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Economy

Saudi telecom firm Etihad Atheeb narrows losses to $10m on higher sales

Follow-ups -eshrag News: Wed, 2022-06-01 09:11 RIYADH: Etihad Atheeb Telecommunication Co. has managed to slightly narrow down its losses by…

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Economy

Saudi mining firm Ma’aden approves $3.3bn capital hike plan, dividend freeze

Follow-ups -eshrag News: RIYADH: With Saudi Arabia’s Vision 2030 blueprint stirring up the entrepreneurial landscape, startups in the Kingdom are…

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Economy

Saudi IT firm MIS seeks 20% capital raise through bonus share issue

Follow-ups -eshrag News: MELBOURNE: Shell Plc said on Monday it had given the go-ahead to develop the Crux gas field…

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Economy

Investment firm Amanat wants to revolutionize education in the Middle East

Follow-ups -eshrag News: RIYADH: Independent thinker Omar Henaidy — an engineer by qualification but an entrepreneur at heart — was able…

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Economy

Saudi Maharah’s unit acquires 40% stake in digital marketing firm Salis

Follow-ups -eshrag News: RIYADH: Three new hotel management agreements were inked with international hotel brands to operate resorts in the first…

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Economy

Insurance firm Saudi Re gets central bank’s approval to raise capital to $356m through rights issue 

Follow-ups -eshrag News: Author:  Thu, 2022-05-26 10:31 RIYADH: Saudi Reinsurance Co. has received the necessary approval from the Kingdom’s central…

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Economy

Saudi digital logistics firm RedBox raises $5m in a pre-series A funding round

Follow-ups -eshrag News: RIYADH: UAE-based property management company Farnek hopes to reduce electricity, water, refrigerants, and fuel consumption by 30…

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Economy

UAE telecom firm e& launches the region’s first telco NFT collection

Follow-ups -eshrag News: RIYADH: UAE-based property management company Farnek hopes to reduce electricity, water, refrigerants, and fuel consumption by 30…

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Economy

Saudi recycling firm Tadweeer to start trading on Nomu this week

Follow-ups -eshrag News: Author:  Tue, 2022-05-24 17:07 RIYADH: National Environmental Recycling Co. will start trading on Saudi Arabia’s parallel market Nomu…

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Economy

Saudi IT firm MIS reports 50% decline in profits as sales fall in first quarter

Follow-ups -eshrag News: RIYADH: Saudi Arabia’s main stock market ended Monday with another steep decline, as concerns over the global…

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