Saudi Arabia
Tue, 05 Jan 2021 13:02:26 GMTPROJECTS: Saudi Arabia starts construction of new schools under public-private partnership programme
Region's first school PPP will result in over 4,000 new schools
Tue, 05 Jan 2021 13:00:26 GMTShaza Madinah marks a decade of hospitality excellence
Shaza Madinah is the first hotel under Shaza portfolio in the region and won the “Travellers’ Choice” award
Tue, 05 Jan 2021 11:59:19 GMTQatar's Emir greeted by Saudi Crown Prince at Al-Ula ahead of landmark summit
Discussions likely to include Yemen and relations with the US
Tue, 05 Jan 2021 11:51:58 GMTGulf leaders arrive at Al-Ula ahead of 41st GCC summit
Crown prince Mohammed bin Salman said on Monday the summit would create a united front
Tue, 05 Jan 2021 11:42:04 GMTApicorp signs $125mln finance deal with ACWA Power
The Saudi-based power company will use the funds for renewable projects in key markets
Tue, 05 Jan 2021 10:30:12 GMTAPICORP extends to ACWA Power a $125mln 5-year term Murabaha facility
Facility to support funding of ACWA Power's renewable projects in key markets
Tue, 05 Jan 2021 10:17:47 GMTMohammed bin Rashid arrives in Saudi Arabia to attend GCC summit
Sheikh Mohammed was received by Saudi Crown Prince
Tue, 05 Jan 2021 08:09:37 GMTAl Hokair Group opens two cinemas in Saudi
The kingdom opened its first cinemas in 2018 as part of an initiative to develop its entertainment sector
Tue, 05 Jan 2021 06:57:05 GMTMohammed bin Rashid heads UAE delegation to GCC summit
Gulf unity will be in focus as the six-member council convenes
Tue, 05 Jan 2021 06:38:09 GMTSaudi's SADAFCO announces $25.6mln half year cash dividend
The Saudi dairy and food company said the dividend equates to SAR 3 per share
Tue, 05 Jan 2021 04:59:29 GMTNew businesses triggered strong growth in Saudi non-oil sector in December
PMI rises to 57 in December as output and new orders expand at sharpest rates
Tue, 05 Jan 2021 04:39:47 GMTSaudi's Al-Majmaah gets first cinema, AMC Karam 5
AMC Karam 5 is the first cinema in Al-Majmaah governorate, offering moviegoers the same high standards they have come to expect and enjoy from AMC Cinemas
Tue, 05 Jan 2021 04:30:12 GMTSaudi Arabia awards license for first consumer micro-loan provider
Kuwait’s Zain Group launched the Tamam Financing Company last year, the fintech subsidiary of its Saudi Arabian operation
Mon, 04 Jan 2021 13:30:02 GMTCathay Pacific launches freighter service to Riyadh
Cathay Pacific has also been operating thousands of pairs of cargo-only passenger flights,
Mon, 04 Jan 2021 13:00:02 GMTAl Samaani Factory mulls capital hike
The capital increase will be subject to the approvals of relevant official authorities
Mon, 04 Jan 2021 13:00:02 GMTTraffic on Bahrain's King Fahad Causeway reopens
The reopening was delayed following a Saudi decision to impose new travel restrictions
Mon, 04 Jan 2021 12:43:11 GMTAl-Rajhi Takaful announces CEO resignation
The resignation was submitted on December 23
Mon, 04 Jan 2021 12:26:09 GMTIndia's L&T unit wins major Saudi power project contract
Scope of work includes design, procurement and construction of 380kV double circuit overhead transmission line corridors running over 650km long
Mon, 04 Jan 2021 12:23:27 GMTEngie sets up unit to integrate assets in Saudi
Engie has managed to keep its expansion in the Kingdom on track building its asset and project value to over $8bln
Mon, 04 Jan 2021 10:00:02 GMTJSGQ provided guardrail products for 800 kilometers of Saudi Arabia highway
As of today, it has completed the supply of more than 800 kilometers of this road
Mon, 04 Jan 2021 07:22:48 GMTSaudi Arabia's Sama grants micro-financing license to Zain unit
This makes Tamam the first entity in Saudi Arabia and the region to be licensed by a regulator to offer consumer micro-loans via a fully digital customer experience, through a mobile app
Mon, 04 Jan 2021 06:30:02 GMTNajm assumes foreign vehicle insurance portfolio
Najm has developed an innovative digital infrastructure for providing integrated insurance services to secure an efficient, swift, and reliable data bridge between itself and the insurance companies in the “Manafeth” portfolio
Mon, 04 Jan 2021 05:03:40 GMTSaudi's SAFCO changes name to SABIC Agri-Nutrients
Last year the company acquired the agri-nutrients business from Saudi Basic Industries Corp
Mon, 04 Jan 2021 05:00:01 GMTFlight rush to Saudi Arabia as travel ban lifted
Saudi borders open again after two-week virus freeze
Mon, 04 Jan 2021 04:48:41 GMTSaudi Arabia's Hadaf adds six new professions in training program
