Business & Money | Sunday 24 November, 2024 9:15 am

du announces participation in the inaugural Tanweer Festival as INGIS Plus Sponsor

 du, the leading telecom and digital services provider, today announced its sponsorship as the exclusive connectivity partner for the inaugural Tanweer Festival in Sharjah, a three-day cultural event designed to bridge communities through the universal language of music. The partnership...

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Business & Money | Sunday 24 November, 2024 9:12 am

Budget Saudi celebrated for delivering “Best Customer Experience Services in Transportation and Logistics in Saudi Arabia”

Budget Saudi, the Kingdom’s leading car rental company, has been commended for its commitment to delivering world-class transportation and logistics services. The leading provider of car rental and leasing services in the Kingdom has been recognized at the 2024 World Business Outlook –...

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Business & Money | Friday 22 November, 2024 5:05 pm

Unlock New Opportunities, Reimagine Retail at Retail Show 2025

We are thrilled to announce the launch of Retail Show 2025, an event where retail transformation meets unparalleled opportunity. Set to take place from 13-14 May, 2025, the Saudi Retail Show will unite retailers, policymakers, tech leaders, startups, investors, and stakeholders to unlock untapped...

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Business & Money | Friday 22 November, 2024 3:54 am

GACA issues October classification for air transport service providers, airports

The General Authority of Civil Aviation (GACA) issued an index for the classification of air transport service providers and airports based on the number of complaints filed by travelers to the authority in October. GACA stated that the total number of complaints submitted by passengers...

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Business & Money | Friday 22 November, 2024 3:47 am

Daily desalinated water in Saudi matches global oil output: Official

The amount of water desalinated daily in Saudi Arabia is equivalent to global oil production, said Saudi Water Authority (SWA) President Abdullah Al-Abdulkarim. He noted that desalinated water’s daily production and transportation totals 15 million cubic meters. In a discussion session...

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Business & Money | Friday 22 November, 2024 3:44 am

Sports Ministry invites bidders for King Salman Stadium works

The Ministry of Sports invited experienced contracting companies to submit their bids for the pre-qualification program for the works of the fencing and signage package for King Salman Stadium.   The stadium will be implemented according to the best international systems, as it is...

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Business & Money | Friday 22 November, 2024 3:43 am

SNB completes SAR 6B sukuk issue

Saudi National Bank (SNB) announced completing the issuance of SAR-denominated additional Tier 1 sukuk worth SAR 6 billion.   The sukuk issue will be settled today, Nov. 21, the lender said in a statement to Tadawul.   Sukuk Issue DetailsOffer...

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Business & Money | Friday 22 November, 2024 3:41 am

SAR seeks to bring local content to 60% in 2025: CEO

Bashar AlMalik, CEO of Saudi Railway Co. (SAR), said that the company aims to increase the percentage of  local content to 60% in 2025, and that the spending value will reach SAR 15 billion in 2030.  In a statement to CNBC Arabia, the top executive indicated that the investment...

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Business & Money | Friday 22 November, 2024 3:39 am

Maaden offers SAR 4B investment opportunities for private sector

Saudi Arabian Mining Co. (Maaden) has over 52 investment opportunities worth more than SAR 4 billion for the private sector, said Abdullah Al Osaimi, Senior Vice President, Procurement & Business Support. Opportunities worth SAR 1.3 billion are set to be implemented in the near future, Al...

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Business & Money | Friday 22 November, 2024 3:37 am

Half of units offered in Diriyah under several brands sold: DGDA CEO

Diriyah Gate Development Authority’s (DGDA) CEO Jerry Inzerillo said that the project will be ready to receive 3 million visitors by the Founding Day, February 22, 2025.  In an interview with Al-Ekhbariya TV,  Inzerillo added that the project is being implemented as scheduled and...

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