Archives

Saudi Arabia

Mon, 07 Feb 2022 16:01:03 GMT
Egyptian food and beverage company Beyti to invest in new production lines
Company to invest $16mln in 2022 in new production lines 

Mon, 07 Feb 2022 13:30:01 GMT
Huawei to develop, expand Zain’s digital services in KSA
Agreement signed

Mon, 07 Feb 2022 13:27:06 GMT
Saudi fisheries CEO lays out $4bln investment plan
We are focused on job creation, protecting the local markets and improving and promoting our seafood industry, he said

Mon, 07 Feb 2022 13:16:52 GMT
Moody's assigns first time A1 rating to Saudi Arabia's PIF
The ratings reflect strong credit interlinkages between the kingdom and the wealth fund

Mon, 07 Feb 2022 12:53:05 GMT
Saudi Fransi Capital REIT Fund in Riyadh school development
A new ‘boys section building’ with a built-up area of 12,900 sqm

Mon, 07 Feb 2022 12:30:02 GMT
Saudi delivery startup BARQ secures $4mln seed round
The money will be used to expand the firm’s geographic footprint in the Kingdom

Mon, 07 Feb 2022 12:30:02 GMT
Mobily wins CITC’s ‘Best User Experience for 2021’ award
Mobily was chosen for the award as it achieved the highest average score in a set of criteria

Mon, 07 Feb 2022 12:27:50 GMT
SAIB appoints new Chairman, Vice Chairman
Abdullah Salih Jum'ah as the company's Chairman

Mon, 07 Feb 2022 11:00:02 GMT
400,000 Saudis joined private sector workforce in 2021: minister
The minister of human resources and social development told a conference in Riyadh

Mon, 07 Feb 2022 10:38:06 GMT
‘Saudi Arabia is open to the world,’ minister says
Saudi Arabia is open to the world, a government official said on Monday, in an investment event at Expo 2020 in Dubai

Mon, 07 Feb 2022 09:41:51 GMT
China's Jinko Power wins 300 MW Saad solar PV power project in Saudi Arabia
The project was tendered under Round 3 of Saudi's National Renewable Energy Programme

Mon, 07 Feb 2022 08:53:28 GMT
Saudi's BAHRI sees profits soar Q-o-Q but tumble year-on-year
National Shipping Company of Saudi Arabia said revenues from the oil sector had increased by $39.7mln in the fourth quarter

Mon, 07 Feb 2022 07:39:50 GMT
Smart Madinah Forum 2022 kicks off
Organised by the Madinah Development Authority

Mon, 07 Feb 2022 07:00:02 GMT
Nexthink selects solutions by STC as strategic partner In Saudi Arabia
Partnership aims to target the Kingdom's growing digital transformation market

Mon, 07 Feb 2022 06:56:28 GMT
Saudi to award 3 housing projects in Jeddah in Q1
6 projects planned in 2022

Mon, 07 Feb 2022 06:30:37 GMT
Saudi Riyad Bank to issue dollar denominated Tier 1 capital sukuk
Amount and terms of offer to be set subject to market conditions

Mon, 07 Feb 2022 06:30:02 GMT
Saudi sukuk issuances jumped 37% to $37bln in 2021, says S&P
Volume of issuance in 2022 to hit around $145-150bln

Mon, 07 Feb 2022 06:10:00 GMT
Saudi Ministry of Justice launches debt-related e-services facility
The debt acknowledgment service enables the client, borrower, to easily certify acknowledgment of debt owed to someone

Sun, 06 Feb 2022 10:00:02 GMT
Sabic buys Swiss Group Clariant’s 50% share in JV
Subject to regulatory approval, expected in mid-2022, the transaction will give Sabic full ownership of Scientific Design

Sun, 06 Feb 2022 09:56:36 GMT
Stc in deal to boost IT, digital transformation in Middle East
The Saudi Telecom Company (STC) has signed more than 15 agreements at the LEAP22 expo

Sun, 06 Feb 2022 09:30:01 GMT
Saudis urged to donate blood as pandemic hits stock levels worldwide
Health experts want healthy Saudis to donate blood to help boost stock levels affected by pandemic restrictions

Sun, 06 Feb 2022 09:00:02 GMT
Brace for the trading week on Tadawul; earnings season in high gear
The main indexes of Qatar, Bahrain, Oman, and Kuwait ended higher, all rising between 0.1 and 0.4%

Sun, 06 Feb 2022 09:00:02 GMT
Largest Saudi gym operator swings into highest ever profit in 2021
As sporting activity resumed in the Kingdom, the fitness company saw its subscriptions and renewals recover from pandemic-hit 2020

Sun, 06 Feb 2022 09:00:02 GMT
Saudi telecom firm Etihad Atheeb turns into losses in 9 months
It said the results were driven by the increase in costs of services, general and administrative expenses

Sun, 06 Feb 2022 05:00:02 GMT
Saudi envoy meets president of the National Assembly of Senegal
Senegal President Macky Sall expressed his aspiration to develop relationships between Saudi Arabia and Senegal

