Saudi Arabia

GCC NEWS DESK Saudi Arabia

ACT Treasury Briefing in Saudi Arabia Explores Cutting-Edge Financing Strategies

News Desk 1 22/02/2024

The Association of Corporate Treasurers (ACT), is set to present its treasury briefing on 26th February 2024 at Al Waha Crowne Plaza, Riyadh, Saudi Arabia. The briefing will address the effective management of working capital cycles and the strategic use of diverse financing solutions to

GCC NEWS DESK Saudi Arabia

IFS Partners with AIGC to Optimize Growth in Saudi Arabia

News Desk 1 21/02/2024

IFS, the global cloud enterprise software company, has signed a strategic partnership with Artificial Intelligence Global Company (AIGC) a leading digital services consulting company in Saudi Arabia. As an industry specialized solution provider, IFS is in a strong position to drive digitization in key Oil & Gas and Utilities markets while AIGC’s deep-rooted local

GCC NEWS DESK Saudi Arabia

MBC DREAM celebrates Saudi Arabia’s Founding Day

News Desk 1 19/02/2024

This Founding Day, DREAM, the biggest trivia competition in the Middle East launched by regional media conglomerate MBC GROUP, is giving Saudi Arabia participants an exclusive chance to enter its next $100,000 draw for free. For 18 years and counting, the trivia competition has been inspiring millions of dreamers across the Arab World, igniting their […]

GCC NEWS DESK Saudi Arabia

AL-ULA IN SAUDI ARABIA JOINS Swissport’S NETWORK

News Desk 1 19/02/2024

Swissport has added Prince Abdul Majeed bin Abdulaziz International Airport at Al-Ula (ULH) to its growing network in Saudi Arabia. The first flight serviced by Swissport was a Royal Jordanian flight arriving from Queen Alia International Airport in Amman, Jordan. Swissport, the global leader in airport ground services and air cargo handling, will provide Royal […]

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High levels of digital awareness and a desire for new experiences

News Desk 1 19/02/2024

In a bid to catalyze digital innovation in the retail sector, Snap Inc. and Kearney took center stage at the 10th anniversary of Retail Leaders Circle MENA. Highlighting the immense potential and desire for retailers to meet the expectations of tech-savvy Saudi consumers, Snap Inc. introduced their joint whitepaper with Kearney, titled ‘Retail Innovation vs. […]

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Stunning TLC win at 2024 Dakar Rally shines spotlight on Toyota’s illustrious legacy

News Desk 1 14/02/2024

Team Land Cruiser Auto Body (TLC) has secured an unprecedented 11th consecutive Production Car category victory at the recently concluded 2024 Dakar Rally in Saudi Arabia, reinforcing Toyota’s illustrious history spanning five decades of championing the spirit of motorsport at the highest level around the Middle East and throughout the world. The record-breaking results

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RHEEM MIDDLE EAST OPENS ITS LARGEST INNOVATION AND LEARNING CENTER

News Desk 1 08/02/2024

Rheem Middle East, a global leader in manufacturing innovative and energy-efficient HVAC and water heating solutions, is proud to announce the opening of its latest and largest Innovation and Learning Center (ILC) in Riyadh, Saudi Arabia. As Rheem Middle East’s second ILC in the region, with an additional center already operating in the UAE, this […]

Business Defence & Security GCC Saudi Arabia

Saudi Arabia and Leonardo sign strategic partnership

Arnold Pinto 08/02/2024 0

Pact covers defence and aerospace advancements Saudi Arabia’s Ministry of Investment and the General Authority for Military Industries have inked a Memorandum of Understanding (MoU) with Leonardo to explore, develop, and assess various investment and collaboration prospects within the defence and aerospace sector. The announcement occurred during a formal ceremony at

GCC NEWS DESK Saudi Arabia

Ministry of Commerce, Saudi Arabia, signs agreement with VFS Global for visa services

News Desk 1 07/02/2024

VFS Global, market leader in the outsourced visa and consular services space for governments,  has entered an agreement with the Ministry of Commerce, Saudi Arabia, to provide visa application services through a centre operated within the premises of the Ministry of Commerce headquarters in Riyadh. The agreement was signed in the presence of Eng.  Mohammed […]

GCC NEWS DESK Saudi Arabia

SACE to finalize 1 Billion Euro Loan to Boost Italian-Saudi Business Relations

News Desk 1 06/02/2024

SACE, Italy’s Export Credit Agency, is pleased to announce a new “Push Strategy” financing in support of the Ministry of Finance of Saudi Arabia (MoF) represented by the Saudi National Debt Management Center (NDMC).  The transaction aims at providing 80% coverage for a loan of EUR 1 billion made available by a pool of international […]

