Business & Money | Sunday 11 February, 2024 8:27 am

GCC Commercial Arbitration Centre, Aramco Discuss Collaboration in Contract Development, Expert Qualification

Dr. Kamal Al-Hamad, the Secretary General of the GCC Commercial Arbitration Centre, engaged in discussions with Mr. Wail Al Jaafari, the Executive Vice President of Technical Services at Saudi Aramco, exploring avenues for collaborative initiatives and the exchange of expertise. The focus was on...

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Business & Money | Sunday 11 February, 2024 8:20 am

Saudi Chemical to unveil some projects in coming period: CEO

Saudi Chemical Company Holding (SCCH) will reveal some projects in the coming period once the related feasibility studies are completed, Al-Eqtisadiah newspaper reported, citing CEO Thamer AlMuhid.   SCCH plans localization of 85% of industry inputs, whether explosives for civil or...

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Business & Money | Saturday 10 February, 2024 1:50 am

Bahri Logistics Concludes Participation at WDS 2024 Highlighting World-Class Capabilities and Signing Key Strategic Partnerships

Showcasing its world-class maritime capabilities and expertise before a global audience from over 115 countries, Bahri Logistics concluded its successful participation at the second edition of the World Defense Show (WDS) held in Riyadh, Saudi Arabia from 4-8 February 2024. Bahri Logistics,...

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Business & Money | Saturday 10 February, 2024 1:49 am

Leejam Sports Inaugurates Two New Fitness Clubs at the Headquarters of Saudi Awwal Bank

Leejam Sports Company, the proud owner of the "Fitness Time" brand, has officially opened two fitness clubs at the new headquarters of Saudi Awwal Bank (SAB) in Alyasmin neighborhood of Riyadh. According to a five-year agreement with SAB, Leejam manages and operates two distinct fitness clubs under ...

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Business & Money | Saturday 10 February, 2024 1:45 am

Almarai wins the Corporate Bond Deal of the Year Award

Almarai won the Corporate Bond Deal of the Year Award for its US$750 million international sukuk deal issued in July 2023. Almarai received the award from the Capital Markets & ESG Finance Saudi Arabia Awards, which were held at the Fairmont Hotel on February 6, 2024, in Riyadh. The...

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Business & Money | Saturday 10 February, 2024 1:20 am

The growing importance of procurement and supply chain in today’s economy

As we reflect on another tumultuous year beset by political, economic and social challenges, including ongoing conflicts and an escalating climate emergency, the strategic value of procurement and supply chain in 2024 is self-evident now more than ever. Today, things continue to be just as...

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Business & Money | Saturday 10 February, 2024 1:04 am

GAMI has 70 supply chains investment opportunities worth SAR 240B with US: Governor

The General Authority for Military Industries (GAMI) has identified 70 supply chains investment opportunities with the US, Al Eqtisadiah newspaper reported, citing Governor Ahmed Al-Ohali.   He added that the investment opportunities range from SAR 200 to 240...

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Business & Money | Saturday 10 February, 2024 12:14 am

Linking industrial cities to train network will boost logistics ops: Alkhorayef

Linking the industrial cities in Riyadh and Eastern Province to the train network will contribute to boosting the efficiency of logistics operations in the industrial sector, said Minister of Industry and Mineral Resources Bandar Alkhorayef.   He added that this will also open new...

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Business & Money | Saturday 10 February, 2024 12:02 am

The Chartered Institute Of Procurement And Supply Awards Abu Dhabi Accountability Authority

The Chartered Institute of Procurement and Supply (CIPS) recently awarded the Abu Dhabi Accountability Authority (ADAA) certification in Corporate Ethical Procurement and Supply. All procurement and supply management staff at ADAA completed training in ethical procurement...

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Business & Money | Saturday 10 February, 2024 12:02 am

SAMI set to launch supply chains program for SMEs: CEO

The Saudi Arabian Military Industries (SAMI) aims to launch a national supply chains program for small and medium-sized enterprises (SMEs) and entrepreneurs soon, Al Eqtisadiah newspaper reported, citing CEO Walid Abukhaled.   He added that the success of the company and military...

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