Saudi Arabia
Wed, 23 Feb 2022 11:01:46 GMTSaudi Arabia announces prequalified companies for Taiba Independent Power Plant
10 companies have been prequalified, including the UAE's Taqa and Qatar's Nebras
Wed, 23 Feb 2022 11:00:49 GMTstc's OGM approves supplementary contract with Walaa
The signed supplementary contract was part of the ordinary businesses that have offered no preferential advantages
Wed, 23 Feb 2022 09:37:27 GMTRiyadh opens doors to real estate future forum today
On its first day, the forum will host all the top officials and executives in the sector led by Majid Al-Hogail, minister of Municipal and Rural Affairs and Housing
Wed, 23 Feb 2022 09:18:34 GMTSaudi's Taqa Well Services bags mega integrated fracturing contract
The value of the contract is $267mln
Wed, 23 Feb 2022 09:00:42 GMTSaudi chain Al-Dawaa raised $27bln in IPO from institutional investors
Individual subscriptions will be invited between Feb 27 and March 1, offering a maximum of 2.55mln shares
Wed, 23 Feb 2022 06:31:41 GMTSaudi ACWA Power closes $1.3bln debt facility for Red Sea Project
Facility will now include Saudi National Bank in consortium of financiers
Wed, 23 Feb 2022 06:06:33 GMTNearly half of Saudi homeowners, 84% of tenants want to buy new home
Saudi Arabia has big untapped market of residents looking to buy a flat or villa: Knight Frank
Tue, 22 Feb 2022 13:16:32 GMTGIB inks $107mln project finance deal for new Jeddah hospital
Spread over a 65,000-sq-m area
Tue, 22 Feb 2022 13:09:55 GMTAcciona consortium wins major Saudi water management contract
Management, operation and maintenance of the end-to-end water cycle in the regions of Asir, Jazan, Baha and Najran for the next seven years
Tue, 22 Feb 2022 12:31:10 GMTSABB's board proposes 4% dividend distribution for H2-21
The cash dividend payout stands at SAR 0.36 per share
Tue, 22 Feb 2022 12:24:40 GMTSAIB's profits down 2% in 2021
The bank's interest income went down
Tue, 22 Feb 2022 11:31:58 GMTSovereign sukuk to fall to $73bln this year; Saudi Arabia leads decline: Moody’s
GCC sovereigns are likely to see a surplus of $50bln in 2022
Tue, 22 Feb 2022 11:30:20 GMTSaudi products exports 32% higher in 2021 on diesel, fuel oil shipments
Diesel and fuel oil were the two main products that drove exports higher,
Tue, 22 Feb 2022 11:30:20 GMTSaudi aid center chief meets UN delegation in Riyadh
Dr. Abdulhakim Elwaer lauded KSrelief’s ongoing professionalism in implementing a range of global projects
Tue, 22 Feb 2022 11:00:58 GMTTRSDC appoints Accenture as Enterprise Architecture partner
To run the Smart Destination Programme for a seamless connection and visitor experience at The Red Sea Project
Tue, 22 Feb 2022 10:00:50 GMTTRSDC appoints Accenture as the enterprise architecture partner for its integrated smart services and data platform
The destination is setting new standards in sustainable development and luxury tourism
Tue, 22 Feb 2022 09:44:51 GMTSpanish-Saudi consortium awarded $106mln water cycle management contract in the Kingdom
Consortium of Acciona, Aqualia, Tawzea and HAACO awarded PPP contract for Southerm Cluster
Tue, 22 Feb 2022 04:00:09 GMTEmerson opens its fourth manufacturing facility in Saudi Arabia
The new plant is located in Jubail
Mon, 21 Feb 2022 15:00:16 GMTThob Al Aseel’s net profits down 27.5% in 2021; dividends approved
Thob Al Aseel’s board approved on 20 February a cash dividend distribution
Mon, 21 Feb 2022 15:00:16 GMTArabian Shield's net profits down 16% in 2021
Net written premiums grew by 15.96% year-on-year (YoY)
Mon, 21 Feb 2022 14:41:57 GMTSaudi Cable’s shareholders approve 27% capital decrease; fluctuation limits set
The capital cut will be carried out by cancelling one share for every 3.6684 shares
Mon, 21 Feb 2022 13:03:35 GMTSaudi and UAE continue to lead the Middle East hotel construction market
The Middle East was the leader in opening to international arrivals and hosting large events
Mon, 21 Feb 2022 12:53:05 GMTEnEx to set up drone manufacturing plant at Saudi energy park
EnEx Group is a private Saudi company acting as an investor and business promoter
Mon, 21 Feb 2022 12:24:50 GMTCompanies and governments should continue oil sector investment: Aramco CEO
Aramco increased the spare capacity from 12mln barrels per day to 13mln bpd in 2020
Mon, 21 Feb 2022 11:00:34 GMTAslak signs MoU with UAE's A-1 Fence DMCC for possible acquisition
The possible acquisition aims to enable Aslak to diversify its sources of income and maximise its profitability
Mon, 21 Feb 2022 10:37:16 GMTSASCO inks facility agreement with Riyad Bank
