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Saudi Arabia

Thu, 18 Nov 2021 06:04:00 GMT
PROJECTS INTERVIEW: Pandemic spurs demand for professional FM services 
Khidmah CEO Abdellatif Sfaxi says facility management has always been very crucial for maintaining properties but COVID has made it even more critical than ever.  

Thu, 18 Nov 2021 05:05:30 GMT
UNDP Saudi Arabia launches accelerator lab
Innovation needed to respond to government’s changes, says UNDP official

Wed, 17 Nov 2021 14:30:04 GMT
Saudi Arabia's holdings of US treasury bonds down 5% in September
Saudi Arabia has occupied the 17th position among the holders of the US debt instruments

Wed, 17 Nov 2021 14:30:04 GMT
Saudi Arabia's Aid Centre signs two deals with UN Food and Agriculture Organization
The project will benefit 24,030 members of farming families in Hajjah and Lahij governorates in Yemen

Wed, 17 Nov 2021 14:30:04 GMT
Al Rajhi Takaful signs bancassurance deal with Al Rajhi Bank
The insurance firm noted that the value of the contract cannot be determined

Wed, 17 Nov 2021 13:30:04 GMT
TRSDC signs deals to promote agricultural projects
TRSDC aims to provide social and economic opportunities for the local community

Wed, 17 Nov 2021 12:51:02 GMT
Saudi sales transactions down over 8% last week
The number of transactions fell by 2.3%

Wed, 17 Nov 2021 12:44:55 GMT
SABB and EXIM sign insurance policy agreement
The agreement will allow SABB to accept more documentary letters of credit

Wed, 17 Nov 2021 12:39:04 GMT
Arriyadh Development's unit repays credit facilities
Arriyadh Development Company has no obligations related to this loan

Wed, 17 Nov 2021 11:00:04 GMT
GACA reveals its investment opportunities in Dubai Airshow
The pavilion highlighted promising investment opportunities in the field of building, developing and modernizing the civil aviation sector and airports in Saudi

Wed, 17 Nov 2021 10:41:06 GMT
Saudi-based tech startup Rasan closes $24mln funding round
Rasan will spend the money on developing new technology and products

Wed, 17 Nov 2021 10:00:04 GMT
HealTec, Saudi-based rehabilitation manufacturing startup raises its first funding round
The seed round is led by Nour Nouf Ventures, a Saudi-based family office, and facilitated by Chrome Advisory

Wed, 17 Nov 2021 08:00:04 GMT
Wahaj to make aircraft spare parts for Honeywell
Wahaj is among companies that have received the AS9100 accreditation in the Kingdom of Saudi Arabia

Wed, 17 Nov 2021 06:40:48 GMT
Saudi courts oversee arbitrations, rulings worth billions
Courts presided over 297 applications for enforcement of foreign rulings and arbitration awards worth $640mln in 2021

Wed, 17 Nov 2021 06:30:04 GMT
Saudi launches service to start business from outside country in just 3 steps
The new step contributes to strengthening the Kingdom's reforms to do business for investors and companies

Wed, 17 Nov 2021 06:30:04 GMT
Governor of Saudi Arabia’s Eastern Province highlights efforts in handling pandemic
The prince praised the cooperation of all parties and the awareness of citizens and residents in applying precautionary measures

Wed, 17 Nov 2021 04:35:36 GMT
Saudi says 49 housing projects under construction
5 projects nearly ready

Tue, 16 Nov 2021 14:30:05 GMT
Sanad signs MoU with MEPC to propel regional expansion in Saudi
MoU will see a collaboration between both companies in joint capabilities

Tue, 16 Nov 2021 14:00:05 GMT
Geidea, Alamthal Financing bring POS loan repayment for Saudi SMEs
Merchants will be able to repay their loan instalments directly through POS terminals

Tue, 16 Nov 2021 13:54:24 GMT
Saudi manufacturer Wahaj becomes Honeywell’s first global supplier
A seven-year deal

Tue, 16 Nov 2021 13:41:55 GMT
Pandemic shows AI is now a ‘must-have’ in Saudi hospitals, says CEO of Philips Healthcare
With digitization and AI, a physician located anywhere in the world can manage up to 50 beds from his workstation

Tue, 16 Nov 2021 11:00:04 GMT
Saudi MoI eases procedures for foreign business investors
The new step contributes to strengthening the kingdom’s reforms

Tue, 16 Nov 2021 10:01:30 GMT
Geidea signs strategic partnership with Alamthal Financing to simplify loan financing for Saudi SMEs
New solution to enable auto repayments of loans via Point-of-Sale terminals

Tue, 16 Nov 2021 09:27:14 GMT
ACWA Power to close financing for TRSDC project before year end, NEOM project in H2 2022
The two projects, in addition to its ongoing developments in Sudair and Jazan, will have positive impacts on its earnings, Paddy Padmanathan, chief executive officer of ACWA Power said

