Tadawul

Luberef to list Argus-derived base oil prices

Retrieved on: 
Tuesday, August 1, 2023

DUBAI, United Arab Emirates, Aug. 1, 2023 /PRNewswire/ -- Saudi Aramco base oil company Luberef is to start publishing base oil indexes derived from spot price assessments produced by global energy and commodity price reporting agency Argus.

Key Points: 
  • DUBAI, United Arab Emirates, Aug. 1, 2023 /PRNewswire/ -- Saudi Aramco base oil company Luberef is to start publishing base oil indexes derived from spot price assessments produced by global energy and commodity price reporting agency Argus.
  • The prices will appear on Luberef's website to help provide transparency to base oil market dynamics for its investors.
  • Luberef is also a member of the Saudi Aramco base oil alliance, along with Saudi Aramco affiliates Motiva and S-Oil.
  • Argus base oil prices are widely used around the world in contracts to price physical base oils.

Dubai Electricity and Water Authority PJSC Shareholders Approve One-time Payment of AED 2.03 Billion in Special Dividend to Shareholders

Retrieved on: 
Monday, December 12, 2022

Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubais exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), held its 2nd general assembly for 2022.

Key Points: 
  • Dubai Electricity and Water Authority PJSC (ISIN: AED001801011) (Symbol: DEWA), the Emirate of Dubais exclusive electricity and water services provider, which is listed on the Dubai Financial Market (DFM), held its 2nd general assembly for 2022.
  • DEWAs shareholders have approved the payment of a one-time special dividend of AED 2.03 billion with a record date of 22 December 2022.
  • We have increased the dividend payout to shareholders for the year 2022 from AED 6.2 billion to AED 8.23 billion.
  • At an IPO subscription share price of 2.48 AED / share, DEWAs 2022 dividend yield is 6.64%.

MODERN TECHNOLOGY CO. LTD, (MOTECO) SIGNS A MEMORANDUM OF UNDERSTANDING WITH SPARO, A MICROSOFT FOR STARTUPS COMPANY, TO UNITE THE WORLD AROUND CHARITABLE GIVING

Retrieved on: 
Tuesday, October 11, 2022

The Agreement was signed between the two companies at Moteco's headquarters in Riyadh, the capital of Saudi Arabia.

Key Points: 
  • The Agreement was signed between the two companies at Moteco's headquarters in Riyadh, the capital of Saudi Arabia.
  • Sparo, an end-to-end corporate social responsibility service of, announced a Series A investment by Saudi-based Moteco.
  • This is fully in line with HRH Crown Prince Prime Minister Mohammad bin Salman's Vision 2030."
  • Moteco is a Saudi Arabia-based company with a focus on the cutting-edge technology.

Verimatrix Threat Defense Technologies Deployed by Saudi Arabia’s Largest Online Shopping Service

Retrieved on: 
Wednesday, September 14, 2022

Verimatrix, (Euronext Paris: VMX), the leader in powering the modern connected world with people-centered security, today announced that Jarir, Saudi Arabias largest ecommerce and online shopping service, selected Verimatrixs App Shield Pro with monitoring, part of the Extended Threat Defense (XTD) family of products, to safeguard valuable IP within its services for Android users.

Key Points: 
  • Verimatrix, (Euronext Paris: VMX), the leader in powering the modern connected world with people-centered security, today announced that Jarir, Saudi Arabias largest ecommerce and online shopping service, selected Verimatrixs App Shield Pro with monitoring, part of the Extended Threat Defense (XTD) family of products, to safeguard valuable IP within its services for Android users.
  • The company also prioritized the need to monitor and detect threats among its install base, allowing it to identify threat patterns and prevent potential attacks.
  • We are pleased to work with market-leading companies such as Jarir to provide unmatched threat defenses.
  • Its important to us to work with cybersecurity experts such as Verimatrix who offer our needed mix of proactive protections, ease of use, and first-class service.

BiOWiSH Technologies Finalizes Capital Raising Agreement with Strategic Investor SABIC Agri-Nutrients Company

Retrieved on: 
Thursday, September 1, 2022

Featuring BiOWiSHs proprietary HoloGene 3 technology, the SABIC AN Bio-Enhanced Urea creates a high-performance partnership between the plant and BiOWiSH microorganisms.

Key Points: 
  • Featuring BiOWiSHs proprietary HoloGene 3 technology, the SABIC AN Bio-Enhanced Urea creates a high-performance partnership between the plant and BiOWiSH microorganisms.
  • The capital investment by SABIC Ventures follows the successful completion of a year-long technical evaluation of BiOWiSH coated on SABIC ANs urea in nine countries across five continents and nine different crop types.
  • We chose to partner with BiOWiSH Technologies because they have proven themselves as a leader in the industry.
  • Headquartered in Cincinnati, Ohio, BiOWiSH Technologies, Inc. is a global provider of biotechnology solutions for the agriculture, aquaculture, and environmental management industries.

BiOWiSH Technologies and SABIC Agri-Nutrients Company Announce Bio-Enhanced Mineral Fertilizer Collaboration

Retrieved on: 
Thursday, July 21, 2022

BiOWiSH Technologies, Inc. and SABIC Agri-Nutrients Company (SABIC AN) announced the successful completion of a year-long technical evaluation of BiOWiSH Crop Liquid technology coated on SABICs urea in nine countries across five continents and nine different crop types.

