Business & Money | Tuesday 20 June, 2023 3:58 pm

KPMG: Majority of CEOs remain confident of Saudi Arabia’s growth prospects

KPMG, a leading provider of audit, tax and advisory services in the Kingdom of Saudi Arabia, has unveiled their latest CEO Outlook, titled ‘Gearing up for growth and governance,’ which provides perspectives on the global and local business and economic landscape over the next three...

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Business & Money | Tuesday 20 June, 2023 1:02 pm

Schneider Electric opens first state-of-the-art distribution center in Saudi Arabia

Schneider Electric, a global leader in the digital transformation of energy management and automation, has opened its first state-of-the-art distribution center in Riyadh, Saudi Arabia. It was inaugurated by the company’s Global Chairman, Jean-Pascal Tricoire, and Hazza Aldajani, Head of Energy...

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Business & Money | Tuesday 20 June, 2023 12:43 pm

TDF inks cooperation agreement with Al Othaim Investment

The Tourism Development Fund (TDF) signed a cooperation agreement with Abdullah Al Othaim Investment Co. to develop several tourism projects in Saudi Arabia, with the aim of strengthening the infrastructure in tourist destinations and rendering the kingdom a model for a modern tourist pattern. This ...

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Business & Money | Tuesday 20 June, 2023 12:38 pm

RAKEZ paves the way for UAE-Russia economic cooperation during St. Petersburg visit

Ras Al Khaimah Economic Zone (RAKEZ) representatives recently joined the UAE’s Ministry of Economy delegation which attended the St. Petersburg International Economic Forum (SPIEF) 2023 in Russia. The visit aimed to explore new opportunities for collaboration and strengthen economic ties between...

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Business & Money | Tuesday 20 June, 2023 12:08 pm

Farnek appoints new head of sustainability

Leading UAE-based smart and green facilities management (FM) company Farnek has appointed Muna AlNahdi as its new Head of Consultancy & Sustainability, to direct Farnek’s green strategy and net zero plans. With over 14 years’ experience in the UAE, AlNahdi will lead a multi...

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Business & Money | Tuesday 20 June, 2023 12:00 pm

Construction of third phase of Riviera accelerates

Azizi Developments, a leading private real estate developer in the UAE, is advancing rapidly in the construction of the third phase of Riviera, its French Mediterranean-inspired waterfront community strategically located in the highly sought-after Mohammed Bin Rashid City, amidst Dubai’s...

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Business & Money | Tuesday 20 June, 2023 11:55 am

Saudi Arabia advances to 17th place in World Competitiveness 2023

The Kingdom of Saudi Arabia advanced seven places in the IMD World Competitiveness Ranking 2023, issued by the World Competitiveness Center of the International Institute for Management Development (IMD), to reach 17th place globally from 24th in 2022. The report showed that the Kingdom ranked ...

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Business & Money | Tuesday 20 June, 2023 11:44 am

King Abdullah Port and “Tabadul” Enter Strategic Partnership to Enhance Digital Logistics Excellence

King Abdullah Port the most efficient port globally by the World Bank (2022 Report) and The Saudi Company for Electronic Information Exchange (TABADUL), the leading provider of innovative digital and smart fintech services to the business and logistics sectors, announced the signing of a...

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Business & Money | Tuesday 20 June, 2023 10:39 am

PRCO Group expands its operations in the Kingdom of Saudi Arabia

PRCO Group, the leading independent luxury hospitality, lifestyle and real estate communications agency, today announced the launch of PRCO KSA and the opening of the company's first office in Riyadh. The new Riyadh office consolidates PRCO’s presence in KSA and joins existing...

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Business & Money | Tuesday 20 June, 2023 9:34 am

EDGE and Brazilian Navy Forge Ahead with Joint Development of Long-Range Anti-Ship Missiles

EDGE, one of the world’s leading advanced technology and defence groups, and the Brazilian Navy, have signed a strategic partnership and cooperation agreement for the development of state-of-the-art long-range anti-ship missiles. The agreement was signed in the presence of Her Excellency Reem...

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