Archives

Saudi Arabia

Fri, 11 Feb 2022 12:30:44 GMT
PROJECTS: Saudi Ma'aden announces the start of trial production at new ammonia plant
The design capacity is 1.1 million tonnes per annum

Fri, 11 Feb 2022 11:30:18 GMT
PROJECTS: Saudi's Alakaria awards $32mln infrastructure works contract
Contract awarded to Mohammmad Al-Ojaimi Contracting

Fri, 11 Feb 2022 09:24:53 GMT
Saudi forms body to upgrade construction sector 
17 targets set 

Fri, 11 Feb 2022 08:21:25 GMT
Kuwaiti firms to set up leisure hubs, mall in Saudi Arabia
These projects aim to support the Eastern Province’s tourism, entertainment, culture, education, health, sports, environment, and privatization sectors

Fri, 11 Feb 2022 06:45:46 GMT
Saudi PIF takes majority stake in Dubai's Depa for $41mln
Depa's board expanded to include 6 PIF appointees

Fri, 11 Feb 2022 05:56:16 GMT
Durra border reopens between Saudi Arabia and Jordan
According to figures for 2021, 28,858 vehicles and trucks departed, and 30,756 entered, via the Durra crossing

Fri, 11 Feb 2022 05:00:03 GMT
SRMG upgraded to MSCI Saudi Arabia Standard Index, bringing constituents to 34
This comes as part of the results of MSCI’s February 2022 Quarterly Index Review

Thu, 10 Feb 2022 15:30:03 GMT
Nokia partners with Zain KSA to expand and enhance its digital infrastructure
The agreement was signed during the LEAP global technology event in Riyadh and organized by the Saudi MCIT

Thu, 10 Feb 2022 13:30:03 GMT
Bahrain’s GFH to list on Saudi market this year, CEO says
Investments and revenues from the hospitality sector boosted the group’s performance in 2021

Thu, 10 Feb 2022 13:30:03 GMT
Sumou Real Estate pens development contract
Maintenance of a land plot spanning 1.58mln square metres in Dammam City

Thu, 10 Feb 2022 13:30:03 GMT
Jeddah Airport Co. to upgrade King Abdulaziz Airport’s services
To create an attractive investment environment for local and foreign investors

Thu, 10 Feb 2022 12:00:03 GMT
Strong oil output pushes Saudi industrial production index to highest sine June
This was the second-highest growth rate during the last three years

Thu, 10 Feb 2022 12:00:03 GMT
Kerten Hospitality, Rooh Al Reef Hotels plan eco resorts in Saudi Arabia
Kerten Hospitality to develop community and sustainability-driven resorts throughout Saudi Arabia

Thu, 10 Feb 2022 10:37:00 GMT
'Egypt is keen to involve the private sector in executing its ambitious water resources strategy' - Metito Africa CEO
Metito is keen to capitalise on the opportunities arising from the government's water resources and infrastructure development plan, said Kareem Madwar

Thu, 10 Feb 2022 10:00:08 GMT
Nokia to expand, enhance Zain KSA’s digital infrastructure
This agreement is in line with Zain KSA’s initiatives to position the Saudi telecom sector on a global scale

Thu, 10 Feb 2022 10:00:08 GMT
Invixium appoints Saudisoft as a distributor for Saudi Arabia
Saudisoft now offers Invixium’s full portfolio of biometric and card readers

Thu, 10 Feb 2022 07:29:45 GMT
Saudi project upturn boost steel prices
Demand is picking up

Thu, 10 Feb 2022 07:00:04 GMT
Valid PCR must to travel via Bahrain-Saudi causeway
The Directorate urged everyone to abide by the law and to submit a valid PCR

Thu, 10 Feb 2022 05:02:12 GMT
Tech experts discuss smart ways to make Madinah a city of the future
First Smart Madinah Forum considered how the Saudi city might become one of the most tranquil yet dynamic cities in the world through the use of technology and innovation

Wed, 09 Feb 2022 14:30:04 GMT
Saudi Chamber to assume presidency of the Federation of GCC Chambers
President of the Council of Saudi Chambers, Ajlan bin Abdulaziz Al-Ajlan, will lead the FGCCC in its 22nd session

Wed, 09 Feb 2022 14:00:04 GMT
Al Rajhi REIT Fund completes $25mln acquisition of Oasis mall
Al Rajhi Capital has announced the acquisition of Oasis mall in Al Kharj

Wed, 09 Feb 2022 13:24:45 GMT
Saudi Arabia issues license to Hong Kong’s OOCL to operate in Kingdom’s ports
The license is subject to all the requirements of the Maritime Agents Regulations

Wed, 09 Feb 2022 13:22:10 GMT
Diriyah Gate's unit awards NESMA $311mln contract for building roads
To build the principal Diriyah Interchange on Riyadh's Western Ring Road

Wed, 09 Feb 2022 12:30:04 GMT
5 Saudi eateries named among best restaurants in Middle East in 2022
Marble, in Riyadh, is the 30th best restaurant in the Middle East

