Naas Petrol Factory Company is set to make its debut on the Saudi Tadawul’s Nomu parallel market on Wednesday, August 28, 2024. This listing marks...
Saudi’s SRC and BlackRock to Develop Real Estate Finance Market Products
The Saudi Real Estate Refinance Company (SRC), a subsidiary of the Public Investment Fund, has signed a memorandum of understanding (MoU) with the US-based BlackRock...
Air France Suspends Flights to Tel Aviv and Beirut Amid Escalating Tensions
In response to escalating tensions in the Middle East, Air France has announced the suspension of its flights to Tel Aviv and Beirut. This decision,...
Saudi Arabia’s Spending Strategy Shifts Towards Domestic Investment
Saudi Arabia is undergoing a significant transformation in its spending strategy, focusing more on domestic investments rather than external ventures. This shift is part of...
Colorado Assistant Football Coach Attempted to Raise NIL Funding from Saudi Arabia
In a surprising turn of events, a former assistant football coach at the University of Colorado attempted to secure Name, Image, and Likeness (NIL) funding...
TAQA-JERA JV Reaches Financial Closure on Saudi Industrial Steam and Power Plant
The Abu Dhabi National Energy Company (TAQA) and Japan’s JERA Co. have successfully reached financial closure for their new industrial steam and electricity cogeneration plant...
Cristiano Ronaldo Aiming to Help Al-Nassr End Al-Hilal’s Dominance in Saudi Soccer League
Cristiano Ronaldo is gearing up for another season in the Saudi Pro League with a clear mission: to help Al-Nassr dethrone their fierce rivals, Al-Hilal....
Riyadh Air Awards SAR 1.5 Billion Contract to Saudi Ground Services Company
Riyadh Air, Saudi Arabia’s new national carrier, has awarded a SAR 1.5 billion (USD 400 million) contract to Saudi Ground Services Company (SGS) for ground...
El Al Exploits Monopoly on Tel Aviv – New York Flights
El Al Israel Airlines has capitalized on its monopoly over the Tel Aviv - New York route, significantly increasing ticket prices amid the ongoing conflict...
Saudi Foodtech Yalla Plus Closes $2.7 Million Seed Round
Saudi Arabia-based foodtech startup Yalla Plus has successfully closed a $2.7 million Seed investment round, led by Merak Capital with participation from Khwarizmi Ventures, Isometry...
Saudi Arabia’s Sports Ambitions Take Off with Riyadh Air
Saudi Arabia’s ambitious plans to become a global sports hub are gaining momentum with the launch of Riyadh Air. The new airline, set to begin...
Ease of Bilateral Visa in Pakistan and Egypt to Strengthen Economic, Trade Ties: Envoy
The recent announcement of eased bilateral visa regulations between Pakistan and Egypt is set to significantly bolster economic and trade relations between the two nations....
Blinken in Tel Aviv to Meet Top Israeli Leadership as Ceasefire Talks Hit Roadblock
U.S. Secretary of State Antony Blinken has arrived in Tel Aviv for critical meetings with top Israeli officials as ceasefire negotiations between Israel and Hamas...
Egyptian Foreign Minister Visits Field Hospital in Beirut
In a show of solidarity and support, Egyptian Foreign Minister Badr Abdelatty visited the Egyptian field hospital in Beirut. The visit is part of Egypt’s...
Saudi Aramco Secures Majority Stake in Petro Rabigh with $702M Deal
In a strategic move to bolster its downstream operations, Saudi Aramco has agreed to a $702 million deal with Sumitomo Chemical to acquire a majority...
Pakistan Celebrates 78th Independence Day with Renewed Pledge of Unity
Pakistan marked its 78th Independence Day on August 14, 2024, with a series of celebrations and events across the country. The day began with gun...