Business & Money | Sunday 17 March, 2024 4:10 pm

Saudi Showpiece New Murabba ‘Open for International Investment’

New Murabba Development Company has made a powerful impression at the prestigious MIPIM 2024 event in Cannes, France. The event, which brings together the world's leading players in the property development sector, saw New Murabba unveil its vision for reshaping urban development, and announced its ...

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Technology & IT | Sunday 17 March, 2024 3:11 pm

ROSHN Signs MoU with the Saudi Federation for Cybersecurity

ROSHN Group, the PIF-owned giga-project and Saudi Arabia’s most trusted real estate developer, has signed a memorandum of understanding (MoU) with the Saudi Federation for Cybersecurity, Programming and Drones during LEAP, the Riyadh-based annual technology event, that aims to further national...

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Business & Money | Sunday 17 March, 2024 11:08 am

ROSHN showcases Saudi urban transformation at world’s leading real estate meeting

ROSHN Group, Saudi Arabia’s leading real estate developer and PIF-owned giga-project, showcased the Kingdom’s urban transformation at the world leading International Real Estate Professional Marketplace (MIPIM) in Cannes, France. Joining the ‘Invest Saudi’ pavilion, ROSHN attended as part...

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Business & Money | Saturday 16 March, 2024 6:38 am

Saudi Cable says unable to publish Q3 2023 financials on time

Saudi Cable Co. announced its inability to disclose its preliminary financial results for the period ended Sept. 30, 2023, within the specified deadline as the auditing process has not been finalized yet.   The financials are expected to be posted on March 17, 2024, according to a...

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Business & Money | Saturday 16 March, 2024 6:36 am

Non-oil activities account for 50% of Saudi GDP

Saudi Arabia's non-oil activities accounted for 50% of GDP in 2023, their highest ever level, based on the Ministry of Economy and Planning’s analysis of data issued by the General Authority for Statistics (GASTAT).   Accordingly, total non-oil economy reached SAR 1.7 trillion at...

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Business & Money | Friday 15 March, 2024 8:29 pm

Ministry of Industry issues 152 licenses worth SAR 6.2B in January

The Ministry of Industry and Mineral Resources issued 152 new industrial licenses in January, at a total investment value of SAR 6.2 billion, according to a statement.  The new licenses covered five industrial activities, with 27 licenses issued in the food production sector, 20 in the...

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Business & Money | Friday 15 March, 2024 12:37 am

Diriyah Company Unveils Cutting-Edge Concept Design for 'The Arena in Diriyah' at MIPIM

Diriyah Company has today unveiled the unique and innovative concept design for The Arena in Diriyah, located on the outskirts of Saudi Arabia’s capital city Riyadh, that has been crafted by London-based HKS Architects to create a technologically advanced, globally significant arena that embodies ...

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Business & Money | Thursday 14 March, 2024 10:53 am

Inbound containers jump 17% to 226,700 in February: MAWANI

The Saudi ports reported a 17% increase in the number of inbound containers to 226,670  in February, compared to 193,940 containers in the same month last year. In a statement, the Saudi Ports Authority (MAWANI) said that outbound containers declined by...

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Government | Wednesday 13 March, 2024 12:39 pm

HRSD Ministry launches job mobility service across government entities

The Ministry of Human Resources and Social Development (HRSD) launched today, March 13, a job mobility service between government entities, aiming to enhance the investment in human capital and streamline internal and external transfer procedures among government entities.   ...

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Business & Money | Wednesday 13 March, 2024 12:22 pm

Saudi Research Development and Innovation Authority (RDIA) and Gulf Capital sign US$100 million investment partnership

Gulf Capital announced today that it has signed an agreement with the Saudi Research Development and Innovation Authority (RDIA) to deploy over US$100 million into the Saudi technology and innovation sector over the next five years.  The Letter of Intent (LoI) was signed in Riyadh by Dr...

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