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IFS to Highlight Key Industry Solutions at the Prestigious International Petroleum Technology Conference

News Desk 1 06/02/2024

IFS, the global cloud enterprise software company, has announced its participation at the International Petroleum Technology Conference (IPTC) in Saudi Arabia on February 12-14, 2024. The company will be showcasing IFS Cloud tailored for the dynamic needs of energy organizations to reduce costs and risks, plan and manage workforce productivity and ideal for achieving

GCC NEWS DESK Saudi Arabia

SAUDI ARABIA’S RAKAN AL THAQAFI VYING FOR GLORY AGAINST OCR GREATS

News Desk 1 06/02/2024

There is now less than one month to go until the maiden Tough Mudder Infinity descends on AlUla, featuring the largest prize pot in obstacle course racing history, with Saudi Arabia’s Rakan Al Thaqafi gunning for glory on home soil. The inaugural event in the Middle East takes place on Saturday 24th February in the […]

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Stirling Hospitality Advisors select The First Group as Operator for Luxury Beach Development

News Desk 1 06/02/2024

Stirling Hospitality Advisors, one of the leading boutique advisory firms in the region, recently concluded a mandate to assist an established Saudi-based property developer in selecting The First Group (TFG) as the operator for a soon-to-open 107-key beach development – Silver Sands Beach in Jeddah, Saudi Arabia. As lead advisors on the project, Stirling Hospitality

GCC NEWS DESK Saudi Arabia

GCC companies enter Saudi Arabia to tap US$3 trillion business opportunities

News Desk 1 06/02/2024

Companies in the GCC countries are expanding in Saudi Arabia to tap the massive opportunities being created by US$3 trillion worth of foreign investment entering the Kingdom as part of the Saudi Vision 2030, by either setting up a totally new business license or opening up a branch, as the country undergoes massive development works. […]

GCC NEWS DESK Saudi Arabia

JUMEIRAH GROUP OPENS ITS FIRST HOTEL IN THE KINGDOM OF SAUDI ARABIA

News Desk 1 06/02/2024

Jumeirah Group, the luxury hospitality company and member of Dubai Holding, continues its regional and international expansion with the opening of its first hotel in the Kingdom of Saudi Arabia, Jumeirah Jabal Omar Makkah. The hotel has commenced operations as part of the second phase of the city’s flagship Jabal Omar project, designed by Fosters […]

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Avalon Pharmaceuticals Announces International Partnership with City Pharmacy

News Desk 1 04/02/2024

Avalon Pharmaceuticals, one of the fastest growing home-grown pharmaceutical companies in Saudi Arabia, has announced plans to partner with regional leader City Pharmacy. Originating in Saudi Arabia, Avalon Pharmaceuticals has a storied 25-year history within the Kingdom, marked by its pursuit of excellence in the health, beauty and prescription medicine sectors. Avalon

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TASC survey reveals maintaining balance between Global Mobility and Green Nitaqat

News Desk 1 29/01/2024

Aligning its solutions offerings to help businesses overcome challenges faced for the Global Mobility of human resources; TASC, the leading GRO, HRO, Mobility Solutions and Immigration solutions specialists is redefining the transformative Saudization journey for businesses across industries. In recent market research conducted in the kingdom, TASC observed that achieving

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Henkel and Al Dawaa Pharmacies Mark Growing Partnership

News Desk 1 29/01/2024

Henkel’s brand, Palette and Al Dawaa Pharmacies commemorated their growing collaboration with an exclusive coloration event at one of Al Dawaa’s flagship stores in Khobar, Kingdom of Saudi Arabia. The event marked the successful partnership, centered around Henkel’s renowned Schwarzkopf brand, Palette, an esteemed hair color expert trusted by millions of women

NEWS DESK GCC Saudi Arabia

SAUDI TOURISM LAUNCHES LATEST ‘SAUDI, WELCOME TO ARABIA’ CAMPAIGN

News Desk 1 27/01/2024

day, Saudi’s national tourism brand ‘Saudi Welcome To Arabia’ has kicked off another global marketing campaign featuring football legend and Saudi Tourism Ambassador, Lionel Messi. Launching across key target markets in Europe, India and China, the “Go Beyond What You Think” campaign is anchored on consumer insights, which revealed there are still common misconceptions

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JAGUAR TCS RACING LOOKING TO BUILD UPON STRONG SEASON-OPENING

News Desk 1 25/01/2024

Jaguar TCS Racing return to track on Friday 26 and Saturday 27 January for rounds two and three of the 2024 ABB FIA Formula E World Championship in Diriyah, Saudi Arabia.Racing under the lights of Diriyah holds positive memories for the team, previously securing three podiums and a race win. Jaguar TCS Racing drivers Nick […]