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...
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 ...
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...
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. ...
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...
ACWA Power Co. received on March 12 a commercial operation certificate from Emirates Water and Electricity Co. (EWEC) for Al Taweelah Reverse Osmosis Independent Water Plant (IWP) in Abu Dhabi, according to a statement to Tadawul. Desalinated water production capacity...
The Opensignal, a globally acclaimed authority on mobile network experiences, in its Global Reliability Experience Report, found that mobile users valued reliable network services more than faster speeds, and considered reliability second only to cost, whereas Denmark has topped the list in...
New Murabba Development Company, a leading urban development destination in Saudi Arabia, is showcasing its transformative vision at the 2024 MIPIM, a prestigious real estate event gathering industry leaders from across the globe taking place on 12-15 March at the Palais des Festivals, Cannes,...
The Public Investment Fund (PIF) advanced to the fifth position among the world’s largest sovereign wealth funds (SWFs), after its net assets rose to $940.26 billion, according to the latest data from the SWF Institute. PIF's assets rose by $163.6...
Ceer will complete the construction of its electric vehicle (EV) factory within the next two years, with the launch of the designs and accessibility to the automotive market, CEO Mohammed Abuazzah told Al-Arabiya TV. The manufacturing capacity of the factory will align with market requirements ...