Business & Money | Sunday 21 March, 2021 3:25 am

SAUDI ARABIAN AIRLINES CORPORATION SIGNS SAR 11.2 BILLION FINANCING DEAL FOR FLEET EXPANSION

Under the patronage of H.E. Minister of Transport, Chairman of the Saudi Arabian Airlines Corporation, Engr. Saleh bin Nasser Al Jasser, Saudi Arabian Airlines Corporation has signed a major financing agreement worth SAR 11.2 billion (USD 3 billion), the largest of its kind in Saudi Arabia’s...

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Business & Money | Friday 19 March, 2021 2:27 pm

LIXIL EMENA celebrates launch of digital experience platform ‘GROHE X’ for its GROHE brand

 ‘Discover what’s next’: With this guiding theme, LIXIL EMENA yesterday successfully launched its digital experience hub GROHE X for its GROHE brand. The comprehensive brand platform offers informative and inspirational multimedia content to GROHE’s professional business partners and...

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Tourism & Hospitality | Thursday 18 March, 2021 7:16 am

AlUla’s natural wonders provide setting for wellness activities

The natural wonders of AlUla are providing the backdrop for a range of rejuvenating and spiritual outdoor activities and experiences.Located in the northwest of Saudi Arabia, the heritage site has been picked as the perfect spot to stage a series of wellness events throughout March.The...

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Business & Money | Thursday 18 March, 2021 2:03 am

Acronis acquires Synapsys, providing the African IT channel with direct access to enhanced cyber protection solutions

Acronis, a global leader in cyber protection, announced today the acquisition of Synapsys, its long-time partner located in Cape Town, South Africa that specializes in distributing Acronis Cyber Protection Solutions through the service provider channel. Marking the latest move in the company’s...

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Government | Wednesday 17 March, 2021 9:07 am

Custodian of the Two Holy Mosques Chairs Cabinet's Virtual Session

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, the Prime Minister, chaired today the Cabinet's virtual session. At the outset of the session, the Custodian of the Two Holy Mosques briefed the Cabinet on the contents of the message he has sent to Sheikh Nawaf Al-Ahmed...

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Business & Money | Wednesday 17 March, 2021 7:24 am

HRSD launches new online employment contract service through its Qiwa platform

The Ministry of Human Resources and Social Development (HRSD) has announced that employment contracts for expatriate workers in the private sector can now be accessed and updated through its Qiwa platform. Business owners are being encouraged to take advantage of service which will streamline the...

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Business & Money | Wednesday 17 March, 2021 1:08 am

Dar Al Arkan moves actively to spread Saudi Arabian brands overseas and start works on Sidra, the first of its kind vacation and 2nd homes project in Bosnia.

Dar Al Arkan, the leading real estate development company in Saudi Arabia, has released its SR500,000,000 new luxury vacation and housing development in Bosnia for sale.  The project offers the opportunity to own a second home in a haven of peace and tranquility within the heart of Europe and...

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Business & Money | Tuesday 16 March, 2021 9:56 am

Ferns N Petals is All Set to Launch Operations in Saudi Arabia & Expand Business in the Middle East

Ferns N Petals is a world-renowned online gifting portal. The company was established in India in 1994 and gained a lot of fame for its exceptional services. Ferns N Petals is a one-stop platform for all your gifting needs. From fresh flower arrangements to personalised gifts, the company offers...

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Business & Money | Tuesday 16 March, 2021 9:13 am

KPMG Report: Despite pandemic, Saudi banks have thrived rather than survived; a dynamic outlook for 2021

KPMG’s latest report on the financial sector, Banking Perspectives 2021, records the sector seen moving towards a better year. Backed by government reforms, halt in credit losses (ECL), stable liquidity, stronger CAR, and transformational changes, banks are heralding a stable year, as compared to ...

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Business & Money | Tuesday 16 March, 2021 6:56 am

Bahri Chemicals concludes long-term time charter agreement with UACC for 9 IMO2 MR chemical tankers

Bahri, a global leader in logistics and transportation, today announced that its business unit Bahri Chemicals has concluded a long-term time charter agreement with Dubai-headquartered international shipping company United Arab Chemical Carriers Limited (UACC). As part of the deal, nine UACC IMO2...

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