Tawbi Company has won a 35 million riyal contract to provide managed IT services for Taibah University and its branches. The agreement, awarded through a competitive bidding process, […]
Uncategorized
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MIS Wins 126 Million Riyal Healthcare Maintenance Contract
MIS Company has secured a 126 million riyal contract from Saudi Arabia’s Ministry of Health to provide maintenance and repair services for medical devices and equipment across primary […]
Uncategorized
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Burgerizzer Acquires 60% Stake in Habat Al-Qahwa for 10 Million Riyals
Burgerizzer has acquired a 60% controlling stake in Habat Al-Qahwa, a Saudi coffee brand, for 10 million riyals. The deal supports Burgerizzer’s strategy to achieve balanced growth and […]
Technology
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Dhiaa Invests in Smart Technology Solutions Firm
Dhiaa Investment has entered into a preliminary agreement to invest in Riyada for Evaluation, a technology firm specializing in smart solutions for fleet and rental management. The memorandum […]
Real Estate
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Al-Abiyan Glass Acquires Full Ownership of AGC Joint Venture for 23 Million Riyals
Al-Abiyan Glass Company has acquired full ownership of its joint venture, AGC, by purchasing the remaining 81% stake for 23 million riyals. Previously holding a 19% share, the […]
Markets
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Manazel Marketing Begins Trading on Saudi Exchange
Manazel Marketing Group has officially commenced trading on the Saudi stock exchange following a successful IPO. The company offered 4.8 million shares, representing 30% of its capital, at […]
Markets
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Red Sea Global Shareholders Approve IPO of 30% Stake in First Fix
Shareholders of Red Sea Global have approved the initial public offering of a 30% stake in First Fix Electrical Installations, a subsidiary in which Red Sea Global holds […]
Markets
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Jamjoom Fashion Targets $92.3 Million in IPO on Nomu
Jamjoom Fashion, a Saudi retail company, aims to raise 346 million riyals ($92.3 million) through an initial public offering on the Nomu parallel market. The company has set […]
Markets
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Morgan Stanley Approved as Market Maker for 18 Tadawul-Listed Stocks
Saudi Exchange (Tadawul) has authorized Morgan Stanley Saudi Arabia to act as a market maker for 18 listed equities, effective Tuesday. The designation covers securities traded on both […]
Markets
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Saudi Stock Index Drops 0.3% to Close at 10,671 Points
The Saudi stock market ended the trading session with a 0.3% decline, closing at 10,671 points. Fourteen sectors recorded losses, led by energy, which fell 0.82%, followed by […]