Business & Money | Tuesday 1 March, 2022 5:25 pm

Saudi Arabia unveils Guinness World Record-breaking Riyadh season stamp

Saudi Arabia has officially unveiled a special Riyadh Season stamp that set a new Guinness World Record. Measuring an incredible 64 square feet 7 square inches, it broke the record for the biggest special stamp in the world on Feb. 14. The public finally got a glimpse of it when Saudi Post...

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Business & Money | Tuesday 1 March, 2022 5:23 pm

Vision 2030 reforms brought myriad opportunities for Saudi women in science’: petroleum engineer

The encouragement of women’s exploration of the sciences is enabling young Saudi female petroleum engineers to pursue their passion and empower future generations. Saudi Arabia is renowned for being the world’s largest oil exporter and the second-largest Organization of Petroleum Exporting ...

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Business & Money | Monday 28 February, 2022 9:15 pm

‘Founding Day’ marks highest discounts rate in business sector

The sales during the "Founding Day" season proved to be the biggest one that the business sector has witnessed in Saudi Arabia, the official spokesman of Ministry of Commerce Abdulrahman Al-Hussein said on Saturday. Al-Hussein explained that the 14-days sale included more than 3 million...

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Business & Money | Sunday 27 February, 2022 2:50 pm

MBSC Signs a Strategic Agreement with stc Academy

In line with its efforts to nurture a new generation of transformative leaders with unique entrepreneurial competencies, Prince Mohammed Bin Salman College (MBSC) of Business and Entrepreneurship has announced the signing of a strategic agreement with stc Academy, which aims to offer the...

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Business & Money | Sunday 27 February, 2022 2:42 pm

PIF Opens Three New Subsidiary Companies Offices in London, New York and Hong Kong as Fund Continues Expansion Globally

The Public Investment Fund (“PIF” or the “Fund”) today announced it has opened three new subsidiary companies offices in London, New York and Hong Kong. The moves are in line with PIF’s continued expansion and will assist in the Fund’s future international growth. PIF is an active...

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Business & Money | Friday 25 February, 2022 11:53 pm

For first time in Saudi Arabia, 400,000 men and women enter labor market in a year

400,000 men and women entered the labor market within one year in 2021, a record number reached for the first time in Saudi Arabia, Minister of Human Resources and Social Development (MHRSD) Eng. Ahmad Sulaiman Al-Rajhi announced.Eng. Al-Rajhi confirmed during the Future of Real Estate Forum in...

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Business & Money | Thursday 24 February, 2022 12:46 pm

Etisalat recognises outstanding SMBs and start-ups in the UAE

2ndedition of SMB awards receives over 500 registrations across ten categories Etisalat announced the winners of the second ‘SMB Awards 2021’ in a grand gala event to recognise and celebrate the outstanding achievements of Small and Medium businesses (SMBs) in the UAE. The prestigious ...

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Business & Money | Thursday 24 February, 2022 12:31 pm

ENBD REIT announces Q3 NAV of USD 168 million (USD 0.67 per share)

 Property portfolio value stabilising at USD 357 million Portfolio occupancy maintained at 77%Interim dividend paid on 28 December 2021 ENBD REIT(CEIC) PLC (“ENBD REIT”), the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management...

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Business & Money | Thursday 24 February, 2022 12:16 pm

Alhokair to bring Flying Tiger and Alo Yoga to Saudi Arabia

DUBAI: Saudi retail giant Alhokair is bringing Flying Tiger and Alo Yoga to the Kingdom.The arrival of American leisure brand Alo Yoga and Danish variety retailer Flying Tiger Copenhagen comes as Fawaz Abdulaziz Alhokair Co. looks to expand its offering after a tough year for the retail sector. It...

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Business & Money | Thursday 24 February, 2022 12:13 pm

Saudi Arabia’s real estate offers more profit than stock market investments: CMA chairman

Real estate investment trusts will offer more profit than stock market investments, said Mohammed bin Abdullah Elkuwaiz, chairman of Saudi Arabia’s Capital Market Authority.  Addressing the Real Estate Future Forum on Feb. 23 in Riyadh, the CMA chairman revealed that REITs offer returns ...

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