Environment & Energy | Tuesday 6 February, 2024 11:07 am

OQ8 UNVEILED: A MONUMENTAL GULF ALLIANCE FUELS THE REGIONAL ENERGY REVOLUTION

:   7th of February will mark the historic inauguration of OQ8, the largest investment of its kind between two Gulf countries represented by OQ – the global integrated energy group – and Kuwait Petroleum International. The world’s youngest refinery, standing as a testament to innovation, ...

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Business & Money | Tuesday 6 February, 2024 10:47 am

Largest-ever Gulfood 2024 drives transformation, with global food futurists to point where the industry goes next

Dubai World Trade Centre (DWTC) has announced that Gulfood, the largest annual food and beverage sourcing event in the world, will take place from 19-23 February 2024, as the future of the food industry comes into focus. Gulfood continues to be the gold standard event for the global F&B...

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Business & Money | Tuesday 6 February, 2024 10:30 am

Amit Midha Appointed as Global CEO of Alat

The Alat Board of Directors, Chaired by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, and Chairman of the Board of Directors of the Public Investment Fund (PIF), announces Amit Midha as its global CEO. He is a global business leader who has...

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Healthcare | Tuesday 6 February, 2024 10:27 am

Esports World Cup Foundation Launches Program to Support Club Ecosystem, Crown World's First Club Champion

February 5, 2024 – Esports World Cup (EWC) Foundation announced today the EWC Club Program, a first-of-its-kind initiative designed to promote sustainable planning for multidisciplinary esports clubs, unite global fans of different esports titles under collective banners, and elevate the best...

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Business & Money | Tuesday 6 February, 2024 10:16 am

Investment Ministry, GAMI ink 11 new deals with private sectors

The Ministry of Investment and the General Authority for Military Industries (GAMI) signed 11 new partnerships with the private sector. The partnerships are geared towards boosting investments and fostering technology transfer and development within the defense and military industries sectors, ...

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Business & Money | Tuesday 6 February, 2024 10:06 am

PIF's JCDC signs SAR 12B contracts for three major architectural landmarks

Jeddah Central Development Co. (JCDC), a wholly owned subsidiary of the Public Investment Fund (PIF), signed four contracts worth SAR 12 billion for three major architectural landmarks.   The projects include the sports stadium, opera house, oceanic basins, in addition to the...

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Business & Money | Tuesday 6 February, 2024 10:04 am

Steel Pipe signs SAR 138.6M contract with Aramco

Saudi Steel Pipe Co. (SSP) signed today, Feb. 6, a contract to supply oil and gas steel pipes to Saudi Aramco, with an estimated value of SAR 138.6 million.   The contract is valid for 12 months, the pipe manufacturer said in a statement to Tadawul, noting that there are no related...

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Business & Money | Tuesday 6 February, 2024 10:04 am

Saudi Arabia's private sector workers hit 11M in January

The number of workers in the Saudi private sector reached a record number of 11.05 million by end of January 2024, according to the National Labor Observatory.   The total number of nationals working in the private-sector entities amounted to 2.33 million by the end of January, of...

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Healthcare | Tuesday 6 February, 2024 9:59 am

Several global hospital under-construction in Saudi Arabia: Minister

A number of international-standard hospitals are under-construction in Jeddah and Riyadh, with substantial investments—either direct or through partnerships, Fahd Al-Jalajel, Minister of Health, told Al Ekhbariya TV.   Some of these hospitals will be inaugurated over the coming...

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Business & Money | Tuesday 6 February, 2024 8:59 am

PIF launches new local business opportunities at largest Private Sector Forum in Saudi Arabia

The Public Investment Fund (PIF) will hold its second PIF Private Sector Forum – the largest gathering of its kind in the country – along with its accompanying exhibition, on February 6-7, 2024, at the King Abdulaziz International Convention Center in Riyadh. This event aims to foster...

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