Business & Money | Wednesday 17 April, 2024 10:29 am

Saudi Cable names Fawaz Al Muqbil as CEO, Khalid Khashoggi as MD

Saudi Cable Co.’s board of directors decided yesterday, April 16, to appoint Fawaz Bin Mubarak Al-Muqbil as CEO effective today, April 17. Al-Muqbil replaced Nael Samir Fayez, who was appointed as an advisor to the company’s board of directors, according to a statement to...

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Government | Wednesday 17 April, 2024 10:12 am

Riyadh Gears Up for the 2024 Islamic Development Bank Group’s Annual Meetings and IsDB Golden Jubilee Celebration

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...

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Business & Money | Wednesday 17 April, 2024 9:52 am

National Building renews SAR 85M credit facility with Alinma Bank

National Building and Marketing Co. signed a renewal for the Shariah-compliant credit facilities agreement worth SAR 85 million with Alinma Bank, according to a statement to Tadawul. The revolving loan agreement is valid for a period of nine months, the company pointed out, adding that the...

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Tourism & Hospitality | Wednesday 17 April, 2024 9:50 am

New airlines connecting Kingdom with Africa to be launched soon: Report

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...

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Tourism & Hospitality | Wednesday 17 April, 2024 9:46 am

Passenger traffic in Saudi airports rises 26% to 112M in 2023

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...

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Technology & IT | Wednesday 17 April, 2024 9:43 am

du and Expereo partner to deliver secure global smart network connectivity to enterprises and government in the UAE

Collaboration aims to empower customers with enhanced services, improved connectivity, innovative solutions, and exceptional customer experiences.  du, from Emirates Integrated Telecommunications Company (EITC) today announced the signing of a Memorandum of Understanding (MoU) with...

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Environment & Energy | Wednesday 17 April, 2024 9:40 am

Masdar and EGA form alliance to work together on aluminium decarbonisation and growth through renewables

Collaboration will advance sustainable production of aluminium, one of UAE’s biggest exports • Masdar and EGA will explore international opportunities to power new aluminium production facilities with renewable energy • Aluminium plays a major role in the decarbonisation of many...

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Sports | Wednesday 17 April, 2024 9:25 am

Esports World Cup to Feature Record-Breaking Prize Pool of More Than $60 Million

Esports World Cup Foundation (“EWCF”) has announced an unprecedented total prize pool of more than $60 million for the inaugural Esports World Cup (“EWC”) this summer in Riyadh, Saudi Arabia. This life-changing sum is the largest prize pool ever awarded at an esports tournament, shattering...

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Business & Money | Wednesday 17 April, 2024 9:24 am

Introducing Global Vape Forum - Dubai, June 2024

World Vape Show launched in September 2021 and has been a huge success, expanding to 6 shows in 3 continents and growing. The show has gone on to become the most important and largest Business-to-business event globally. Part of the success is down to passion for change and drive to deliver...

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Business & Money | Wednesday 17 April, 2024 8:45 am

Fostering Economic ties: The Second Edition of Vision Golfe to Unveil the Future of Franco-Gulf Business & Trade Relations

Business France, the national agency supporting to the international development of the French economy, announces the second edition of "Vision Golfe," a key annual event fostering trade cooperation between France and the Gulf Cooperation Council (GCC) countries. Following the successful inaugural...

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