09 Dhu al-Hijjah 1445 - 16 June 2024
    
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Eye of Riyadh

‘This is the biggest win of my career’ – Reynor roars to StarCraft II victory at Gamers8: The Land of Heroes
Technology & IT | Monday 7 August, 2023 8:54 am
‘Italian Stallion’ Reynor galloped to StarCraft II victory on Sunday night at Gamers8: The Land of Heroes, the biggest gaming and esports festival worldwide, and declared his comeback triumph in the final as “the biggest win of my career”.    Down 1-0 to South Korean...
IMMERSE YOURSELF IN A WORLD OF UNPARALLELED LUXURY AT FAIRMONT RAMLA SERVICED RESIDENCES RIYADH
Tourism & Hospitality | Monday 7 August, 2023 8:21 am
Fairmont Ramla Serviced Residences Riyadh, Fairmont’s first serviced residences in KSA, is now open to the public. Standing tall with its magnificent 35 floors, the property graces Riyadh's skyline as a symbol of opulent living, offering an unparalleled experiences and lifestyle. Jointly unveiled ...
Package undelivered: Kaspersky warns of scams targeting courier service users in the Middle East
Technology & IT | Monday 7 August, 2023 12:48 am
Kaspersky experts detected a wave of scams related to courier services in the Middle East, Turkiye, and Africa. Fraudsters are employing deceptive tactics to trick unsuspecting users into divulging their financial information by claiming packages were undelivered due to unpaid delivery fees. Emails ...
Saudi Arabia punishes breast milk substitutes marketers
Healthcare | Sunday 6 August, 2023 4:16 pm
Saudi Health Minister Fahd Al-Jalajel authorized on Wednesday, August 2nd, a decision to fine a pharmaceutical company for violating the Breast Milk Substitutes BMS code. Saudi Health explained that a specialized committee approved those penalties with fines reaching $67k. The company's...
NWC Awards SAR1.6 Billion Manfouha Treatment Plants O&M Contract to AlKhorayef Company
Business & Money | Sunday 6 August, 2023 2:00 pm
The National Water Company (NWC) announced that it has awarded a Long-Term Operation and Maintenance (LTOM) contract for the rehabilitation, operation and maintenance of sewage treatment plants (STPs) in Manfouha, Riyadh, to Alkhorayef Water and Power Technologies Company (AWPT). The contract spans ...
PIF Establishes SRJ Sports Investments Company to Elevate Sports Sector in Saudi Arabia and MENA
Business & Money | Sunday 6 August, 2023 12:39 pm
The Public Investment Fund (PIF) today announced the establishment of SRJ Sports Investments, a sports investment company that aims to accelerate the growth of the sports sector in Saudi Arabia and MENA.   SRJ Sports Investments will invest in acquiring and creating new sports events ...
Some project contracts on track to be signed; impact to reflect as of H2 onwards: Retal CEO
Business & Money | Sunday 6 August, 2023 12:15 pm
Retal Urban Development Co. is on track of signing contracts for various projects that will reflect positively on financials for the second half of 2023 onwards, CEO Abdullah Albraikan told Argaam exclusively.   Retal achieved many developments in terms of operational performance, as ...
PIF has SAR 2.23 trln AUMs in 2022
Business & Money | Sunday 6 August, 2023 11:44 am
The Public Investment Fund (PIF) said gross assets under management (AUMs) reached 2.23 trillion, including SAR 5 billion funds redeemed from government entities, the fund said in its annual report for 2022.   International investments accounted for 23%, or SAR 512 billion, of gross...
Achieving 687 Million Riyals in Net Profit   Zain KSA Realizes Record Half-Year Revenue and Net Profit
Business & Money | Sunday 6 August, 2023 11:21 am
Zain KSA achieved its highest half-year profit ever during the first half of 2023, amounting to SAR 687 million, a 221% increase compared to the first half of 2022. The increase in profit is attributed to a growth in revenue during the first half of the year to SAR 4.8 billion, a 10% increase...
Dubai Customs builds workforce capabilities through 1285 training courses in 6 months
Government | Sunday 6 August, 2023 11:09 am
Dubai Customs places utmost importance on training and developing its personnel in various areas of customs work, which has a direct bearing on Dubai’s comprehensive advancement, said Mohammed Al Ghafari, Executive Director of Human Resources Division at Dubai Customs. “The organization...
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