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381 - 390 from 16523 . In "BUSINESS"
Lulu celebrates golden harvest of Saudi mango season
LuLu’s Saudi Mango Festival has turned the golden spotlight on the sweet varieties of mango grown in Saudi Arabia. Twenty-four local varieties of Saudi mango will take pride of place in the aisles of the Festival at all the Lulu Hypermarket outlets across Saudi Arabia.The LuLu Saudi Mango Festival 2024 was inaugurated simultaneously at three Lulu Hypermarkets across the Kingdom: in Atyaf Mall, Riyadh by Eng. Muhammad Al-Abdullatif, the Assistant Undersecretary for Agricultural Facilities and Supportive Services and M. Suleiman bin Saleh Al-Jutaili, the Director General of the General Administration of Marketing and Agricultural Associations; in LuLu Al-Ruwais, Jeddah, the inauguration was presided over The Director General of the branch of the Ministry of Environment, Water and...
May 02, 2024

Lulu celebrates golden harvest of Saudi mango season

Prince Bader and Ammar Altaf open the sixth edition of Automechanika Riyadh
Automechanika Riyadh, the highly anticipated trade show for the Saudi Arabian automotive market, has been officially inaugurated by H.H. Prince Bader bin Fahad bin Abdullah Al Saud and Mr. Ammar Altaf, Assistant Deputy Minister, Ministry of Investment. The event takes place from today, 30 April, to Thursday, 2 May 2024, at the Riyadh International Convention and Exhibition Centre(RICEC). During the official ribbon-cutting and tour, both H.H. Prince Bader bin Fahad bin Abdullah Al Saud and Mr. Altaf visited several of the 340participating companies, a 448% increase inexhibitor numbers compared to the last edition of the show, while spanning three halls and occupying over 11,000 square metres of exhibition space. This was followed by a keynote speech by Mr.Altaf, part of the...
May 01, 2024

Prince Bader and Ammar Altaf open the sixth edition of Automechanika Riyadh

Infinix GT 20 Pro flagship launch: Revolutionizing esports-level gaming and ushering in a new era of the holistic gaming universe
RIYADH — Infinix, the brand synonymous with stylish, cutting-edge technology for the youth, proudly unveils the Infinix GT 20 Pro in collaboration with PUBG Mobile. This dual-chip flagship smartphone, premiering globally, is the first in its price segment to feature a dedicated gaming display chip, setting a new benchmark in esports-level gaming for all enthusiasts.Revolutionary Gaming ExperienceFollowing the success of last year's GT 10 Pro, the Infinix GT 20 Pro introduces pioneering technology with its dual-chip setup. It integrates the MediaTek Dimensity 8200 Ultimate 4nm 5G Processor, engineered for high-frame-rate gaming, and is complemented by technologies like MAGT and AI-VRS, commonly found in top-tier chipsets. This combination ensures superior performance across popular...
April 30, 2024

Infinix GT 20 Pro flagship launch: Revolutionizing esports-level gaming and ushering in a new era of the holistic gaming universe

Saudi Electricity Company gains regulatory approval for increased weighted average cost of capital
The Saudi Electricity Company (SEC) has received approval for a new regulated weighted average cost of capital (WACC) of 6.65% for the regulatory period 2024-2026. This marks an increase from the previous 6% WACC, covering the period from 2021 to 2023. The approval was granted by the Minister of Energy, who is also the Chairman of the Ministerial Committee for the Restructuring of the Electricity Sector and SEC.This upward adjustment in WACC reflects an anticipated positive impact on SEC's revenues due to the growth of the regulated asset base and supports the company's financial sustainability and future growth prospects. This will enhance SEC's ability to deliver electricity services with high levels of efficiency and reliability. Additionally, the Mudaraba Agreement with the...
April 30, 2024

Saudi Electricity Company gains regulatory approval for increased weighted average cost of capital

HONOR opens two HONOR exclusive service centers in Saudi Arabia to bring better customer experience
Global technology brand HONOR announced the HONOR Authorized Service Center in Riyadh & HONOR Jeddah Service Center on 25th April 2024. These HONOR exclusive service centers in the MENA region, will help to cater to the needs of customers in the Kingdom. Customers will be able to either send in their products for repairs or visit the service centers for a walk-in appointment. Both centers will provide services and support for all HONOR Products, including product repair, screen protector application, system upgrades, and any other necessary service activity.The opening of HONOR Authorized Service Center in Riyadh and HONOR Jeddah Service Center reinforces HONOR’s commitment to the MENA region, and its plans to continue providing expert customer service and product support. The Kingdom of...
April 28, 2024