Tue, 16 Nov 2021 07:00:07 GMT
Saudi Arabia’s Soudah Development launches Switzerland scholarship
Soudah Development’s initiative to upskill and empower the local community reflects its commitment to create more than 8,000 jobs by 2030

Tue, 16 Nov 2021 04:19:49 GMT
Setting up a Saudi business from outside the Kingdom made easier
Licensing process streamlined as part of joint ministry initiative, easing the path for investors

Mon, 15 Nov 2021 14:30:02 GMT
New Saudia planes will have ‘high-speed’ inflight internet
Saudia said in a statement

Mon, 15 Nov 2021 14:09:20 GMT
‘Saudi diplomacy helped save COP26 talks': Kingdom's energy minister
A Saudi proposal on wording originally agreed at the Rome G20 conference last month had helped save the day in Glasgow

Mon, 15 Nov 2021 12:39:09 GMT
SABB launches novel supply chain finance solution
Payables Finance concept is based on a buyer risk where seller is bearing the cost of discounting

Mon, 15 Nov 2021 11:30:01 GMT
Saudia fleet to offer high-speed broadband solution by Inmarsat
The selection enables Saudia to provide a world-class digital experience for passengers onboard

Mon, 15 Nov 2021 11:09:58 GMT
STC Bahrain signs $186mln financing deal with ADIB, MUFG
The loan will be invested in ICT infrastructure

Mon, 15 Nov 2021 11:00:02 GMT
Confident Saudi Arabia face a wounded Vietnam with eyes firmly on Qatar 2022
Herve Renard’s men chase a win and 16 points from six matches in Group B

Mon, 15 Nov 2021 11:00:02 GMT
Almunajem IPO starts today for Institutional investors
The institutional part of the initial public offering in the Almunajem Foods is starting today

Mon, 15 Nov 2021 11:00:02 GMT
Saudi citizenship granted to leading scientific, religious, medical and educational figures
Saudi citizenship granted to leading scientific, religious, medical and educational figures

Mon, 15 Nov 2021 11:00:02 GMT
Standard Chartered Bank executes its first ESG 'Use of Proceeds' repo
Saudi National Bank will allocate $250mln financing

Mon, 15 Nov 2021 10:54:38 GMT
Saudi fitness chain Leejam expands UAE presence as out-of-home workouts pick up 
New openings expand company's network to more than 140 branches 

Mon, 15 Nov 2021 10:40:08 GMT
Saudi’s World Defense Show to build dedicated runway as part of event's expansion
The event will take place in Riyadh from March 6 to 9 next year

Mon, 15 Nov 2021 10:00:02 GMT
Nayifat Finance Company announces completion of the offering period for Individual Investors
1,021,759 investors subscribing

Mon, 15 Nov 2021 08:33:15 GMT
Saudi Almarai completes $58.5mln acquisition of UAE's Binghatti Beverages
The transaction was internally financed by Almarai’s operating cash flows

Mon, 15 Nov 2021 08:30:02 GMT
Saudi inflation accelerating in Oct for 2nd month in a row
Inflationary pressures were driven by higher prices of the food and beverages index and costlier transport

Mon, 15 Nov 2021 06:42:32 GMT
27 renowned Islamic scholars, physicians and academics granted Saudi citizenship
Granting of the citizenship was in recognition of their distinguished services and outstanding contributions in all major walks of life

Mon, 15 Nov 2021 06:37:01 GMT
Initial startup activities begin at Jubail ethylene glycol plant - SABIC
Financial impact will be seen at start of commercial ops

Mon, 15 Nov 2021 05:52:00 GMT
Saudi Arabia to establish first non-profit city in world
The city will be a model for the development of the non-profit sector globally and an incubator for youth and volunteer groups

Mon, 15 Nov 2021 05:30:02 GMT
Yoga pioneer wants to improve Saudis’ mind, body, and soul
Nouf Al-Marwaai wants to capitalize on the emerging popularity of the practice

Mon, 15 Nov 2021 05:15:51 GMT
No point in engagement with Lebanon, says Saudi Arabia
Prince Faisal bin Farhan’s remarks have dashed hopes in Beirut of a solution to the deepening diplomatic rift with Riyadh, as Lebanon struggles with political paralysis and a collapsing economy

Mon, 15 Nov 2021 04:24:52 GMT
STC reveals the biggest data center in MENA exceeding 180,000 sqm
The new phase will be completed within the next months, with 16 data centers including 17,000 storage units and serve 8 parallel sites distributed in 6 cities

Mon, 15 Nov 2021 03:46:30 GMT
Saudi subsidiary awards engine overhaul contract to GE Aviation at Dubai Airshow
Contract will cover maintenance, repair of Flydeal's A320-200 fleet

Sun, 14 Nov 2021 13:19:23 GMT
Saudi Arabia’s SAEI expects $260mln profit from Honeywell global service center deal
The contract is expected to bear profit of $260mln for its full duration



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