Archives

Saudi Arabia

Fri, 28 Jan 2022 07:01:05 GMT
US-based Ideanomics to set up EV charging systems assembling facilities in UAE
E-mobility group's plans include vehicle assembling plants; To house regional HQ in Dubai.

Fri, 28 Jan 2022 06:07:24 GMT
137,000 Saudis benefit from tourism sector human capital development initiative
The initiative helped 2,614 Saudis to gain professional qualifications and enhance their leadership skills

Fri, 28 Jan 2022 05:32:33 GMT
Saudi and British ministers discuss developing cooperation
During the meeting, they reviewed aspects of cooperation between the two kingdoms and ways to enhance and develop them in all fields

Fri, 28 Jan 2022 05:31:20 GMT
Rockwell Automation to participate in Aramco's localisation programme
Signs up to participate in Aramco's In-Kingdom Total Value Add (IKTVA) programme

Thu, 27 Jan 2022 15:00:04 GMT
Saudi Arabia to host the 14th edition of global oil and gas conference
The conference will involve regional energy ministers, industry leaders

Thu, 27 Jan 2022 13:00:04 GMT
Saudi Kayan turns to profitability in 2021
The company generated revenues up 58.06%

Thu, 27 Jan 2022 13:00:04 GMT
SIIG logs 1,135% higher profits in 2021
Company's net profits after Zakat and tax retreated by 48.085%

Thu, 27 Jan 2022 12:50:36 GMT
Digitalization key to boosting insurance sector’s competitiveness: KPMG Saudi Arabia
The growth in the Kingdom’s insurance sector was led by the automotive and medical sectors

Thu, 27 Jan 2022 12:50:27 GMT
Saudi SNAM to produce 10,000 cars by 2023, CEO confirms
Al-Duhaish confirmed laying the foundation stone for the first car assembly plant in Jubail Industrial City in Saudi Arabia

Thu, 27 Jan 2022 12:00:04 GMT
Ericsson to showcase 5G and innovative technologies at Leap 22
Ericsson will exhibit its portfolio of products including Massive MIMO, Network Slicing, and Time-Critical Communication

Thu, 27 Jan 2022 11:00:04 GMT
Saudi Fisheries driving the transformation of the Kingdom’s aquaculture industry
Saudi Arabia saw its traditional aquaculture industry transform into an export-oriented and modernized hub

Thu, 27 Jan 2022 11:00:04 GMT
Saudi Industrial Investment Group sees 1,135% jump in its 2021 profit
Its primary aim is to invest in the petrochemical industry for its shareholders

Thu, 27 Jan 2022 10:36:52 GMT
London’s King’s College Hospital to open its doors in Jeddah
The state-of-the-art King’s College Hospital Jeddah, located on King Abdulaziz Road, will cover an area of over 32,000sqm

Thu, 27 Jan 2022 10:30:04 GMT
Naqua: At the heart of Saudi Arabia's push to produce 600,000 tons of fish a year
Middle East’s largest firm in this industry

Thu, 27 Jan 2022 09:58:36 GMT
Saudi's Etihad Atheeb narrows losses to $2.9mln
Losses now represent 12.3% of share capital 

Thu, 27 Jan 2022 09:35:57 GMT
Commerce Minister bets on Saudi to be among 10 top competitive countries globally by 2030
The minister also launched the new work plan for the center during the same meeting in an attempt to make the Kingdom a global competitive economy

Thu, 27 Jan 2022 08:30:04 GMT
Saudi Kayan turns into profits of $640mln in 2021 as petrochemical sector blossoms
As the economic situation improved globally, the homegrown firm managed to erase losses of 210mln from a year earlier

Thu, 27 Jan 2022 08:19:42 GMT
French construction design firm Clestra Hauserman opens regional HQ in Riyadh
Known internationally for their eco-friendly partitions, Clestra Hauserman’s decision to open a regional office in the capital city comes one year after Crown Prince Mohammed bin Salman announced the Riyadh Strategy 2030 plan

Thu, 27 Jan 2022 07:00:50 GMT
Saudi's Riyadh PP11 independent power project secures $1.2bln refinancing
The project had completed a partial refinancing in 2016

Thu, 27 Jan 2022 06:14:53 GMT
Saudi GACA, KACST sign MoU to establish a center for research & development
The memorandum aims to contribute in supporting aircraft manufacturing and design, drawing a roadmap to support research, development and innovation in the field of air transport safety, both manned and unmanned

Thu, 27 Jan 2022 06:11:43 GMT
All remaining slums in Makkah to be developed soon
The authorities have concluded agreements with developers to start developing some parts of these neighborhoods

Thu, 27 Jan 2022 06:00:08 GMT
Booster dose: Saudi Arabia updates COVID-19 immunization status starting January 26
The Ministry of Interior (MoI) has confirmed that the immunization status will not change if the period is less than 8 months, stressing the need to obtain the third booster dose to enter facilities, public places, entertainment venues, airplanes and...

