Archives

Saudi Arabia

Mon, 21 Feb 2022 13:03:35 GMT
Saudi and UAE continue to lead the Middle East hotel construction market
The Middle East was the leader in opening to international arrivals and hosting large events

Mon, 21 Feb 2022 12:53:05 GMT
EnEx to set up drone manufacturing plant at Saudi energy park
EnEx Group is a private Saudi company acting as an investor and business promoter

Mon, 21 Feb 2022 12:24:50 GMT
Companies and governments should continue oil sector investment: Aramco CEO
Aramco increased the spare capacity from 12mln barrels per day to 13mln bpd in 2020

Mon, 21 Feb 2022 11:00:34 GMT
Aslak signs MoU with UAE's A-1 Fence DMCC for possible acquisition
The possible acquisition aims to enable Aslak to diversify its sources of income and maximise its profitability

Mon, 21 Feb 2022 10:37:16 GMT
SASCO inks facility agreement with Riyad Bank
The facilities include ten-year financing

Mon, 21 Feb 2022 10:35:52 GMT
Lack of investments in energy sector causing a price surge: Saudi energy minister
Speaking at the International Petroleum Technology Conference in Riyadh, the minster noted that innovation is necessary to ensure a plan to use renewables to generate half of the energy required by the Kingdom by 2030

Mon, 21 Feb 2022 10:00:43 GMT
SASCO gets $135mln loan from Riyad Bank to finance NAFT acquisition
The long-term loan, obtained on Feb. 20, will be paid over a period of ten years

Mon, 21 Feb 2022 09:55:37 GMT
Saudi telecom operator Mobily profits up 37% in 2021
The strong results were primarily driven by growth in the Business and Consumer segments

Mon, 21 Feb 2022 08:21:34 GMT
Saudi firm to manufacture drone systems at Spark
Spark is a fully integrated industrial ecosystem and spans an area of 50 sq km

Mon, 21 Feb 2022 06:55:25 GMT
Saudi's Mobily 2021 net profit jumps 36.8% to $285mln
Telecom operator reports higher revenues, growth in subscriptions

Mon, 21 Feb 2022 05:31:52 GMT
Saudi's largest pharmacy chain Nahdi Medical to 'accelerate' UAE expansion
Firm confirms expansion as it prepares to list on local bourse

Mon, 21 Feb 2022 05:00:24 GMT
Saudi mall operator Arabian Centers returns to pre-pandemic level
As occupancy rates and commercial activity increased, the company renewed licenses to work on the Jawharat Arriyadh project

Sun, 20 Feb 2022 08:30:19 GMT
Initiatives to plant and preserve wild plants and trees in Saudi Arabia
The plant species are found in sandy areas, salt marshes and aquatic environments

Sun, 20 Feb 2022 08:30:19 GMT
Saudi minister hold talks in Ecuador as part of South American tour
The two sides also exchanged views on a number of regional and international issues of common interest

Sun, 20 Feb 2022 08:30:19 GMT
Saudi Electronic University launches e-learning forum in Riyadh
The event will bring together educators, policymakers, innovators to find ways to solve digital challenges

Sun, 20 Feb 2022 08:00:36 GMT
Nahdi Medical plans IPO, listing on Saudi Exchange
The offering is expected to comprise a sale of existing shares and result in a free float of 30%

Sun, 20 Feb 2022 04:00:46 GMT
Saudi Arabia to hold a number of events over three days to celebrate the first Founding Day
Cities across Saudi Arabia are set to host the largest traditional cultural show simulating human struggle since the founding of the Saudi state

Sat, 19 Feb 2022 08:24:51 GMT
Sedco sells key Saudi dining group to US investment group
AEC operates 17 casual dining restaurants throughout Saudi Arabia and is the local franchisee for Applebee's Neighborhood Grill + Bar, one of the world's largest casual dining brands

Sat, 19 Feb 2022 05:00:53 GMT
Diriyah, Jewel of the Kingdom: Diriyah supports young survivors on International Childhood Cancer Day
The 2022 theme focuses on “Better Survival” and how this is achievable #throughyourhands

Sat, 19 Feb 2022 04:52:05 GMT
Saudi interior ministry launches joint tactical exercise for internal security forces sector
The joint tactical exercise is being held under the guidance and follow-up of the interior minister

Fri, 18 Feb 2022 13:38:46 GMT
SEDCO Holding completes sale of Arabian Entertainment Co. to GLD Partners
SEDCO is exiting from the food service sector

Fri, 18 Feb 2022 12:40:58 GMT
Saudi Arabia backs global efforts to develop innovative cultural policies: Minister
Prince Badr expressed his appreciation for UNESCO’s efforts in preparing and coordinating the consultations

Fri, 18 Feb 2022 12:39:32 GMT
Saudis see long-term job stability in tourism, government study shows
Some 83 percent expressed that working in the tourism sub-sectors would be a very suitable option

