 2024. This represents an increase of...

More Details

Business & Money | Monday 29 April, 2024 10:10 am

DIFC delivers record 23 percent YoY growth in underwriting volumes, reaching annual $2.6 bn in gross written premiums

Dubai International Financial Centre (DIFC), the leading global financial hub in the Middle East, Africa and South Asia (MEASA) region, has consolidated its position as the principal hub for the (re)insurance industry, with the highest gross written premiums (GWP) recorded in its 20-year history at ...

More Details

Government | Monday 29 April, 2024 10:07 am

Bin Touq, Estonian counterpart explore potential avenues for expanding cooperation

Abdullah bin Touq Al Marri, Minister of Economy, held a bilateral meeting with Tiit Riisalo, Minister of Economic Affairs and Information Technology in the Republic of Estonia. The meeting explored the possibilities for expanding cooperation in key sectors between the two countries, including the...

More Details

Business & Money | Monday 29 April, 2024 9:41 am

MESC secures SAR 100M credit facility from Al Rajhi Bank

Middle East Specialized Cables Co. (MESC) secured a Shariah-compliant credit facility worth SAR 100 million with Al Rajhi Bank on April 28, according to a statement to Tadawul. The facility, which runs for one calendar year, will go for financing the company's working capital, it...

More Details

Tourism & Hospitality | Sunday 28 April, 2024 2:03 pm

NEOM, Marriott International launch Ritz-Carlton Reserve in Trojena

Marriott International signed an agreement with NEOM to open its second Ritz-Carlton Reserve in Saudi Arabia. Anticipated to open in Trojena, a year-round mountain destination located in the northwest region of the country, the property will offer a complete escape into a private world of...

More Details

Government | Sunday 28 April, 2024 1:59 pm

REGA issues 33 off-plan sales licenses in Q1 2024 for 13,907 units

The Real Estate General Authority (REGA) issued 33 off-plan sales licenses in Q1 2024 to provide 13,907 new units available in the market. REGA’s Official Spokesperson, Tayseer Al-Mufarrej, said that there are 153 qualified developers engaged in real estate development activities across ...

More Details

Environment & Energy | Sunday 28 April, 2024 1:55 pm

Aramco, Rongsheng explore new opportunities in Saudi, China

Saudi Aramco is exploring the formation of a joint venture in the Saudi Aramco Jubail Refinery Co. (SASREF) with Chinese partner Rongsheng Petrochemical Co. Ltd. (Rongsheng) and significant investments in the Saudi and Chinese petrochemical sectors, in partnership with...

More Details

Business & Money | Sunday 28 April, 2024 1:31 pm

Azizi Developments, Dezign Technic partner for Azizi Venice

Azizi Developments, a leading private developer in the UAE, has announced its partnership with Dubai-based design consultant firm Dezign Technic for signage and wayfinding designs in its approximately AED 30 billion mixed-use development, Azizi Venice, located in Dubai South. DezignTechnic,...

More Details