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Saudi Arabia

Wed, 16 Feb 2022 12:18:22 GMT
PROJECTS: Saudi industrial projects put at $21.6bln in 2021
775 mining permits were also issued  

Wed, 16 Feb 2022 11:30:41 GMT
Saudi Arabia reports 1,793 new COVID-19 cases, 2 deaths
MoH reported two new deaths, bringing the fatalities tally in Saudi Arabia to 8,977

Wed, 16 Feb 2022 11:30:41 GMT
Saudi's real estate activity to rebound this year: CBRE
Transactions in key cities starting to show signs of an upswing

Wed, 16 Feb 2022 11:00:36 GMT
Diriyah Gate signs pact for joint projects with RITA
These initiatives will take place in the palace of Prince Saad bin Saud, one of the largest mud palaces, located in At-Turaif historic district

Wed, 16 Feb 2022 10:00:41 GMT
Saudi Watheeq changes name upon regulatory nod
The Saudi Capital Market Authority (CMA) was notified of the new company name

Wed, 16 Feb 2022 10:00:41 GMT
Saudi Fund for Development launches raft of development projects in Djibouti
SFD has provided Djibouti with 15 soft loans to help finance 13 development projects

Wed, 16 Feb 2022 10:00:37 GMT
Saudi-listed GASCO to acquire 55% of Best Gas Carrier in $7mln deal
Total transaction value stands at SR29 million ($7 million)

Wed, 16 Feb 2022 09:30:26 GMT
Saudi authorities agree to cooperate on development of traditional arts, urban heritage
The MoU was signed by the Diriyah Gate Development Authority and the Royal Institute of Traditional Arts

Wed, 16 Feb 2022 09:27:44 GMT
Saudi minister meets Paraguayan, Uruguayan senior officials during bilateral visits
They two sides reviewed opportunities for joint cooperation between the two countries and ways to enhance and develop them in various fields, in addition to a number of regional and international issues and developments of common interest

Wed, 16 Feb 2022 07:16:19 GMT
Saudi Arabia's GASCO agrees to buy 55% share of Best Gas for $7.77mln
GASCO says value of transaction includes purchase price and capital injection into Best Gas Carrier Co

Wed, 16 Feb 2022 07:12:53 GMT
Saudi British Bank's Q4 net profit drops 26% as provisions climb
The lender said this reflects increased charges against certain corporate customers

Wed, 16 Feb 2022 06:50:55 GMT
Saudi signs deal to build logistics zone at Jeddah Port 
It will comprise warehouses and container services 

Wed, 16 Feb 2022 04:40:44 GMT
Saudi Aramco's transfer to PIF is credit positive - Moody's
The ratings agency said the transfer reflects the fund's importance to Saudi Arabia, increasing its AUM by 20%

Tue, 15 Feb 2022 15:00:32 GMT
Saudi Arabia reports 1,982 new COVID-19 cases, 1 death on Tuesday
The total number of recoveries in the Kingdom has increased to 698,842

Tue, 15 Feb 2022 14:40:51 GMT
Saudi open-source government software to contribute $1.3bln to Kingdom’s digital economy
Ahmed Mohammed Al Suwaiyan added the software will also create 2,000 job opportunities

Tue, 15 Feb 2022 12:20:13 GMT
Deloitte launches first Relativity platform in Saudi Arabia
Relativity eDiscovery platform is used by thousands of organisations around the world to manage large volumes of data

Tue, 15 Feb 2022 10:00:57 GMT
SANS Institute announces interactive training program for the new generation of cybersecurity leaders in Saudi Arabia
SANS Secure Middle East 2022 will empower individuals with the essentials required to be an expert cybersecurity practitioner today

Tue, 15 Feb 2022 09:01:00 GMT
Saudi Arabia's January inflation up 1.2% on higher gas prices
The food and beverages index rose 2%

Tue, 15 Feb 2022 09:00:28 GMT
Elm to make TASI debut on Wednesday after $820mln IPO
The final offer price was set at $34.1 per share, the top end of an indicative range

Tue, 15 Feb 2022 05:31:14 GMT
Islamic bank approves Afghan trust fund
IsDB officials gave the green light to the fund, that will be administered by the bank

Tue, 15 Feb 2022 05:07:48 GMT
Saudi food authority seizes tons of spoiled food in Madinah
The authority urged consumers to report any such violations by calling the number (19999) or via the Tammini app

Tue, 15 Feb 2022 04:57:29 GMT
Saudi Expo 2020 pavilion marks 3mln visits
Saudi Arabia's pavilion is drawing about a quarter of all Expo 2020 Dubai visits, which now total just over 12mln

Tue, 15 Feb 2022 04:45:38 GMT
Saudi Arabia announces next steps in licensing process for its largest mining site
Khnaiguiyah is the Kingdom’s largest exploration site

Mon, 14 Feb 2022 14:48:22 GMT
Saudi Arabia's RedBox logistics startup raises $3mln
Vision Ventures led the round with participation from RAF investments