The facilities include ten-year financing
Mon, 21 Feb 2022 10:35:52 GMTLack of investments in energy sector causing a price surge: Saudi energy minister
Speaking at the International Petroleum Technology Conference in Riyadh, the minster noted that innovation is necessary to ensure a plan to use renewables to generate half of the energy required by the Kingdom by 2030
Mon, 21 Feb 2022 10:00:43 GMTSASCO gets $135mln loan from Riyad Bank to finance NAFT acquisition
The long-term loan, obtained on Feb. 20, will be paid over a period of ten years
Mon, 21 Feb 2022 09:55:37 GMTSaudi telecom operator Mobily profits up 37% in 2021
The strong results were primarily driven by growth in the Business and Consumer segments
Mon, 21 Feb 2022 08:21:34 GMTSaudi firm to manufacture drone systems at Spark
Spark is a fully integrated industrial ecosystem and spans an area of 50 sq km
Mon, 21 Feb 2022 06:55:25 GMTSaudi's Mobily 2021 net profit jumps 36.8% to $285mln
Telecom operator reports higher revenues, growth in subscriptions
Mon, 21 Feb 2022 05:31:52 GMTSaudi's largest pharmacy chain Nahdi Medical to 'accelerate' UAE expansion
Firm confirms expansion as it prepares to list on local bourse
Mon, 21 Feb 2022 05:00:24 GMTSaudi mall operator Arabian Centers returns to pre-pandemic level
As occupancy rates and commercial activity increased, the company renewed licenses to work on the Jawharat Arriyadh project
Sun, 20 Feb 2022 08:30:19 GMTInitiatives to plant and preserve wild plants and trees in Saudi Arabia
The plant species are found in sandy areas, salt marshes and aquatic environments
Sun, 20 Feb 2022 08:30:19 GMTSaudi minister hold talks in Ecuador as part of South American tour
The two sides also exchanged views on a number of regional and international issues of common interest
Sun, 20 Feb 2022 08:30:19 GMTSaudi Electronic University launches e-learning forum in Riyadh
The event will bring together educators, policymakers, innovators to find ways to solve digital challenges
Sun, 20 Feb 2022 08:00:36 GMTNahdi Medical plans IPO, listing on Saudi Exchange
The offering is expected to comprise a sale of existing shares and result in a free float of 30%
Sun, 20 Feb 2022 04:00:46 GMTSaudi Arabia to hold a number of events over three days to celebrate the first Founding Day
Cities across Saudi Arabia are set to host the largest traditional cultural show simulating human struggle since the founding of the Saudi state
Sat, 19 Feb 2022 08:24:51 GMTSedco sells key Saudi dining group to US investment group
AEC operates 17 casual dining restaurants throughout Saudi Arabia and is the local franchisee for Applebee's Neighborhood Grill + Bar, one of the world's largest casual dining brands
Sat, 19 Feb 2022 05:00:53 GMTDiriyah, Jewel of the Kingdom: Diriyah supports young survivors on International Childhood Cancer Day
The 2022 theme focuses on “Better Survival” and how this is achievable #throughyourhands
Sat, 19 Feb 2022 04:52:05 GMTSaudi interior ministry launches joint tactical exercise for internal security forces sector
The joint tactical exercise is being held under the guidance and follow-up of the interior minister
Fri, 18 Feb 2022 13:38:46 GMTSEDCO Holding completes sale of Arabian Entertainment Co. to GLD Partners
SEDCO is exiting from the food service sector
Fri, 18 Feb 2022 12:40:58 GMTSaudi Arabia backs global efforts to develop innovative cultural policies: Minister
Prince Badr expressed his appreciation for UNESCO’s efforts in preparing and coordinating the consultations
Fri, 18 Feb 2022 12:39:32 GMTSaudis see long-term job stability in tourism, government study shows
Some 83 percent expressed that working in the tourism sub-sectors would be a very suitable option
Fri, 18 Feb 2022 09:46:53 GMTSaudi Fund for Development kicks off new $137mln projects in Africa
Initiatives in Djibouti include water supply, housing, road projects
Fri, 18 Feb 2022 03:17:45 GMTSaudi labor ministry represents workers by preserving their rights, says minister
Acting Information Minister Majid Al-Qasabi and Human Resources Minister Ahmed Al-Rajhi presented the latest government developments from different sectors to the media
Thu, 17 Feb 2022 14:03:46 GMTPROJECTS: Saudi Arabia prequalifies 19 firms for Ras Mohaisen - Baha - Makkah water transmission project
The project is being procured using the BOOT model
Thu, 17 Feb 2022 13:46:55 GMTSaudi economy to exhibit strong growth in 2022 as pandemic diminishes: report
A reversal in social distancing restrictions could boost the wholesale and retail, and restaurants and hotels sector