A new study reveals that women returning to the workforce following a career break have the potential to contribute nearly US$385bn to the GDP across nine countries in the Middle East and North Africa (MENA) region. This indicates a significant economic potential, provided that organisations can...
Prince Mohammed Bin Salman College of Business and Entrepreneurship (MBSC), the Kingdom’s world-class business school, announced a new partnership with the Saudi Press Agency during the Human Capability Initiative conference that was held on February 28th and 29th, under the patronage His Royal...
Ceer will complete the construction of its electric vehicle (EV) factory within the next two years, with the launch of the designs and accessibility to the automotive market, CEO Mohammed Abuazzah told Al-Arabiya TV. The manufacturing capacity of the factory will align with market requirements ...
Arabian Internet and Communications Services Co. (solutions) signed today, March 10, a framework agreement with Saudi Arabian Oil Co. (Saudi Aramco) to provide the latter with electronic devices. The agreement value may exceed 5% of solutions’ revenues as per the latest audited...
For the third consecutive year, Diriyah Company, a Public Investment Fund entity transforming Diriyah into a global, cultural, historical and lifestyle hub, will be returning to MIPIM, the global real estate exhibition taking place in Cannes, as part of the Saudi Pavilion to showcase its...
Muslim global high net worth individuals (HNWI) are prepared to spend US$ 1.96 billion on real estate in the Holy Cities of Makkah and Madinah, according to global property consultancy Knight Frank’s inaugural Destination Saudi report Knight Frank surveyed 506 Muslim global HNWI...
Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (PJSC), awarded a certificate to Dubai Women Establishment (DWE), a government entity that supports the effective Women participation in leadership and the socio-economic future of Dubai through...
Mohammed bin Rashid Innovation Fund (MBRIF), an initiative launched by the UAE Ministry of Finance to support innovation in the UAE, and Hope Ventures, the investment arm of Hope Fund in the Kingdom of Bahrain, enter a strategic partnership to empower UAE-based entrepreneurs and businesses through...
The ancient city of AlUla, nestled in the northwest of Saudi Arabia, invites visitors to immerse themselves in the sacred tranquillity and contemplation of Ramadan while exploring the depth of the city’s rich heritage and culture, its varied gastronomic experiences, and wholesome community...
Saudi Arabian Oil Co. achieved its second-highest ever net income in 2023, despite a backdrop of economic headwinds, as the company witnessed healthy cash flows and high levels of profitability, President and CEO Amin Nasser said in a statement commenting on the financial results for...