Government | Wednesday 7 April, 2021 2:31 pm

Saudi Arabia is now home to E-Invoicing and paperless transactions

Written by: Araxi Keoshgerian Digital transformation has been actively discussed topic of each and every organization these days, but this was also true in the late 1990s and again in the mid-2000s. Today, digital transformation has paved a roadmap regionally and internationally due...

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Business & Money | Sunday 11 April, 2021 12:05 am

Saudi Aramco Signs $12.4 Billion Infrastructure Investment Deal with EIG-Led Consortium

Saudi Aramco has signed a deal with a consortium led by EIG Global Energy Partners (EIG), one of the world’s leading energy infrastructure investors, to optimize its assets through a lease-and-lease-back agreement involving its stabilized crude oil pipeline network. Upon closing, Saudi...

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Environment & Energy | Friday 9 April, 2021 6:16 pm

HRH Crown Prince: The Launch of the Sakaka IPP PV and the Signing of PPA’s for Seven New Projects are the Result of Implementing Directives of Custodian of the Two Holy Mosques to Develop the Saudi Economy

His Royal Highness Prince Mohammad bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister, Minister of Defense, Chairman of the Supreme Committee for Energy Mix Affairs for Electricity Production and Enabling Renewable Energy Sector said that the launch of the Sakaka IPP PV and the signing...

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Business & Money | Friday 9 April, 2021 12:00 pm

Public Investment Fund (PIF) reaches major milestone in landmark Solar PV project

The Public Investment Fund (“PIF” or “Fund”) announced today a major milestone in its renewable energy program with the launch of the Sudair Solar PV plant in Sudair Industrial City, with a PIF-backed consortium signing a power purchase agreement with the Saudi Power Procurement Company for ...

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Business & Money | Thursday 8 April, 2021 9:29 am

More than 850 companies apply for ‘Made in Saudi’ program

More than 850 companies have applied to join the ‘“Made in Saudi” program, the Saudi Press Agency reported.   Faisal Al-Bedah, the secretary-general of the Saudi Export Development Authority, on Wednesday addressed aspects of the program during a virtual meeting organized by the...

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Business & Money | Thursday 8 April, 2021 9:15 am

SIRC, SABIC Join Hands to Realize Saudi Vision 2030 Objective of Circular Economy

Saudi Investment Recycling Company (SIRC), a wholly owned subsidiary of Saudi Public Investment Fund (PIF), signed a Memorandum of Understanding (MoU) with SABIC, a global leader in diversified chemicals, to help SIRC set up its first chemical recycling project to enable the use of recycled plastic ...

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Tourism & Hospitality | Wednesday 7 April, 2021 9:44 pm

HRH Crown Prince Launches ‘The Journey Through Time’ Masterplan for AlUla

His Royal Highness the Crown Prince Mohammed bin Salman, Chairman of the Royal Commission for AlUla, today launched "The Journey Through Time", a visionary masterplan that sets to responsibly and sustainably develop the core historical area of AlUla, a unique cultural landscape located in...

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Government | Wednesday 7 April, 2021 9:02 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 on Tuesday the Cabinet's virtual session. At the outset of the session, the Custodian of Two Holy Mosques briefed the Cabinet on the overall consultations and talks being held over the...

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Business & Money | Wednesday 7 April, 2021 3:55 am

National Agricultural Development Company (Nadec) Signs MOU with “Ensan” Charity Organization Reinforcing Commitment to the Kingdom's Vision 2030 and the Saudi Society

As part of its corporate social responsibility strategy, the National Agricultural Development Company (Nadec) announced its Memorandum of Understanding (MOU) with “Ensan” the Charity Committee for Orphans Care in the city of Riyadh, to support orphans and provide them with a decent living.This ...

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Business & Money | Wednesday 7 April, 2021 1:42 am

Long-standing partners, Mastercard and Uber extend their partnership to boost payment digitization and advance financial inclusion across the Middle East and Africa

Uber’s long-term partnership with Mastercard continues to grow with a new strategic initiative focusing on digital payments and advancing financial inclusions which will be facilitated by Mastercard across the Middle East and Africa (MEA). As a regional first, the partnership with Mastercard ...

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