HONOR opens two HONOR exclusive service centers in Saudi Arabia to bring better customer experience

L'Oréal dermatology conference emphasizes sustainability in Riyadh edition
The fifth edition of L'Oréal Derma in Riyadh gathered over 500 dermatologists, researchers, and skincare specialists.This environmentally conscious event emphasized sustainability by utilizing recyclable and eco-friendly materials. It also collaborated with Riyadh's food bank to manage surplus food, ensuring minimal waste.The conference, which also featured a significant virtual attendance of over 700 specialists, reduced environmental impact by lowering physical attendance, thus decreasing material use and transportation emissions.
April 25, 2024

L'Oréal dermatology conference emphasizes sustainability in Riyadh edition

MECOTEC forays into Saudi Arabia bringing cryo technology catering to diversifying health and lifestyle trends
Germany’s MECOTEC, a global leader in the cryo technology industry, is forging ahead with its aggressive expansion strategy in the Middle East and North Africa (MENA) by making its foray into the Kingdom of Saudi Arabia, with an eye to expand further in the important region’s other keymarkets.The company’s entry into Saudi Arabia is being viewed by MECOTEC as an ideal market for its cryotherapy products, as the kingdom continues to diversify in line with its economic and societal programmes meant to transform the Arab world’s biggest economy.The UAE has proved to be a perfect springboard for MECOTEC in MENA: from 5 units of its world-renowned cryo devices having been installed in the UAE when it started there in 2022, the company has grown this count to 38 across MENA in 18 months,...
April 23, 2024

MECOTEC forays into Saudi Arabia bringing cryo technology catering to diversifying health and lifestyle trends

Mohammed Salem AL Ojaimi, the chairman of AL Ojaimi Industrial Group.
Driving innovation and sustainability: An interview with Mohammed Salem AL Ojaimi, Chairman of AL Ojaimi Industrial Group
In an exclusive interview, Mohammed Salem AL Ojaimi, the chairman of AL Ojaimi Industrial Group, shares insights into the origins, growth, and future aspirations of the conglomerate. With a focus on pioneering advancements in the electrical manufacturing sector and a commitment to sustainability, AL Ojaimi discusses the group's strategic initiatives and alignment with Saudi Vision 2030.Q: Can you tell us about the origins of the AL Ojaimi Industrial Group and its initial focus?A: The journey of the AL Ojaimi Group began in 1997 with the establishment of Ojaimi Switchgear, our first factory focused on panels and package substations. This marked the beginning of our specialization in the electrical industrial field, paving the way for a comprehensive portfolio that supports the...
April 23, 2024

Driving innovation and sustainability: An interview with Mohammed Salem AL Ojaimi, Chairman of AL Ojaimi Industrial Group

AL Ojaimi Industrial Group announces launch of new REPL factory in Riyadh
AL Ojaimi Industrial Group, a pioneer in the electrical manufacturing sector, announced the inauguration of its new joint venture with REPL International, the REPL Industry Company factory in Riyadh. This strategic initiative is set to enhance the Kingdom of Saudi Arabia's industrial capabilities in alignment with Vision 2030.Founded in 1976, REPL International has established itself as a leading global manufacturer of cable accessories for the power and telecommunications industries, providing high-quality Heat Shrink, Cold Shrink, and Pre-moulded cable accessories. The Riyadh factory marks REPL's latest expansion, both globally and regionally, emphasizing the company's commitment to supporting strategic industries and contributing to the national economy.The new REPL factory,...
April 23, 2024

AL Ojaimi Industrial Group announces launch of new REPL factory in Riyadh

PIF, stc Group form major telecom tower entity in strategic partnership
Saudi Gazette reportRIYADH — The Public Investment Fund (PIF) and Saudi Telecommunications Company (stc Group) have finalized definitive agreements for PIF to acquire a 51% stake in Telecommunication Towers Company Limited (TAWAL) from stc Group, valued at $5.85 billion. This acquisition marks a pivotal step in consolidating TAWAL and Golden Lattice Investment Company (GLIC) into a new entity, set to become the largest telecom tower company in the region.Owned 54% by PIF and 43.1% by stc Group, with the remainder held by GLIC minority shareholders, this new merged entity aims to enhance the telecommunication infrastructure sector's efficiency and reach. The transaction is slated for completion in the second half of 2024, pending regulatory approvals.Raid Ismail, Head of MENA Direct...
April 22, 2024

PIF, stc Group form major telecom tower entity in strategic partnership

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