Government working on investment framework for hyper-scale data centre development

New exec has more than two decades of experience in engineering, strategy, finance 

GO intends to increase the financial solvency of the company

Jadwa REIT Saudi Fund aims to acquire real estate assets

InterContinental Riyadh King Fahed Road is the second of at least seven hotels to be announced

30 companies in Forbes list control a total of $258bln in assets

InterContinental Riyadh King Fahed Road is part of 7 hotels planned with Saudi's RIVA Development Company

Piaia is a well-known executive in the tourism and development sector

The region's total distributed energy market is estimated to garner a revenue of $602 million by the end of 2021

Book building process for institutional subscription complete

Al Rajhi Capital and NCB Capital give estimates for top Saudi listed companies

106,000 houses finished

As part of the strategy there are plans to increase air connectivity to 250 international destinations: official

Scleractinian, reef-building corals are the foundation species of the coral reef ecosystem

Beasley expressed his gratitude to Saudi Arabia, represented by KSrelief, for this contribution, adding that it came at a time of great need

Health Ministry official says critical numbers stabilizing

The sovereign wealth fund aims to boost its local investments to account for 75-80% of its total investments: official

The applications were sorted according to a specific mechanism such as the readiness of the pilgrim physically, taking into account if they had already performed Hajj

The findings include a graveyard of fossilized whalebones in the Saudi Arabia’s Jouf region

Tthe government would provide 35% of the needed investments, and the rest would come from private investors: minister

Both parties signed a master hotels development agreement

The award, part of Frost & Sullivan’s 2021 Best Practices Recognition Program, recognizes a high degree of innovation with products

The extension of the licence is effective from July 22

Tadawul did not disclose further details about the public offering

Financial disputes and project delays formed the majority of cases

Saudi's Kingdom Holding announces chairman, vice chairman for new three-year term

Banking exec Hani Al-Medaini takes over from Fahad Al-Saif, who has joined the Saudi sovereign wealth fund PIF

The villas form part of the Al-Mashriqiya project 

Minister of Human Resources and Social Development Ahmed Al-Rajhi said the ministry's plan for this year targeted providing more than 203,000 jobs

The award has promoted KAFD's regional position and value as a leading authority in applying the best international sustainability standards

The health ministry spokesman confirmed that the new delta variant has affected children in different parts of the world

The grant aims to support the development of SMEs in Egypt and to be a catalyst for job creation.: Egyptian minister

Company formation firm has seen a 40% rise in inquiries since relations resumed in January

The Saudi-based mobile telecoms company said the proposal for a joint consortium including Zain KSA does not align with strategy and objectives

Islamic finance body will provide credit facilities like import financing and buyer's credit

Mobily will continue to evaluate alternative offers

Additional services to accommodate flyers between UAE, Saudi Arabia

Profitability of both lenders to remain under pressure

Saudi Arabia has endured the pain alone, so everyone can reap the fruits of this voluntarily cut

Total of 38,285 mortgages issued for purchase of villas and townhouses in the first quarter of 2021

The total number of recoveries in the Kingdom has increased to 471,550

Saudi Arabia is a major market for the company and is its biggest revenue generator online

Anyone entering Saudi Arabia after the ban comes into effect will need to quarantine

Scientific tracks undertaken by the students included coding, renewable energy, electrical, chemical, and mechanical engineering, anatomy, physiology, and biomedical sciences

Jazan health department allocates 37 centers to provide COVID-19 vaccine to Hajj pilgrims

The violations included noncompliance with social distancing and wearing a mask, leniency in measuring the temperature of customers, overcrowding issues, and a failure to effectively use the Tawakkalna app

The ministry's branch in Riyadh urged owners of enterprises to abide by all precautionary measures at workplaces to curb the spread of the virus, and to abide by the ministry's regulations to avoid incurring penalties

2 of those arrested were government employees; suspects accused of obtaining money from citizens, residents in exchange for modifying their health status