Business & Money | Tuesday 29 August, 2023 4:16 pm

Xylem Appoints New KSA Managing Director to Drive Water Innovation in the Kingdom

Xylem Inc. (NYSE: XYL), a leading global water technology company committed to developing innovative solutions to solve the world’s water challenges, is strengthening its presence in the Kingdom of Saudi Arabia (KSA), with the strategic appointment of Eng. Alaa Nasser Karashi, as the...

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Business & Money | Tuesday 29 August, 2023 12:50 pm

SAMA seeks opinion on systemically important financial institutions draft law

The Saudi Central Bank (SAMA) is seeking public consultation on the draft implementing regulation of the Systemically Important Financial Institutions Law.   The central bank has invited stakeholders and the public to send their suggestions and observations on the draft by visiting...

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Business & Money | Tuesday 29 August, 2023 12:46 pm

KING ABDULLAH PORT WELCOMES BACK THE WORLD'S THE WORLD’S JOINT-LARGEST CARGO SHIP.

King Abdullah Port, recognized as the most efficient port worldwide according to the World Bank’s 2022 Report, recently welcomed MSC Irina, the world’s joint-largest cargo ship with a capacity of 24,346 TEUs. This significant achievement comes after the successful handling of the same container ...

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Business & Money | Tuesday 29 August, 2023 12:42 pm

Checkout.com to bring cutting-edge payment solutions to KSA's digital economy during Seamless Saudi Arabia

Global payments solution provider Checkout.com will be showcasing how the world’s most advanced payment solutions can be used to expand Saudi Arabia’s evolving digital economy during this year’s Seamless Saudi Arabia 2023. The highly anticipated conference is scheduled from...

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Tourism & Hospitality | Tuesday 29 August, 2023 11:33 am

174 elite runners embrace ultimate challenge amidst soaring temperatures at inaugural AlUla Desert Blaze

The sold-out inaugural AlUla Desert Blaze, which took place on Saturday, 26th August, 2023, has been deemed a resounding success with an impressive turnout of 174 runners. Hailing from all around the globe, runners from 39 nations faced the ultimate racing challenge during the hottest month of the...

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Technology & IT | Tuesday 29 August, 2023 10:11 am

HONOR collaborates with AIGC creators to reimagine the future of smartphones and with TIME 100 to discuss the future of Lifestyle

Right before IFA, HONOR worked with a few AIGC creators to showcase their ideas on how future smartphones could be.The attached AICG images are based on the following themes:Focusing on future fashion items - such as a remix of fashion items like chain bags + cell phones, highlighting the state of...

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Environment & Energy | Tuesday 29 August, 2023 9:46 am

ARABAL 2023 Conference to be held in the Kingdom of Saudi Arabia

The 25th edition of the Arab International Aluminium Conference (ARABAL), the Middle East’s premier trade event for the aluminium industry, is coming to Riyadh this November.  The event will be hosted by Ma’aden (Saudi Arabian Mining Company), the largest multi-commodity mining...

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Technology & IT | Tuesday 29 August, 2023 3:13 am

ENEC wins five awards at the ICMG Global Enterprise and Digital Architecture Excellence Awards 2022

The Emirates Nuclear Energy Corporation (ENEC) announced that the enterprise Information and Communications Technology (ICT) Department was awarded the top ranking across five different categories at the ICMG Architecture Awards 2022. The awards were for ENEC’s project on Accelerating Nuclear...

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Business & Money | Tuesday 29 August, 2023 2:32 am

Jabal Omar receives license from Tourism Ministry to operate first tower of Jumeirah hotel

Jabal Omar Development Co. received today, Aug. 28, a license from the Ministry of Tourism to operate the first tower of the five-star Jabal Omar Jumeirah hotel, according to a Tadawul statement. The first tower includes 263 luxurious as well as modern style rooms and suites, in addition to a...

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Business & Money | Tuesday 29 August, 2023 2:27 am

Real Estate Market sees 130,000 sale, purchase transactions in first phase

As many as 250,000 transactions were conducted during the trial launch of the Real Estate Market platform, the Ministry of Justice said.   The sale and purchase transactions amounted to 130,000, while the sorting and merging reached 100,000. The number of mortgages stood at...

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