In a significant move to boost local manufacturing, the Saudi Exports Development Authority and Nahdi Medical Company have signed a memorandum of understanding (MoU) to...
Playtika to Acquire Tel Aviv Gaming Startup SuperPlay for Up to $1.95 Billion
In a significant move within the gaming industry, Israel’s Playtika has announced its agreement to acquire Tel Aviv-based gaming startup SuperPlay. The deal, valued at...
Hyatt International Hotels Board Meets in Saudi Arabia to Discuss Expansion Plans
In a landmark meeting held in Riyadh, Saudi Arabia, the board of Hyatt International Hotels convened to discuss the company’s ambitious expansion plans in the...
Saudi Arabia Encourages Increased Investment from China
In a recent high-level meeting, Saudi Arabia has called for increased investment from Chinese enterprises, highlighting the mutual benefits of deeper economic cooperation. The discussions,...
Maccabi Tel Aviv to Host Europa League Matches in Belgrade
In a strategic move, Maccabi Tel Aviv has announced that it will host its Europa League matches in Belgrade, Serbia. This decision comes as part...
Egypt Plans $320 Million PPP Projects in El-Dekheila Port
Egypt is set to launch two significant Public-Private Partnership (PPP) projects worth $320 million at El-Dekheila Port in Alexandria. The projects include a multipurpose terminal...
Egypt and Australia Explore Enhanced Cooperation in Mining Sector
Egypt and Australia are exploring ways to enhance cooperation in the mining sector, with a focus on attracting Australian investments and leveraging advanced technologies. Egyptian...
King Salman to Patronize 8th Future Investment Initiative in Riyadh
Under the patronage of King Salman bin Abdulaziz Al Saud, the 8th edition of the Future Investment Initiative (FII) will be held from October 29...
Saudi Arabia Leads GCC as Global Sukuk Issuances Set to Surpass 2023: Moody’s
Saudi Arabia is spearheading the Gulf Cooperation Council (GCC) in global sukuk issuances, with volumes expected to surpass those of 2023, according to a recent...
Saudi Arabia’s Folk Maritime Launches New Liner Service Connecting Jeddah to Major Indian Ports
In a significant development for maritime trade, Saudi Arabia’s Folk Maritime Services Company has announced the launch of a new liner service connecting Jeddah Islamic...
Martin Sorrell’s Monks to Relocate HQ from Dubai to Saudi Arabia
In a strategic move, British advertising tycoon Martin Sorrell’s Monks, part of S4 Capital, is relocating its Middle East headquarters from Dubai to Saudi Arabia....
Wardwizard Innovations & Mobility to Form Joint Venture with Saudi Prince
Wardwizard Innovations & Mobility Limited has announced a significant joint venture with Prince Abdulaziz Bin Turki Bin Talal Bin Abdulaziz Al Saud of Saudi Arabia....
Egypt Airshow: EgyptAir Group Signs Deals with Airbus
At the Egypt Airshow, EgyptAir Group has announced significant deals with Airbus aimed at enhancing efficiency and safety in the commercial aviation sector. The agreements...
Lendo Aims to Bridge Financing Gap for SMEs in Saudi Arabia
Lendo, a Saudi Arabia-based Shariah-compliant crowdlending marketplace, is making significant strides in bridging the financing gap for small and medium-sized enterprises (SMEs) in the kingdom....
Gold Rates in Saudi Arabia Today – 05 September 2024
The gold rates in Saudi Arabia have seen a notable increase today, 05 September 2024. The price of 24-karat gold per tola has risen to...
Tamkeen Human Resource to List 30% on Saudi Stock Exchange
Tamkeen Human Resource Company, a leading provider of human resources services in Saudi Arabia, has announced plans to list 30% of its shares on the...