Environment & Energy | Monday 5 June, 2023 11:23 am

Standard Chartered and Larsen & Toubro issue first-ever green guarantee in the Kingdom of Saudi Arabia

Standard Chartered has issued the Kingdom's first-ever green guarantee for Larsen and Toubro (L&T), a global leader in engineering, procurement, and construction (EPC) projects. The green guarantee is issued for the green hydrogen project development at NEOM where L&T Saudi Arabia will work ...

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Government | Monday 5 June, 2023 10:03 am

SPGA clarifies controls for real estate allocation, transfer between govt agencies

The State Properties General Authority (SPGA) stated that the controls for the allocation, recovery, and transfer of real estate between government agencies aim to regulate this issue, without prejudice to the relevant regulations, orders, decisions, and agreements. In a press release, SPGA...

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Business & Money | Monday 5 June, 2023 9:57 am

Elm in initial talks to acquire PIF stake in Thiqah

Elm Co. is in preliminary talks with Thiqah Business Services Co. to buy Public Investment Fund’s (PIF) entire ownership in Thiqah, the Tadawul-listed firm said in a statement. These talks do not imply that the acquisition deal will be concluded, it added. An agreement between both...

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Sports | Monday 5 June, 2023 8:43 am

Next World Forum returns for its second edition

The biggest names in the world of international gaming and esports will gather in Riyadh for the second edition of the Next World Forum, a major global industry gathering created to shape the future of the rapidly evolving sector through knowledge exchange, discourse and debate. This year’s...

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Environment & Energy | Monday 5 June, 2023 8:22 am

Ministry of Energy: Saudi Arabia will implement an additional voluntary cut in its production of crude oil

Ministry of Energy: Saudi Arabia will implement an additional voluntary cut in its production of crude oil, amounting to one million barrels per day, starting in July for a month that can be extended An official source in the Ministry of Energy in the Kingdom of Saudi Arabia announced that, in ...

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Government | Sunday 4 June, 2023 11:21 am

King Abdullah Port Celebrates Highest Record Handling of 20,153 TEU on Single Vessel in Saudi Ports

In an outstanding achievement on its journey to becoming a leading global logistics and transportation hub, King Abdullah Port, the most efficient port by the World Bank 2022 report, has recorded the highest handling volume on a single vessel call in Saudi Ports. The Port handled 20,152 TEUs within ...

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Tourism & Hospitality | Sunday 4 June, 2023 10:18 am

RIYADH AIR JOINS THE GLOBAL AVIATION ECOSYSTEM WITH UNIQUE AIRLINE CODE “RX”

Riyadh Air, the new world-class airline from Saudi Arabia, announced today it has obtained “RX” as an Airline Designator Code from the International Air Transport Association (IATA), joining the world’s airline community.  This announcement was made during the airline’s first...

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Tourism & Hospitality | Sunday 4 June, 2023 8:54 am

SAUDIA Welcomes Fans to Stand at the Jakarta Race of ABB FIA Formula E World Championship as Official Airline Partner

Saudi Arabian Airlines (SAUDIA) has announced its participation in the Jakarta race of the ABB FIA Formula E World Championship Season 9, taking place on 3 and 4 June in the Indonesian capital city. SAUDIA will host race fans from around the world at its stand located at the Allianz E Village,...

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Business & Money | Saturday 3 June, 2023 3:52 am

Hevolution Foundation to Host Panel on Healthspan Investing at 2023 BIO International Convention

-(BUSINESS WIRE)-- Hevolution Foundation, a global non-profit organization that provides grants and early-stage investments to incentivize research and entrepreneurship in healthspan science, announces its participation at the upcoming BIO International Convention, taking place at the...

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Tourism & Hospitality | Saturday 3 June, 2023 3:39 am

SAUDIA Launches Its First Flight To Gatwick Airport In London

Saudi Arabian Airlines (SAUDIA) proudly launched its inaugural flight from King Abdulaziz International Airport in Jeddah to Gatwick International Airport in London. Gatwick Airport holds the second position among the United Kingdom's airports. This launch is part of the implementation stages of...

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