The program offers a financial reward of $520, which will be transferred to trainees holding a diploma or degree from technical, health or management institutes
Mon, 04 Jan 2021 04:26:37 GMTForeign investors sold net $150.5mln of stocks on Saudi Tadawul in December
GCC investors were net buyers of 3.26 billion riyals worth of stocks in December, the kingdom's exchange said
Sun, 03 Jan 2021 14:30:04 GMTSaudi Re, MedGulf pen reinsurance contract
Deal is likely to have an impact on Saudi Re's financial results for 2021
Sun, 03 Jan 2021 14:18:34 GMTSTC launches 3 mega data centers worth $266mln
STC adopted Next Generation build technology through modular and prefabricated solutions
Sun, 03 Jan 2021 14:17:20 GMTAdnoc Distribution acquires 15 service stations in Saudi Arabia
The company sees value creation potential coming from uplift in fuel margins
Sun, 03 Jan 2021 13:00:03 GMTACIG, SIEC submit capital raise requests to CMA
ACIG board recommended reducing the company’s capital by 29.5%
Sun, 03 Jan 2021 10:30:02 GMTECZA signs MoU with PMI-KSA for strategic partnership
ECZA's Vision Realization Office will coordinate the joint work and unify strategic efforts with PMI-KSA
Sun, 03 Jan 2021 10:02:35 GMTSaudi Arabia begins enforcing mining investment law
It includes penalties for offences
Sun, 03 Jan 2021 06:00:03 GMTKuwait’s ambassador to Saudi Arabia highlights importance of upcoming GCC summit
Sheikh Ali added that “the Gulf faces major economic, development and political issues and challenges”
Sat, 02 Jan 2021 07:00:02 GMT652 Saudi students start training for international scientific olympiads
The initiative, which involves 652 students, will be part of Winter Forum 2020 events that run until January 8
Sat, 02 Jan 2021 06:01:24 GMTSaudi Arabia counting down to unveil partnerships in space sector
Once an integrated project proposal has been completed, it will be submitted to the Saudi government for approval and implementation
Fri, 01 Jan 2021 08:00:02 GMTSaudi R&B star Hamza Hawsawi premieres music video
The performer said that his country's support and people's love for his music mean more to him than any award or international acclaim
Thu, 31 Dec 2020 13:04:41 GMTOptimistic outlook for Saudi banks in 2021: BofA
The Saudi banks are entering 2021 from a position of strength, with tier one ratios above 17% on average, NPL coverage in excess of 140% and healthy liquidity measures
Thu, 31 Dec 2020 13:02:15 GMTSaudi economy show healthy figures in November
Credit to the private sector also increased 15.8% y-o-y in November
Thu, 31 Dec 2020 10:47:21 GMTIndia's L&T announces project awards in Saudi Arabia
Two transmission line construction contracts awarded with a total length of more than 650km
Thu, 31 Dec 2020 10:37:07 GMTTenders scheduled for Saudi NEOM project by Q1 2021
Tenders comprise of construction contracts and request for proposals
Thu, 31 Dec 2020 09:30:03 GMTADNOC Distribution to acquire 15 service stations in Saudi Arabia, worth $10mln
New stations will be refurbished in line with ADNOC Distribution brand standards and offer high quality fuel and retail services to customers
Thu, 31 Dec 2020 05:00:08 GMTDammam mall gets 6 new gaming centers
Sala Entertainment’s new gaming complex in Dammam’s Al-Nakheel Mall offers a number of diverse games and activities that are suitable for all members of the family
Thu, 31 Dec 2020 04:56:15 GMTRedington, Huawei launch IdeaHub series in Saudi Arabia
The IdeaHub can create an all-scenario smart office for the cloud era, and boost production efficiency for enterprises
Wed, 30 Dec 2020 15:00:03 GMTUAE, Saudi Arabia present unique example of achieving Arab family cohesion: Fatima bint Mubarak
Under the framework of a proactive and ambitious future vision based on the wisdom of their leaderships
Wed, 30 Dec 2020 14:00:21 GMTTawuniya renews health insurance contract with Tahakom Investment
The deal is expected to reflect positively on Tawuniya's revenue for 2021
Wed, 30 Dec 2020 13:36:23 GMTKafalah to support Saudi tourism sector
These tourism projects have offered 2,687 job opportunities
Wed, 30 Dec 2020 13:30:23 GMTArabian Centres to distribute $63mln cash dividends for H1
The distribution will be done through SABB branches by direct bank transfer to shareholders bank accounts
Wed, 30 Dec 2020 13:00:07 GMTAlkhabeer Capital closes debut IPO of income traded fund
The Fund aims to provide investors with a diversified portfolio of income-generating investments