The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project, announced that it has closed a SAR 14.120 billion (USD 3.76 billion) term loan facility and revolving credit facility with four Saudi banks.CEO of TRSDC John Pagano said, "Green...
Reem Alharbi has been the head of LinkedIn’s operations in Saudi Arabia since July 2020. She has been associated with LinkedIn since 2016. Alharbi joined the company as KSA public sector strategy lead and worked in different key positions until taking over as the head of operations last...
Financial technology (FinTech) companies can now join the National Payment System ‘mada’, Saudi Payments announced, adding that it has completed the technical authorizations for STC Pay and Geidea to join ‘mada’ network as the first two non-banking entities. Accordingly, STC Pay can issue...
LED screen advertising offers excellent benefits for businesses nowadays. Smart business owners are using high-definition LED displays to create a lasting impression on potential customers. In this era of digital marketing, LED screens have become an integral part of modern advertising. You...
The LEGO Group today announced the opening of its LEGO® Certified Store at Granada Mall in Riyadh. Officially opening its doors to the public on 18 April 2021, the store welcomed new and existing fans across Riyadh and the wider Kingdom. Children and adults alike were met with a full range of LEGO ...
Fawaz Abdulaziz Alhokair Co. (“Alhokair”), the leading franchise retailer in Saudi Arabia, has signed a franchise agreement with leading European electronic and cultural retailer, Fnac Darty, supporting its commitment to providing a diversified retail shopping experience to Saudi customers.Set...
The Mohammed bin Salman Foundation (MiSK), represented by the Misk Global Forum, has opened registration for the Saudi version of the Entrepreneurship World Cup (EWC) Competition, in its third edition in 2021, to support the youth in launching innovative and successful business...
Today, Popeyes® and Gulf First Fast Food Company (“Gulf First”) are excited to announce a plan to develop and grow the Popeyes brand in the Kingdom of Saudi Arabia. Gulf First entered into an exclusive Master Franchise and Development Agreement for the territory.With over 3,400 locations in...
Acer’s ultra-slim line-up of notebooks gets an upgrage with the launch of Swift 5 and Swift 3 in the Middle East Acer Middle East has announced the launch of the latest Swift 5 and Swift 3 notebook models packed with Intel® Tigerlake 11th Gen processors and Iris® Xe...
The Saudi private sector is hiring women at twice the rate of the public sector, a new study reveals. Between the beginning of 2019 and the end of 2020, Saudi women in the labor market grew by 64 percent, as the Kingdom underwent several social reforms, particularly for its female...