Archives

Saudi Arabia

Sun, 27 Dec 2020 11:00:06 GMT
Saudi Electricity enhances workflow technology with Nintex
The platform contains specific operational tracks and tasks that enable contractors’ field crews to fill out online forms

Sun, 27 Dec 2020 11:00:04 GMT
Sabic to distribute $1.2bln in H2 dividends
The dividend paid is subject to a withholding tax of 5% upon transfer to non-resident investors

Sun, 27 Dec 2020 10:36:22 GMT
Wavefront enters rental agreement in Saudi Arabia
Wavefront will provide certain Powerwave well stimulation technology to the client for distribution to its customers

Sun, 27 Dec 2020 09:25:23 GMT
Saudi Paper Manufacturing Company's rights issue 94% subscribed
Paperboard manufacturer to offer rump shares from Tuesday

Fri, 25 Dec 2020 04:44:22 GMT
COVID-19 vaccine center launched in Jeddah
Saudi Arabia on Thursday reported 11 new COVID-19-related deaths

Thu, 24 Dec 2020 14:30:53 GMT
Saudi Railway picks Oracle for digital transformation
Saudi Railway Company (SAR) will also implement Oracle Analytics Cloud and Oracle Autonomous Data Warehouse

Thu, 24 Dec 2020 10:11:18 GMT
Arab Monetary Fund adds Saudi Riyal as settlement currency in 'Buna'
National Commercial Bank (NCB) has been assigned as a settlement bank for the Saudi currency

Thu, 24 Dec 2020 10:00:04 GMT
Sabic unveils post-Covid-19 steel business strategy
Diversifying the raw materials supply along with a strategic insight toward the production of differentiated value-added products is the main strategy

Thu, 24 Dec 2020 08:30:03 GMT
Saudi Central Bank and the Arab Monetary Fund announces the inclusion of Saudi Riyal as settlement currency in Buna, through NCB Saudi Arabia
The Saudi Riyal is the third Arab settlement currency to join Buna's payment platform

Thu, 24 Dec 2020 07:37:29 GMT
Investments in non-oil industries in Saudi Arabia jump to $3.1bln in Q3
In September, investments of non-oil factories amounted to $2.32bln, the highest value during Q3-20

Thu, 24 Dec 2020 07:34:14 GMT
Saudi's CMA approves Aljazira Takaful's capital hike to merge with Solidarity
The merger will be carried out through a securities exchange offer, the CMA said

Thu, 24 Dec 2020 06:00:03 GMT
Saudi culture ministry signs deal to preserve Yemen's cultural heritage
The Saudi government will work in collaboration with relevant organizations and in coordination with the Yemeni government and the local authority to support and preserve Yemeni heritage and monuments

Thu, 24 Dec 2020 05:10:09 GMT
Italmatch, Biolab form water treatment JV in Saudi Arabia
The two chemical companies join forces to create a new regional Saudi leading player focused on local manufacturing, to produce and sell ready-to-use specialty chemicals and solutions for Industrial Water & Process Treatment

Wed, 23 Dec 2020 14:31:06 GMT
Al Akaria inks deal with Saudi National Housing Company
Al Dhahia project is a semi-gated residential and commercial complex

Wed, 23 Dec 2020 12:30:28 GMT
Al Samaani’s board recommends 5% dividends for FY20
Al Samaani swung to profits in the first half of 2020

Wed, 23 Dec 2020 10:30:20 GMT
Commvault implements hybrid-cloud for Saudi firm
Mohamed Yousuf Naghi & Brothers Group through implementing a hybrid-cloud strategy

Wed, 23 Dec 2020 08:30:18 GMT
Mohamed Yousuf Naghi & Brothers Group implement hybrid-cloud strategy with Commvault
Saudi Arabian Services Group saves time and cost by transforming virtualization and disaster recovery through Commvault technology

Wed, 23 Dec 2020 07:30:19 GMT
Vaccine ‘shows no unexpected side effects’: Saudi health official
Government officials urged citizens to register via the Sehaty app for vaccination against the virus

Wed, 23 Dec 2020 07:28:27 GMT
Streamlining tourism services in Saudi Arabia
Efforts are already underway to exploit the Kingdom’s potential by transforming the country into a tourist hub and diversifying its economy

Wed, 23 Dec 2020 06:58:11 GMT
Saudi steel prices jump by year end
Rise is due to project surge

Wed, 23 Dec 2020 05:00:33 GMT
Jeddah streets and bridges embellished with Arabic calligraphy
The initiative, which coincides with the UN’s Arabic Language Day, aims to add an aesthetic touch to the city with Arabic calligraphy paintings and murals

Wed, 23 Dec 2020 04:58:32 GMT
Saudi Arabia reaffirms its commitment to unity and ‘common goals’ of GCC states
The spokesman said Saudi Arabia’s “sole goal” was “to protect the unity of the GCC member states and reject disputes between them”

