Business & Money | Sunday 25 April, 2021 1:53 am

Saudi Central Bank Introduces SR200 Banknote, on the Occasion of 5th Anniversary of Launching Kingdom Vision 2030

The Saudi Central Bank announced introducing a new banknote of SR200 denomination, on the occasion of the 5th year of launching the Kingdom Vision 2030, in the reign of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, based on the fourth article of the Saudi Monetary System, ...

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Business & Money | Sunday 25 April, 2021 1:48 am

Saudi Arabia to launch global electronic platform for dates

Saudi Arabia is launching a global electronic platform for dates as a way to introduce international investors to the different types of the fruit being produced in the country.The Kingdom is one of the most important date-producing nations in the world, accounting for 17 percent of global...

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Business & Money | Sunday 25 April, 2021 1:42 am

ADES International Holding plc declares cash offer by Innovative Energy Holding Ltd unconditional

ADES International Holding plc (“ADES International” or the “Company”), a leading oil and gas drilling and production services provider in the Middle East and North Africa, is pleased to announce that the recommended offer by Innovative Energy Holding Ltd (“Innovative Energy”) has now...

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Business & Money | Sunday 25 April, 2021 1:35 am

9 in 10 adults in Middle East willing to take personal action on sustainability issues: new Mastercard study

As Earth Day is observed around the world today, new research on sustainability, commissioned by Mastercard, reveals a marked increase in consumer passion for the environment, as personal attitudes toward the environment evolve as a result of COVID-19. In the Middle East region, 9 in 10...

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Tourism & Hospitality | Thursday 22 April, 2021 4:28 pm

Tourism Development Fund enters SAR1.3 billion agreement to bolster Madinah’s tourism offering

Tourism Development Fund (TDF) signed an agreement with Knowledge Economic City and Riyad Bank yesterday to co-finance the development of the SAR 1.3 billion ‘KEC Hub’, a 68,000 sqm tourism complex within Knowledge Economic City. Located at the heart of Madinah, only around 6km from the...

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Business & Money | Thursday 22 April, 2021 11:33 am

Saudi Cruise partners with MSC Cruises for winter season

Saudi Cruise Co., owned by the Public Investment Fund, signed a joint agreement on Wednesday with MSC Cruises to launch its trips in the Red Sea and the Arabian Gulf during the upcoming winter season.The announcement came during a meeting between Fawaz Farooqui, interim CEO of the Red Sea Cruise...

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Technology & IT | Thursday 22 April, 2021 11:30 am

Apple unveils a new iPad Pro, colorful iMacs, AirTag and more

SAN FRANCISCO — Apple made good on its "Spring loaded" promise by unveiling a slew of new products at its annual Spring product launch event.From a new IPad Pro and redesigned, colorful iMacs to a purple iPhone, the long-awaited AirTag location tracker, and an updated Apple TV and remote, here's...

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Business & Money | Thursday 22 April, 2021 11:21 am

Nadec Announces Winning Joint Tender to Acquire Flour Mill with over SR2 Billion

The National Agricultural Development Company (Nadec) announced the awarding of joint tender offered by Nadec and the “coalition members” to acquire one out of two flour mills that were floated for privatization by the National Center for Privatization and Saudi Grains Organization.The value of ...

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Cars & Autos | Thursday 22 April, 2021 3:11 am

2023 Cadillac LYRIQ Debuts, Heralding an All-Electric Future

Today marked a pioneering moment for Cadillac that illuminates the brand’s future and resets the fundamental notions of luxury motoring. The production debut of the 2023 Cadillac LYRIQ is the culmination of a century of innovation and the beginning of a great new era. With testing of Cadillac’s ...

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Business & Money | Thursday 22 April, 2021 3:08 am

Qimam Fellowship selects class of 2021 for 4th edition of the program

The Qimam Fellowship program is supported by a coalition of 37 leading national and international organizations that aims to identify, develop, and empower the most promising and distinguished university students from Saudi Arabia to achieve their full potential.This year marks the largest...

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