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- Jamjoom Pharma enters deal with Bio-Thera for Cosentyx biosimilar
- Adnoc L&S uses AI to optimise operations at UAE petroleum ports
- Al Majdiah awards contracts for two residential projects
- Fujitec Saudi Arabia wins Naba AlSaha Hospital contract
- Al-Futtaim buys 49.95% stake in Cenomi Retail for $686m
- ALEC Holdings launches IPO; ICD offers 20% stake
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16/09/2025 07:50 AST
Dar Al Majdiah Real Estate Company (Al Majdiah) has signed two contracts with Tatweej Contracting Company to implement two residential projects - one each in Riyadh and Jeddah - as part of the company's projects with the National Housing Company (NHC).
The Adeem Al-Fursan project in Riyadh is an off-plan development comprising 540 villas and townhouses. The SAR298.127 million ($79.47 million) contract comes within the company's commitment to its expansion plans to develop high-quality residential projects that align with Saudi Vision 2030 and meet the needs of the real estate market, said a company filing at the Saudi Exchange.
In another contract, Al Majdiah awarded the construction of the Khayala 1 residential project in Jeddah, which is also one of the company's projects with the National Housing Company (NHC) to Tatweej Contracting.
The project is an off-plan development comprising 528 residential units and the contract is valued at SAR155.48 million ($41.45 million).
The scope of the contracts includes construction, infrastructure, and all execution works in accordance with the approved specifications.
Trade Arabia
22/08/2025
For the third consecutive year, Almarai has been recognized as the fourth most valuable dairy company worldwide for 2025 by Brand Finance, the industry leader in brand valuation.
This rankin
Saudi Gazette
16/06/2025
Saudi dairy giant Almarai has signed an agreement to fully acquire Pure Beverages Industry Co. for SR1.04 billion ($277 million), aiming to diversify its offerings and enhance its market position. <
Arab News
21/01/2018
Saudi Arabia's Almarai, the Gulf's largest dairy company, reported a 4.3 percent decline in fourth-quarter profit on Sunday due to tough market conditions that prevailed throughout 2017, missing some
Reuters
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| FADECO | 61.00 | -0.20 (-0.33 |
| SAVOLAGROUP | 22.54 | -0.41 (-1.79 |
| SADAFCO | 260.20 | 3.00 (1.16 |
| NADEC | 20.50 | -0.14 (-0.68 |
| SFICO | 91.80 | 0.35 (0.38 |
16/09/2025
Jamjoom Pharmaceuticals Factory Company (Jamjoom Pharma), one of the fastest-growing pharmaceutical companies in the Middle East and Africa, has signed a strategic commercialisation agreement with Bi
Trade Arabia
16/09/2025
Adnoc Logistics and Services (Adnoc L&S) has deployed the first AI-powered Smart Port Solution in the GCC to optimise petroleum port operations.
The solution streamlines resource allocation
Trade Arabia
16/09/2025
Saudi Arabia's Naba Alsaha Medical Services Company has awarded a contract to Fujitec Saudi Arabia for the supply and installation of elevators and escalators for the Naba AlSaha Hospital project in
Trade Arabia
16/09/2025
Al-Futtaim, a regional retail powrhouse, has acquired a 49.95% stake in Cenomi Retail, a leading retail brand in Saudi Arabia, for a total consideration of SAR2.52 billion ($686 million), at SAR44 pe
Trade Arabia
16/09/2025
ALEC Holdings, a market-leading diversified engineering and construction group, today announced its intention to list 20% of its share capital on the Dubai Financial Market (DFM) through an initial p
Trade Arabia
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