The initiative will contribute to overcoming challenges faced by global supply chains
The bank’s loan portfolio grew to SAR189bn, marking an increase of 4 per cent during the third quarter
The programme will provide SMEs a wide range of support from capability building and strategy development to training, market access, advisory services and business planning
The proceeds will be used by Zid to expand into new markets in Saudi Arabia and in the region
The FIFA World Cup is starting on November 20 and will run until December 18
The Mexico City-based company is branching into the UAE and Oman
The company set the final offer price at $26.6 a share, raising $710m after a book-building process for institutional investors
The firm opened a specialist hospital in the Middle East in 1955 and currently runs more than 150 stores across five countries in the region
Book-building for Marafiq’s IPO opens on Sunday and lasts until October 14, followed by a retail offering from October 26-29
The bond was more than eight times oversubscribed, with orders exceeding $24bn
Visitors can expect a packed agenda with cybersecurity training, hacking competitions and sessions with leading international speakers at the event
Flights will operate from November 2022 through to March 2023
STC is expanding into a range of services beyond its core telephone network business
Analysts say there’s only about 2 million barrels a day of capacity that could be brought online quickly should there be a supply shutdowns
The announcement was made at the General Assembly meeting of the Olympic Council of Asia held in Cambodia
The fund’s managing director said that the office will ‘spearhead engagement with regional institutions and strengthen relationships with country authorities’.
Projects will be developed in the cities of Al-Madinah, Al-Khobar, Al-Ahsa, Buraidah, Najran, Jizan, Hail, Al-Baha, Arar, Taif, Dumat Al-Jandal, and Tabuk
Flynas scaled its fleet to 38 aircraft in June 2022 compared to 25 aircraft in January 2021
Arabian Drilling plans to use the IPO proceeds to scale up its onshore and offshore fleet and expand operations in the GCC region
By virtue of a royal decree, Al-Benyan was appointed as the kingdom’s new education minister
The directive comes as part of a cabinet reshuffle
Alghannam has been with HSBC Saudi Arabia since 2011
Saudi Arabia was the UAE’s fourth leading trading partner from 2012 to 2021, with trade exchange amounting to Dhs904.3bn
UAE will commemorate Saudi Arabia’s 92nd National Day with an extensive programme of celebrations from September 23 to 26
Wizz as a whole is planning for a fleet of 500 aircraft by 2030
Oil and gas investments slumped from $700bn in 2014 to $300bn in 2021, according to Aramco’s chief executive officer, Amin Nasser
Arabian Drilling operates 45 rigs and had revenue of $586m last year
The Contour platform deploys decentralised technology to integrate digital networks for transfer of data across trade routes
Sarah Al-Suhaimi was named chair of the Saudi stock exchange in 2017
Saudi Arabia, Bahrain, Cyprus, Djibouti, Kuwait, Morocco, Nigeria, Oman, Pakistan, Jordan and Rwanda are member states of the organisation founded to drive collaboration in digital transformation