Fri, 18 Feb 2022 09:46:53 GMT
Saudi Fund for Development kicks off new $137mln projects in Africa
Initiatives in Djibouti include water supply, housing, road projects 

Fri, 18 Feb 2022 03:17:45 GMT
Saudi labor ministry represents workers by preserving their rights, says minister
Acting Information Minister Majid Al-Qasabi and Human Resources Minister Ahmed Al-Rajhi presented the latest government developments from different sectors to the media

Thu, 17 Feb 2022 14:03:46 GMT
PROJECTS: Saudi Arabia prequalifies 19 firms for Ras Mohaisen - Baha - Makkah water transmission project
The project is being procured using the BOOT model

Thu, 17 Feb 2022 13:46:55 GMT
Saudi economy to exhibit strong growth in 2022 as pandemic diminishes: report
A reversal in social distancing restrictions could boost the wholesale and retail, and restaurants and hotels sector

Thu, 17 Feb 2022 13:00:49 GMT
Saudi Tourism and Emirates sign strategic tourism pact
To attract new segments of travellers across the airline’s extensive global network

Thu, 17 Feb 2022 12:22:38 GMT
Saudi Steel Pipe turns to profitability in 2021
The company revenues down 21.35%

Thu, 17 Feb 2022 10:01:59 GMT
Saudi firms look to Bahraini market
The companies will be offering a diverse product range of building and construction materials

Thu, 17 Feb 2022 10:01:59 GMT
Saudi Ceramics records threefold profit leap in 2021
Revenues up slightly

Thu, 17 Feb 2022 08:31:47 GMT
PROJECTS: Supergrids in MENA: Taking renewable energy to the world
Transferring MENA's renewable electrons across the globe via high voltage highways could become a reality

Thu, 17 Feb 2022 08:04:54 GMT
JADCO secures $49.6mln loan for Saudi French fries factory
Financing obtained from Agricultural Development Fund

Thu, 17 Feb 2022 06:27:54 GMT
Saudi's SADAFCO to build $7.2mln depot in Makkah
New depot will replace existing rented facility

Thu, 17 Feb 2022 06:01:32 GMT
Culture takes center stage in Saudi Arabia’s national award initiative
It aims to encourage cultural content and production, in addition to providing material and moral support to the winners

Thu, 17 Feb 2022 06:01:32 GMT
Preparations underway to mark the first Saudi Founding Day on February 22
Various activities will be held over two days highlighting the historical, cultural and social legacy of the Saudi state

Thu, 17 Feb 2022 05:38:15 GMT
Saudi, Chilean ministers discuss developing bilateral cooperation
During the meeting, the two sides reviewed relations and aspects of cooperation, and ways to support and enhance them to serve both countries, the Kingdom’s foreign ministry said

Wed, 16 Feb 2022 14:24:01 GMT
Saudi sports-tech Grintafy raises $2.1mln in a bridge round
The startup will also use the fund to expand its subscription services and strengthen its presence in the Egyptian and North African markets

Wed, 16 Feb 2022 13:00:34 GMT
Saudi Arabia approves Theta Bidco’s acquisition of UK-listed Arena Events
Dubai-based International Holding Co., also known as IHC, and Saudi Tasheel will purchase shares in the UK-listed group

Wed, 16 Feb 2022 12:30:12 GMT
Four Points by Sheraton Jeddah Corniche opens
Just 12 minutes away from King Abdulaziz International Airport

Wed, 16 Feb 2022 12:19:24 GMT
Global energy demand expected to rise 28% by 2045: OPEC director
Qahtani also forecast the global economy to grow by 4.2 percent in 2022

Wed, 16 Feb 2022 12:18:22 GMT
PROJECTS: Saudi industrial projects put at $21.6bln in 2021
775 mining permits were also issued  

Wed, 16 Feb 2022 12:15:52 GMT
Riyadh among top destinations for UAE business travellers: report
Data also highlights that the UAE and KSA are seeing a rise in corporate travellers from India, France, USA

Wed, 16 Feb 2022 11:30:41 GMT
Saudi Arabia reports 1,793 new COVID-19 cases, 2 deaths
MoH reported two new deaths, bringing the fatalities tally in Saudi Arabia to 8,977

Wed, 16 Feb 2022 11:30:41 GMT
Saudi's real estate activity to rebound this year: CBRE
Transactions in key cities starting to show signs of an upswing

Wed, 16 Feb 2022 11:00:36 GMT
Diriyah Gate signs pact for joint projects with RITA
These initiatives will take place in the palace of Prince Saad bin Saud, one of the largest mud palaces, located in At-Turaif historic district

Wed, 16 Feb 2022 10:00:41 GMT
Saudi Watheeq changes name upon regulatory nod
The Saudi Capital Market Authority (CMA) was notified of the new company name

Wed, 16 Feb 2022 10:00:41 GMT
Saudi Fund for Development launches raft of development projects in Djibouti
SFD has provided Djibouti with 15 soft loans to help finance 13 development projects



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