Business & Money | Monday 2 December, 2019 2:50 pm

Institutional Demand Results for the First Fifteen Days of the Initial Public Offering of Saudi Aramco

With reference to the announcement made by Saudi Aramco in relation to the start of the institutional bookbuilding on Sunday, 17 November 2019, Samba Capital, NCB Capital and HSBC Saudi Arabia, the Joint Financial Advisors and Joint Global Coordinators, announce that institutional...

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Business & Money | Monday 2 December, 2019 2:43 pm

Minister of Transport receives French Ambassador

The Minister of Transport Dr. Saleh bin Nasser Al-Jasser received here today the French Ambassador to the Kingdom of Saudi Arabia, François Gouyette. During the meeting, Dr. Al-Jasser briefed the Ambassador on the Kingdom's efforts in the fields of transport and logistics services as...

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Business & Money | Monday 2 December, 2019 12:02 pm

Raza launches leasing for Village Square community shopping centre in Riyadh

Raza, the real estate management arm of Saudi Public Pension Agency (PPA) and a subsidiary of Al Ra’idah Investment Company (RIC), announced today the commencement of leasing for Village Square, a new community plaza serving Digital City in Riyadh.   The retail...

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Business & Money | Monday 2 December, 2019 11:58 am

Nedaa celebrates the 48th National Day to honor the glorious history of UAE

Professional Communication Corporation – Nedaa, the Dubai government security networks provider, recently organized a celebration on the occasion of the 48th National Day of United Arab Emirtaes; at their headquarters in Dubai; in the presence of senior officials and employees of and headed...

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Business & Money | Monday 2 December, 2019 5:49 am

Saudi Fund for Development finances 240 projects in 42 countries

The Saudi Fund for Development (SFD) became a major pillar of the national economy during the past five years by supporting Saudi exports and financing the private sector with SR29.7 billion ($7.92 billion) in funding, says a report issued by the SFD. In accordance with its strategy, SFD...

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Business & Money | Monday 2 December, 2019 12:42 am

KAEC wins Best Integrated Real Estate Development Project prize in the Middle East 2019

King Abdullah Economic City (KAEC) has won the Best Integrated Real Estate Development Project in the Middle East 2019, after having been nominated by Forbes Middle East magazine during KAEC participation in the party held recently in Dubai by the famous Forbes magazine, under title "building...

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Business & Money | Sunday 1 December, 2019 2:00 pm

Aquafina’s Recycling Drive At Formula E Delivers High-performance Victory Lap

Racegoers at the recent ABB FIA Formula E Championship in Diriyah, Saudi Arabia, made a sizable dent in plastic waste. In its post-event statistics dashboard, PepsiCo’s Saudi-based sustainable solutions partner Naqaa, noted that recycled plastic amounting to 2,630 kg was collected from...

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Business & Money | Sunday 1 December, 2019 12:38 pm

Sipchem Hosts its Third Technical Seminar

Sahara International Petrochemical Company (“Sipchem”), a world-class integrated petrochemical leader and a company listed on the Saudi Stock Exchange “Tadawul”, hosted its third Technical Seminar at the Sipchem Technology and Innovation Center (“MANAR”), located ...

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Business & Money | Sunday 1 December, 2019 11:05 am

Expo 2020 Dubai marks UAE National Day with a continent-crossing journey

From the Middle Eastern oud to the beats of the Djembe drum,  the universal language of music provides a stirring soundtrack to Expo 2020 Dubai’s globetrotting celebration for the 48th UAE National Day in a new short film. Stars from across the planet are captured performing ...

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Business & Money | Sunday 1 December, 2019 1:47 am

KAIA boasts of world’s biggest airport aquarium

The new airport in Jeddah now boasts of housing the world’s biggest airport aquarium containing a wide variety of about 2,000 rare fish. This has added to the beauty of the grand and the Kingdom’s busiest airport. The new facility was inaugurated at the beginning of the Hijri year by ...

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