Archives

Saudi Arabia

Sun, 21 Feb 2021 13:03:01 GMT
UAE's Tabreed likely to issue more bonds in coming years, says CEO
District cooling company eyes further acquisitions as developers shed non-core assets

Sun, 21 Feb 2021 10:02:25 GMT
Saudi central bank launches instant payment system 'Sarie'
System to facilitate low-value transactions within the kingdom

Sun, 21 Feb 2021 10:00:01 GMT
Solidarity Saudi unit’s merger plan approved
The group plans to consolidate its presence in the Saudi market through the merged entity

Sun, 21 Feb 2021 08:59:16 GMT
Saudi hospital operator announces $56mln cash dividends after revenue rise
Dr. Sulaiman Al-Habib Medical Services Group sees growth in hospital, pharmacy business

Sun, 21 Feb 2021 08:30:02 GMT
Saudi SABIC, KACST to develop high performance materials
Technology will help achieve sustainability targets by reducing greenhouse gas emissions in transportation markets

Sun, 21 Feb 2021 07:36:21 GMT
Decline in Saudi Arabia's pilgrimage visitors impacts telecom revenues
But major telecom firms still post net profit despite COVID-19 challenges

Sun, 21 Feb 2021 06:44:17 GMT
Saudi's MedGulf announces appointment of new CEO
New executive to assume post next month

Sun, 21 Feb 2021 05:52:57 GMT
Saudi Central Bank launches Instant Payment System
Transactions available 24/7 for low fee

Sun, 21 Feb 2021 05:30:02 GMT
Saudi economy outlook: Modest recovery in 2021; non-oil GDP to grow by 3%
The recovery will be supported by the large projects lead by the Public Investment Fund

Sun, 21 Feb 2021 04:30:02 GMT
Saudi cave guide unlocks doors to ‘hidden’ Kingdom
The cave, a long tunnel formed by volcanic lava, was formed when the surface of the volcanic lava began to freeze, with the lava below ground remaining as liquid due to the high temperature

Sun, 21 Feb 2021 04:00:03 GMT
Interview Female Saudi driver feels right at home at Diriyah E-Prix
Formula 4 driver Al-Juffali has high aspirations as 2021 Formula E season gets underway

Sun, 21 Feb 2021 03:50:57 GMT
Saudi Arabia opens military recruitment to both sexes
Defense Ministry adds extra criteria for female applicants; ranks from soldier to sergeant will be available

Fri, 19 Feb 2021 06:00:05 GMT
Snowfall brings sightseers to Saudi Arabia's Tabuk
There were excited comments from Tabuk residents, while those in other regions looked on in envy as the snow encased the mountaintops of Alan, Jabal Al-Lawz and Ad-Daher

Fri, 19 Feb 2021 05:56:30 GMT
Online fashion site Namshi sees 50% surge in Saudi revenues
Namshi has also announced it is expanding into Qatar and has already begun accepting pre-orders

Fri, 19 Feb 2021 05:38:29 GMT
Saudi food delivery market valued at $511mln
The sector if set to grow by 10.05% per annum over the next five years, according to new research

Fri, 19 Feb 2021 05:34:10 GMT
Stiff penalties await illegal loggers and hunters in Saudi Arabia
The fine for unauthorized hunting amounts to $2,666, while those for hunting and harming living animals range between $400 to $53,333

Thu, 18 Feb 2021 12:30:05 GMT
Al Baha’s appeal against previous ruling for Al Sataa Modern rejected
The court obliged Al-Baha Investment to pay Al Sataa Modern Company for General Contracting funds

Thu, 18 Feb 2021 10:21:58 GMT
GCC defence spending set to decline 10% to $91bln this year
Janes say spending to rebound by 2024

Thu, 18 Feb 2021 10:00:05 GMT
SAMI to be part of Saudi Pavilion at IDEX 2021 in UAE
The exhibition will be held at the Abu Dhabi National Exhibition Center in the UAE capital, Abu Dhabi.

Thu, 18 Feb 2021 08:09:24 GMT
Saudi steel prices soar to 12-year high
Prices up 40% y-o-y

Thu, 18 Feb 2021 08:00:05 GMT
Saudi Tourism Authority launches webinar for travel trade
STA has launched ‘Journeys in Arabia’, an exclusive online event curated especially for Travel Trade Partners around the globe

Thu, 18 Feb 2021 08:00:03 GMT
Saudi Ceramics' Q4 revenue surges to $98mln
Revenue was aided by the price hike taken by the company at the beginning of Q4 2020,

Thu, 18 Feb 2021 07:59:47 GMT
Saudi British Bank appoints Tony Cripps as CEO; David Dew resigns
Cripps joins SABB from HSBC in Singapore, where he was the CEO for the past four years

Thu, 18 Feb 2021 07:24:47 GMT
Saudi BinDawood says $33mln lawsuit filed against subsidiary, Danube Company
The company said any financial impact and legal consequences would be announced in due course

