ENOC Group today announced plans to open 25 new service stations across the UAE by the end of 2021. The Group plans to build 12 service stations in Sharjah, 11 in Dubai and two in the Northern Emirates. ENOC will also build one marine service station in Dubai. Three of the 11 stations...
HSBC Saudi Arabia said it had agreed to transfer its asset management, retail brokerage and retail margin lending businesses to Alawwal Invest, a unit of the Saudi British Bank (SABB). The deal allows HSBC Saudi Arabia to focus on its investment banking, institutional brokerage and custody...
Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), has announced the outcome of its Extraordinary General Assembly Meeting held on Monday 28 Ramadan 1442 AH, corresponding to 10 May 2021, in the presence of SAMI’s Board representative and...
HSBC Saudi Arabia is sharpening its focus on the investment banking, institutional brokerage and custody needs of its clients with an agreement to transfer its asset management, retail brokerage and retail margin lending businesses to Alawwal Invest, a wholly owned subsidiary of the Saudi British...
Saudi Arabia plans to launch an international marketing campaign for the “Made in Saudi” program targeting global markets, Asharq Business reported. The ambitious program reflects the efforts of both public and private sector agencies to transform the Kingdom into a pioneering industrial...
A total of 26,311 young Saudi men and women got jobs in 8,682 companies in the private sector during April through the placement services offered by the Human Resources Development Fund (Hadaf). The number of male beneficiaries of the program was 12,141 while 14,170 women found jobs in the...
A total of 70% of consumers in the MENA region believe brands have a responsibility to positively impact the world, with purpose mattering more than ever according to the EY Future Consumer Index.As MENA consumers look to the future beyond the COVID-19 pandemic, data from the index suggests that a...
VOX Cinemas, the dedicated cinema arm of Majid Al Futtaim, has signed an exclusive deal with ODEX, the leading Japanese animation film distributor in South East Asia, to distribute anime movies across the MENA region. Under the new agreement, six titles will be released theatrically across eight...
Saudi Rotorcraft Support Company (SRSC), a subsidiary joint venture of Boeing, has been issued a certificate from the Saudi General Authority of Civil Aviation (GACA) authorizing SRSC to perform maintenance on rotorcraft platforms and their accessories.“The authorization of this new capability in ...
Eng. Ziad Al-Musallam, CEO of the Advanced Electronics Company, a Saudi Arabian Military Industries (SAMI) company, extended his sincere wishes in his name and on behalf of the company's employees, to the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud, His Royal Highness...