Business & Money | Friday 27 September, 2024 5:04 am

HRSD Ministry launches Labor Market Skills Survey initiative

The Ministry of Human Resources and Social Development (HRSD) launched the Labor Market Skills Survey initiative for 2024, in cooperation with the World Bank Group and research firm Nielsen IQ.   The initiative seeks to align labor market skills with private sector demands, identify...

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Business & Money | Thursday 26 September, 2024 10:48 am

Mobily Showcases Investments in Submarine Cables and Terrestrial Networks at Submarine Networks World 2024 in Singapore

Mobily announced its participation in the Submarine Networks World 2024, taking place from 25-26 September in Singapore. With over 130 speakers addressing key issues for the global Telecommunications and Submarine industry , Mobily will highlight its strategic investments in submarine cables,...

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Business & Money | Thursday 26 September, 2024 10:42 am

Creative Transformation Driving Saudi Arabia’s Gaming, Entertainment, and Sports Industries

Athar - Saudi Festival of Creativity, the Kingdom's largest gathering of the creative marketing industry, has unveiled a power-packed and exciting roster of renowned creative marketing specialists and disruptors as part of its efforts to unveil the transformative power of creativity within gaming,...

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Business & Money | Thursday 26 September, 2024 10:30 am

DCO Secretary-General commends Global Digital Compact at Summit of the Future

Deemah AlYahya, Secretary-General of the Digital Cooperation Organization (DCO), said that “the digital divide the world faces today is multifaceted, encompassing gaps in digital intelligence, computing capabilities, gender, and skills,” in a speech at the Summit of the Future held during...

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Business & Money | Wednesday 25 September, 2024 10:48 am

Emirates NBD and Landmark Retail sign first private sector ESG-linked working Capital facility agreement in Saudi

Emirates NBD, the leading banking group in the MENAT (Middle East, North Africa and Turkey) region, has announced the signing of an ESG-linked working Capital facility with Landmark Retail: the leading value conglomerate in the retail sector in the Middle East. This marks the first time a private...

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Business & Money | Wednesday 25 September, 2024 10:42 am

Riyadh Season Card Wembley Edition: A Saudi Mark in the World of Records

Riyadh Season has set a new record in the UK, with 98,128 attendees at the historic Riyadh Season Card Wembley Edition boxing event. The event, which began with the Saudi national anthem, was attended by His Excellency the chairman of the General Entertainment Authority’s board of directors Mr....

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Business & Money | Wednesday 25 September, 2024 10:27 am

DAR GLOBAL AND MOUAWAD HIGH JEWELLERY HOUSE UNVEIL SAR 880 MILLION LANDMARK RESIDENTIAL PROJECT

Dar Global, the London-Stock Exchange listed international real estate company, has entered into a landmark partnership with Mouawad, the luxury jeweler, to launch a unique SAR 880 million (GBP 180 million) residential project close to World Expo 2030 in the North of Riyadh. The high-profile...

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Business & Money | Wednesday 25 September, 2024 10:00 am

Saudi Arabia draws $144B in foreign investments, says Alkhorayef

Saudi Arabia attracted $144 billion in foreign investments as part of Vision 2030, aiming to drive further growth by expanding industrial exports to reach $150 billion by 2030, said Minister of Industry and Mineral Resources Bandar Alkhorayef. In a press release picked up by Argaam, Alkhorayef ...

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Business & Money | Wednesday 25 September, 2024 9:56 am

Aramco to raise up to $3B from Sukuk, sets price guidance: Report

Saudi Arabian Oil Co. (Saudi Aramco) plans to raise up to $ 3 billion in five- and 10-year US dollar-denominated Sukuk, Reuters news agency reported citing some sources. The five-year Sukuk has price guidance of US Treasuries plus around 120 basis points, while the 10-year issue has US...

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Business & Money | Wednesday 25 September, 2024 9:50 am

Riyadh Municipality signs 5 contracts worth SAR 6B to improve road quality

Riyadh Municipality signed five contracts worth SAR 6 billion aimed at improving road quality in the Saudi capital, with the scope of work covering an area of 83 million square meters for a period of five years. According to the municipality, these contracts are aimed at stepping Riyadh’s...

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