Business & Money | Monday 26 April, 2021 10:37 am

Council of Economic and Development Affairs Sheds Light on the Kingdom’s Vision 2030's Most Important Achievements in Five Years After its Inception

Conveying his gratitude to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, for the special care and great support he is providing to the Kingdom's Vision 2030, His Royal Highness Crown Prince Mohammed bin Salman bin Abdulaziz, Deputy Prime Minister and Chairman of the...

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Business & Money | Monday 26 April, 2021 10:22 am

KPMG to Assess the Cybersecurity Posture for Energy Giant Aramco’s Suppliers News Highlights

  KPMG Professional Services in Saudi Arabia has signed an agreement with Aramco, one of the largest energy and chemicals companies in the world, to examine and strengthen the cybersecurity compliance checks across Aramco’s third-parties and suppliers. Aramco has recently implemented...

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Environment & Energy | Sunday 25 April, 2021 2:02 am

Saudi Arabia joins US in creating Net-Zero Producers Forum

Saudi Arabia’s Ministry of Energy announced that the Kingdom will join Canada, Norway, Qatar and the United States to form a forum to develop strategies including methane abatement, circular carbon systems, carbon capture and storage and economic diversification. The five countries...

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Business & Money | Sunday 25 April, 2021 1:53 am

Saudi Central Bank Introduces SR200 Banknote, on the Occasion of 5th Anniversary of Launching Kingdom Vision 2030

The Saudi Central Bank announced introducing a new banknote of SR200 denomination, on the occasion of the 5th year of launching the Kingdom Vision 2030, in the reign of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, based on the fourth article of the Saudi Monetary System, ...

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Business & Money | Sunday 25 April, 2021 1:48 am

Saudi Arabia to launch global electronic platform for dates

Saudi Arabia is launching a global electronic platform for dates as a way to introduce international investors to the different types of the fruit being produced in the country.The Kingdom is one of the most important date-producing nations in the world, accounting for 17 percent of global...

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Tourism & Hospitality | Thursday 22 April, 2021 4:28 pm

Tourism Development Fund enters SAR1.3 billion agreement to bolster Madinah’s tourism offering

Tourism Development Fund (TDF) signed an agreement with Knowledge Economic City and Riyad Bank yesterday to co-finance the development of the SAR 1.3 billion ‘KEC Hub’, a 68,000 sqm tourism complex within Knowledge Economic City. Located at the heart of Madinah, only around 6km from the...

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Business & Money | Thursday 22 April, 2021 11:33 am

Saudi Cruise partners with MSC Cruises for winter season

Saudi Cruise Co., owned by the Public Investment Fund, signed a joint agreement on Wednesday with MSC Cruises to launch its trips in the Red Sea and the Arabian Gulf during the upcoming winter season.The announcement came during a meeting between Fawaz Farooqui, interim CEO of the Red Sea Cruise...

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Business & Money | Thursday 22 April, 2021 11:21 am

Nadec Announces Winning Joint Tender to Acquire Flour Mill with over SR2 Billion

The National Agricultural Development Company (Nadec) announced the awarding of joint tender offered by Nadec and the “coalition members” to acquire one out of two flour mills that were floated for privatization by the National Center for Privatization and Saudi Grains Organization.The value of ...

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Business & Money | Thursday 22 April, 2021 2:57 am

Virgin Mobile KSA Celebrates Earth Day and removes 100% of single-use plastic from its operations

In a major move towards realising its local and regional sustainability ambitions, Virgin Mobile Saudi Arabia has eliminated all single-use plastic from its operations across the Kingdom. The achievement marks Virgin Mobile Saudi Arabia’s local efforts in support of Virgin Group’s wider...

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Environment & Energy | Wednesday 21 April, 2021 1:05 pm

ENOC Group’s terminals operations further expands into the Kingdom of Saudi Arabia

ENOC Group in partnership with Rotary Arabia, one of the premier EPC contractors in Saudi Arabia, completed the building of vital pipeline and tank infrastructure to transport and store petrochemicals in the Kingdom’s Western Province.   The infrastructure development between...

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