The Islamic Development Bank Group (IsDB) is set to hold its 2024 Annual Meetings and IsDB Golden Jubilee in Riyadh from April 27-30, under the Royal Patronage of the Custodian of Two Holy Mosques, King Salman Bin Abdulaziz Al-Saud. The 2024 Annual Meetings will be held under the theme of...
A new Saudi airline will soon be launched in Riyadh by an investor to link Saudi Arabia and the African continent, with the aim of supporting tourism and investment, Al Eqtisadiah News Paper reported, citing informed sources. Regulatory approvals have been obtained from both the local sides...
The air traffic in the Kingdom in 2023 reached an unprecedented record number in terms of passengers, whose number reached about 112 million passengers through various airports in the Kingdom, with a growth rate of 26% year-on-year, and more than 8% compared to 2019, which confirms the recovery of...
Ladun Investment Co.’s board of directors approved signing a Shariah-compliant credit facilities agreement with Al Rajhi Bank to finance the company and affiliated Built Industrial, at a total value of SAR 573 million, according to a statement to Tadawul. The financing facility was obtained...
Saudi Arabian Mining Co. (Maaden) board of directors recommended the buyback of 5.69 million ordinary shares, which will be allocated to the long-term employee stock incentive program, the company said in a statement to Tadawul today The shares will ...
ROSHN Group announced today, April 15, the signing of an agreement worth over SAR 215 million with partner developer Dar Al Arkan for the development of residential villas in SEDRA 1A compound. The deal comes as part of the group's efforts to further strengthen its leadership in the Kingdom's...
Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) said it started providing catering services at a residential complex in NEOM, as per the timetable outlined in the award letter. The company is engaged in finalizing the site preparations and appointing qualified...
Arabian Internet and Communications Services Co. (solutions) signed, on April 15, a SAR 139.95 million contract with stc to renew the VMware licenses and provide technical support and maintenance services, according to a statement to Tadawul. The contract will extend for three years, the...
The decision issued by the Insurance Authority (IA) to localize all sales positions in insurance products goes into effect today, April 15. The decision stipulates that non-specialized sales employees will not receive any sales-related commissions. The IA will monitor the implementation...
⦁ Over 100 leading global construction companies briefed on the current progress of construction and breadth of opportunities on key projects throughout NEOM.⦁ Nadhmi Al-Nasr, CEO of NEOM, emphasized the progress on the ground, the scale of future opportunities and commitment to collaborating...