Thu, 27 Jan 2022 05:53:20 GMT
Jeddah to have major facelift, covering over 60 undeveloped neighborhoods
The ambitious $20bln project is meant to develop 5.7 million square meters of land overlooking the Red Sea to be financed by PIF as well as by the local and international investors

Thu, 27 Jan 2022 05:41:31 GMT
Acciona completes the construction of Shuqaiq 3 desalination plant in Saudi Arabia
The plant supply potable water to a population of 2 million in Azir and Jizan

Thu, 27 Jan 2022 04:39:56 GMT
Who’s coming to Saudi Arabia’s LEAP conference
The event will host workshops and sessions based around the future of IT including, education, financial technology, electric cars and smart cities

Thu, 27 Jan 2022 04:34:49 GMT
Saudi king Salman appoints new board to help SAIP become regional IP hub
The main tasks of SAIP include developing a national IP strategy, proposing and developing relevant regulations and laws, and registering, granting and protecting IP rights

Wed, 26 Jan 2022 13:36:49 GMT
Saudi PIF-owned Savvy makes debut with acquisition of ESL and FACIT
Saudi Arabia's Public Investment Fund launched Savvy Gaming Group that will be chaired by Crown Prince Mohammed bin Salman

Wed, 26 Jan 2022 13:30:04 GMT
Moody’s upgrades MedGulf’s IFSR to Ba1; outlook positive
The outlook on the company has been changed to positive from rating under review position

Wed, 26 Jan 2022 13:30:04 GMT
Saudi Pavilion launches Coffee Week at Dubai’s Expo 2020
This includes showing casing a variety of coffee-making and brewing techniques

Wed, 26 Jan 2022 13:00:03 GMT
Dallah Healthcare inks share swap MoU with KUN Investment
The agreement includes the sale and purchase of shares accounting for 18.98% of International Medical Center Company

Wed, 26 Jan 2022 12:24:23 GMT
Saudi Arabia aims to raise global bar in sustainable tourism: Expo 2020 World Majlis event
Saudi Arabia’s Red Sea Project will be entirely carbon neutral

Wed, 26 Jan 2022 10:40:21 GMT
Yokogawa, Aramco eye chip manufacturing in Saudi Arabia
Japan’s Minimal Fab Promoting Organization since 2017, will offer its expertise in deploying Minimal Fab technology to Aramco facilities

Wed, 26 Jan 2022 10:00:04 GMT
Saudi automotive acquires NAFT gas station operator in $293.3mln deal
The deal comes as part of SASCO’s expansion strategy to acquire new sites, increase market share, and enhance its reach and network of stations

Wed, 26 Jan 2022 07:16:12 GMT
Saudi's Advanced Petrochemical to buy back up to 1.5mln shares
Company plans to allocate them as treasury shares within its incentive programme for workers

Wed, 26 Jan 2022 07:00:05 GMT
Saudi Arabia launches ‘Sports Career Day’ to connect job seekers with sports sector
The three-day initiative, which is being organized by the Leaders Development Institute, was inaugurated by Deputy Sports Minister Badr Al-Qadi, on behalf of Prince Abdul Aziz bin Turki Al-Faisal, the minister of sport, at the Prince Faisal bin Fahd ...

Wed, 26 Jan 2022 06:28:06 GMT
15% jump in number of Saudis working in private healthcare sector
The total number of workers in the sector reached 444,930 at the end of the third quarter of 2021, with foreign workers making up about 53%, or 235,835 employees

Wed, 26 Jan 2022 06:17:51 GMT
Saudi's NDMC clears 43% of debts due for payment in 2022
Saudi's NDMC will issue securities in an optimal way to maintain the average maturity of the Kingdom’s public debt and reduce the risk of refinancing

Wed, 26 Jan 2022 05:57:48 GMT
Saudi to build 300,000 houses in 5 years
New project launched

Wed, 26 Jan 2022 05:40:01 GMT
Saudi Arabian Pipes Co. wins $71.4mln Aramco order for supply of steel pipes
Financial impact to begin from Q3 2022

Wed, 26 Jan 2022 05:07:25 GMT
India emerges as Saudi Arabia’s second-largest trading partner
Trade between the two countries in the current financial year was $24.9bln, an increase of 94%

Wed, 26 Jan 2022 05:04:26 GMT
Aramco tops Arab companies on Brand Finance Global 500 list
Following a difficult period for the oil and gas sector as a result of the COVID-19 pandemic, Aramco placed 31st in the list and is the only Arab company in the top 100 of the world’s 500 most valuable brands in 2022

Wed, 26 Jan 2022 04:48:51 GMT
Saudi Arabia, Thailand 'turn new page in relations' as prime minister visits
Agreed to fully restore diplomatic ties and to exchange ambassadors in the near future, joint statement said

Wed, 26 Jan 2022 04:23:47 GMT
Saudi Arabia and Iraq sign MoU to link power grids
The agreement paves the way for the transfer of electricity between Iraq and Saudi, GCC grids

Tue, 25 Jan 2022 14:48:36 GMT
Honeywell launches new facility for oil and gas in Saudi Arabia
The facility will mainly cater to the Saudi Arabian market, GCC countries

Tue, 25 Jan 2022 12:31:12 GMT
Aramco, mCloud to explore a joint hub for ESG solutions in Saudi Arabia
This hub would enable both parties to jointly develop new AI-powered innovations

Tue, 25 Jan 2022 12:28:19 GMT
Saudi Arabia, Iraq sign electrical interconnection agreement
Part of a goal to make the Kingdom a regional center for linking electricity systems in the Arab world

Tue, 25 Jan 2022 12:24:03 GMT
Bahri, Metito launch trial ops of first Saudi floating desal plant
The project was developed by Metito

Tue, 25 Jan 2022 12:22:09 GMT
Thai PM arrives in Saudi Arabia in visit to build ties
Upon arrival at the King Khalid International Airport, Chan-ocha was received by the deputy emir of Riyadh



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