Archives

Saudi Arabia

Thu, 28 Oct 2021 05:05:52 GMT
PROJECTS: Saudi tourism initiative AlUla signs strategic partnerships with international consultants
The Royal Commission for AlUla signs agreements with AECOM and an Egis-led French consortium to implement its 'journey through time' masterplan

Thu, 28 Oct 2021 04:53:53 GMT
Robert De Niro-backed Nobu to open hotel, restaurant, residences in Saudi's Al Khobar
The mixed-use development featuring 120 rooms as well as residences, will be located in the city's waterfront

Thu, 28 Oct 2021 04:00:04 GMT
The Red Sea Project CEO Pagano doesn't rule out an IPO within five years
The Red Sea Project is fully owned by Saudi Arabia’s Public Investment Fund, and Pagano said his company “is very well advanced” in terms of capital needs

Wed, 27 Oct 2021 13:43:39 GMT
AlUla Royal Commission signs strategic partnerships with ARCOM and Egis-led French consortium
The first phase of the development will see in excess of $15bln

Wed, 27 Oct 2021 13:42:25 GMT
‘I don’t mind missing 2060 net-zero target’ says senior PIF official
AlSaid said: “What we are planning to do in the Kingdom is to ensure there’s affordable energy"

Wed, 27 Oct 2021 12:00:05 GMT
SAIB profits in Q3 down
On a quarterly basis, the net profits in Q3-21 were 4.6% lower

Wed, 27 Oct 2021 11:50:01 GMT
Vision 2030 has prompted 400 policy changes by the Saudi government, mining minister reveals
Khalid Al Mudaifer highlighted steps already taken by the Saudi government to ensure the Kingdom’s economy is diversified away from oil

Wed, 27 Oct 2021 11:30:04 GMT
Saudi Arabia retail sales fall for third week in a row: SAMA
Falls were steepest in the education, telecommunication, and recreation and culture sectors

Wed, 27 Oct 2021 11:30:04 GMT
Tech revolution needed to help achieve net zero by 2060, says Saudi energy minister
Prince Abdulaziz bin Salman bin Abdulaziz indicated the goal could be achieved earlier than planned if there are sufficient developments in technology sector

Wed, 27 Oct 2021 11:30:04 GMT
Saudi Arabia, UK host roundtable discussion on climate, development
The Saudi-British roundtable came ahead of the UK’s Presidency of the 26th UN Climate Change Conference

Wed, 27 Oct 2021 11:30:04 GMT
Saudi Arabia has its eye on the prize in the esports boom
The esports industry in Saudi Arabia has experienced impressive growth in the past few years

Wed, 27 Oct 2021 11:00:03 GMT
Saudi Arabia joins international statement on space-based climate monitoring
The Saudi Space Commission's accession to the joint statement comes to strengthen international relations, achieve cooperation in the field of space activities

Wed, 27 Oct 2021 10:30:03 GMT
Bahrain- Saudi Arabia: A strategic partnership
The topics of both the FII and the Middle East Green Initiative Summit were also reviewed

Wed, 27 Oct 2021 10:13:39 GMT
Saudi Arabia likely to issue proposals tender for Riyadh-Qassim water pipeline in Q1 2022
685,000 m3/day water transmission pipeline is being procured as a BOOT project

Wed, 27 Oct 2021 10:00:07 GMT
NEOM Tech & Digital Holding Company signs Oracle as first tenant of hyperscale data center
Oracle's second cloud region in Saudi Arabia will enable support of Vision 2030 technology ambitions

Wed, 27 Oct 2021 10:00:07 GMT
Saudi Arabia supports Pakistan economy with $3bln deposit
To help the Pakistani government support its foreign currency reserves and help it in facing the impacts of the coronavirus pandemic

Wed, 27 Oct 2021 07:36:16 GMT
Saudi polypropylene maker Advanced Petrochemical posts 40% rise in net profit
Earnings growth driven by increase in polypropylene sales

Wed, 27 Oct 2021 05:23:53 GMT
UAE, Qatar, Saudi lead MENA debt market activity totalling $90bln
According to Refinitiv data, DCM in the MENA region during the first nine months of 2021 was down 8%

Wed, 27 Oct 2021 05:22:06 GMT
Saudi space sector takes another giant leap with membership of global body
The Saudi Space Commission has joined the International Astronautical Federation ‘to enhance the Kingdom’s stature globally’ in the sector

Wed, 27 Oct 2021 04:47:32 GMT
Saudi market at the forefront of digital transformation
Saudi Arabia is leading consumer trends in the region, says Bain & Company Middle East partner

Wed, 27 Oct 2021 04:45:15 GMT
Saudi Arabia issues calming statement as Lebanese tensions rise over port explosion case
Politicians denounce intelligence office’s decision to summon Geagea in connection with October violence

Wed, 27 Oct 2021 04:30:04 GMT
Saudi Arabia’s Ithra to launch fourth Tanween creativity season
Tanween 2021 empowers the creative industries through exploring the innovative use of tools

Wed, 27 Oct 2021 04:30:04 GMT
Saudi's SAMA Chief: Digital Central Bank in pipeline
The Kingdom has a cross-digital currency project with the UAE, and there is a large project for financial technology in Saudi Arabia: Dr. Fahd Al-Mubarak

