Browsing Category
Business
Saudi Arabia’s NDMC closes August sukuk issuance at $1.60bn
Saudi Arabia’s National Debt Management Center has completed its riyal-denominated sukuk issuance for August at SR6.018 billion ($1.60 billion), representing an 87.22 percent rise compared to July.
The figure was the third highest this…
Read More...
Read More...
Saudi Cabinet approves key agreements with UK, Malaysia and Jordan
A number of key agreements signed with the UK, Malaysia, and Jordan received approval from the Saudi Cabinet, as Saudi Arabia strengthens its international partnerships under Vision 2030.
The deals, ratified during a meeting chaired by…
Read More...
Read More...
Global designing and engineering firms roped in for new Riyadh airport development
Global firms including Foster & Partners, Jacobs Engineering, Mace, and Nera have been signed on for the new phase of development at King Salman International Airport in the Saudi capital.
Being developed by the King Salman…
Read More...
Read More...
Saudi Arabia’s NEOM to receive fleet of zero-emission electric passenger ships
Saudi Arabia’s giga-project NEOM is set to receive a fleet of eight Swedish Candela P-12 electric hydrofoil passenger ships, with delivery of the vessels beginning in 2025.
The zero-emission fleet will advance waterborne transport with…
Read More...
Read More...
Saudi Arabia’s PIF generated 8.7% shareholders’ return by end of 2023
Saudi Arabia’s Public Investment Fund generated an average annual shareholders’ return of 8.7 percent by the end of 2023, highlighting its significant role in the Kingdom’s ongoing economic diversification.
As the nation advances its…
Read More...
Read More...
Saudi Arabia to sign real estate deals with US during minister’s visit
Multiple US-Saudi real estate agreements are set to be signed during a five-day visit by a leading official from the Kingdom to the North American country.
Minister of Municipalities and Housing Majid bin Abdullah Al-Hogail began his…
Read More...
Read More...
Saudi Arabia eyes FDI inflows from Asia and Europe: assistant minister
Saudi Arabia is keen to attract more foreign direct investment from Asia and Europe as the Kingdom continues its economic diversification journey, a minister has said.
Speaking to CNBC, Saudi Arabia’s Assistant Minister of Investment…
Read More...
Read More...
Cenomi begins merger negotiations with global fashion retailers
Negotiations are underway between Cenomi Retail and a top fashion retailer for a significant transaction that could involve the merger of several commercial agencies.
This move by the prominent player in Saudi Arabia’s retail landscape…
Read More...
Read More...
Qatar Financial Centre platform sees 230% increase in new firm registrations
A total of 505 new firms were registered on the Qatar Financial Centre platform in the first half of 2024, up 230 percent year on year, new data revealed.
A QFC mid-year progress review disclosed that this rise brings the total number of…
Read More...
Read More...
Riyadh Air partners with FIFA’s Concacaf as official airline
Saudi Arabia’s Riyadh Air has secured a multi-year agreement to become the official airline partner of Concacaf, the FIFA Confederation for North, Central America, and the Caribbean.
The deal aims to enhance the airline’s presence in…
Read More...
Read More...