Environment & Energy | Thursday 9 May, 2024 9:52 am

ENOC Group's sustainable growth strategy drives unprecedented profitability in FY 2023

ENOC Group, the leading integrated global energy player, has reported its highest ever profitability in FY 2023. This exceptional performance underscores the success of the new long-term growth strategy aimed at delivering world-class sustainable and integrated energy solutions further reinforcing...

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Government | Thursday 9 May, 2024 9:35 am

"Trakhees" organizes an extensive inspection campaign for consumer product safety at Dragon Mart

The Department of Planning and Development - Trakhees at the Ports, Customs and Free Zone Corporation implemented an extensive and wide-ranging inspection campaign to ensure the safety of products in shops at Dragon Mart in Dubai, which continued for 3 days with a completion rate of 100%. The...

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Technology & IT | Thursday 9 May, 2024 9:18 am

Cisco Appoints David Meads to Lead Middle East, Africa, Romania, and CIS

Cisco today announced that it has appointed David Meads as Vice President for the Middle East, Africa, Romania, and Commonwealth of Independent States (CIS). He succeeds Reem Asaad who drove Cisco’s business in the region for more than four years.  In this role, Meads will be...

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Business & Money | Thursday 9 May, 2024 8:33 am

Sumou Real Estate gets regulatory nod on capital increase

Sumou Real Estate Co. received, on May 7, the Capital Market Authority’s (CMA) approval on the request to increase capital from SAR 375 million, to SAR 500 million via a bonus issue at 1-for-3, according to a statement to Tadawul.    ...

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Business & Money | Thursday 9 May, 2024 1:39 am

NWC starts implementation of 46 water and sanitation projects in Riyadh at SR +1.6 billion

The National Water Company (NWC), represented by the Central Cluster, announced that it has started the implementation of 46 water and sanitation projects in the Riyadh region, with lines and networks of more than 2,900 km, at a total cost of more than one billion and 600 million Saudi Riyals (SR). ...

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Tourism & Hospitality | Thursday 9 May, 2024 12:57 am

Saudia and Season Tours sign an MoU for Saudi Arabia's Tourism Enhancement

Saudia and Season Tours have signed a Memorandum of Understanding at the Arabian Travel Market (ATM 2024) in Dubai, establishing their commitment to fostering Saudi Arabia as a global tourism hub. This partnership combines Saudia's extensive air services with Season Tours’ travel experiences,...

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Business & Money | Thursday 9 May, 2024 12:52 am

Saudia Holidays and AlUla Announce Strategic Partnership to Elevate AlUla as a Premier Year-Round Destination

Saudia Holidays in collaboration with AlUla, the ancient oasis city in the northwest of Saudi Arabia, has announced a strategic partnership through a Memorandum of Understanding (MoU) signed at the Arabian Travel Market 2024. This collaboration is set to enhance the travel experience to AlUla,...

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Tourism & Hospitality | Thursday 9 May, 2024 12:34 am

Amsa Hospitality and Radisson Hotel Group extend partnership with the signing of Radisson Hotel Madinah set to open this year

Amsa Hospitality and Radisson Hotel Group are proud to announce the signing of Radisson Hotel Madinah, marking Amsa Hospitality’s and Radisson Hotel Group’s first property in the Holy City of Madinah. Set to be operational by the end of 2024, this newly built hotel demonstrates both...

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Business & Money | Thursday 9 May, 2024 12:17 am

Saudi Aramco expects SAR 466.1B cash dividends in 2024

Saudi Arabian Oil Co. (Saudi Aramco) expects to pay SAR 466.1 billion, or $124.3 billion, in dividends in 2024, including a base dividend of SAR 304.4 billion and a performance-linked dividend of 161.7 billion. “Our first-quarter performance reflects the...

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Tourism & Hospitality | Thursday 9 May, 2024 12:13 am

HMH Achieves Impressive Expansion in KSA, Adding Over 1,000 Rooms

The Hospitality Management Holding (HMH), pioneer in the hotel management in the Middle East and North Africa, has taken the centre stage in the mega event of Arabian Travel Market (ATM) 2024 ongoing at the Dubai International and Convention Centre. The four-day show, kicked off on May 6 with over...

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