Business & Money | Wednesday 8 May, 2019 3:08 pm

Apicorp Inks Usd 75m Murabaha Term Facility With Saudi Based Company Al Fanar

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has signed a strategic five yearMurabaha financing facility worth USD 75 million with Alfanar Company (“Alfanar”), one of the leading developers and EPC for clean energy and...

More Details

Business & Money | Wednesday 8 May, 2019 11:20 am

Shaker Group reports Q1 2019 results

Shaker Group (“Al Hassan Ghazi Ibrahim Shaker Co.”, the “Company” or the “Group”), Saudi Arabia’s leading importer, manufacturer and distributor of Air Conditioners and Home Appliances, has announced its financial results for the 3-month period ended 31...

More Details

Business & Money | Wednesday 8 May, 2019 4:23 am

Academy launched to hone the skills of Saudi youth

Saudi Customs Jeddah Islamic Port won the 10th “Makkah Award for Excellence’’ for economic excellence, in recognition of Saudi Customs’ implemented programs and initiatives which contributed to the optimization of customs clearance procedures. On this occasion, Ahmed bin...

More Details

Business & Money | Wednesday 8 May, 2019 3:20 am

Saudi Customs Jeddah Islamic Port wins 10th Makkah Award for Excellence

Saudi Customs Jeddah Islamic Port won the 10th “Makkah Award for Excellence’’ for economic excellence, in recognition of Saudi Customs’ implemented programs and initiatives which contributed to the optimization of customs clearance procedures. On this occasion, Ahmed bin...

More Details

Tourism & Hospitality | Wednesday 8 May, 2019 3:03 am

Diriyah Gate Development Authority hosting authentic Ramadan activities through ‘Layali Diriyah‘

On the blessed occasion of the Holy month of Ramadan, the Diriyah Gate Development Authority (DGDA) today announced Layali Diriyah“Diriyah Nights”,a range of cultural activities hosted in the historic landmark of Diriyah. DGDA welcomes people of all ages and backgrounds to...

More Details

Cars & Autos | Tuesday 7 May, 2019 3:06 pm

Abdul Latif Jameel- Lexus Exceeds One Million Followers on Twitter

At a special reception held at Lexus Center, Medina Road, Jeddah, Abdul Latif Jameel– Lexus celebrated together with its guests, the mark of more than one million followers to its account on Twitter, ranking Lexus KSA 1stglobally in terms of the number of followers amongst Lexus...

More Details

Tourism & Hospitality | Tuesday 7 May, 2019 5:01 am

Plans in place for safety of Makkah Grand Mosque visitors

The General Security Aviation Command is deploying all capacities to serve pilgrims and visitors to Makkah’s Grand Mosque during the Umrah season in the holy month of Ramadan.  These measures are part of a comprehensive plan in coordination with the security, health and services...

More Details

Business & Money | Tuesday 7 May, 2019 4:52 am

Mohamed Yousuf Naghi Motors proudly partners with Saudi Art Council for successful ‘Al Obour’ exhibition

Mohamed Yousuf Naghi Motors helped to put Arab art in the driving seat thanks to its successful partnership with the Saudi Art Council for the ‘Al Obour’ contemporary art exhibition.   The artistic event, held over three months, saw three-generations of artists from across...

More Details

Tourism & Hospitality | Tuesday 7 May, 2019 2:58 am

Seeking more expansion in the Kingdom’s hospitality sector Shada launches ‘Shada Executive’ in Jeddah

Shada Hospitality has celebrated the inauguration of its latest hotel, Shada Executive Al Salama, in Jeddah city. The new hotel comes to reiterate Shada’s strategy to expand and present remarkable hospitality services in Saudi Arabia.    The new hotel features 88 hotel rooms...

More Details

Business & Money | Monday 6 May, 2019 3:49 am

Awareness-raising MoU signed to promote intellectual property rights in Riyadh

A memorandum of understanding (MoU) was signed between the Saudi Authority for Intellectual Property, represented by Executive Vice President of Intellectual Property Policies and Partnerships Sami Al-Sudais, and the National Center for Assessment (Qiyas), represented by Executive Vice President...

More Details