Agtech companies, Mowreq (Mowreq Specialized Agriculture Co.) and YesHealth Group (YesHealth Agri-Biotechnology Co., Ltd.) have initiated a joint venture to develop a network of indoor vertical farms throughout the Kingdom of Saudi Arabia. The JV, Vertical Farms Company, will begin by building the Kingdom’s largest indoor vertical farm in Riyadh. This first farm is slated to be fully operational
The region’s largest retail & shopping centre event, the Retail Congress MENA will be celebrating its 28th Anniversary in the region. The conference, exhibition, networking, dealmaking and celebration of the best-of-the-best in MENA Shopping Centres & Retailers will take place from the 5th to the 6th of December 2022 at Ritz Carlton Hotel in DIFC
Taj Dhabi, a subsidiary of Trojan Construction Group, has been awarded the Design and Build contract for two new developments in KAFD, Saudi Arabia’s prime business district, located in the heart of Riyadh. Marking the occasion with a signing ceremony at KAFD were Gautam Sashittal, Chief Executive Officer of the King Abdullah Financial District Development
The Saudi Arabian Oil Company (“Aramco” or “the Company”), one of the world’s leading integrated energy and chemicals companies, has successfully closed three landmark transactions with Polish refiner and fuel retailer PKN ORLEN, through its subsidiary Aramco Overseas Company BV, based in the Netherlands. As part of the transaction, first announced in January 2022, the
The global Islamic finance industry is expected to reach US$5.9 trillion by 2026 from US$4 trillion in 2021 driven by Islamic banks and Sukuks according to the 2022 Islamic Finance Development Indicator (IFDI) released by Refinitiv, a (LSEG) London Stock Exchange Group Business, and the Islamic Corporation for the Development of the Private Sector (ICD).
Abu Dhabi is set to host the Kenken International Championship 2022, the largest math puzzle championship in the world. The championship, which will take place on December 17, 2022 at Khalifa University, will be held in cooperation with the Abu Dhabi Residents Office (ADRO), and marks the first time the event has been hosted outside
The Zakat, Tax, and Customs Authority’s website incorporated the regulations that govern importing cars to Saudi Arabia. These regulations apply to all vehicles including heavy trucks (locomotives, trailers, and semi-trailers), small vehicles, buses, and light commercial vehicles. Vehicle Import Regulations for Individuals Imports of cars to Saudi Arabia, buses, and light commercial vehicles (3.5 tons
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