Business & Money | Friday 30 November, 2018 6:00 am

Efforts of the King, Crown Prince in bolstering world economy through G20 summits

The Kingdom of Saudi Arabia’s role in the Group of Twenty (G20) has strengthened its position in the global economy, thanks to its solid economic and industrial base. This role emphasizes the Kingdom’s weight and position on the global economy and its moderate and economic decisions...

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Business & Money | Friday 30 November, 2018 3:49 am

SABIC signs MoU with 6 suppliers to form global business alliances

Saudi Basic Industries Corporation (SABIC) announced on Thursday that it has signed memorandums of understanding (MoUs) with six multinational suppliers. According to a statement issued by the petrochemical giant, the suppliers include German conglomerate Siemens, Swiss technology firm ABB,...

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Business & Money | Friday 30 November, 2018 2:00 am

Saudi Arabia's Olayan consortium withdraws from UK shopping mall owner bid

A consortium including Saudi Arabia’s Olayan Group has scrapped plans for a £2.9 billion bid for a UK shopping center owner. Shares in mall owner Intu collapsed on Thursday when the would be suitors, that also included Peel Group and Canadian property firm Brookfield, said that...

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Business & Money | Thursday 29 November, 2018 12:23 pm

SAGIA at the MENA-OECD Conference: The Kingdom's VISION 2030 has contributed to the Accelerating Pace of Reforms to Enhance Competitiveness of the Saudi Economy

His Excellency the Governor of the Saudi Arabian General Investment Authority (SAGIA), Ibrahim Al-Omar, participated in the annual meeting of the OECD Working Group for the Middle East and North Africa, which commenced on Tuesday in the Dead Sea over a period of two days amid a regional and...

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Environment & Energy | Thursday 29 November, 2018 7:00 am

Saudi Aramco Signs Deals Worth $27.5 Billion With Suppliers at Annual IKTVA Localization Forum

Saudi Aramco hosted its 4th IKTVA Forum & Exhibition this week at the Dhahran Expo Center in Dammam, attracting more than 1,000 local and international energy-sector service and equipment suppliers, manufacturers and small and medium enterprises to explore available investment...

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Government | Thursday 29 November, 2018 5:21 am

After visiting four Arab countries, Prince Muhammad arrives in Argentina

Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, arrived in Buenos Aires on Wednesday for the G20 summit of industrialized nations. The Crown Prince was received at the airport by Argentina’s Foreign Minister Jorge Faurie. The G20 leaders summit begins on...

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Environment & Energy | Thursday 29 November, 2018 4:23 am

Putin praises Crown Prince for oil production cut

Russian President Vladimir Putin on Wednesday praised the role of Saudi Arabia and Crown Prince Muhammad Bin Salman, deputy premier and minister of defense, in the success of concluding agreements aimed at cutting oil production. The Russian president was responding to a question on the...

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Business & Money | Thursday 29 November, 2018 2:32 am

Materials Handling Saudi Arabia ’18 showcases as many as 100 brands

Focused on innovative trends and new technologies driving the industry change, Materials Handling Saudi Arabia 2018 trade show, opened its doors on Wednesday at Park Hayat, showcasing as many as 100 brands from 23 local and international companies known within the materials handling and supply...

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Business & Money | Wednesday 28 November, 2018 2:42 pm

SEDCO Holding’s Rowad Riyali Wins Learning Technologies Award For Best Learning Technologies Project

SEDCO Holding’s Rowad Riyali, an Arabic financial literacy program for entrepreneurs, has won the Learning Technologies Award for Best Learning Technologies Project – Public and Non-Profit Sector, presented at the Park Plaza Westminster Bridge Hotel in London, UK. The Learning...

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Business & Money | Wednesday 28 November, 2018 2:00 pm

Saudi Aramco to Hold 4th Annual IKTVA Forum & Exhibition for Best Practices in Local Content

Under the patronage of HRH Prince Saud bin Nayef bin Abdulaziz Al Saud, governor of the Eastern Province, Saudi Aramco will hold its 4th annual forum for the In-Kingdom Total Value Add (IKTVA) program November 26-27 at the Dhahran Expo Center in Dammam. The event will bring...

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