Tue, 22 Dec 2020 14:01:02 GMT
Acciona wins $384mln contract to build Saudi desalination plant
The plant located on the Red Sea coast is equipped with reverse osmosis technology

Tue, 22 Dec 2020 14:01:02 GMT
Saudi Arabia’s top cybersecurity concerns for 2021
A digital transformation strategy to migrate to cloud and SaaS security services can help close this gap

Tue, 22 Dec 2020 10:30:23 GMT
Winners for HIPA's Instagram Photo Contest announced
The contest winners are from Saudi Arabia, Syria, Ukraine, Vietnam and Indonesia

Tue, 22 Dec 2020 09:30:38 GMT
Mezzan Holding collaborates with Tabasco Brand maker McIlhenny
Mezzan Holding through its subsidiaries will manufacture and distribute to Gulf markets the limited edition Kitco Stix spiced with Tabasco Brand Flavour

Tue, 22 Dec 2020 08:30:27 GMT
Saudi Public investment Fund further strengthens leadership team with key appointments as fund continues its expansion
PIF’s Chief of Staff, Yazeed AlHumied, as new Head of the Fund’s Local Holdings Investments

Tue, 22 Dec 2020 08:20:08 GMT
Bahrain-origin exports increase 9% to $510.63mln
Saudi Arabia ranked first among countries receiving Bahraini exports of national origin, importing $109mln from Bahrain

Tue, 22 Dec 2020 07:53:46 GMT
Saudi sovereign wealth fund PIF makes key leadership changes
PIF last week surpassed the 1,000-employee mark, expanding from an initial 40 employees in 2016

Tue, 22 Dec 2020 07:02:48 GMT
AMC Cinemas offers advanced ‘IMAX Experience’ in Riyadh
IMAX cinemas allow moviegoers to experience up to 26% more picture

Tue, 22 Dec 2020 07:02:48 GMT
Saudi's STC successfully tests 5G New Radio using Nokia’s mmWave technology
mmWave spectrum can provide numerous high-capacity, low-latency 5G applications that can fuel economic growth and societal benefits in Saudi Arabia and around the world

Tue, 22 Dec 2020 03:39:23 GMT
Vaccination centers to open soon in parts of Saudi Arabia
90% of those registered through the app are between the ages of 20-60 years old

Mon, 21 Dec 2020 13:30:36 GMT
Foreign ownership on Tadawul up to $55bln in week
This ownership represented 2.27% of issued shares and 12.71% of free shares

Mon, 21 Dec 2020 12:01:14 GMT
Arabian Aramco Total partially redeems Sukuk
3.78% of the Sukuk original face value was distributed

Mon, 21 Dec 2020 11:56:02 GMT
Major Riyadh bus transport project to launch operations in Q2
The plan aims to provide public transport service to all categories of the population

Mon, 21 Dec 2020 11:53:20 GMT
Aramco JV to accelerate industrial digitalisation
Aramco and Cognite expect the JV to be operational in 2021

Mon, 21 Dec 2020 10:58:23 GMT
Emirates, Etihad suspend all UAE flights to Saudi Arabia
Suspension of flights take effect immediately following closure of borders in kingdom

Mon, 21 Dec 2020 10:48:26 GMT
Saudi oil major picks Airbus for telecom upgrade
Airbus will deploy its Tactilon Agnet solution, and latest Tetra technology

Mon, 21 Dec 2020 09:52:05 GMT
$100bln investment plans in India are on track, says Saudi Arabia
The Saudi envoy also praised India's measures to revive its economy in view of the impact of the pandemic

Mon, 21 Dec 2020 08:30:15 GMT
Major oil company in Saudi Arabia partners with Airbus for hi-tech communication network upgrade
The renewed communication system will help the company better optimize resources

Mon, 21 Dec 2020 07:24:06 GMT
Earthquake on Kuwait-Saudi border, no damage reported
The quake with 4.6 magnitude on Richter scale was recorded 56km southwest of Al Ahmadi in Kuwait

Mon, 21 Dec 2020 06:23:08 GMT
Saudi Arabia’s technology commission signs MoUs to boost digital transformation
The MoUs include holding training courses for CITC’s employees

Mon, 21 Dec 2020 04:20:11 GMT
Saudi domestic tourism bucks trend amid global travel slump
The surge in domestic travel has helped save businesses and jobs, as well as boost the Saudi economy

Mon, 21 Dec 2020 03:23:13 GMT
Saudi Arabia shuts land, air, sea borders over fears of a new strain of coronavirus
The suspension of international travel except for emergency cases, which is part of the precautionary measures seeking to ensure the health and safety of citizens, can be extended by one more week: source

Mon, 21 Dec 2020 03:20:36 GMT
Top 10 Saudi banks show improvement in profitability
Saudi banks’ strong capitalization levels ‘will provide some cushioning against potential challenges



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