Key Points: 
  • BiOWiSH Technologies, Inc. and SABIC Agri-Nutrients Company (SABIC AN) announced the successful completion of a year-long technical evaluation of BiOWiSH Crop Liquid technology coated on SABICs urea in nine countries across five continents and nine different crop types.
  • Featuring the companys proprietary HoloGene 3 technology, BiOWiSH Crop Liquid creates a high-performance partnership between the plant and BiOWiSH microorganisms.
  • In addition, SABIC AN and BiOWiSH have constructed a joint development platform designed to advance further customizations across a range of SABIC ANs high-efficiency fertilizers.
  • It is very exciting that a market-leading fertilizer company such as SABIC AN recognizes the importance of biologicals and is placing such high focus and energy on bringing Bio-Enhanced Mineral Fertilizer to customers across the globe.

BNY Mellon expands collaboration with SNB Capital to launch transformative data management solution in Saudi Arabia

Retrieved on: 
Monday, December 20, 2021

KINGDOM OF SAUDI ARABIA, Dec. 20, 2021 /PRNewswire/ -- BNY Mellon and SNB Capital are pleased to announce a transformative data management solutions collaboration in the Kingdom of Saudi Arabia ("KSA" or "the Kingdom") to help build a robust, market-leading and inclusive capital markets ecosystem.

Key Points: 
  • KINGDOM OF SAUDI ARABIA, Dec. 20, 2021 /PRNewswire/ --BNY Mellon and SNB Capital are pleased to announce a transformative data management solutions collaboration in the Kingdom of Saudi Arabia ("KSA" or "the Kingdom") to help build a robust, market-leading and inclusive capital markets ecosystem.
  • Building on the earlier strategic alliance to deliver securities services capabilities, SNB Capital will deploy BNY Mellon's data platform within its IT infrastructure in the Kingdom.
  • The award-winning BNY Mellon data platform enables organizations to transform their data landscapes by centralizing and effectively managing complex investment assets.
  • This latest collaboration is a significant development for Saudi Arabia's financial sector and is set to deliver institutional clients of SNB Capital a single, unified solution for local and global assets.

BNY Mellon expands collaboration with SNB Capital to launch transformative data management solution in Saudi Arabia

Retrieved on: 
Monday, December 20, 2021

KINGDOM OF SAUDI ARABIA, Dec. 20, 2021 /PRNewswire/ -- BNY Mellon and SNB Capital are pleased to announce a transformative data management solutions collaboration in the Kingdom of Saudi Arabia ("KSA" or "the Kingdom") to help build a robust, market-leading and inclusive capital markets ecosystem.

Key Points: 
  • KINGDOM OF SAUDI ARABIA, Dec. 20, 2021 /PRNewswire/ --BNY Mellon and SNB Capital are pleased to announce a transformative data management solutions collaboration in the Kingdom of Saudi Arabia ("KSA" or "the Kingdom") to help build a robust, market-leading and inclusive capital markets ecosystem.
  • Building on the earlier strategic alliance to deliver securities services capabilities, SNB Capital will deploy BNY Mellon's data platform within its IT infrastructure in the Kingdom.
  • The award-winning BNY Mellon data platform enables organizations to transform their data landscapes by centralizing and effectively managing complex investment assets.
  • This latest collaboration is a significant development for Saudi Arabia's financial sector and is set to deliver institutional clients of SNB Capital a single, unified solution for local and global assets.

The Saudi Stock Exchange (Tadawul) Announces Its Transformation into A Holding Company (Saudi Tadawul Group) In Preparation for IPO

Retrieved on: 
Wednesday, April 7, 2021

Khalid Al-Hussan to be appointed as the Group's Chief Executive Officer

Key Points: 
  • Khalid Al-Hussan to be appointed as the Group's Chief Executive Officer
    The Saudi Stock Exchange (Tadawul) today announced its transformation into a holding group structure and reinforcing its capabilities in technology innovation by launching a dedicated applied technology solutions company, Wamid.
  • This transformation marks a new chapter in the Group's history and signals its readiness for the IPO in 2021.
  • Tadawul announced the launch of a holding company, the Saudi Tadawul Group, which will become the parent company with a portfolio of four subsidiaries: the Saudi Exchange, a dedicated stock exchange business (previously known as the Saudi Stock Exchange Company - Tadawul), the Securities Clearing Center Company (Muqassa), the Securities Depository Center Company (Edaa) and Wamid a new innovative applied technology services business, focused on providing innovation and nascent technologies within the Saudi economy through pragmatic innovation.
  • It will increase the Saudi capital market's attractiveness among global investors and reinforce its position as the issuers' exchange of choice.

The Saudi Stock Exchange (Tadawul) Announces Its Transformation into A Holding Company (Saudi Tadawul Group) In Preparation for IPO

Retrieved on: 
Wednesday, April 7, 2021

Khalid Al-Hussan to be appointed as the Group's Chief Executive Officer

Key Points: 
  • Khalid Al-Hussan to be appointed as the Group's Chief Executive Officer
    The Saudi Stock Exchange (Tadawul) today announced its transformation into a holding group structure and reinforcing its capabilities in technology innovation by launching a dedicated applied technology solutions company, Wamid.
  • This transformation marks a new chapter in the Group's history and signals its readiness for the IPO in 2021.
  • Tadawul announced the launch of a holding company, the Saudi Tadawul Group, which will become the parent company with a portfolio of four subsidiaries: the Saudi Exchange, a dedicated stock exchange business (previously known as the Saudi Stock Exchange Company - Tadawul), the Securities Clearing Center Company (Muqassa), the Securities Depository Center Company (Edaa) and Wamid a new innovative applied technology services business, focused on providing innovation and nascent technologies within the Saudi economy through pragmatic innovation.
  • It will increase the Saudi capital market's attractiveness among global investors and reinforce its position as the issuers' exchange of choice.