Business & Money | Thursday 5 December, 2024 9:08 am

NWC and KARRDA discuss planting 3 million saplings in 28,000 Km2 by 2030

King Abdulaziz Royal Reserve Development Authority (KARRDA) and National Water Company (NWC) are discussing the plantation of about 3 million wild saplings within the boundaries of the reserve, which covers an area of more than 28,000 square kilometers and includes within its space several green...

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Business & Money | Tuesday 3 December, 2024 12:15 pm

MIS board OKs allocating SAR 30M for investment in global tech firms

Al Moammar Information Systems Co.’s (MIS) board approved today, Dec. 2, the allocation of SAR 30 million to establish an investment portfolio through self-financing. This portfolio aims to invest in global technology companies and capitalize on growth opportunities...

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Business & Money | Tuesday 3 December, 2024 12:04 pm

Atlas Elevators wins SAR 3.2M project with Dammam Medical Complex

Atlas Elevators General Trading and Contracting Co. received on Dec. 2 a letter of award for an elevator replacement project with the Dammam Medical Complex for SAR 3.16 million (VAT inclusive). In a statement to Tadawul, the company said that it would replace elevators at the Dammam...

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Business & Money | Tuesday 3 December, 2024 10:44 am

KnowledgeNet inks deal to sell subsidiary to Saudi Technology Fund for SAR 15.4M

KnowledgeNet Co. signed a contract to sell 100% stake in Financial Technology Solutions (99.99% owned by KnowledgeNet and 0.01% by Knowledge Network for Business Services) to the Saudi Technology Fund for SAR 15.35 million. In a statement to Tadawul, the company said that Financial Technology...

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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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