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1921 - 1930 from 16576 . In "BUSINESS"
Masah Specialized Contracting Co. a prominent contractor
Masah specialized Contracting Co. is one of the leading contracting companies in the Saudi market that took its place in a short span of time. Since its inception in 2006, Masah delivered and executed competitive projects with the highest level of quality without compromising its commitment to safety or deadlines.Masah chose to fulfill an ambitious vision to deliver specialized projects of various types and complexities with a high level of professionalism and sustainability.Masah Co. provides contracting solutions that requires a certain level of specialization. The success achieved by Masah Co. stands witness on the professionalism that Masah Co. was built on.Today, Masah Co. provides an added value to the Saudi construction market. Since Masah’s inception in 2006, it was managed by a...
August 15, 2021

Masah Specialized Contracting Co. a prominent contractor

Growing trade and investment ties between the two strategic partners
By Asim AnwarRIYADH — As we mark 75 years since the establishment of bilateral relations between India and Saudi Arabia, trade and commercial relations continue to be the lynchpin of the strategic partnership between the two countries. This significant component of our bilateral ties has a historic context, with maritime relations between the two regions having been strong since centuries. The historic trade relationship has continued into the modern era, with natural synergies and common challenges and opportunities making Saudi Arabia India’s fourth largest trade partner and a major source of energy as India imports around 18% of its crude oil requirement and 30 % of its LPG requirement from the Kingdom.Since the establishment of the Strategic Partnership Council during the visit of...
August 15, 2021

Growing trade and investment ties between the two strategic partners

Abeer President Abeer Medical Group.
Abeer Group is leading innovator with many e-services
"One shouldn't forget where he comes from, grew from, taught others and ways in which he gives back to the community. Proud to be an Indian, and aspire to achieve Indian pride in a country I call my second home. I believe that my social responsibility towards the Saudi community is massive; being a leader in a health care providing group is not an easy task, but waking up every day embodying the six Abeer values; excellence, social commitment, teamwork, integrity, compassion & diversity continues to drive myself and all Abeerians under Abeer Group's umbrella to serve the care seekers in the community."Abeer Group has been the No. 1 name as a health care provider for the South Asian community, and is currently being highly recognized by the Saudi and Arab communities in...
August 15, 2021

Abeer Group is leading innovator with many e-services

LuLu Hypermarket, the largest and fastest-growing retail chain in the region and the flagship enterprise of the LuLu Group, is celebrating the 75 years of India-Saudi bilateral relations with a promotion on Indian goods called ‘India-Saudi Utsav’.
LuLu’s ‘India-Saudi Utsav’ celebrates 75 years of Indo-Saudi bilateral relations
RIYADH — LuLu Hypermarket, the largest and fastest-growing retail chain in the region and the flagship enterprise of the LuLu Group, is celebrating the 75 years of India-Saudi bilateral relations with a promotion on Indian goods called ‘India-Saudi Utsav’.The festival was inaugurated Sunday at the LuLu Hypermarket Riyadh Avenue Mall, Riyadh, by Indian Ambassador Dr. Ausaf Sayeed. He was accompanied by Shehim Mohammed, director of LuLu Saudi Hypermarkets and other LuLu Group officials.“I am delighted to inaugurate this showcase of Indian products ranging from vital food grains that are such an integral part of the Arab table to fresh fruits, vegetables, meats and seafood from India,” said Ambassador Sayeed.“The LuLu Group and LuLu Hypermarket represent a valuable bridge between...
August 15, 2021

LuLu’s ‘India-Saudi Utsav’ celebrates 75 years of Indo-Saudi bilateral relations

Russia’s oil supply set to break COVID-19 chains, rise to a new record in July 2022 and peak in 2023
OSLO — The OPEC+ coalition’s recent agreement to steadily raise oil production is paving the way for Russia to slowly shrug off COVID-19 curtailments. The country is on track to set a new monthly crude and condensate output record of 11.6 million barrels per day (bpd) already in July 2022, a Rystad Energy analysis reveals. Russia’s oil machine will then accelerate further to a peak of almost 12.2 million bpd in mid-2023.Russia’s current monthly oil and condensate production record was set in December 2018 with 11.5 million bpd. Rystad Energy’s projections point to 2023 as a peak year also at an annual production level, expected at 12.16 million bpd. The country’s short- and medium-term production growth will be driven by Rosneft and Gazpromneft’s greenfield projects.Russia is...
August 14, 2021

Russia’s oil supply set to break COVID-19 chains, rise to a new record in July 2022 and peak in 2023