Sun, 06 Feb 2022 05:00:02 GMT
Saudi mining law ‘inspired by Canada, Australia, and Africa’
The law was formed to streamline the process of obtaining licenses and attract investors to the sector

Sat, 05 Feb 2022 09:00:05 GMT
Diriyah, Jewel of the Kingdom: Diriyah youth take center stage at Formula E’s 2022 inaugural race
Diriyah is the perfect host for the blend of innovation, culture and sustainability that the e-Prix stands for,” AlHussaini said

Sat, 05 Feb 2022 08:30:08 GMT
Saudi authorities release wild species in reserve to restore ecological balance
Meanwhile, King Salman Royal Natural Reserve launches field survey to protect resources

Sat, 05 Feb 2022 05:47:51 GMT
Saudi Arabia allows individuals to receive booster shot immediately after their recovery from COVID-19
Those who have tested negative could receive the booster shot in three months after taking the second dose

Sat, 05 Feb 2022 05:43:42 GMT
Saudi authorities deploy robots to dispense Zamzam water in Two Holy Mosques
The robot contains upper and lower cameras, and laser sensors that help it avoid any surrounding obstacles

Fri, 04 Feb 2022 13:08:13 GMT
Middle East AI company Mozn raises $10mln
The funding round is led by Raed Ventures with participation from Shorooq Partners, VentureSouq, Sukna Ventures

Fri, 04 Feb 2022 10:21:43 GMT
US approves $88.7mln potential weapons sales to Saudi, UAE
State department also grants approval to Jordan's request to buy $4.2bln equipment

Fri, 04 Feb 2022 07:30:04 GMT
Emaar Economic City reschedules $260mln KAEC loan facility
Emaar, The Economic City (EEC), the master developer of Jeddah-based King Abdullah Economic City, has reached an agreement with leading Saudi bank SABB to reschedule its existing loan

Fri, 04 Feb 2022 06:56:39 GMT
Saudi launches new PPP housing project
It includes 618 flats

Fri, 04 Feb 2022 06:21:29 GMT
Gas Arabian Services to debut on Saudi Exchange's parallel market on Feb. 7
Listing confirmed following January IPO

Fri, 04 Feb 2022 06:00:13 GMT
National Olympiad for Scientific Creativity showcases Saudi students’ projects
The winners will receive awards provided by “leading national and international institutions,” according to the organizers

Fri, 04 Feb 2022 05:41:37 GMT
Saudi’s King Abdulaziz Royal Reserve signs contracts to build two ecotourism resorts
Located in Rawdat Al-Khafs and Qalta Umm Qalidah, the resorts will include sports facilities, camp sites, hotels, restaurants and areas for stargazing and other special events

Fri, 04 Feb 2022 04:27:40 GMT
Ministry of Investment to launch ‘Invest in Saudi Arabia Forum’ at Expo 2020 Dubai
Representatives from several government agencies will also participate in the forum

Thu, 03 Feb 2022 14:00:04 GMT
Herfy food chain holds 6% of Saudi Arabia’s $4.8bln restaurant sector, says CEO
Riyadh-based firm is among the largest foodstuff producers in the meatpacking and bakeries market

Thu, 03 Feb 2022 12:26:55 GMT
Tasnee launches major digital transformation with SAP
The milestone transformation tackles various challenges faced by Tasnee

Thu, 03 Feb 2022 12:26:21 GMT
First Saudi data center fund to launch thanks to SFC, MIS collaboration
Saudi Data Center Fund 1, with the aim of constructing six hyperscale data centers

Thu, 03 Feb 2022 12:19:58 GMT
Saudi adoption of cloud technology was ‘very high’: Oracle vice president says
He noted that this service was particularly important for businesses

Thu, 03 Feb 2022 12:00:04 GMT
Mobily partners with Ericsson to expand 5G industry use cases
Reliable 5G connectivity will accelerate digital transformation in line with the Saudi Vision 2030

Thu, 03 Feb 2022 11:49:29 GMT
Saudi Fund for Development, Oman sign three deals to finance projects worth $244mln
Agreements seek to support Omani SMEs, development of infrastructure in Duqm

Thu, 03 Feb 2022 11:30:05 GMT
Depa wins $27.2mln contract for Saudi hospitality project
Headquartered in Dubai, Depa is a strategic management company specialising in global interior solutions

Thu, 03 Feb 2022 11:00:04 GMT
Volkswagen reports 65% growth in 2021 in Saudi Arabia
Despite adverse effects on the automotive industry, Volkswagen in Saudi Arabia has gained a positive market trajectory over the last year

Thu, 03 Feb 2022 11:00:04 GMT
Raiven Capital arrives in Riyadh to judge $600,000 startup competition at LEAP
The inaugural conference involves more than 400 speakers

Thu, 03 Feb 2022 10:00:05 GMT
Saudi digitization startup Retailo raises $36mln
Retailo is the fastest growing startup in Middle East, North Africa, and Pakistan



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