Archives

Saudi Arabia

Thu, 27 Jan 2022 07:00:50 GMT
Saudi's Riyadh PP11 independent power project secures $1.2bln refinancing
The project had completed a partial refinancing in 2016

Thu, 27 Jan 2022 06:14:53 GMT
Saudi GACA, KACST sign MoU to establish a center for research & development
The memorandum aims to contribute in supporting aircraft manufacturing and design, drawing a roadmap to support research, development and innovation in the field of air transport safety, both manned and unmanned

Thu, 27 Jan 2022 06:11:43 GMT
All remaining slums in Makkah to be developed soon
The authorities have concluded agreements with developers to start developing some parts of these neighborhoods

Thu, 27 Jan 2022 06:00:08 GMT
Booster dose: Saudi Arabia updates COVID-19 immunization status starting January 26
The Ministry of Interior (MoI) has confirmed that the immunization status will not change if the period is less than 8 months, stressing the need to obtain the third booster dose to enter facilities, public places, entertainment venues, airplanes and...

Thu, 27 Jan 2022 05:53:20 GMT
Jeddah to have major facelift, covering over 60 undeveloped neighborhoods
The ambitious $20bln project is meant to develop 5.7 million square meters of land overlooking the Red Sea to be financed by PIF as well as by the local and international investors

Thu, 27 Jan 2022 05:41:31 GMT
Acciona completes the construction of Shuqaiq 3 desalination plant in Saudi Arabia
The plant supply potable water to a population of 2 million in Azir and Jizan

Thu, 27 Jan 2022 04:39:56 GMT
Who’s coming to Saudi Arabia’s LEAP conference
The event will host workshops and sessions based around the future of IT including, education, financial technology, electric cars and smart cities

Thu, 27 Jan 2022 04:34:49 GMT
Saudi king Salman appoints new board to help SAIP become regional IP hub
The main tasks of SAIP include developing a national IP strategy, proposing and developing relevant regulations and laws, and registering, granting and protecting IP rights

Wed, 26 Jan 2022 13:36:49 GMT
Saudi PIF-owned Savvy makes debut with acquisition of ESL and FACIT
Saudi Arabia's Public Investment Fund launched Savvy Gaming Group that will be chaired by Crown Prince Mohammed bin Salman

Wed, 26 Jan 2022 13:30:04 GMT
Moody’s upgrades MedGulf’s IFSR to Ba1; outlook positive
The outlook on the company has been changed to positive from rating under review position

Wed, 26 Jan 2022 13:30:04 GMT
Saudi Pavilion launches Coffee Week at Dubai’s Expo 2020
This includes showing casing a variety of coffee-making and brewing techniques

Wed, 26 Jan 2022 13:00:03 GMT
Dallah Healthcare inks share swap MoU with KUN Investment
The agreement includes the sale and purchase of shares accounting for 18.98% of International Medical Center Company

Wed, 26 Jan 2022 12:24:23 GMT
Saudi Arabia aims to raise global bar in sustainable tourism: Expo 2020 World Majlis event
Saudi Arabia’s Red Sea Project will be entirely carbon neutral

Wed, 26 Jan 2022 10:40:21 GMT
Yokogawa, Aramco eye chip manufacturing in Saudi Arabia
Japan’s Minimal Fab Promoting Organization since 2017, will offer its expertise in deploying Minimal Fab technology to Aramco facilities

Wed, 26 Jan 2022 10:00:04 GMT
Saudi automotive acquires NAFT gas station operator in $293.3mln deal
The deal comes as part of SASCO’s expansion strategy to acquire new sites, increase market share, and enhance its reach and network of stations

Wed, 26 Jan 2022 07:16:12 GMT
Saudi's Advanced Petrochemical to buy back up to 1.5mln shares
Company plans to allocate them as treasury shares within its incentive programme for workers

Wed, 26 Jan 2022 07:00:05 GMT
Saudi Arabia launches ‘Sports Career Day’ to connect job seekers with sports sector
The three-day initiative, which is being organized by the Leaders Development Institute, was inaugurated by Deputy Sports Minister Badr Al-Qadi, on behalf of Prince Abdul Aziz bin Turki Al-Faisal, the minister of sport, at the Prince Faisal bin Fahd ...

Wed, 26 Jan 2022 06:28:06 GMT
15% jump in number of Saudis working in private healthcare sector
The total number of workers in the sector reached 444,930 at the end of the third quarter of 2021, with foreign workers making up about 53%, or 235,835 employees

Wed, 26 Jan 2022 06:17:51 GMT
Saudi's NDMC clears 43% of debts due for payment in 2022
Saudi's NDMC will issue securities in an optimal way to maintain the average maturity of the Kingdom’s public debt and reduce the risk of refinancing

Wed, 26 Jan 2022 05:57:48 GMT
Saudi to build 300,000 houses in 5 years
New project launched

Wed, 26 Jan 2022 05:40:01 GMT
Saudi Arabian Pipes Co. wins $71.4mln Aramco order for supply of steel pipes
Financial impact to begin from Q3 2022

Wed, 26 Jan 2022 05:07:25 GMT
India emerges as Saudi Arabia’s second-largest trading partner
Trade between the two countries in the current financial year was $24.9bln, an increase of 94%

