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Category: Business

By David SmithIn Business, NewsPosted September 25, 2024

Riyadh Signs SR6 Billion Contracts to Upgrade Roads

Riyadh Municipality has signed contracts worth SR6 billion to upgrade the city’s road infrastructure. This ambitious project aims to enhance mobility, improve road quality, and...

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By Ava WilliamsIn Business, NewsPosted September 25, 2024

Mayor Inaugurates Riyadh Infrastructure Summit and Exhibition

The Riyadh Infrastructure Summit and Exhibition, inaugurated by the Mayor of Riyadh, Prince Dr. Faisal bin Ayyaf, has drawn significant attention from both local and...

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By Emma JohnsonIn Business, NewsPosted September 23, 2024

From Division to Unity: The Epic Journey of Saudi Arabia

Saudi Arabia’s journey from division to unity is a remarkable tale of resilience, vision, and leadership. The unification of the kingdom under King Abdulaziz Al...

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By Ava WilliamsIn Business, NewsPosted September 23, 2024

ParkPoint’s Saudi Expansion Opens New Growth Horizons with Robust Government and Business Support

ParkPoint, a leading parking management and operations company based in Bahrain, has significantly expanded its footprint in Saudi Arabia. Since entering the Saudi market in...

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By Emma JohnsonIn Business, NewsPosted September 20, 2024

Saudi Arabia Records 54% Surge in Industrial Investments After Expat Fee Waiver

Saudi Arabia has witnessed a remarkable 54% increase in industrial investments following the waiver of fees for expatriate workers in the industrial sector. This initiative,...

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By Noah MillerIn Business, NewsPosted September 19, 2024

Number of Property Deals in Saudi Arabia Surged in First Half of 2024

The real estate market in Saudi Arabia experienced a significant surge in property deals during the first half of 2024. According to recent reports, the...

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By Emma JohnsonIn Business, NewsPosted September 19, 2024

SAUDI EXPORTS Partners with Al Nahdi to Promote Saudi-Made Products

The Saudi Export Development Authority (SAUDI EXPORTS) has signed a strategic Memorandum of Understanding (MoU) with Al Nahdi Medical Company to promote Saudi-made products. This...

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By Emma JohnsonIn Business, NewsPosted September 19, 2024

‘Made in Saudi’ and Nahdi Sign MoU to Localise Nahdi Products

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...

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By David SmithIn Business, NewsPosted September 19, 2024

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...

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By Ava WilliamsIn Business, Economy, NewsPosted September 18, 2024

Saudi Arabia: Areeb Capital Fund Acquires $3.2 Billion Land in Dammam

Areeb Capital, a leading asset management company in Saudi Arabia, has announced the acquisition of a 32-million-square-meter plot of land in Dammam for $3.2 billion....

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By Rian LordIn Business, NewsPosted September 12, 2024

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...

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By Noah MillerIn Business, NewsPosted September 12, 2024

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,...

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By Rian LordIn Business, NewsPosted September 12, 2024

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...

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By Emma JohnsonIn Business, NewsPosted September 11, 2024

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...

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By Noah MillerIn Business, NewsPosted September 11, 2024

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...

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By Ava WilliamsIn Business, NewsPosted September 10, 2024

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...

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