Wed, 27 Oct 2021 04:30:04 GMT
Curtain set to rise on new era for Saudi performing arts
The new body will provide an umbrella organization for performers while promoting new talent and expertise

Wed, 27 Oct 2021 02:59:45 GMT
Saudi development fund issues $3bln to Pakistan to help support economy
The funds will help the Pakistani government support its foreign currency reserves

Tue, 26 Oct 2021 13:00:09 GMT
Golf Saudi, Atlas join forces to set up sports turf farm
Selection of turfgrasses to customers in the Middle East

Tue, 26 Oct 2021 13:00:08 GMT
Herfy’s initial financials show profits in Q3
Herfy Food Services Company recorded a 45% year-on-year (YoY) increase in profits

Tue, 26 Oct 2021 12:44:15 GMT
Jarir pens deal with Jarir Real Estate
The listed Jarir will sell a land plot spanning 10,542 square metres to the real estate firm

Tue, 26 Oct 2021 12:29:04 GMT
Saudi-Swiss investment to hit $3.2bln by 2030: minister
Khalid Al-Falih said the country’s plan is to make Saudi Arabia the most important export destination for Swiss companies

Tue, 26 Oct 2021 12:25:03 GMT
Saudi Arabia aims for 4000 factories to be automated within 5 years: Minister of industry
The Fourth Industrial Revolution (4IR) is a fusion of advances in artificial intelligence, blockchain, robots, 3D-printing and the internet of things

Tue, 26 Oct 2021 12:00:05 GMT
Dollars and gold preferred over bitcoin, leading investors tell the Future Investment Initiative Forum
Preferred investments in dollars over bitcoin when asked

Tue, 26 Oct 2021 11:00:05 GMT
SARCO records 114% increase in Q3 profits
On a quarterly basis, the net profits in Q3-21 were lower by 88%

Tue, 26 Oct 2021 11:00:05 GMT
All signs point to Jeddah as world’s top women golfers prepare for $2mln Saudi Arabia double-header
Aramco Saudi Ladies International and Aramco Team Series, Jeddah events in November ‘will bring new generation to the sport’

Tue, 26 Oct 2021 10:00:04 GMT
Cruise Saudi becomes member of World Travel & Tourism Council
Cruise Saudi has made good progress in its mission to bring the global cruise industry to Saudi Arabia.

Tue, 26 Oct 2021 09:39:04 GMT
Iraq and Saudi ACWA Power discuss solar power projects
Projects proposed for Southern Iraq

Tue, 26 Oct 2021 08:38:38 GMT
Nasdaq Dubai welcomes listing of $1.7bln sukuk by Islamic Development Bank
The listing strengthens the IsDB’s position as the largest supranational Sukuk issuer on Nasdaq Dubai with a total value of $18.8bln through 13 issuances listed on the exchange since 2016

Tue, 26 Oct 2021 05:30:08 GMT
Festival announces best short films from emerging Saudi filmmakers
Selected titles part of New Saudi/New Cinema Shorts program, which showcases up-and-coming Saudi filmmakers

Mon, 25 Oct 2021 14:34:57 GMT
Maktoum bin Mohammed arrives in Riyadh to take part in 'Middle East Green Initiative Summit'
Sheikh Maktoum is accompanied by a high-profile delegation

Mon, 25 Oct 2021 14:00:04 GMT
Unitholders of Taleem REIT Fund to receive dividends for Q3
The entitlement date will be for unitholders registered at the end of October 28

Mon, 25 Oct 2021 13:30:03 GMT
Ma’aden records leap to over $319mln in Q3 profits
Revenues increased by 43.7% year-on-year

Mon, 25 Oct 2021 13:30:03 GMT
Saudi's Emaar The Economic City names new chairman 
Appointment comes as losses exceed more than 35% of firm's share capital 

Mon, 25 Oct 2021 12:56:34 GMT
Saudi invites bids for Jafurah desalination plant
The desalination plant will support the development of Jafurah non-associated gas field

Mon, 25 Oct 2021 12:48:40 GMT
Saudi firms Dar Al Arkan and Madinat Al Wouroud partner for eco-friendly residential project in Taif governorate
$986mln residential project will offer apartments, villas, townhouses and commercial units in Saudi Arabia's summer destination

Mon, 25 Oct 2021 12:30:04 GMT
SALT set to delight foodies in Saudi Arabia for Riyadh Season
SALT, the popular food truck, is opening its doors in Saudi Arabia’s capital for 2021 Riyadh Season

Mon, 25 Oct 2021 12:29:58 GMT
Apicorp plans another debt issuance in 2022 as it expands renewable portfolio, CEO says
Saudi Arabia-based bank is now becoming very aggressive in building a sustainable and renewable portfolio

Mon, 25 Oct 2021 12:23:41 GMT
Baker Hughes starts construction of oilfield services hub in Saudi Arabia
The regional hub would be located within King Salman Energy Park (SPARK)

Mon, 25 Oct 2021 11:30:04 GMT
Zain KSA posts 0.3% higher profits in Q3
Quarter-on-quarter (QoQ), the net profits in Q3-21 were 45% higher

Mon, 25 Oct 2021 11:30:04 GMT
Saudi Arabia’s Monshaat supports seven-month region-wide Arab startup contest
Official government partner of the MIT Enterprise Forum’s Arab Startup Competition



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