Month: February 2023

«Downtown Saudi Arabia signs MoU to develop telecommunications network in 12 projects

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Telecommunications Network Development

Reading time: < 1 MinuteSaudi Downtown Company signed a memorandum of understanding with the telecommunications tower company “Tawal” during the “LEAP” technology conference held in Riyadh. The MoU between the two parties aims to explore avenues of cooperation in the development and operation of telecommunications and information technology infrastructure and communication towers to provide advanced digital solutions for the company’s projects, which will be developed in 12 cities across the Kingdom. … Read more

«Sakan» targets 1000 beneficiaries in partnership with the Ministry of Housing and «Trahim»

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Reading time: < 1 MinuteUnder the patronage of the Minister of Human Resources and Social Development, Eng. Ahmed bin Sulaiman Al-Rajhi, and in the presence of the Minister of Municipal, Rural Affairs, and Housing, Majid bin Abdullah Al-Hogail, the Private Developmental Housing Foundation “Sakan” signed a tripartite agreement with the Ministry of Municipal, Rural Affairs and Housing and the Tarahum Association at the annual ceremony of the Tarahum Association. The agreement aims to provide 1,000 housing units for the families of prisoners in all regions … Read more

Central Bank announces license for the first branch of a foreign insurance company in Saudi Arabia

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Saudi Central Bank

Reading time: < 1 MinuteThe Saudi Central Bank announced the licensing of the first branch of a foreign insurance company in the Kingdom, which specializes in health insurance. This step is in line with the objectives of the “Rules for the Licensing and Supervision of Branches of Insurance or Reinsurance Companies in the Kingdom” and is consistent with the Central Bank’s role in promoting financial stability and supporting opportunities for economic growth and development in the country toward achieving the goals … Read more

Itqan Real Estate Company starts selling 18 plots of land in Al-Munsiyah in Riyadh

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Reading time: 2 MinutesUnder the slogan “One Step Toward a Secure Investment,” Itqan Real Estate announced today the launch of direct sales for ”Al-Munsiyah Land,” located in the capital city of Riyadh in one of its most commercially vibrant areas. “Ard Al-Munsiyah” boasts a prime location spanning over thirty thousand square meters (30,557 m²), divided into 18 plots and stretching three hundred meters along Al-Thumama Road … Read more

The Architecture and Design Authority concludes the Designathon by crowning the winners

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Reading time: 2 Minutes  Yesterday, Saturday, the Architecture and Design Authority concluded the first edition of the “Designathon” challenge, held in the capital city of Riyadh, by honoring the winners in the challenge’s three categories: Design for Healthy Living, Design for Social Impact, and Design for Sustainability. More than 500 participants took part in the initiative, presenting numerous creative entries over the course of three days within the competition’s designated categories, which aim to … Read more

More than 25,000 attendees. Saudi-Omani Industries Exhibition concludes«

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Reading time: < 1 MinuteYesterday, the Ministry of Investment brought the “Saudi-Omani Industries” exhibition to a close in Riyadh, following a highly successful event that drew over 25,000 visitors. The exhibition featured participation from a number of government agencies and 300 companies from both countries across various sectors, and attended by a number of officials and CEOs of major companies in the public and private sectors. According to the Ministry of Investment, the exhibition succeeded in … Read more

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