Thu, 18 Feb 2021 06:00:05 GMT
Saudi's Sunbulah sets the standard for global honey production
The group’s honey business unit demonstrated the methodology for sourcing and processing authentic, all-natural honey free from adulteration

Thu, 18 Feb 2021 05:30:05 GMT
Makkah governor oversees signing of deals to promote scientific research, poetry
The first agreement aims to establish joint programs, projects, and activities in research areas such as communication, culture, science, and education

Thu, 18 Feb 2021 05:02:42 GMT
Number of women in Saudi judicial sector reaches 1,814
The surge in the number of female employees in the sector is a result of the establishment of a women's department at the ministry

Thu, 18 Feb 2021 05:01:33 GMT
Madinah governor opens first labor housing project
The projects are all in line with the best international environmental and health practices

Thu, 18 Feb 2021 05:00:05 GMT
Saudi defense employees set for COVID-19 vaccinations
Employees have been urged to register their data through the defense ministry’s inoculation system

Thu, 18 Feb 2021 05:00:03 GMT
It is futile to guess OPEC+ moves, Saudi energy minister warns speculators
Prince Abdul Aziz bin Salman was speaking at the International Energy Forum

Thu, 18 Feb 2021 04:48:38 GMT
Saudi Arabia opens new airport terminal in Northern Borders Province
The airport terminal cost $101.85mln

Thu, 18 Feb 2021 04:45:19 GMT
US aviation giant reinforces foothold in Saudi Arabia
Boeing established an office in Riyadh in 1982. The company was renamed Boeing Saudi Arabia in 2013 to reflect the broad scope of activities

Thu, 18 Feb 2021 04:37:43 GMT
Saudi defense firms set for IDEX 2021
The investment ministry, along with other Saudi bodies and firms will be taking part under the slogan “Invest in Saudi Arabia”

Wed, 17 Feb 2021 13:39:16 GMT
Al Hokair Group reschedules Islamic banking facilities worth $24mln with Saudi British Bank
In a filing on Saudi Tadawul, the company said the rescheduling was made to suit its cash flow conditions

Wed, 17 Feb 2021 13:22:10 GMT
Amlak International extends, amends loan with SAIB
The credit facility will increase Amlak International’s ability to finance its clients

Wed, 17 Feb 2021 13:00:03 GMT
Alfanar signs co-operation agreement with Saudi Aramco
Alfanar employs more than 700 Saudi women in the electrical circuit breakers production unit

Wed, 17 Feb 2021 08:49:38 GMT
Saudi's United Wire Factories reveals $9.3mln dividend after higher net profit
Payout equivalent to 10% of share par value

Wed, 17 Feb 2021 05:30:11 GMT
Saudi Arabia will take all necessary measures for safety of citizens and residents, stresses Cabinet
The Cabinet reiterated the Kingdom’s call for denouncing the cowardly terrorist attacks carried by the Iran-backed Houthi militia targeting Abha International Airport and its hostile actions aiming to undermine peace in Yemen

Wed, 17 Feb 2021 04:49:54 GMT
Understanding Saudi bankruptcy law, procedures
The bankruptcy law applies to any natural person practicing any commercial, professional or profit-seeking activity in the country

Wed, 17 Feb 2021 04:30:07 GMT
Saudi desert gateway fast becoming the next tourist hotspot
Between November and March when seasonal winds ease, the desert offers the promise of adventure for hikers and nature lovers, while others prefer the relative comfort of road trips

Wed, 17 Feb 2021 04:30:07 GMT
Saudi woman starts local farm with 100,000 banana trees
Banana cultivation has an excellent economic return, as the tropical fruits are produced on a daily basis over the course of six months, with profits of up to $3.2mln annually

Wed, 17 Feb 2021 04:10:13 GMT
Global companies to be rewarded for setting up in Saudi Arabia: Officials
Saudi Arabia is aiming to attract hundreds of companies to base regional headquarters there

Tue, 16 Feb 2021 12:30:06 GMT
M&A in insurance sector in Saudi ‘set to gain pace’
Insurance industry will be driven by customer experience, data and technology this year

Tue, 16 Feb 2021 12:30:06 GMT
Quorum Software to accelerate digital transformation
Quorum Software will strengthen its presence in ME through existing offices in UAE and Kuwait and business in Qatar and Saudi Arabia,

Tue, 16 Feb 2021 11:47:01 GMT
Chairwoman of Saudi's Allied Cooperative Insurance Group resigns
ACIG told the Saudi Stock Exchange that Nouf Saud Al Haqbani had resigned for personal reasons

Tue, 16 Feb 2021 11:30:06 GMT
Sumou Real Estate announces early settlement of loan
Sumou Real Estate announces early settlement of loan

Tue, 16 Feb 2021 11:30:04 GMT
Al Yamamah Steel nods to dividends
The distributions represent 10% of the share’s nominal value

Tue, 16 Feb 2021 11:09:40 GMT
Saudi Arabia's January inflation rises to 5.7% on food prices, VAT effect
On a monthly basis, consumer prices were up by 0.2% in January



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