Hakbah, the Saudi-based fintech savings platform, announces its successful closing of a US$2 million, pre-Series A, funding round. Global Ventures- MENA’s leading venture capital firm and DIFC-based Aditum Investment Management participated in the round, providing Hakbah with its first institutional capital. The funding follows approval granted by the Saudi Central Bank (SAMA). Proceeds will be
SABIC, a global leader in the chemical industry, will present its portfolio of PURECARES™ and TRUCIRCLE™ materials for the healthcare and hygiene market at INDEX™23 from April 18 to 21 in Geneva, Switzerland, under the theme of ‘Collaborating for sustainability and innovative solutions’. Abdullah Al-Otaibi, General Manager, ETP & Market Solutions at SABIC says; “The hygiene industry is a
The Mohammed Bin Rashid Space Centre (MBRSC) today announced that Sultan AlNeyadiwill become the first Arab astronaut to undertake a spacewalk during Expedition 69 on the International Space Station (ISS). Scheduled for 28 April, the UAE will become the 10th country to perform a spacewalk on the ISS.AlNeyadi will be part of the 262nd spacewalk
Knight Frank Middle East, a leading global real estate consultancy has announced a collaboration with Pan Kingdom Holding, a renowned infrastructure holding company based in Saudi Arabia. The partnership will focus on Asset Management Project for a newly constructed 2,000 room hotel in Makkah. Turab Saleem, Partner & Head of Hospitality at Knight Frank MENA,
Element List Explanation Introduction Saudi Electricity Company announces the redemption of the full value of the second tranche of its International Islamic Sukuk (the Sukuk) issued on April 8, 2013, amounting to US$ 1 billion and listed on the London Stock Exchange. Offer Type US dollar denominated Islamic Sukuk Value of the redeemed (sukuk\ bonds)
SABIC, a global leader in the chemicals industry, has been awarded a Gold medal by EcoVadis, a leading provider of business sustainability ratings, ranking it among the top 5% of companies manufacturing basic chemicals, fertilizers and nitrogen compounds, plastics and synthetic rubber. EcoVadis assesses companies on the basis of: Sustainable Procurement, Ethics, Labor & Human
April 3rd 2023 (GCC): DarGlobal, the premier luxury real estate developer, is proud to unveil its groundbreaking partnership with the world-renowned luxury brand, Dolce&Gabbana’s debut in the hospitality and real estate industries. This pioneering partnership marks the launch of a bespoke hospitality project that seamlessly merges the unrivalled style and sophistication of Dolce&Gabbana with DarGlobal’s unparalleled attention
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