Lucid Motors Co. plans to announce the second phase of production in Saudi Arabia soon, Al Eqtisadiah reported, citing Firas Kandalaft, Marketing Director, Middle East. In the second phase, Lucid will shift to complete build unit (CBU) production of some models at its facility in...
Saudi Chemical Company Holding (SCCH) will reveal some projects in the coming period once the related feasibility studies are completed, Al-Eqtisadiah newspaper reported, citing CEO Thamer AlMuhid. SCCH plans localization of 85% of industry inputs, whether explosives for civil or...
The activities of the first edition of the “Space Debris” conference will begin in Riyadh, tomorrow, Sunday, under the slogan “Towards Securing the Future of the Global Space Economy,” the first in the region, in the presence of His Excellency the Chairman of the Board of Directors of the...
The Saudi Sports for All Federation (SFA), organizer of the 2024 Riyadh Marathon, taking place on February 10, has signed an agreement with the Saudi Awwal Bank to become the event’s presenting partner. A signing ceremony between the two parties took place at the SFA offices, with Shaima Saleh...
Showcasing its world-class maritime capabilities and expertise before a global audience from over 115 countries, Bahri Logistics concluded its successful participation at the second edition of the World Defense Show (WDS) held in Riyadh, Saudi Arabia from 4-8 February 2024. Bahri Logistics,...
Leejam Sports Company, the proud owner of the "Fitness Time" brand, has officially opened two fitness clubs at the new headquarters of Saudi Awwal Bank (SAB) in Alyasmin neighborhood of Riyadh. According to a five-year agreement with SAB, Leejam manages and operates two distinct fitness clubs under ...
Almarai won the Corporate Bond Deal of the Year Award for its US$750 million international sukuk deal issued in July 2023. Almarai received the award from the Capital Markets & ESG Finance Saudi Arabia Awards, which were held at the Fairmont Hotel on February 6, 2024, in Riyadh. The...
As we reflect on another tumultuous year beset by political, economic and social challenges, including ongoing conflicts and an escalating climate emergency, the strategic value of procurement and supply chain in 2024 is self-evident now more than ever. Today, things continue to be just as...
Kanoo Energy, a division of Kanoo Industrial & Energy, a leading force in engineered solutions for the energy industry, is gearing up for its 3rd consecutive appearance at the International Petroleum Technology Conference (IPTC 2024). Commenting on Kanoo Energy’s commitment towards the...
The General Authority for Military Industries (GAMI) has identified 70 supply chains investment opportunities with the US, Al Eqtisadiah newspaper reported, citing Governor Ahmed Al-Ohali. He added that the investment opportunities range from SAR 200 to 240...