Wed, 09 Feb 2022 12:27:45 GMT
Saudi cement producer Qassim's annual profit decline by 30%
Drop in revenues by 19.5 percent

Wed, 09 Feb 2022 11:00:05 GMT
Nine people arrested in mass brawl in Riyadh
Authorities identified the brawlers as seven Egyptians and two Sudanese expatriate residents

Wed, 09 Feb 2022 08:33:16 GMT
Saudi Arabia signs digital transformation pact with SAP
Saudi Arabia’s Ministry of Communications and Information Technology (MCIT) and SAP, the global technology company, signed an agreement to explore collaboration areas regarding SAP’s cloud services and software solutions

Wed, 09 Feb 2022 08:30:04 GMT
Covid drives education innovation in Saudi Arabia: WB
More than two-thirds of teachers believed that their students’ academic achievement and skills increased during the digital and distance education provided in Saudi Arabia in the 2020-21 school year

Wed, 09 Feb 2022 05:23:14 GMT
New virus testing rules come into effect for travelers to Saudi Arabia
Citizens who test positive but have received their full amount of vaccine doses approved by the Kingdom are allowed to enter after 7 days from the date of their positive test without the need for a re-examination

Wed, 09 Feb 2022 04:35:53 GMT
Saudi authorities sign deal to develop cultural, entertainment sectors
Ministry of Culture also signs cooperation agreement with Tourism Development Fund

Wed, 09 Feb 2022 04:00:08 GMT
Video: ESG to give Islamic finance a major boost in 2022
Increased focus on ESG principles to give rise to demand for Islamic products

Tue, 08 Feb 2022 14:30:03 GMT
Saudi Arabia reports 3,330 new COVID-19 cases, 2 deaths on Tuesday
A total of 8,959 people have succumbed to the virus in the Kingdom so far

Tue, 08 Feb 2022 14:22:35 GMT
Saudi Arabia targets a 13.5mln bpd capacity energy minister tells Time magazine
Prince Abdulaziz bin Salman affirmed that Saudi Arabia can launch multibillion-dollar solar, wind, and hydrogen projects

Tue, 08 Feb 2022 13:28:54 GMT
Astra Industrial Group’s Jordanian unit to sell entire stake in Al Anmaa at $195mln
Jordanian steel manufacturer will exit its investment in Al Anmaa

Tue, 08 Feb 2022 12:59:34 GMT
Saudi market regulator approves Bank Albilad’s $2.67bln capital raise
Bank Albilad aims to carry out the capital raise through the issuance of bonus shares

Tue, 08 Feb 2022 12:47:39 GMT
CEO of Sadr Logistics resigns due to “his practical obligations”
Sadr Logistics Co. announced the resignation of its chief executive officer Abdulrahman Al-Hadlaq

Tue, 08 Feb 2022 12:00:03 GMT
Checkout.com plans more Saudi jobs amid Middle East expansion: SVP
Saudi Arabia is a growing market with a young population and high penetration of cell phone

Tue, 08 Feb 2022 12:00:03 GMT
Capital Travel named UAE promoter for Riyadh Season
Running until March 31 2022, Riyadh Season has welcomed more than 4mln monthly visitors since its opening in October 2020

Tue, 08 Feb 2022 11:00:03 GMT
Saudi Arabia revises guidelines for Umrah performers, visitors
The ministry indicated that these new requirements will go into effect starting at 1am Wednesday, February 9, 2022

Tue, 08 Feb 2022 10:30:03 GMT
Saudi retailer Al-Othaim Markets 2021 profit falls 32%
Net profit decreased to $81mln

Tue, 08 Feb 2022 10:30:03 GMT
Alkhabeer Growth & Income Traded Fund gets CMA listing approval
Closed-ended traded fund

Tue, 08 Feb 2022 10:26:14 GMT
Adnan Al-Khalaf takes over as CEO of largest Saudi gym operator Leejam
Adnan Al-Khalaf as chief executive officer effective Feb. 13

Tue, 08 Feb 2022 07:52:24 GMT
'Saudi Arabia will lead the world in terms of retail market growth'

Tue, 08 Feb 2022 05:30:04 GMT
425-year-old Aldenham School to open Riyadh site
Aldenham School, which was founded in 1597, is located in the UK county of Hertfordshire

Tue, 08 Feb 2022 05:20:16 GMT
Saudi's Diriyah giga-project awards $311mln transportation works contract
Contract awarded to Saudi construction company Nesma

Mon, 07 Feb 2022 16:01:03 GMT
Egyptian food and beverage company Beyti to invest in new production lines
Company to invest $16mln in 2022 in new production lines 

Mon, 07 Feb 2022 13:30:01 GMT
Huawei to develop, expand Zain’s digital services in KSA
Agreement signed

Mon, 07 Feb 2022 13:27:06 GMT
Saudi fisheries CEO lays out $4bln investment plan
We are focused on job creation, protecting the local markets and improving and promoting our seafood industry, he said



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