Business & Money | Sunday 14 July, 2024 10:46 am

ADES Holding secures SAR 11.3B upsized syndicated credit facility

ADES Holding Co. successfully amended its existing syndicated facility, securing an additional $3 billion (SAR 11.3 billion), with the majority of existing lenders participating, along with new local and regional financial institutions. In a statement to Tadawul, the company said that the ...

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Business & Money | Sunday 14 July, 2024 10:32 am

Diriyah inks SAR 7.8B contract to develop new area

Diriyah Co. signed today a contract worth more than SAR 7.8 billion ($2 billion) with El Saif Engineering Contracting Co., in partnership with China State Construction Engineering Corporation Ltd (CSCEC) to implement a large-scale building and construction project in the...

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Sports | Sunday 14 July, 2024 10:27 am

Free Fire and Mobile Legends: Bang Bang set for grand finals at the Esports World Cup

 The Esports World Cup concludes its second week of elite competition on Sunday with grand finals in Free Fire and Mobile Legends: Bang Bang.  Running until August 25 at Boulevard Riyadh City, the eight-week long Esports World Cup reached the semi-final stage of Mobile Legends: Bang...

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Business & Money | Sunday 14 July, 2024 10:24 am

Dubai Customs’ Consultative Council Reviews Digital Services to Facilitate Business Operations

Dubai Customs held its second Consultative Council meeting in 2024, chaired by H.E. Dr. Abdulla Mohammed Busenad, Director General of Dubai Customs, in the presence of executive directors, department directors, and council members from work groups and trade sectors. The meeting covered various...

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Business & Money | Sunday 14 July, 2024 10:18 am

Emaar's H1 2024 Rally: Celebrating Achievements and Future Prospects

 Emaar Properties held its mid-year internal staff rally, a quarterly gathering where Emaar’s leadership reviews and shares the Company’s operational performance and way forward with the staff. During the rally, Emaar presented significant milestones and achievements across all areas of...

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Government | Saturday 13 July, 2024 2:20 pm

Department of Community Development - Abu Dhabi Coordinates Review of Emirati Family Growth Program Initiatives

 The Department of Community Development (DCD) in Abu Dhabi held a strategic meeting with key stakeholders to evaluate the progress and implementation of the Emirati Family Growth Program. The session underscored collaborative efforts towards fostering family development and...

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Business & Money | Saturday 13 July, 2024 2:15 pm

Saudia Group and Ministry of Investment Sign MoU to Support Investors in the Kingdom

Saudia Group and the Ministry of Investment have signed a Memorandum of Understanding (MoU) to support major investors and executives in global established companies aiming to relocate to the Kingdom.     The MoU, signed by Khaled Tash, Saudia Group’s Chief Marketing...

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Sports | Saturday 13 July, 2024 2:07 pm

HRH Prince Faisal bin Bandar bin Sultan: “The Esports Olympic Games in Saudi Arabia will entirely reimagine the gaming and esports landscape”

HRH Prince Faisal bin Bandar bin Sultan, Chairman of the Saudi Esports Federation (SEF), has opened up the ‘truly historic’ news that the Kingdom of Saudi Arabia will host the inaugural Esports Olympic Games in 2025 – insisting that the event will ‘entirely reimagine’ the gaming and...

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Sports | Saturday 13 July, 2024 1:56 pm

Free Fire, Dota2 Riyadh Masters, and Mobile Legends: Bang Bang stars battle it out at Esports World Cup

The Esports World Cup kickstarted week two of the largest gaming festival in the world on Wednesday, with competitions taking place in Free Fire, the Dota2 Riyadh Masters, and Mobile Legends: Bang Bang.  Running until August 25 at Boulevard Riyadh City, the eight-week long Esports World...

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Tourism & Hospitality | Saturday 13 July, 2024 1:51 pm

Saudi airports’ passenger traffic rises to 62M in H1 2024

The General Authority of Civil Aviation (GACA) said that Saudi Arabia’s airports received 62 million passengers in the first half of 2024, a rise of 17% year-on-year (YoY). In a statement today, July 11, GACA said the number of flights increased by 12% to 446,000, with the volume of air...

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