Mon, 14 Feb 2022 14:30:12 GMT
Saudi Arabia’s Expo 2020 pavilion logs record 3mln visits
Saudi Arabia Pavilion is drawing approximately a quarter of all Expo 2020 Dubai visits

Mon, 14 Feb 2022 13:30:28 GMT
Air Arabia Egypt launches new Sohag-Gassim service
The airline has deployed an Airbus A320 to service the route on Thursdays

Mon, 14 Feb 2022 13:30:28 GMT
Saudi Arabia to see second local sukuk issuance for the year
The local issuance comes amid rising demand for both international and domestic fixed income markets

Mon, 14 Feb 2022 13:17:15 GMT
Saudi Alhokair to leverage microfinance across its wide retail network, says CEO
Alhokair currently has 1,400 stores, 300 of which are located outside the Kingdom

Mon, 14 Feb 2022 12:44:18 GMT
Saudi Arabia announces qualified consortiums for car park PPP in Riyadh
8 consortiums have been qualified for Saudi's first privatisation project in the municipal sector

Mon, 14 Feb 2022 12:00:32 GMT
Saudia, Huawei to host airline app on AppGallery
Saudia guests will now be able to book and plan their flights between Saudi Arabia and their chosen destination from the convenience of their Huawei smart devices

Mon, 14 Feb 2022 11:00:34 GMT
Jeddah hotel sector performance edges down in January
The sector reported an occupancy rate of 46.2%

Mon, 14 Feb 2022 11:00:34 GMT
66% of Saudi entrepreneurs believe they will emerge stronger
In the kingdom, annual revenue based on online sales channels figures at 41%

Mon, 14 Feb 2022 11:00:34 GMT
Prince Sultan University, VMware to launch Innovation Centre
The Innovation Centre is equipped with VMware software and resources to give students, researchers, and businesses hands-on experience

Mon, 14 Feb 2022 10:30:12 GMT
TASI recovers slightly after oil prices reach record highs: Opening bell
The stock of oil giant Aramco traded flat

Mon, 14 Feb 2022 10:09:18 GMT
Ireland plans $113mln food exports to Saudi Arabia, eyes more shipments to Middle East
As a part of this plan, Ireland will also target exports of $96mln to the UAE by 2025

Mon, 14 Feb 2022 07:48:36 GMT
Sabic enables large metal pipe lining projects in Saudi
Metal-pipe lining is a growing trend in the industry for the rehabilitation of old metal pipelines and protection of new ones from corrosion

Sun, 13 Feb 2022 09:30:11 GMT
East Pipes to debut on Saudi Arabia’s main index TASI Monday
The offer comprised a total of 6.3 million shares

Sun, 13 Feb 2022 09:30:11 GMT
Saudi retailer BinDawood to boost e-commerce through potential acquisition
The potential acquisition comes in a bid to strengthen BinDawood’s position in the e-commerce sector and enhance its omnichannel presence

Sun, 13 Feb 2022 09:30:11 GMT
Saudi Arabia to launch first news radio station on Sunday
Al-Ekhbariya Radio will be initially broadcast via the FM wave in three regions: Riyadh, Jeddah and Dammam

Sun, 13 Feb 2022 09:30:11 GMT
Saudi big pharma Al-Dawaa sets IPO price range, begins book-building
The company earlier announced it was offering 25.5mln shares in an IPO

Sun, 13 Feb 2022 09:30:11 GMT
Saudi petrochem Chemanol, GDI signs methanol deal, to explore future collaboration
Both firms are also set to explore opportunities for future cooperation in the petrochemical sector

Sun, 13 Feb 2022 04:07:31 GMT
VC fund 500 Global hunts for Saudi Arabia’s next tech unicorn
Fund CEO Christine Tsai says they spread their bets over a large range of firms to find the startup that will make it big

Fri, 11 Feb 2022 12:41:31 GMT
New four-star Radisson Blu hotel in Al-Ahsa backed by Saudi Tourism Development Fund
The hotel will provide more than 180 hotel rooms and nearly 400 job opportunities

Fri, 11 Feb 2022 12:30:44 GMT
PROJECTS: Saudi Ma'aden announces the start of trial production at new ammonia plant
The design capacity is 1.1 million tonnes per annum

Fri, 11 Feb 2022 11:30:18 GMT
PROJECTS: Saudi's Alakaria awards $32mln infrastructure works contract
Contract awarded to Mohammmad Al-Ojaimi Contracting

Fri, 11 Feb 2022 09:24:53 GMT
Saudi forms body to upgrade construction sector 
17 targets set 

Fri, 11 Feb 2022 08:21:25 GMT
Kuwaiti firms to set up leisure hubs, mall in Saudi Arabia
These projects aim to support the Eastern Province’s tourism, entertainment, culture, education, health, sports, environment, and privatization sectors

Fri, 11 Feb 2022 06:45:46 GMT
Saudi PIF takes majority stake in Dubai's Depa for $41mln
Depa's board expanded to include 6 PIF appointees



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