Wed, 26 Jan 2022 05:04:26 GMT
Aramco tops Arab companies on Brand Finance Global 500 list
Following a difficult period for the oil and gas sector as a result of the COVID-19 pandemic, Aramco placed 31st in the list and is the only Arab company in the top 100 of the world’s 500 most valuable brands in 2022

Wed, 26 Jan 2022 04:48:51 GMT
Saudi Arabia, Thailand 'turn new page in relations' as prime minister visits
Agreed to fully restore diplomatic ties and to exchange ambassadors in the near future, joint statement said

Wed, 26 Jan 2022 04:23:47 GMT
Saudi Arabia and Iraq sign MoU to link power grids
The agreement paves the way for the transfer of electricity between Iraq and Saudi, GCC grids

Tue, 25 Jan 2022 14:48:36 GMT
Honeywell launches new facility for oil and gas in Saudi Arabia
The facility will mainly cater to the Saudi Arabian market, GCC countries

Tue, 25 Jan 2022 12:31:12 GMT
Aramco, mCloud to explore a joint hub for ESG solutions in Saudi Arabia
This hub would enable both parties to jointly develop new AI-powered innovations

Tue, 25 Jan 2022 12:28:19 GMT
Saudi Arabia, Iraq sign electrical interconnection agreement
Part of a goal to make the Kingdom a regional center for linking electricity systems in the Arab world

Tue, 25 Jan 2022 12:24:03 GMT
Bahri, Metito launch trial ops of first Saudi floating desal plant
The project was developed by Metito

Tue, 25 Jan 2022 12:22:09 GMT
Thai PM arrives in Saudi Arabia in visit to build ties
Upon arrival at the King Khalid International Airport, Chan-ocha was received by the deputy emir of Riyadh

Tue, 25 Jan 2022 11:41:41 GMT
M&A growth will continue in Saudi Arabia in 2022: Sovereign AEI
FDI advisors saw 30% increase deal activity across all corporate products and services in the kingdom from 2020 to 2021

Tue, 25 Jan 2022 11:39:58 GMT
Saudi gaming revenue to reach $6.8bln by 2030: BCG
Report says revenue will have CAGR of 22%, rising from $959mln in 2020

Tue, 25 Jan 2022 11:30:03 GMT
Egis plays key role in Saudi RO desal plant operations
Egis was appointed by SWPC for the design review

Tue, 25 Jan 2022 11:00:03 GMT
Saudia to operate direct flights from Paris to AlUla
The direct flight will depart from Charles de Gaulle (CDG) airport every Sunday from January 30 to March 27

Tue, 25 Jan 2022 10:30:04 GMT
Alandalus Property completes 70% of ‘The Village’ project in Jeddah
The project is expected to complete in the second quarter of 2022

Tue, 25 Jan 2022 10:14:26 GMT
Al Rajhi REIT Fund increases facilities limit from Al Rajhi Bank
Seven-year facility

Tue, 25 Jan 2022 10:00:03 GMT
Madinah public transport to be improved after $15mln deal
The Riyadh-based transport company, which operates local and international routes, signed the deal with the Madinah Region Development Authority

Tue, 25 Jan 2022 07:41:30 GMT
Saudi sets minimum $53mln for public-private partnership projects
It must be for at least 30 years

Tue, 25 Jan 2022 07:30:03 GMT
Ehsan platform launches application for smartphone
The application is expected to contribute to improving the end-user experience in providing donations with easy-to-navigate interfaces and use

Tue, 25 Jan 2022 07:03:56 GMT
Saudi Arabia assumes presidency of GCC Commercial Arbitration Center
Saudi Arabia takes over the presidency from Bahrain

Tue, 25 Jan 2022 06:52:20 GMT
Saudi Arabia and Romania sign defense cooperation agreement
The agreement covered a number of defense fields between the two countries, most notably training, exchanging expertise, technologies, developing communications systems, medical services, military history, archives, publications and museums, among ot...

Tue, 25 Jan 2022 06:48:54 GMT
SAPTCO signs $15mln Madinah public transport contract
The contract announcement is SAPTCO's second this week

Tue, 25 Jan 2022 06:29:27 GMT
Saudi contractors asked to get rating
Ministry to launch rating drive

Tue, 25 Jan 2022 04:31:48 GMT
IKTVA: Saudi Arabia to create localization body for energy sector, minister says
The three-day forum is being held at the Dhahran Expo Center in the Kingdom's Eastern Province

Mon, 24 Jan 2022 14:45:54 GMT
King Salman Park Foundation announces start of visitor pavilion construction
The 90,000-square meter public space will include a plant nursery, a multi-use hall

Mon, 24 Jan 2022 14:30:03 GMT
Saudi Arabia reports 4,838 new COVID-19 cases, 2 deaths
The total number of recoveries in the Kingdom has increased to 606,130

Mon, 24 Jan 2022 14:30:03 GMT
Saudi Arabia to host LEAP tech conference to address future challenges
Targeting the attendance of 40,000 local and international visit

Mon, 24 Jan 2022 12:50:14 GMT
Saudi's Zoujaj signs MoU for waste glass recycling project
Pact signed with Saudi Investment Recycling Company to set up JV for re-processing glass waste for production of glass



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