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Bilateral trade relations between Saudi Arabia and Georgia received a boost with the signing of four agreements focusing on industry, energy, and culture during a business forum in Tbilisi. The deals that were signed during the…
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The International Islamic Trade Finance Corp. has signed a $90 million Murabah agreement with Djibouti to secure energy supply through the import of petroleum products. The International Hydrocarbons Co. of Djibouti, also known as SIHD,…
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The operational efficiency of Saudi Arabia’s upcoming airline Riyadh Air is poised for improvement with the signing of an agreement with Texas-based Sabre Corp. Under this deal, the software and technology provider will help the carrier…
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Saudi Arabia’s Islamic Development Bank is set to provide a financing framework for Azerbaijan through a new agreement. The IsDB and the country’s Ministry of Economy signed a memorandum of understanding to establish a cooperative…
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Red Sea Global has secured a SR2 billion ($522 million) financing deal to advance the development of the Four Seasons Hotel on Shura Island in Saudi Arabia. RSG announced that financial closure with Riyad Bank supports its ongoing joint…
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Saudi Arabia and Jordan have signed an agreement to enhance economic, commercial and investment cooperation in the small and medium enterprise sector. They will work together to increase the exchange of expertise, and organize business…
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Al-Nassr FC and Adidas on Tuesday signed a three-year deal for the German firm to provide sportswear for the club’s teams and staff from the start of the 2024-25 season. Al-Nassr CEO Guido Fienga, said: “As we join forces with Adidas in…
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Saudi Arabia’s electric vehicle infrastructure is poised for improvement following a new agreement signed by the Saudi Automotive and Equipment Services Co. In collaboration with the Electric Vehicle Infrastructure Co., the memorandum of…
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Saudi Arabia’s aerospace sector is set to get a boost as the Kingdom’s Ministry of Investment has signed a deal with Italy-based Leonardo. The memorandum of understanding was signed on the sidelines of the World Defense Show in Riyadh on…
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Pakistan’s maritime industry is set for expansion with AD Ports Group signing a deal to boost bulk and general cargo operations at Karachi Port Trust’s East Wharf. The 25-year concession agreement with Pakistan’s federal government…
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