Business & Money | Tuesday 22 June, 2021 1:16 am

Visa and Saudi Payments rollout Tap to Phone in the Kingdom to support local small businesses

 In another achievement confirming Saudi Arabia’s steady progress towards digital transformation and as part of its efforts to support small businesses across the Kingdom, Saudi Payments, owned by the Saudi Central Bank (SAMA) has partnered with the world's leader in digital payments, Visa,...

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Business & Money | Monday 21 June, 2021 1:32 am

Mohammed bin Dayel appointed CEO of Saudi Cultural Development Fund

 Mohammed bin Abdulrahman bin Dayel has been appointed as the CEO of Saudi Arabia’s Cultural Development Fund. The fund specializes in supporting projects of private-sector enterprises, NGOs and associations working in the cultural sectors and their supporting fields. The decision...

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Business & Money | Monday 21 June, 2021 1:07 am

Sipchem CEO Elected to the GPCA Board of Directors

Eng. Abdullah S. Al-Saadoon, the CEO of Sahara International Petrochemical Company (Sipchem), has been elected to serve on the Board of Directors of the Gulf Petrochemicals & Chemicals Association (GPCA). The prestigious appointment was announced during the GPCA 2021 annual general assembly...

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Business & Money | Sunday 20 June, 2021 1:42 am

Aramco closes $12.4 billion infrastructure deal with global investor consortium

Aramco and an international investor consortium, including EIG and Mubadala, announced the successful closing of the share sale and purchase agreement, in which the consortium has acquired a 49% stake in Aramco Oil Pipelines Company, a subsidiary of Aramco, for $12.4 billion. The consortium...

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Business & Money | Sunday 20 June, 2021 1:32 am

Amazon.sa Reveals Prime Day Deals: Two Days, Thousands of Deals, Starting June 21

 Amazon.sa is ready to release thousands of deals for Prime members in Saudi Arabia. Taking place for the very first time on Amazon.sa, the savings extravaganza will start at midnight on Monday June 21 for 48 hours of epic deals, running through Tuesday June 22. Prime Day will feature...

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Business & Money | Thursday 17 June, 2021 7:44 am

SAOC, NEOM sign MoU to develop competitive sports ecosystem

The Saudi Arabian Olympic Committee (SAOC) has Wednesday announced the signing of a five-year Memorandum of Understanding (MoU) with the NEOM to collaborate on developing and enhancing a globally competitive sports ecosystem within Saudi Arabia. Signed by Minister of Sports Prince Abdulaziz...

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Business & Money | Thursday 17 June, 2021 7:41 am

Saudi Arabia to host 23rd conference of Arab Culture Ministers in 2022

Saudi Arabia will host the 23rd Conference of Arab Culture Ministers in 2022 upon agreement with the Arab League Educational, Cultural, and Scientific Organization (ALECSO). The event will be organized by the Saudi Minister of Culture and Chairman of the National Commission for Education,...

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Business & Money | Thursday 17 June, 2021 7:26 am

SADAFCO Announces Strong Sales and Solid Net Profit Performance for Financial Year 2020-21

Saudia Dairy and Foodstuff Company (SADAFCO) announced year-on-year growth in revenue and operating profit for the financial year (FY) 2020-21. Annual revenue reached SAR2.1 Billion, a year-on-year, (YoY)increase of 2.4%, while operating profit grew 3.3%, reaching SAR 285 Million. Net profit...

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Business & Money | Thursday 17 June, 2021 1:03 am

Fintech Saudi Launches a National Youth Art Competition and Invites All Youth to Participate

Fintech Saudi, an initiative launched by the Saudi Central Bank and the Capital Markets Authority to support the growth of the financial services technology (“fintech”) industry in Saudi Arabia, is pleased to announce the launch of  the Fintech Saudi Youth Art Competition. The Fintech ...

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Business & Money | Wednesday 16 June, 2021 8:31 am

“The Journey” Saudi Anime Movie Showing This Week in Nine Arab Countries

Manga Productions a subsidiary under MISK foundation, premiered “The Journey”, the first ever Saudi Japanese anime at VOX cinema today in VOX Cinemas Riyadh Front. The highly anticipated animation movie provides viewers with exceptional cinematic experience in 4DX technology and will be...

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