Business & Money | Monday 19 August, 2024 9:38 am

Saudi EXIM credit facilities rise to SAR 16.3B in H1 2024

The Saudi Export-Import Bank (Saudi EXIM) has achieved a jump in credit facilities provided during the first half of 2024, totaling SAR 16.31 billion, up 128% year-on-year. This growth reflects the bank's commitment to supporting Saudi non-oil exports and expanding the Kingdom's global market...

More Details

Business & Money | Monday 19 August, 2024 9:32 am

Red Sea signs SAR 658M contract with Webuild SpA

Red Sea International Co. signed today, Aug. 18, a contract worth SAR 658 million (VAT exclusive) with global heavy construction contractor Webuild SpA to build a staff camp serving the Trojena Dam project at NEOM. In a statement to Tadawul, Red Sea said the contract, valid for 12 months from...

More Details

Business & Money | Monday 19 August, 2024 9:29 am

Cenomi Retail in negotiations with major retailer on potential deal

Fawaz Abdulaziz Alhokair Company (Cenomi Retail) announced it is in negotiations with a leading international fashion retailer as regards a potentially significant merger transaction involving certain fashion brands, according to a statement to Tadawul. Further material developments will be...

More Details

Business & Money | Monday 19 August, 2024 9:26 am

Tibbiyah unit signs SAR 69.4M contract with National Guard Health Affairs

Arabian International Healthcare Holding Co. (Tibbiyah) announced that its 100% owned subsidiary, International Medical Supplies Co. (Premma Health), signed a SAR 69.4 million contract with the Ministry of National Guard Health Affairs, according to a statement to Tadawul.   Under...

More Details

Business & Money | Monday 19 August, 2024 9:22 am

RAKEZ rolls out Workers Protection Insurance Programme in collaboration with RAKINSURANCE to enhance worker welfare in the emirate

Ras Al Khaimah Economic Zone (RAKEZ) announced the launch of Workers Protection Insurance Programme, a key initiative in partnership with RAKINSURANCE. This programme is set to significantly enhance the financial security and welfare of workers within the RAKEZ-registered companies, and aligns with ...

More Details

Business & Money | Monday 19 August, 2024 9:17 am

Saudia Unveils Up to 50% Discounts on International Routes for Business and Guest Class

Saudia, the national flag carrier of Saudi Arabia, has introduced an exceptional promotional offer with discounts of up to 50% on international flights via King Abdulaziz International Airport in Jeddah and King Khalid International Airport in Riyadh. This initiative reflects Saudia's commitment to ...

More Details

Business & Money | Monday 19 August, 2024 9:15 am

Saudia Ranks First Globally in On-Time Performance for the Second Consecutive Time

Saudia, the national flag carrier of Saudi Arabia, continues to top the global list for on-time performance (OTP), achieving this milestone for the second time consecutively, according to a report by the independent aviation tracking site, Cirium, for July2024.  The report indicates that...

More Details

Sports | Monday 19 August, 2024 9:10 am

AlUla Desert Blaze: The Toughest Race in the Region, Just a 3-Hour Flight Away

With less than 7 days remaining until the second edition of AlUla Desert Blaze starting on 24th August 2024, anticipation is mounting for what's known as the toughest race in the region. Set against the stunning, historic backdrop of AlUla, the ancient oasis city in northwest of Saudi Arabia, this...

More Details

Healthcare | Sunday 18 August, 2024 12:00 pm

Emirates Health Services Bolsters Commitment to Enhancing Patient Experience

 Emirates Health Services deepens its commitment to enhancing the patient experience by hosting the second session of The Patient and Family Advisory Council (PFAC) at the Abdullah Bin Ali Al Sharhan Health Center in Ras Al Khaimah. The meeting focused on reviewing and improving primary...

More Details

Sports | Sunday 18 August, 2024 11:14 am

Saudi Arabia’s Team Falcons crowned Esports World Cup Club Champions

Team Falcons of Saudi Arabia became the first-ever Esports World Cup Club Champions on an electrifying Saturday at Boulevard Riyadh City – winning the coveted title and $7 million first prize in one of the most significant moments in Saudi Arabian esports history.  With the Kingdom’s...

More Details