Japan’s new plan to cut down on LNG may change trading norms, but is unlikely to meet targets
OSLO — Japan’s recent revision to its Strategic Energy Plan (SEP) lowers the targeted share of liquefied natural gas (LNG) in the country’s power generation mix in 2030 to 20% from 27% previously, as a measure to cut emissions.A Rystad Energy analysis concludes that Japan’s targets are too ambitious to meet and that the changes the new plan will bring will mostly be in the structure of commodities trading.Before Japan outlined its sixth SEP, Rystad Energy already considered the earlier 27% target an underestimation, as we expect the country’s LNG reliance to be higher in 2030.Our analysis shows that the new 20% target may somewhat reduce the share of LNG in the energy mix compared to what we previously expected — but we do not believe that the share will drop lower than 27%.In...
August 12, 2021

Japan’s new plan to cut down on LNG may change trading norms, but is unlikely to meet targets

Global digital agency Valtech is acquiring Dubai-based digital-experience design specialist Revonic from Metdist Limited, a family owned, private investment vehicle.
Valtech, a global leader in digital services and business transformation, acquires Dubai-based digital agency Revonic
DUBAI — In a move set to supercharge the Middle East and North Africa’s business transformation programs with customer-centric approaches, global digital agency Valtech is acquiring Dubai-based digital-experience design specialist Revonic from Metdist Limited, a family owned, private investment vehicle.Following the recent announcement that Valtech secured funding from BC Partners valuing the company at $1.4 billion, today’s update is the latest addition in a series of recent acquisitions for the company. The introduction of Revonic to the group is confirmation of Valtech’s ambition to deliver transformative work and services to clients across the MENA region.Valtech’s expansion comes at a pivotal time for the region, which is seeing an insatiable appetite to digitalize and...
August 10, 2021

Valtech, a global leader in digital services and business transformation, acquires Dubai-based digital agency Revonic

An amazing and delicious range of local fruits and vegetables grown in Saudi Arabia will be in the spotlight with the LuLu's season promotion, launched in Saudi Arabia Monday.
LuLu Saudi Arabia promotes ‘farm-to-table’ sustainability in delicious promotion
RIYADH — An amazing and delicious range of local fruits and vegetables grown in Saudi Arabia will be in the spotlight with the It’s season promotion, launched in Saudi Arabia Monday (Aug. 8, 2021).Launched in three major cities, the it’s season promotion helps local farmers and supports the Ministry’s idea of ‘farm-to-table’ sustainability in the food chain.Dr. Suliman Alkhtib, assistant of deputy minister of Ministry of Environment, Water and Agriculture (MEWA) in Riyadh Region, and Dr. Majid Al Farraj, director general of MEWA in Riyadh Region, Eng. Amer Al-Mutairi, director of MEWA in the Eastern Province, Dr. Galib Alsaedi, deputy director manager of MEWA in the Western Region, along with Shehim Mohammed, director of LuLu Saudi Hypermarkets, other invited guests, media...
August 10, 2021

LuLu Saudi Arabia promotes ‘farm-to-table’ sustainability in delicious promotion

ADNOC Distribution on Tuesday reported that its first-half 2021 EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) stood at 1.53 billion dirhams ($420 million), with a net profit of 1.15 billion dirhams. — WAM
UAE's ADNOC Distribution posts Dh1.15bn in H1 profit
ABU DHABI — ADNOC Distribution on Tuesday reported that its first-half 2021 EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) stood at 1.53 billion dirhams ($420 million), with a net profit of 1.15 billion dirhams. For the second quarter, EBITDA was 712 million dirhams with a net profit of 521 million dirhams, according to a press release on Tuesday. The strong results were driven by higher fuel volumes, improvement in non-fuel and commercial gross profit margin and increased operational efficiencies made in the first half of 2021. The company’s fuel volumes saw progressive recovery towards pre-COVID levels, an indication of improving consumer sentiment following the successful vaccination drive across the UAE, ADNOC Distribution said in a press release on...
August 10, 2021

UAE's ADNOC Distribution posts Dh1.15bn in H1 profit

Jameel Fund supports 8 research projects to combat COVID-19 and related diseases
JEDDAH — Eight research projects will receive grants from the Jameel Fund for Infectious Disease Research and Innovation in Saudi Arabia to combat COVID-19 and related diseases, including the Middle East Respiratory Syndrome Coronavirus (MERS-CoV), the Community Jameel Saudi and King Abdulaziz University (KAU) recently announced. The Fund will support Saudi researchers through several stages, the first of which was already launched in 2021, by supporting researchers' projects at KAU. Grant-winning research projects include proposals in areas of priority and importance in the scientific field, including medical technologies, biochemistry, medical products, and special infectious agents. Revolving around a set of clinical solutions to combat COVID-19 and related diseases, the...
August 09, 2021

Jameel Fund supports 8 research projects to combat COVID-19 and related diseases

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