Latest news with #NojoomAlSalam
Al Arabiya
5 days ago
- Business
- Al Arabiya
Saudi Arabia privatizes three local football clubs through public offering
Saudi Arabia announced on Thursday the privatization of three football clubs, Al Ansar, Al Kholood, and Al Zulfi, through a public offering, the sports ministry said. Ownership of these three clubs has been transferred to investment entities, it said, without giving any financial details. For more Saudi sports news, visit our dedicated page. The ownership of Al Zulfi Club will transfer to Nojoom AlSalam company, Al Kholood to Harburg Group, and Al Ansar to the Awdah AlBiladi And His Sons company. As for other clubs, the ministry confirmed it has completed the bidding stage for Al Nahda Club and is reviewing offers, with an extension granted for further proposals. Sport is one of the pillars of Saudi Arabia's Vision 2030 economic diversification plan that seeks to build new industries and create jobs.
Zawya
5 days ago
- Business
- Zawya
Saudi Arabia privatises three local soccer clubs through public offering
Saudi Arabia announced on Thursday the privatisation of three soccer clubs, Al-Ansar, Al-Kholood, and Al-Zulfi, through a public offering, the sports ministry said. Ownership of these three clubs has been transferred to investment entities, it said, without giving any financial details. The ownership of Al-Zulfi Club will transfer to Nojoom AlSalam company, Al-Kholood to Harburg Group, and Al-Ansar to the Awdah Al Biladi And His Sons company. As for other clubs, the ministry confirmed it has completed the bidding stage for Al-Nahda Club and is reviewing offers, with an extension granted for further proposals. Sport is one of the pillars of Saudi Arabia's Vision 2030 economic diversification plan that seeks to build new industries and create jobs. (Reporting by Jana Choukeir and Ahmed Elimam Editing by Tomasz Janowski, Kirsten Donovan)
Reuters
5 days ago
- Business
- Reuters
Saudi Arabia privatises three local soccer clubs through public offering
DUBAI, July 24 (Reuters) - Saudi Arabia announced on Thursday the privatisation of three soccer clubs, Al-Ansar, Al-Kholood, and Al-Zulfi, through a public offering, the sports ministry said. Ownership of these three clubs has been transferred to investment entities, it said, without giving any financial details. The ownership of Al-Zulfi Club will transfer to Nojoom AlSalam company, Al-Kholood to Harburg Group, and Al-Ansar to the Awdah Al Biladi And His Sons company. As for other clubs, the ministry confirmed it has completed the bidding stage for Al-Nahda Club and is reviewing offers, with an extension granted for further proposals. Sport is one of the pillars of Saudi Arabia's Vision 2030 economic diversification plan that seeks to build new industries and create jobs.
Argaam
27-05-2025
- Business
- Argaam
WAJA signs SAR 12.9M contract for shopping center finishing works
WAJA Co. signed today, May 27, a contract with Redof Contracting LLC to carry out the interior and exterior finishing works for the Wadi Khuzam Shopping Center, located in Al-Khuzam District. The center is owned by the main developer, the National Housing Co. (NHC), in partnership with the sub-developer and operator, Nojoom Al Salam Co. for Investment and Real Estate Development. In a statement to Tadawul, WAJA said the contract is valued at approximately SAR 12.9 million, inclusive of VAT, with a duration of six months. The company expects the contract to positively impact its revenues in the fourth quarter of this year. Under the terms of the agreement, WAJA will execute all interior and exterior finishing works for the project, including architectural, electromechanical, and landscaping works across the entire site.
