The Saudi Authority for Industrial Cities and Technology Zones (MODON) has launched an incentive package to encourage companies to list shares on the Saudi Stock Exchange (Tadawul). “A set of incentives and facilities have been announced to encourage companies to list in the Saudi Stock...
Almarai has renewed the cooperation and partnership agreement with the Saudi Veterinary Medical Association for three more years, starting from the 22nd of June 2021 until the 22nd of June 2024. The agreement stated that the company is exclusively sponsoring the award, which is "Almarai Veterinary...
With its expansion efforts and advanced capabilities paying off, Intigral, a leading provider of digital entertainment and sports in MENA, has been awarded the prestigious Global Economics Awards for the “Fastest Growing VOD Platform” in 2021 by the UK-based Global Economics Limited, a...
Amazon.sa just wrapped up its first-ever 48-hour Prime Day event, offering customers in Saudi Arabia incredible savings and delivering the biggest two-day period ever for Amazon’s third-party sellers, nearly all of which are small and medium-sized businesses, growing even more than Amazon’s...
The UAE’s vaping industry must do more to support official government efforts aimed at blocking trade in counterfeit and unregulated e-cigarettes and preventing sales to minors, a leading retailer says. The sale of e-cigarettes, vaping devices and e-liquids has been legal in the UAE since...
The US-Saudi Business Council (USSBC) and the General Authority for Military Industries (GAMI) presented an executive virtual webinar on Wednesday titled “Understanding Saudi Arabia’s Military Industry Growth Strategy.” Moderated by USSBC President and CEO H. Delano Roosevelt, the...
HSBC Saudi Arabia acted as the Arranger and Dealer on the establishment of ACWA Power’s SAR 5 Billion Sukuk Program as well as a Lead Manager, Bookrunner, Sukukholders’ Agent and Payment Administrator on the senior unsecured Sukuk issuance of SAR 2.8 Billion, which settled on 14...
AMAALA received top honors at the Transform Awards 2021, a global initiative that celebrates innovative, creative and successful brand work from across in the Middle East and Africa. During a distinguished ceremony hosted on 25 May at the V Hotel in Al Habtoor City, Dubai, AMAALA and its...
The Company for Cooperative Insurance (Tawuniya) announced the appointment of Dr. Ammr K. Kurdi as Chief Financial Officer (CFO). This step aims to empower the national competencies and hire the best Saudi talents at all administrative levels to achieve the company’s strategic goals and develop...
Red Hat, Inc., the world's leading provider of open source solutions, today announced Leading with Containers, an initiative for Red Hat Business Partners in EMEA to help them tap into the growing container platform market. The initiative supports and accelerates the commitment of select Red Hat...