Business & Money | Monday 26 February, 2024 12:08 pm

Middle East Airports expanding in a Fast-forward Mode to Handle Zooming Passenger Numbers

With the civil aviation industry almost fully recovered after the steepest fall in passenger numbers due to the 21st century’s second pandemic, airports across the world are bracing themselves to handle a big boom in air travel until 2030 by going in for expansions and...

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Business & Money | Monday 26 February, 2024 11:03 am

Al Akaria signs deal to develop Sidrat AlUla project

Saudi Real Estate Co. (Al Akaria) signed on Feb. 25, a 5-year contract with the Royal Commission for AlUla and AlUla Development Co., to develop the Sidrat AlUla project in AlUla Governorate, the company said in a statement to Tadawul.   The 260,230-square-meter (sqm) project...

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Business & Money | Monday 26 February, 2024 10:57 am

Almarai sponsors the “Environmental Compliance Forum 2024” in Riyadh

Almarai sponsored the "Environmental Compliance Forum 2024" held under the patronage of Engineer Abdulrahman bin Abdulmohsen Alfadley, Minister of Environment, Water, and Agriculture, with the participation of over 40 international and regional figures from 10 countries. The forum aims to...

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Business & Money | Monday 26 February, 2024 10:54 am

Paris Sorbonne University International Executive MBA Program is now in Istanbul

The enrollment window for the International Executive MBA Program, a collaborative venture between Paris Sorbonne University and BMI Business School Istanbul, is now open. Following the highly successful 2022 and 2023 sessions, their third year is set to begin in October 2024.İstanbul —...

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Technology & IT | Monday 26 February, 2024 9:58 am

HONOR Debuts a New AI-empowered All-scenario Strategy at MWC 2024

Global technology brand HONOR today revealed its new all-scenario strategy by introducing AI-empowered cross-OS collaboration and human-centric intent-based AI and a suite of smart devices with global partners. During its keynote, HONOR not only announced the global launch of the HONOR Magic6 Pro,...

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Tourism & Hospitality | Monday 26 February, 2024 9:40 am

Luna Del Ramadan: Embrace The Spirit of Ramadan at Il Baretto, Riyadh

Italian and Saudi hospitality, sumptuous and authentic cuisine and an elegant setting – Ramadan at Il Baretto Riyadh is inviting guests to celebrate in style Il Baretto Riyadh is inviting guests to savour the spirit of Ramadan with a glamorous Italian twist, delivering a timeless experience...

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Business & Money | Monday 26 February, 2024 8:38 am

WTO Chief Economist hails UAE's commitment to trade liberalisation

Ralph Ossa, Chief Economist at the World Trade Organisation (WTO), has praised the UAE's commitment to trade liberalisation, including development of green and digital trade globally, citing the country's focus on low tariffs, export diversification, and active participation in the multilateral...

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Business & Money | Monday 26 February, 2024 8:29 am

The 2nd edition of Taste New Zealand Week at LuLu Hypermarkets, Saudi Arabia

LuLu Group, the region’s leading retailer, launched Taste New Zealand week, the ‘Made with Care’ government campaign, with an inaugural celebration at LuLu, Diplomatic Quarter, Riyadh on Sunday, the 25th of February. The event, organized in collaboration with New Zealand Trade and...

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Business & Money | Monday 26 February, 2024 8:21 am

PIF plans to issue 7-year USD-denominated sukuk: Report

The Public Investment Fund (PIF) intends to offer a seven-year dollar-denominated sukuk, Reuters reported, citing a document.   The sovereign wealth fund assigned Goldman Sachs, HSBC and Standard Chartered to arrange investor...

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Business & Money | Monday 26 February, 2024 8:14 am

Al-Rumayyan says over 70% of PIF's assets are in Saudi Arabia

Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF), stated that the fund's assets in Saudi Arabia exceeded 70% of its total assets, while assets abroad accounted for less than 25%.   The PIF aims to bring the value of its assets outside Saudi Arabia to 20–25% of total...

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